VANCOUVER, Jan. 10, 2018 /CNW/ - Power Metals Corp. is pleased to announce that the 2000 m drill program on the Northeast Dyke at Case Lake east of Cochrane, Ontario has commenced. Drill hole PWM-18-51, the first drill hole on the Northeast dyke and on the entire claim, is in progress and is collared 5 m north of the spodumene pegmatite outcrop. This shallow hole will drill underneath the location of the surface assay of [...]
VANCOUVER, Jan. 5, 2018 /CNW/ - Power Metals Corp. is pleased to announce that drill holes intersected, for assays received to date, more impressively wide high-grade lithium and tantalum mineralized intervals for the Main Dyke at Case Lake, east of Cochrane, Ontario. PWM-17-33: 2.19 % Li2O and 195.27 ppm Ta over 6.0 m PWM-17-33: 2.11 % Li2O and 259.31 ppm Ta over 11.0 m PWM-17-34: 1.81 % Li2O and 136.10 ppm Ta over 17.0 [...]
Power Metals Corp. is pleased to announce that it has entered into a letter of engagement with Eight Capital, under which Eight Capital has agreed to purchase 6,000,000 units of the Company , on a "bought deal" private placement basis, subject to all required regulatory approvals, at a price per Unit of $0.50 , for total gross proceeds of $3,000,000 . Each Unit shall consist of one common share of the Company and one [...]
VANCOUVER, Dec. 4, 2017 /CNW/ - Power Metals Corp. is pleased to announce assay results to confirm the presence of high-grade spodumene in the Northeast dyke at Case Lake, Cochrane, Ontario. The assay results range from 6.04% to 7.14% Li2O for spodumene rock samples on surface. The assays given in Table 1 represent almost pure spodumene and drilling is required to determine the lithium grade of the Northeast pegmatite [...]
VANCOUVER, British Columbia, Nov. 27, 2017 -- Power Metals Corp. is pleased to announce the completion of a successful drill program for a total of 5400.08 metres comprising of 50 drill holes at its’ Case Lake Property, east of Cochrane, Ontario . The Company increased the overall meterage of the drill program by 400 m to target newly discovered spodumene dykes. Assays are pending. Power Metals’ exploration [...]
VANCOUVER, British Columbia, Nov. 27, 2017 -- Power Metals Corp. is pleased to announce the completion of a successful drill program for a total of 5400.08 metres comprising of 50 drill holes at its’ Case Lake Property, east of Cochrane, Ontario . The Company increased the overall meterage of the drill program by 400 m to target newly discovered spodumene dykes. Assays are pending. Power Metals’ exploration [...]
VANCOUVER, British Columbia, Nov. 27, 2017 -- Power Metals Corp. is pleased to announce the completion of a successful drill program for a total of 5400.08 metres comprising of 50 drill holes at its’ Case Lake Property, east of Cochrane, Ontario . The Company increased the overall meterage of the drill program by 400 m to target newly discovered spodumene dykes. Assays are pending. PWM-17-44, Boxes 12 to 17, photo [...]
Power Metals Corp. is pleased to announce the nearing completion of our successful 5000 metre drill program. We are currently drilling hole #44 and have 5 more shallow holes planned for a total of 49 holes . The Company's recently drilled hole #40 intersected 37.7 m of continuous pegmatite of which the spodumene zone is from 20.0 to 35.83 m with up to 30% spodumene in the quartz core . Assays will be released as soon as [...]
Power Metals Corp. is pleased to announce that it has discovered large spodumene megacrysts on the Northeast Dyke located 900 m northeast along strike of the current drill program on the North and Main Dykes and is within the same tonalite dome as the North and Main Dykes. This discovery of these large and abundant coarse grained spodumene crystals gives us evidence of the presence of high grade lithium. Since the [...]
Power Metals Corp. is pleased to announce that we have expanded the size of the Case Lake Property, east of Cochrane, Ontario through an option agreement based on our revised exploration model. The Company has strategically acquired three claims in the west contiguous with the Case Lake Property for a total of 45 claim units and 720 ha and two claims to the north of the Case Lake Property for 24 claim units and 384 ha [...]
Editors Note: There are 2 photos associated with this press release. Power Metals Corp. is pleased to announce that drill holes intersected, for assays received to date, three impressively wide high-grade lithium and tantalum mineralized intervals for the Main Dyke at Case Lake, east of Cochrane, Ontario. PWM-17-08: 1.94 % Li2O and 323.75 ppm Ta over 26.0 m PWM-17-09: 1.23 % Li2O and 148.0 ppm Ta over 16.0 m PWM-17-10 [...]
Editors Note: There are 2 photos associated with this press release. Power Metals Corp. is pleased to announce that drill holes intersected, for assays received to date, three impressively wide high-grade lithium and tantalum mineralized intervals for the Main Dyke at Case Lake, east of Cochrane, Ontario. PWM-17-08: 1.94 % Li2O and 323.75 ppm Ta over 26.0 m PWM-17-09: 1.23 % Li2O and 148.0 ppm Ta over 16.0 m PWM-17-10 [...]