PMET Resources Inc. shares rose 7.52% on October 28, 2026, as market interest in the company’s extensive Québec lithium portfolio renewed.
Investor attention followed an October 20 announcement about progress on a 30,000-metre drilling campaign at the Shaakichiuwaanaan project. The campaign aims to increase geological confidence.
Investors are watching for development milestones expected in the fourth quarter of 2026. These include an updated mineral resource estimate, a revised CV5 lithium-tantalum feasibility study, and a broader preliminary economic assessment for the CV5-CV13 area.