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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 Mar 09, 2024 3:16pm
201 Views
Post# 35924653

Just a reminder!

Just a reminder! Just a reminder of Dr. Julie's words about the 2018 drill program on Case Lake and this is someone who is referred to as the Queen of Lithium by her peers. Right after this is when Lithium prices collapsed to less than $400.00 a ton.

This is a direct quote from the December 4/2018 press release. 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.”
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