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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 29, 2024 3:41pm
192 Views
Post# 36062952

Thoughts on todays news!

Thoughts on todays news! I have re-read this news release four times and each time I read it and ask that question "why" I came up with numerous observations that IMO makes this update very bullish. Just one example of this is Dr. Julie always believed the Pegmatite Dykes would run from the Dome 9 through to West Joe and there is no doubt that Amanuel and Daxter agree and are now going to do a mag survey over the entire 10-kilometer possible strike distance. I also noted they are using the word corridor which suggests they are seeing evidence enough to fly this survey at 25-meter centers. If they are right and this 10 km corridor does exist this deposit would without a doubt deserve the title world class. Know well that they will use this survey to develop drill targets for round two of drilling. I believe more than ever that 2024 will be the year that Case Lake shows us the goods.
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