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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 Jul 30, 2022 1:06pm
253 Views
Post# 34862335

Cesium

CesiumApart from the obvious blue sky in terms of a lithium resource the only missing part of the puzzle is the most valuable and that is the Cesium. Because it is so rare its hard to put numbers to but I do know its double plus the price of gold and anything over 7% is considered high grade and over 10% is considered bonanza grade. Both the Bikita mine in Africa and the Sinclair mine in Australia are mined out and no longer producing Cesium. Its interesting to note that the Sinclair Mine which had a resource of only 10,750 tons of cesium bearing ore, yes you read that right, shipped the raw ore under an offtake agreement to Tanco. There total investment for the equipment and start up costs was under $4,000,000 which Tanco supplied. Here is where it gets very interesting the Sinclair ore was associated with potassium feldspar where as PWM's is associated with high grade Li and Ta. This I am sure is why Dr. Julie got so excited and refers to the value of a deposit with a trifecta of rare earth minerals. For Dr. Julie who visited over 90% of the pegmatite discoveries in Ontario over a three year period to say that Case Lake has the best potential to produce an economic resource one has to sit up and listen. Then post Cesium she starts discussing the possibilities of it becoming world class in size enough to supply the North American market. This is a lady with a very deep resume and amongst her peers has been nic named the Queen of Lithium. Please do your own DD as I admit I am ultra bullish on PWM.
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