PMET Successfully Completes Phase 2 Caesium Testwork Program

• Phase 2 testwork successfully demonstrates a simplified processing pathway for high-purity caesium products
• Koch Technology Solutions' technology significantly lowers production costs
• Follow-up testwork program planned to validate process and produce marketable samples

PMET Resources Inc. has successfully completed Phase 2 of its caesium testwork program in collaboration with Koch Technology Solutions. The program demonstrated a simplified and selective processing pathway to produce high-purity caesium chemical products from pollucite concentrate at the Shaakichiuwaanaan Project. The results indicate that Koch's proprietary technology could significantly simplify and lower the costs of producing a wide variety of high-purity caesium products. A follow-up testwork program is now being designed to include a complete bench-scale proof-of-concept with the production of marketable samples. The Company continues to advance discussions with strategic caesium players downstream, including deepening its existing relationship with Koch Technology Solutions, for future chemical processing opportunities.

PMET anticipates expanding its testwork program to include a complete bench-scale proof-of-concept for producing marketable caesium products. The company also plans to deepen its relationship with strategic caesium players downstream.