Major Highlights High-grade concentrate achieved from Phase II ore sorting, affirmed by Cesium concentrate of 18.57% Cesium Oxide Results confirm cost-effective production of bulk Cesium concentrate at flagship Case Lake project in Ontario, Canada The ore sorting program and analysis reveals minimal environmental impacts of any onsite production for a high-grade concentrate Corporate update on the Case Lake project as the [...]
Power Metals Corp. is pleased to announce that the Company's CEO, Mr. Haydn Daxter, has been appointed to the Board of Directors of the Company. Mr. Daxter has over 20 years of experience in exploration and mining across Australia, Africa, and Canada. He is a geologist with a vast background in remote and challenging projects within the gold, lithium, and iron ore sectors. He recently held the role of Exploration Manager [...]
Major Highlights Additional results from the Phase III exploration campaign returned additional consistent high-grade, multi-element mineralization Shallow concentrations of up to 22.70% cesium oxide and up to 6,211ppm and 5,683ppm tantalum identified across drill holes Results to assist with development of maiden Mineral Resource Estimate for Case Lake Power Metals Corp. is pleased to announce high-grade results from [...]
Major Highlights Global engineering firm DRA Global appointed to conduct maiden Mineral Resource Estimate and Preliminary Economic Assessment at the Case Lake Project Comprehensive data review and site visit conducted by DRA Global team to advance both studies for Power Metals Corp. The Company expects to release the MRE for its world-class Case Lake cesium, tantalum and lithium project during Q1 2025 and the PEA to [...]
Major Highlights Ontario Ministry of Mines approves Exploration Permit PR-24-000235 across the entire Case Lake Project The permit is a major milestone for the Company and effective immediately Enables expansion into a suite of newly identified exploration opportunities Power Metals Corp. is pleased to announce that the Ontario Ministry of Mines has issued the exploration permit for its 100%-owned Case Lake Project in [...]
Major Highlights 2024 Phase III drilling results reinforces high-grade mineralization at Case Lake, with exceptional shallow concentrations Results included 20.40% cesium oxide and up to 5,262ppm tantalum at West Joe Further assay results from eleven drill holes are anticipated in the coming weeks Power Metals Corp. is pleased to announce high-grade results from the 2024 Phase III drill program at the 100%-owned Case Lake [...]
Power Metals Corp. is pleased to announce the appointment of Canaccord Genuity Corp. as financial advisor to the Company. Due to a high-level of third-party interest in our 100% owned Case Lake Project in northeastern Ontario, Canaccord Genuity will advise the Company's strategic review committee through this important and exciting stage of the company. Canaccord Genuity will commence a strategic evaluation of both [...]
Highlights Winsome has submitted the Preliminary Information Statement for the Adina Lithium Project with the Quebec authorities. This filing officially commences a well defined provincial regulatory process in the Eeyou Istchee James Bay region associated with permitting the proposed mine at Adina, as well as the proposed modifications to the Renard Operation. Following review of the Preliminary Information Statement [...]
Major Highlights Test work to produce tantalite and spodumene concentrate begins in Australia Phase III Drilling and Phase II Magnetic Drone Survey completed at exploration targets Environmental studies completed across Case Lake Project Power Metals Corp. is pleased to announce hydrometallurgical test work has commenced on concentrate samples from its 100%-owned Case Lake Project in northeastern Ontario. Mineral [...]
Major Highlights Phase III Drilling progressing with First Nation Drilling Company Phase II Magnetic Drone Survey over 90% completed on Exploration Targets Phase II Ore Sorting commences in Germany on bulk sample Environmental Studies advancing with Blue Heron Environmental Power Metals Corp. is pleased to provide an update on exploration activities at the 100%-owned Case Lake Project in northeastern Ontario. Black [...]
Highlights Reduction of initial payment upon exercise of the option from C$15 million to C$1 million. The balance of the Renard consideration payment delayed until 2026 and 2027. Renard Option restructure preserves shareholder value by deferring material payments by 12 months and extending the payment consideration period to 30 months from exercise. Option to Acquire the Renard Project extended to 28 February 2025, at a [...]
Major Highlights High-grade concentrate produced from Phase I ore sorting, confirming Cesium concentrate of 19.97% Cesium Oxide Emerging as the highest-grade Cesium mine globally Concentrate now undergoing conversion to Cesium Formate Final Phase II drilling assays completed from our Case Lake project with continued high-grade mineralization, results in Cesium, Lithium and Tantalum Continued high-grade pollucite [...]