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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 27, 2022 10:12am
183 Views
Post# 34635335

Sinomine and PWM know what they have

Sinomine and PWM know what they haveAnother piece of the puzzle put in place this AM. With the production facility already in place and a high grade trifecta of rare earths this would be rediculously profitable for PWM and Sinomine. With a rail line from Case Lake to the Tanco mine already in place this could be as simple as digging up the rocks putting them on a train and using Tanco facilities to mine the ore. If the cesium resource is large enough PWM and Sinomine will be the only mine in the world currently mining cesium. Almost three times the price of gold its not difficult to understand just how profitable a near surface resource of cesium would be. GLTA
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