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 Jan 01, 2024 3:07pm

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Post# 35806201

Lowest cost of mining in North America?

Thanks Dogfish and Risktaking this could impact Tantalum Pricing going forward as I am sure it could expand its applications to many other benefits! PWM has some very high Tantalum assays and again if the metallurgy supports an ease of separation along with recovery rates in excess of 70% it's not out of the realm that the Cesium and Tantalum kickers could cover the actual cost of mining. What would that mean to PWM? The margins would be 100% of the recovered lithium! This has always been JM's and Evan's belief that Case Lake could be the lowest cost mine in North America. I suspect things to really heat up in January!

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@ the Bell: TSX advances to start off Christmas trading week