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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 May 05, 2024 4:40pm
189 Views
Post# 36024055

Maximum Market Research unsolicited research paper!

Maximum Market Research unsolicited research paper!Despite its strategic importance, only three pegmatite operations in the world generate it on an industrial scale: Tanco in Canada, Bitika in Zimbabwe, and Sinclair in Australia. Tanco and Bitika are no longer functioning, and Tanco and Sinclair's inventories are mostly depleted and held by China. As a result, not only is there restricted output, but also a relatively small number of enterprises in the cesium distribution network. Sinomine Resource Group Co. Ltd, from China, is now the holder of the Tanco mine and Sinclair's reservoirs, but a new potential rival is just surfacing on the cesium picture: Power Metals Corp., a largely unexplored Canadian junior miner better remembered for its significant heavy rock lithium reserve in Canada. With complete ownership of the Case Lake site in Ontario, where it discovered a reservation containing some higher quality cesium ore, this business is standing on what is anticipated to become only the fourth industrial mine of its sort on the entire planet.
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