Power Americas Minerals is pleased to announce it has signed an agreement to purchase the historic Thomas Edison mine located in the heart of the Kittson-Cobalt project. The mine lies on the same fracture system that hosts the historic Shakt-Davis mine located ~1 km to the east. The Thomas Edison property, consists of one 16 hectare patented claim with both surface and mineral rights. Power America's 100% owned Kittson [...]
Power Americas Minerals is pleased to announce the first results of their winter diamond drilling program on their Kittson-Cobalt Project, located in the prolific Cobalt Silver Camp in Northeast Ontario. A total of 17 drill holes, totaling 1,750 m, of BTW-size core were drilled, 15 targeting the Shakt-Davis mine area and 2 holes targeting the eastern extension of the Edison mine. The program successfully intersected the [...]
Power Americas Minerals is pleased to announce that it has completed the previously announced brokered private placement of flow-through common shares and non-flow-through units. The brokered private placement consisted of 6,666,666 Flow-Through Shares at a price of $0.15 per Flow-Through Share and 11,216,666 Units at a price of $0.15 per Unit, for total gross proceeds of $2,682,500 . Each Unit consists of one common [...]
Power Americas Minerals announces that it has re-priced its previously announced brokered private placement of flow-through common shares and non-flow-through units. The private placement is being re-priced in order to more accurately reflect the current market price of the Company's common shares. The brokered private placement will now consist of up to 3,333,333 Flow-Through Shares at a price of $0.15 per Flow-Through [...]
Power Americas Minerals Corp. is pleased to announce that it has engaged Canaccord Genuity Corp. and Gravitas Securities Inc. to act as co-lead Agents on a commercially reasonable efforts basis in connection with a brokered private placement of up to 2,500,000 flow-through common shares at a price of $.20 per Flow-Through Share and 10,000,000 non-flow-through units at a price of $0.20 per Unit, for gross proceeds of [...]
Power Americas Minerals is pleased to announce it has closed its previously announced acquisition of an additional 100% interest in 10 unpatented mining claims totaling 140 units having a combined area of approximately 2,240 hectares. Power America's 100% owned Kittson Project now consists of 15 unpatented mining claims totaling 208 units having a combined area of approximately 3330 hectares. Eight of the new claims are [...]
Power Americas Minerals is pleased to announce it has commenced drilling on their 100% owned Kittson-Cobalt Project located in the prolific Cobalt Silver Camp in Northeast Ontario. A total of 18 holes for 2,000 metres are planned for following up on the results of the fall 2017 ultralight drill program. Key Highlights: 2,000 m helicopter supported diamond drill program now underway 16 holes planned at the historic [...]
Power Americas Minerals is pleased to announce the results of their ultralight diamond drilling program on their Kittson-Cobalt Project, located in the prolific Cobalt Silver Camp in Northeast Ontario. A total of seven shallow drill holes, totaling 161m, of BTW-size core were drilled beneath overburden-filled historic workings in the Shakt-Davis mine area. The program successfully intersected the fracture zone that hosts [...]
Power Americas Minerals is pleased to announce the results of sampling and mapping which formed part of the Company's due diligence on newly acquired claims to the southwest of the core Kittson-Cobalt Project, located in the prolific Cobalt Silver Camp in Northeast Ontario, Canada. The due diligence work consisted of reconnaissance geological mapping and prospecting with a total of 106 samples collected from historic [...]
Power Americas Minerals Corp. is pleased to announce it has completed the 2017 exploration program on the Kittson Cobalt Project Located in the prolific Cobalt Silver Camp in Northeast Ontario, Canada. The 2017 exploration program consisted of reconnaissance prospecting, geological mapping, and shallow diamond drilling using an ultralight man-portable drill rig. The primary focus of the 2017 exploration program was to [...]
Power Americas Minerals is pleased to announce the acquisition of an additional 100% interest in 10 unpatented mining claims totaling 140 units having a combined area of approximately 2,240 hectares. Eight of the new claims are contiguous to Power America's Kittson property located approximately 8 km northwest of the town of Latchford and 120 km by road north of North Bay in the Coleman, Kittson and Brigstocke Townships [...]
Power Americas Minerals is pleased to report it has closed its non-brokered private placement previously announced on October 30, 2017, for gross proceeds of $750,000. The non-brokered private placement consisted of 15,000,000 Units at $0.05 per Unit. Each Unit consists of one common share and one share purchase warrant, exercisable to acquire an additional common share at $0.10 per share for a two-year period from the [...]