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Power Metals Corp V.PWM

Alternate Symbol(s):  PWRMF

Power Metals Corp. is a Canada-based diversified mining company. The principal business of the Company is the acquisition, exploration and evaluation of resource properties. Its exploration project includes Case Lake property. Case Lake Property is located in Steele and Case townships, 80 km east of Cochrane, NE Ontario, close to the Ontario-Quebec border. The Case Lake pegmatite swarm consists of six spodumene dykes: North, Main, South, East and Northeast Dykes on the Henry Dome and the West Joe Dyke on a new tonalite dome. The Case Lake Property is 10 km x 9.5 km in size and consists of 475 cell claims. The Case Lake pegmatite swarm occurs along a sub provincial boundary between the metasedimentary Opatica Sub province to the north and greenstone Abitibi Sub province to the south. The Company has staked the Pelletier Project consisting of approximately 337 mineral claims that account for total surface area of 7000 hectares in northeast Ontario , approximately 50 km south of Hearst .


TSXV:PWM - Post by User

Post by trader53on Feb 03, 2022 7:17pm
151 Views
Post# 34395418

Taken from Financial Review Premium author Peter Ker

Taken from Financial Review Premium author Peter Ker

Prices for the lithium-rich spodumene concentrate that Australian miners send to the world’s battery manufacturers surged by 45.5 per cent in January, and experts say the record-breaking 15-month rally in lithium prices has further to run.

Price reporting agency Benchmark Mineral Intelligence (BMI) said Australian spodumene concentrate was fetching $US2400 per tonne in January, up from $US1650 per tonne in December.

Is Dr Julie Selway right when she says that Case Lake could be another Sinclair Mine? 

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