PMET Resources Completes 30,000 Meters of Drilling in 2026 at the Shaakichiuwaanaan Property in Quebec.

MT newswire2026/10/20 21:22

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05:22 PM EDT, 10/20/2026 (MT Newswires) -- PMET Resources (PMET.TO) said Tuesday after trade that more than 30,000 meters of drilling have been completed since June at the Shaakichiuwaanaan property in Quebec. The drill program will be completed in mid-November, with assay results expected through the first quarter of next year, a statement said. An updated project mineral resource estimate (MRE-5) and development studies remain on track for release in the fourth quarter, the company said. Results from the 2026 program will be incorporated into an updated mineral resource estimate (MRE-6) which is expected for the second half of 2027. PMET shares closed up CA$0.04 to CA$3.23 on the Toronto Stock Exchange.

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