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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 26, 2024 12:12pm
250 Views
Post# 35953198

New presentation!

New presentation!Taking note of the recent presentation and the fact their intent is to release an MRE I believe that a production decision will be made shortly after the release. My guess is they hope to prove up 15,000,000 tons which would give them a highly profitable mine with a 10-to-12-year mine life. This mine could be an interictal part of the supply chain for either the Ford or VW's Battery plant within 7 hours driving time. My belief is they already have the metallurgy results and because of the coarse grained Spodumene I would suggest the recovery is exceptional. With a near surface deposit no major waterways and full infrastructure including power rail and roads in place the task of permitting would be simplified thus a shortened permitting time. This mine would be a cash cow with very low cost and would give both Winsome and PWM the funds to continue their exploration programs. Just one mans opinion but if I am right PWM could be a life changing investment.
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