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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

Comment by Nafets10on Aug 24, 2023 11:13am
106 Views
Post# 35603749

RE:Solid Deal

RE:Solid DealReally interesting perspective and information, thank you! One of those unknown-unknowns that I need to keep in mind- that provides some missing puzzle pieces.

I'm still not sold on the two new properties as assets however- it seems like a gamble when PWM has a sure thing in Case Lake. I can definitely see the wider strategic motions with Winsome consolidating around Adina and Power Metals sort of acting as its exploration arm in the Ontario/Quebec border region- and if that’s a harbinger of a working relationship to come, that would make me a little more comfortable. That sort of close relationship would mean great things with an eye towards the development of Case Lake- especially since Winsome has offtake rights.

For now though, I’m more than content to sit back and watch the developments coming from Case Lake! Thank you again for the information <3

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