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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

Comment by trader53on Dec 11, 2024 4:09am
128 Views
Post# 36355998

RE:$10.8 million from a truckload of ore and preempting Tanco

RE:$10.8 million from a truckload of ore and preempting TancoThankyou for your math BraddockTrail2. I do think your estimate for mining costs is much too high sir as unlike your typical precious metals mine this deposit will be dug up with a large bulldozer perhaps some explosives to break the rock then  placed into a crusher then through a seperator on site. There will be no need for acid or any other fluids outside of a water truck to keep the dust down. This truly makes Case Lake cesium a very unique deposit and very cheap to mine. IMO I would be shocked to see AISC even near $800 a ton. Either way I think we can agree Case Lake will be a cash cow. Oh and don't forget about the high grade Lithium and Tantalum that can then be captured from the waste rock with the seperator. I am very anxious to see the numbers on this project as well as the exploration of the additional 16 targets that are mirroring the mag images of the West Joe deposit. Thanks again for taking the time to crunch the numbers. If you go to stock rocks  on utube they have three very informative interviews with the CEO Haydn.
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