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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 Apr 25, 2024 4:17pm
83 Views
Post# 36007958

Micro-managing assay time lines?

Micro-managing assay time lines?I am sure JM was trying to give the market what he believed was a reasonable timeline for when he expected to start receiving assays. Unfortunately, he has to rely on what the labs are telling him. In the case of cesium results PWM and the labs felt that the grades were so high that they decided to send the core to another assayer to confirm the grade which were later confirmed to be 20% or higher. Could this be the case again I sure as hell hope so? "Assays remain on track for later this month". Micromanaging the timeline for receiving assays is futile if you believe in Case Lake and what it holds. I am more focused on this Honda and Korean announcement for Ontario which I am guessing could involve Case Lake. After a little more DD I will explain why I believe this could be a part of the puzzle
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