VANCOUVER, April 5, 2018 /CNW/ - Power Metals Corp. is pleased to announce the planning of a geological mapping program at its Gullwing-Tot Lakes Property, located 30 km northeast of Dryden, Ontario, will commence following the recently announced Paterson Lake mapping program in the coming weeks . The purpose of the mapping program is to confirm the location of the known spodumene pegmatite dyke outcrops and historic [...]
VANCOUVER, April 5, 2018 /CNW/ - Power Metals Corp. is pleased to announce the planning of a geological mapping program at its Gullwing-Tot Lakes Property, located 30 km northeast of Dryden, Ontario, will commence following the recently announced Paterson Lake mapping program in the coming weeks . The purpose of the mapping program is to confirm the location of the known spodumene pegmatite dyke outcrops and historic [...]
VANCOUVER, April 3, 2018 /CNW/ - Power Metals Corp. is pleased to announce the planning of a geological mapping program at its Paterson Lake Property, located 60 km north of Kenora, Ontario, that will commence in the coming weeks. The purpose of the mapping program is to confirm the location of the known petalite pegmatite dyke outcrops and historic drill collars for a future drill program. The mapping program will also [...]
VANCOUVER, April 2, 2018 /CNW/ - Power Metals Corp. is pleased to announce that we are now working on the logistics for the 2018 drill program which will begin following the snow melt in early May. The spring drill targets are estimated to total 8,000 m and the fall drill targets may be increased up to 7,000 m for a total of 15,000 m. Some highlights of the 8,400 m drilled thus far include: PWM-17-34: 1.81 % Li2O over [...]
VANCOUVER, March 26, 2018 /CNW/ - Power Metals Corp. is pleased to announce, pursuant to a press release dated March 8th, 2018, the Company is in the process of gathering and sending a 10 kg spodumene sample of mineralized material originating from the Company's Case Lake lithium project in Ontario. The Company's 20% working interest partner MGX Minerals Inc. executed a Letter of Intent with Orion Laboratories of [...]
Power Metals is pleased to announce that 20% working interest partner MGX Minerals has executed a Letter of Intent with Orion Laboratories of Rockford, Tennessee and Light Metals International Inc. to jointly develop and commercialize a new method of extraction of lithium compounds from spodumene material or concentrate. LMI has developed a patent-pending method to rapidly manufacture lithium carbonate and/or lithium [...]
VANCOUVER, Feb. 22, 2018 /CNW/ - Power Metals Corp. is pleased to announce the completion of the January 2018 Northeast Dyke drill program at its Case Lake Property, Cochrane, Ontario. A total of 30 diamond drill holes comprising of 3,020 metres have now been completed. The drilling successfully intersected multiple course-grain pale green spodumene zones at shallow depths and over good intervals . All assays have been [...]
VANCOUVER, Jan. 24, 2018 /CNW/ - Power Metals Corp. is pleased to announce additional drill hole assays for lithium and tantalum mineralized intervals for the Main Dyke at Case Lake, east of Cochrane, Ontario. Significant intervals for the Main Dyke include: PWM-17-45: 1.67 % Li2O and 127.7 ppm Ta over 6.0 m PWM-17-45: 1.58 % Li2O and 233.68 ppm Ta over 8.0 m PWM-17-46: 1.79 % Li2O and 186.45 ppm Ta over 6.0 m PWM-17-50 [...]
VANCOUVER, Jan. 24, 2018 /CNW/ - Power Metals Corp. is pleased to announce additional drill hole assays for lithium and tantalum mineralized intervals for the Main Dyke at Case Lake, east of Cochrane, Ontario. Significant intervals for the Main Dyke include: PWM-17-45: 1.67 % Li2O and 127.7 ppm Ta over 6.0 m PWM-17-45: 1.58 % Li2O and 233.68 ppm Ta over 8.0 m PWM-17-46: 1.79 % Li2O and 186.45 ppm Ta over 6.0 m PWM-17-50 [...]
VANCOUVER, Jan. 22, 2018 /CNW/ - Power Metals Corp. is pleased to announce that ongoing drilling has successfully intersected significant high-grade lithium mineralization on the Northeast Dyke at the Company's Case Lake Property in Ontario . The drill program is in its early stages and the presence of up to 30% coarse grained spodumene in drill core has been found in several of the first few holes. The Company is busy [...]
VANCOUVER, Jan. 18, 2018 /CNW/ - Power Metals Corp. is pleased to announce drill hole assays for lithium and tantalum mineralized intervals for the Main Dyke at Case Lake, east of Cochrane, Ontario. Significant intervals for the Main Dyke include: PWM-17-35: 1.17 % Li2O and 165.34 ppm Ta over 8.0 m PWM-17-40: 2.07 % Li2O and 213.96 ppm Ta over 18.0 m PWM-17-40: 2.81 % Li2O and 143.33 ppm Ta over 7.0 m Power Metals is [...]
Power Metals Corp. is pleased to announce that it has completed a brokered bought deal private placement of 6,900,000 units at a price of $0.50 per Unit for gross proceeds of $3,450,000 . Eight Capital acted as underwriter for the Offering. The Offering included Units issued on the exercise of the Underwriters' over-allotment option in full. Each Unit is comprised of one common share of the Company and one common share [...]