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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 Dec 23, 2023 1:59pm
213 Views
Post# 35799236

Holiday Time..

Holiday Time..Merry Christmas to all, hope you share wonderful time with your families as nothing in life is more important than family. As usual I would like to share my focal point going into the New Year. Yes, I want to see the drills turning but more importantly my focal point will be on the metallurgy. If PWM have favorable metallurgy results which would suggest that the lithium, cesium and tantalum can be separated with a 70% + recovery rate it would not only cement Case Lake as one of the lowest cost operations in North America but would also enable a capital cost of building a mine to $75,000,000 +-. Just as the Lithium Royalty purchase de-risked this play positive metallurgy would just add to another level of de-risking. GLTA.
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