Power Metals Corp. is pleased to announce that two drill holes have intersected high-grade Li and Ta mineralization on the Main Dyke at the Company's 100% owned Case Lake property in Cochrane, Ontario. The lithium mineralization is spodumene on the Main Dyke. Coarse-grained green spodumene and fine-grained white spodumene occur in the inner intermediate zone of the Main Dyke with quartz and feldspars. Johnathan More [...]
Power Metals Corp. is pleased to announce that drill holes have intersected high-grade Li, Cs and Ta mineralization on the West Joe Dyke and Li and Ta mineralization on the Main Dyke, Case Lake property, Cochrane, Ontario. Johnathan More, Chairman & CEO of Power Metals, commented "These fantastic drill results continue to impress our strong geological team. Drilling is ongoing and we are extremely excited for the next [...]
Power Metals Corp. is pleased to provide an update on our recently commenced drill program at the Company's 100% owned Case Lake Property. The Company has completed an initial 8 drill holes on the Case Lake lithium property and has intersected substantial spodumene mineralization in every hole. A total of 4 drill holes were completed for a total of 256 m on the West Joe Dyke. A total of 4 drill holes were completed for a [...]
Power Metals Corp. is pleased to announce that it has received approval to upgrade from the OTC Pink Market to the OTCQB Venture Market. Power Metals will commence trading on the OTCQB effective at market open today, July 6, 2022, under the symbol "PWRMF" and investors can find quotes for the Company's common shares. The Company's shares will continue to trade on the Toronto Venture Exchange under the symbol "PWM". The [...]
Power Metals Corp. is pleased to announce that drilling has commenced in the West Joe Dyke area on the Company's 100% owned Case Lake Property, 80 km east of Cochrane. Power Metals is currently fully-funded for 20,000 meters of drilling. Phase one of the program will consist of 5,000 meters and comprise of approximately 50 shallow drill holes on the Case Lake Property focusing on the lithium-cesium-tantalum West Joe Dyke [...]
Power Metals Corp. is pleased to announce that it has a signed a drill contract with Missinaibi Drilling Services Ltd, Timmins, Ontario for Power Metals' 100% owned Case Lake Property, Cochrane, northeastern Ontario. Missinaibi is 100% Aboriginal owned and operated with a highly-experienced field team and excellent safety and environmental standards. Drilling is scheduled to commence mid-June 2022. Power Metals is [...]
Power Metals Corp. is pleased to announce, in collaboration with its largest shareholder Sinomine Resource Group , that it has decided to begin the process to acquire an Advanced Exploration Permit on its 100% owned Case Lake Property from Ontario's Ministry of Northern Development, Mines, Natural Resources and Forestry. The Advanced Exploration requirements will be completed concurrently with the previously announced [...]
Power Metals Corp. is pleased to announce, in collaboration with its largest shareholder Sinomine Resource Group , that it has decided to begin the process to acquire an Advanced Exploration Permit on its 100% owned Case Lake Property from Ontario's Ministry of Northern Development, Mines, Natural Resources and Forestry. The Advanced Exploration requirements will be completed concurrently with the previously announced [...]
Power Metals Corp. is pleased to announce that it has received an exploration permit for drilling on its 100% owned Case Lake Property in northeastern Ontario from Ministry of Northern Development, Mines, Natural Resources and Forestry. The exploration permit is valid for three years. Power Metals has started planning a first phase of a 5,000 meter drill program and a geological mapping program at Case Lake for the late [...]
Power Metals is pleased to announce the appointment of Zhiwei Wang to its board of directors. Mr. Wang currently serves as the Vice President of Sinomine Rare Metals Resources Co., Limited. Mr. Wang is also the General Manager & President of the North America Division and is responsible for overseeing the operation of Tantalum Mining Corporation of Canada Limited, Sinomine US Resources, and all other integral business [...]
Power Metals Corp. is pleased to announce that further to its news release dated Jan 21, 2022, it has entered into the formal off-take agreement with Sinomine Resource Group. Accordingly, the $1,500,000 held in escrow pending completion of the off-take agreement has been released to the Company and the 7,500,000 subscription receipts held by Sinomine have been converted into 7,500,000 units of the Company, on the terms as [...]
Power Metals Corp. is pleased to announce that it has closed its previously announced $1,500,000 equity financing with Sinomine Resource Group Co., Ltd., and the concurrent non-brokered financing of an additional $1,500,000 in units for total gross proceeds to the Company of $3,000,000. Pursuant to the equity financing, Sinomine Resource Group, Ltd. has acquired 7,500,000 subscription receipts of the Company at $0.20 per [...]
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