The 100%-owned Shaakichiuwaanaan Property comprises 463 mineral claims covering approximately 23,710 hectares in the Eeyou Istchee James Bay region of Québec. The October 2025 CV5 lithium-only feasibility study defines a phased, 19-year operation combining open-pit and underground mining with DMS-only processing, an 84.3 Mt Probable lithium reserve and average production of 693.8 kt/y of SC5.5 concentrate. The broader CV5-CV13 resource also contains significant tantalum, caesium and gallium, which were excluded from the 2025 FS economics. PMET submitted the federal and provincial ESIA on March 31, 2026 and is advancing an updated CV5 lithium-tantalum feasibility study, a parallel CV5-CV13 lithium-caesium-tantalum scoping study, engineering optimization, a proposed underground bulk sample, power allocation and project financing.
- Country
- Canada
- Commodity
- Li
- Stage
- Feasibility