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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 trader53on Apr 03, 2022 2:13am
125 Views
Post# 34570820

RE:RE:Demand for Electric Vehicles Will Keep Lithium Prices High

RE:RE:Demand for Electric Vehicles Will Keep Lithium Prices HighI am surprised that few have taken the time to review the drill results from 2016 through 2018. PWM were planning to release a maiden resource in 2019 but put it on hold because of covid and the LI pricing. With another 10,000 meter program this spring there is little doubt that by yearend we will see a maiden resource. Dr Julie who has been on 90% of the lithium projects in Ontario was quoted as saying of all the projects Case Lake has the best potential to become a mineable deposit. She was also quoted as saying that Case Lake could quickly become a world class deposit on the same level as the Sinclair mine.
Sinomine is to Lithium as Apple is to the iphone. They didnot do an offtake agreement or put a VP on PWM's Board without a great deal of due dilligence. Two visits in 2021 with two different geological teams and they chose to get involved. There is little question that the Tanco mine is looking for feed and if Case Lake can supply this feed it will be a win win very shortly. IMO of the four Juniors I own PWM is my number one choice of a stock that could become a ten bagger in 2022. GLTA
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