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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 Nov 25, 2024 6:36pm
153 Views
Post# 36330098

The balance of 2024!

The balance of 2024!Haydn made the comment in his last Rock Stocks interview, and I quote him: "We anticipate within the coming month or two we will have some solid news from the Cesium Commitee on the next step that will move us into a strategic partnership and offtake agreement." "We are aiming to get a number of avenues completed by the end of this year, so it sets us up for 2025 where we are moving along with exploration but also completing all the additional work to fast track the project into production."

IMO the ideal strategic partner would be a producer who will have the expertise to put Case Lake into production while PWM pushes ahead with exploration. As far as the potential of Case Lake is concerned it won't take much to have the market guessing how big this is. For example, if the two targets scheduled to be drilled in January unearth yet another Cesium Deposit that would fully support Dr. Julie's geological model that Case Lake will deliver multiple deposits across it 90 square kilometer claims. While the junior market based on history, will be very quiet over the next three to four months, I fully expect that PWM will be anything but quiet.
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