PMET Completes Phase 2 Caesium Testwork Program at Shaakichiuwaanaan Project

05:28 PM EDT, 09/22/2026 (MT Newswires) -- PMET Resources (PMET.TO) after trade Tuesday reported results from a phase 2 bench-scale test program conducted by Koch Technology Solutions on pollucite concentrate from its Shaakichiuwaanaan Project, which hosts a major caesium resource. The company said it is exploring ways to go beyond producing pollucite concentrate by converting it into "value-added" caesium chemicals through partnerships with chemical specialists. Koch's proprietary process could provide a potential pathway to extract caesium and produce marketable chemical products, helping PMET capture more value from its resource, the company added. "Follow-up testwork program is now being designed and is anticipated to be expanded to include a complete bench-scale proof-of-concept with production of marketable samples," the company said. PMET shares closed up 5.9% at CA$4.69 on the Toronto Stock Exchange.