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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 3:28pm
281 Views
Post# 35478631

Dr Julie's last statement at the end of 2018

Dr Julie's last statement at the end of 2018 Here was Dr. Julie's last statement on Case Lake at the end of 2018.Dr. Julie Selway, VP of Exploration, stated “Having been on 90% of all lithium bearing pegmatites in the province of Ontario, I can safely say that Case Lake pegmatites have the best economic potential in a publicly traded company that I have seen in all my years. I am grateful to Power Metals’ exploration team and all of their discoveries of new lithium mineralization, especially West Joe Dyke. I am looking forward to our maiden resource estimate at Case Lake and another successful year in 2019.” Unfortunately in 2019 the project was sidelined when Lithium Prices collapsed followed by Covid. This lead to little news and no work for three years.
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