Drilling at Shaakichiuwaanaan has discovered two high-grade zones of cesium mineralisation. The mining of the cesium ore could improve the economics of the project, by providing by-product revenue over the life of mine or early revenue ahead of spodumene production and presents upside to our base case. The winter drill program is nearing completion and confirmation of extensions of mineralisation between CV5 and CV13 could provide a positive catalyst for the stock. The feasibility study is progressing as planned and due for completion in the 3QCY25. PMT is well funded to sustain a strong focus on exploration while completing the feasibility study, with an estimated cash balance of C$88m at the end of March.
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