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Power Metals Corp PWRMF


Primary Symbol: V.PWM

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 Apr 25, 2024 8:20pm
104 Views
Post# 36008435

Evans stated he had strategic partner discussions.

Evans stated he had strategic partner discussions. When Evans was asked about the possibility of strategic partners, he did say he had initial discussions with Japan and a Korean Company and had a trip planned over the next ten days to advance those discussions on their turf. When I first read about Honda, I could see their plans were to close the loop in Ontario from the sourcing of lithium to the cathode staging to battery production and finally the manufacturing of Honda EV's. It was not until I looked into Posco Future M who is going to JV the Cathode plant with Honda that I realized they are a Korean Company. Is this a coincidence? I think not sir or should I say my fingers are crossed it is not! If I am right my guess is any agreement would be tightly under wraps until the Canadian Government and Honda announced their plans. This could be huge for PWM if indeed these parties enter into an agreement. I must admit though it is a huge IF!
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