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 .

TSXV:PWM - Post by User

Power Metals Corp > Patience will be the key!

<< Previous

Bullboard Posts

Next >>

Comment by frewil11on Apr 03, 2024 11:51am

145 Views

Post# 35967850

RE:RE:RE:Patience will be the key!

With the offtake agreement , Power Metals gets 95% of the sales and Winsome receives 5% , this is what people are getting confused with and their is also a clause that Power Metals got put in where if an offer comes from another company to buy Case Lake they can pay 8 million and take the full offtake back.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario