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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 Dec 19, 2024 7:21pm
126 Views
Post# 36371321

Donot overlook the Tantalum!

Donot overlook the Tantalum!Historical Tantalum assays over 200ppm which is considered high grade. (10.91 meters) 386ppm, (20.42 meters) 226ppm, (14 meters) 518ppm, (17 meters) 481ppm, 2 meters 468ppm, (5 meters) 902ppm, (1 meter) 3783ppm, (2 meters) 841ppm, (2.7 meters) 730ppm, (1 meter) 1613ppm, (1 meter)1422ppm, (3 meters) 1156ppm, ( 7 meters) 571ppm, (1 meter) 899ppm, ( 3 meters)331ppm, (4 meters) 469ppm, (6.4 meters) 311ppm, (8.65meters) 378ppm, (7.02 meters) 365ppm, (5.71 meters) 287ppm,(8.45 meters) 681ppm, (6.2 meters) 339ppm, (8.25 meters) 334ppm, (8.15 meters) 340ppm, (7 meters) 326ppm, (10 meters) 485ppm, (4meters) 252ppm, (10.85 meters) 281ppm, (2 meters) 1752ppm, (4 meters) 394ppm. To date PWM have three intersections over 2000ppm up to over 5000ppm. Total meters is 164.53 meters with an average grade between 400ppm and 500ppm. For context Pilbara's premier project is mining tantalum at an average grade of 103ppm. I am not a geologist, but I would think PWM's numbers alone would support mining just the tantalum. The great news is every one of these assays are supported with high grade Lithium and or Cesium. If you were to convert these results in terms of precious metals to date it would be like hitting high grade gold, silver and copper all in the same deposit. The price of tantalum in 2023 was approximately 190 U.S. dollars per kilogram of Ta2O5 content or in Canadian Dollars $252.70 a kilogram. My guess is Nigel Brand understands the significance of this trifecta of high-grade minerals and knows very well PWM have just scratched the surface of what could be a career making discovery! My take on all this is ignoring the Tantalum value is likened to finding a wad of hundreds and thousands dollar bills on the ground and only picking up the $1000 bills and leaving the hundreds for someone else. It was not until Nigel Brand joined the team and commented on the Greenbushes geology that suddenly PWM is beginning to talk about the Tantalum. One thing I am sure of is PWM will pick up the entire wad of cash!
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