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Bullboard - Stock Discussion Forum 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... see more

TSXV:PWM - Post Discussion

Power Metals Corp > Shareholder observations
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Post by trader53 on Mar 03, 2024 7:25pm

Shareholder observations

Just spoke with a shareholder who lives an hour from Case Lake, and he said the size of the rig he saw on Case Lake definitely suggests they are drilling deep. If he is right, then I suspect that they are going to drill on known reserves at depth which would follow-up hole 18-84. 18-84 hit 123 meters of pegs that returned high grade lithium over three stacked zones for a total of 48 meters. By the time 18-84 results were released the lithium prices had collapsed so it was never followed up. This could explain why PWM are starting with 4000 meters to test depth at West Joe and the Main. If on the Main, they were to find more stacked zones this could build the resource very quickly and if on West Joe they find the source of the high-grade Cesium at depth it would also be a game changer. Waiting patiently for results!
Comment by ronfab1 on Mar 05, 2024 8:02pm
New post today March 5th on LinkedIn by Haydn Daxter: This years Prospectors & Developers Association of Canada (PDAC) conference in Toronto Canada has been huge success. With an estimated 33,000 plus people attending the worlds premier mining and exploration conference.  Swing past booth #2143 on day 4 and catch up with myself and our VP Exploration Amanuel Bein, M.Sc., P.Geo to ...more  
Comment by JimmyC on Mar 06, 2024 9:53am
That's today, I can't make it on such short notice so someone please check in and report back. TY
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