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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 oldmilwaukee24on Feb 02, 2024 2:56pm
154 Views
Post# 35860161

All is quiet on the Eastern Front

All is quiet on the Eastern Front

Really have to believe the team is ramping up and ready to get the drills turning. They will need to use the funds from the flow through this year for their exploration program. I'd assume they are going to be releasing something in the coming weeks announcing they have begun, or at least something to that effect. They are fully funded for the 15,000 metre drill program, which is something a lot of juniors can't say right now due to dreadful market conditions, especially in the lithium space.

Really hoping the lithium market can find a bottom, and reverse this nasty trend.

Hoping this is just the calm before the storm! 

GLTA
 

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