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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 16, 2024 11:23am
192 Views
Post# 36043482

Posted by Ernie Worthing on CEO.CA

Posted by Ernie Worthing on CEO.CAFrom our geologist friend on Seeking Alpha:"The west joe and main dikes are probably one continuous dike joining those two areas which have dikes of similar thickness, petrology, strike and dip, and that project into each other, but no surface exposure in between. Confirming this continuity with the drilling between west Joe and main dike is big, since each of those dikes is fat and juicy, and to better quantify the total reserves, and the appropriate extraction plan. My bet is they are continuous with similar amounts of ore ( pollucite, spodumene) continuously in between. Could be slightly offset by small m-scale faults. Stepping out to the NW is also potentially big because there is no bedrock exposure immediately to the NW and because the fractionation trend resulting in increasing amounts of enrichment of Cesium ore increases in the dikes from SE to NW. The dikes to the SE are more enriched in Spodumene (Li ore), which is less fractionated/enriched than Pollucite (Cs ore). Another set of dikes to the NW could therefore be even more enriched in Cesium ore, if the enrichment trend continues into the zone of no surface exposure. This is what was predicted by geologists in the area back in the early 2000s. It’s just never been investigated. Such a find isn’t necessary for the value and profitability of Case Lake, but it’s definitely possible and it could increase the already very very high value of the site."
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