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 .

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Power Metals Corp

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Post by trader53on Jun 18, 2024 11:17am

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Post# 36093976

Thoughts on news release

Was really hoping that the step outs would have been successful but not so. Even though this was a disappointment I did find some very encouraging results. Firstly, PWM found more high-grade Cesium, Lithium and Tantalum intercepts over decent widths to date. What was most exciting was to find 32 meters of 1.4% Lithium which was the first time at West Joe that this dyke was encountered. Why is that exciting? Dr. Julie believed the dykes found on the Main would extend all the way to West Joe and to Dome 9. Is it a coincident that this 30-meter intersection mirrors the 30-meter dyke on the main? Is this the same dyke? Read what a geologist from Seeking Alpha suggested on May 16 posted by Ernie Worthing 84. https://stocktwits.com/symbol/PWRMF If this is the same dyke and can be followed from the Main to West Joe this would mean tonnage far beyond 20,000,000 tons? Lastly a shareholder pointed out this morning the fact that there is not another project on the planet finding these grades of cesium it will take a major strategic partner to attach a value to this cesium find.This 32-meter dyke on West Joe explains why PWM is doing this mag survey looking for indications of where this dyke is travelling beneath the surface between the Main and West Joe.

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