Innova Lithium

PMET Wins C$1.2M Federal Grant for Quebec Lithium Access Road

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PMET Wins C$1.2M Federal Grant for Quebec Lithium Access Road

MONTREAL – October 29, 2026 -- Natural Resources Canada has approved C$1,215,185 for PMET Resources Inc. to upgrade the access road serving its Shaakichiuwaanaan lithium project in Quebec's Eeyou Istchee James Bay region.

NRCan funding targets 20 kilometers of road to the Trans-Taiga corridor

The money comes from NRCan's First and Last Mile Fund (FLMF). The application was approved under the Critical Minerals Infrastructure Fund, which has been integrated into the FLMF. The contribution goes to Innova Lithium, a wholly owned PMET subsidiary.

The project will upgrade about 20 kilometers of PMET's 100%-owned road linking the Trans-Taiga Road to the property. The upgrade is meant to improve the road's reliability and capacity for increased mining activity. The property is already accessible year-round by all-season road and sits near regional hydroelectric power infrastructure.