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 [...]
Major Highlights Strong cesium and lithium anomalies detected in soil sample assay analysis Phase II Magnetic Drone Survey commences to establish drill targets at Case Lake New Exploration Permit submitted to Mines Department for 2025 Power Metals Corp. is pleased to announce that it has identified a new prospective pegmatite zone from soil sampling conducted to the north-northwest of West Joe at its 100% owned Case Lake [...]
Major Highlights Phase II drilling at flagship Case Lake project confirms high-grade mineralization, with standout results in Cesium, Lithium and Tantalum Shallow, high-grade pollucite mineralization reveals exceptional concentrations, including 20.67% Cesium Oxide Exceptional Tantalum grades of up to 5328ppm recorded in drill hole PWM-24-217 Phase III Program successfully underway, building on strategic momentum and [...]
Major Highlights First Nation company, Black Diamond Drilling, mobilizes drill rig to Case Lake Drilling set to commence with 2,000 meters of diamond drilling Overlimit samples to be reported from Phase II drilling Power Metals Corp. is pleased to announce that it has mobilized a diamond drill rig from Black Diamond Drilling to commence its 2024 Phase III drill program at its 100% owned Case Lake Property in northeastern [...]
Major Highlights First Nation company, Black Diamond Drilling, engaged for upcoming program at Case Lake Phase II water sampling completed at Case Lake Soil sampling completed on two potential cesium targets north of West Joe Power Metals Corp. is pleased to confirm Black Diamond Drilling has been engaged to complete its 2024 Phase III drill program at the Company's 100%-owned Case Lake Project in northeastern Ontario [...]
Major Highlights High-Grade Cesium, Lithium, and Tantalum discoveries at flagship Case Lake Project Significant mineralization in drill holes discovered at shallow intercepts of 3.9 meters at reaching up to 12.72% Cesium oxide concentrations Strategic Phase III drilling program to commence in Q4 2024 Successful site visit conducted with strategic partner Winsome Resources Power Metals Corp. is pleased to report [...]
Power Metals Corp. is pleased to announce that initial test work on ore sorting has been successfully completed with Tomra and has produced a high-grade cesium oxide product in preparation for chemical production test work. Metallurgical holes utilized for the ore sorting were drilled earlier this year as part of the summer 2024 drill program at the Company's 100% owned Case Lake Project in northeastern Ontario. Phase I [...]
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