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

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Post by trader53on Jun 22, 2022 4:12pm

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@Brineboys I follow a project called moblan....owned by Sayona, was dying to get my hands on it as it has a resource around 14 million tonnes Li , near surface with 20-30M widths. I just didnt want to buy into a billion market cap to get exposure to the 60pct stake. The moblan deposit resource is defined over 1100M strike length. The main dyke at case lake has 600M strike length is open and is near surface with very similar grades. Moblan had total value of 150 million cdn last year based on the purchase price of sayona. I am hoping this drill program at case lake will extend the strike length at the main dyke by another 500M, it might not happen but that is my hope. I expect the project to get some serious interest from outside buyers if it does. https://www.nsenergybusiness.com/news/sayona-to-buy-moblan-lithium-project/

Dr.Julie believes that regarding size this could very well be a world class deposit that has the potential to serve much of the North American demand. Now if Dr. Julie was a promoter I would not pay too much attention to this statement but when it comes from someone who has been nic named by her peers as the queen of lithium it gets my attention. When the results start to flow in I would expect that PWM will get huge attention from the Investment Community!

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