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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 Sep 21, 2024 7:21pm
160 Views
Post# 36234996

Someone asked?

Someone asked? Someone asked me who would be a suitable strategic partner for Case Lake? Albermarle offers thirty-five different Cesium products and were once one of the leading manufacturers of cesium products in the world. With China's dominance in the supply of Cesium Albermarle's market share has shrunk even though it's a highly profitable division. I am sure there are others, but it would make sense that a multibillion-dollar company like Albermarle with the infrastructure already in place to convert cesium would have to be interested in a multiyear stable supply of Cesium. I also noted in Haydn's interview with Rock Stocks that he spoke about Albermarle. We know there are multiple Companies expressing interest and one other industry that would make sense is a Major Energy Company who uses Cesium Formate for their drilling. Interest from multiple sources usually leads to a deal. Patiently waiting!
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