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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 Jun 03, 2023 11:30am
208 Views
Post# 35478432

Thoughts from 2018 by eight capitals

Thoughts from 2018 by eight capitalsHere is eight capitals opinion of Case Lake from 2018: Early programs are highly successful. As exploration progresses on the Case Lake, Power Metals is coming up with more and more targets, and many of them appear just as prospective or better than the last. Management will have to stay disciplined in order to fast-track an initial lithium resource estimate as soon as possible, while making the assumption that they might not have found the best mineralization as of yet. Case in point - discovery of the high grade LiCs-Ta West Joe Dyke has already potentially deferred the initial resource into 2019. • Easy access in Northeastern Ontario - close to roads, rail and power • Essentially no previous Li exploration - past work focused on Ta & Nb • Li-Cs-Ta bearing pegmatite dykes hosted in tonalite intrusive within the regional Case Lake Batholith • New discoveries often appear as/more prospective than the previous • Multiple parallel spodumene dykes combining for over 4km of strike • Spodumene dykes show exceptional continuity • Spodumene dykes often have positive relief - improving recognition, sampling and mapping in the field • High grade cesium and tantalum mineralization identified. Where Cs and Ta grades increase, so do Li grades • Ta found within most dykes but grades increase westward. Cs found locally at New Dykes but much more prevalent and higher grade at West Joe Dyke
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