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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 Jul 03, 2023 5:07pm
155 Views
Post# 35525118

Power Metals first out of gate!

Power Metals first out of gate!The fires in Quebec are a non event for PMET. With a camp and the drilling/geo teams already in place once the ban is lifted they will return back to work. The negative impact will be felt by the multitude of Juniors who have no camps nor Geo Teams. The contracted Geo Team schedules have been disrupted as has the supply of Drills, Machinery and Helicopters. My guess is it will take much longer than expected to put boots on the ground once the fire ban is lifted. The Geo responsible for discovering Corvette said that a shortage of manpower, equipment, drills and helicopters will impede many of the Juniors exploration programs. That was before the fires... This could put Ontario exploration on the front burner and with some Exploration and Drilling success could cause PWM to be one of the first out of the gate with another discovery!
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