Power Metals Corp. is pleased to report high-grade cesium and lithium results on the remainder of exploration drillhole assays from the winter 2024 drill program at its 100% owned Case Lake property in northeastern Ontario. Exploration drilling at the world-class West Joe Prospect has continued to intersect shallow high grade cesium mineralization up to 24.70% hosted in pollucite. This is the highest-grade cesium [...]
Power Metals Corp. is pleased to provide an update on exploration at its 100% owned Case Lake property in northeastern Ontario. The Company has engaged Pioneer Exploration to conduct a low level, high resolution Magnetic Drone Survey at the southern portion of the Case Lake property. The Company has also completed four metallurgical drill holes into known high-grade zones of pollucite containing cesium at West Joe [...]
Highlights Mineral Resource increased 33% to 77.9Mt at 1.15% Li2O at Winsome's flagship Adina Lithium Project in the Eeyou Istchee James Bay region of Quebec, Canada Mineral Resource corresponds to 2.21Mt Lithium Carbonate Equivalent and confirms Adina's positioning as one of the largest undeveloped lithium deposits in the world 61.4Mt at 1.14% Li2O in the higher confidence Indicated category derived from systematic [...]
Power Metals Corp. is pleased to report high-grade cesium and lithium results from the first round of exploration drillhole assays received from the winter 2024 drill program at its 100% owned Case Lake property in northeastern Ontario. Exploration drilling outside of known target areas has intersected shallow high-grade cesium mineralization up to 18.13% hosted in pollucite, and spodumene mineralization in the first five [...]
Power Metals Corp. is pleased to provide an exploration update on our planned 2024 summer field program in collaboration with Winsome Resources at our Decelles and Mazerac properties in Quebec. Along with an exploration update on drilling at the Company's Case Lake property, which is over halfway completed for the 4,000m winter program. Haydn Daxter, Power Metals CEO commented "We are extremely excited to be working in [...]
HIGHLIGHTS Exclusive Call Option signed to acquire the assets comprising the Renard Mine and associated infrastructure or all of the issued capital in Stornoway , subject to Quebec Court approval. If exercised, the consideration payable by Winsome for the acquisition is C$52 million, in cash, Winsome shares, or a combination thereof at Winsome's election, as follows: C$15 million, payable on closing of the proposed [...]
Power Metals Corp. is pleased to provide an exploration update on its ongoing winter 2024 drill program at its 100% owned Case Lake property . The 2024 program at Case Lake with Major Drilling is progressing well with the first 1,323 meters for twelve diamond drill holes completed of the planned 4,000-meter program. Drilling will continue throughout the month of April with the extended colder weather in NE Ontario to [...]
Power Metals Corp. is pleased to announce that it has staked the Pelletier Project consisting of 337 mineral claims that account for total surface area of 7000 hectares in northeast Ontario, approximately 50 km south of Hearst. The Pelletier Project is characterized by lithium - cesium - tantalum prospective peraluminous S-type pegmatitic granites intruding into metasedimentary and amphibolite between the Quetico and Wawa [...]
Power Metals Corp. is pleased to announce that it has mobilized a diamond drill rig to commence its winter 2024 exploration drill program at its 100% owned Case Lake Property in northeastern Ontario. A total of 4,000 meters of drilling is planned to delineate and extend Lithium - Cesium - Tantalum mineralization along geological strike and down-dip of known mineralization in the Property. The Company has completed several [...]
Power Metals Corp. is pleased to announce that it has engaged Major Drilling to complete an exploration drill program at its 100% owned Case Lake Property in northeastern Ontario. The objective of the program is to delineate and extend Lithium - Cesium - Tantalum mineralization at Case Lake where previous drilling campaigns completed by Power Metals have intersected high grade Lithium and Cesium mineralization at Case [...]
Power Metals Corp. is pleased to announce the appointment of Mr. Haydn Daxter as Chief Executive Officer. 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 with Ardiden Limited for over 4 years [...]
Power Metals Corp. is pleased to complete its 2023 field exploration activities and is preparing to initiate an exploration drill program at its 100% owned Case Lake Property in northeastern Ontario. Power Metals has been able to finalize key exploration activities that include completion of high resolution airborne surveys, compilation and interpretation of historic and recent exploration data, and the execution of a [...]