Power Metals Corp V.PWM

Alternate Symbol(s): PWRMF

Metals & Mining Industrial Metals & Minerals

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 .

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Power Metals Corp > After much thought about this deal!

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Comment by Ricky55on Dec 22, 2021 9:31am

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Post# 34253933

RE:After much thought about this deal!

My take on this deal:
The Chinese Sinomine is grabbing this big mining spot in Canada before somebody else do ......Specialy with the stressing relation with the u s thoses days.They probably prefer investing here in canada!
there will probably be some others financing but at a much higher price if the estimate ressources are goods!To me the deal look good!

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