Power Metals Corp. is pleased to announce that assays have confirmed the presence of high grade Lithium and Tantalum mineralization on Gullwing-Tot Lakes Property located 30 km northeast of Dryden, Ontario. Gullwing Lake pegmatite and Tot Lake pegmatite are located 6.3 km apart and are hosted by the same mafic metavolcanics unit. The assay [...]
Power Metals Corp. is pleased to announce that drill hole PWM-18-123 has intersected 35 m of pegmatite including high-grade spodumene zones on the West Joe Dyke, Case Lake Property, 80 km east of Cochrane, northeastern Ontario. Power Metals drilled holes PWM-18-123 and 124 parallel to the West Joe Dyke to test the down dip continuity. Drill hole [...]
VANCOUVER, Aug. 23, 2018 /CNW/ - Power Metals Corp. is pleased to announce the discovery of West Joe Dyke spodumene pegmatite on the Case Lake property, 80 km east of Cochrane, northeastern Ontario. Abundant coarse-grained spodumene was discovered in surface outcrop on West Joe Dyke and spodumene was intersected in drill core two days later in [...]
Power Metals Corp. is pleased to announce assays from the first 8 drill holes on the Company's current 15,000 m drill program at its Case Lake Property, 80 km east of Cochrane, Ontario. Drill hole PWM-18-84 intersected 1.42% Li2O and 158 ppm Ta over 19.17 m on the Main Dyke. The same hole also intersected 1.17% Li2O and 193 ppm Ta over 27.16 m [...]
VANCOUVER, July 31, 2018 /CNW/ - Power Metals Corp. is pleased to announce that the Company's 20% working interest partner, MGX Minerals Inc. , along with Orion Laboratories, LLC and Light Metals International Inc. have commenced laboratory bench-scale testing of a 10 kilogram bulk sample of spodumene-rich drill core originating from the Case Lake [...]
VANCOUVER, July 30, 2018 /CNW/ - Power Metals Corp. is pleased to announce that geological mapping at Paterson Lake, 60 km north of Kenora, northwestern Ontario successfully identified high-grade Lithium and high-grade Tantalum mineralization. The geological mapping program also identified three target areas for follow up exploration: Western [...]
VANCOUVER, July 11, 2018 /CNW/ - Power Metals Corp. is pleased to announce that their geological mapping team has confirmed the presence of abundant high-grade Lithium , Cesium and Tantalum mineralization at Tot Lake pegmatite, Webb township, 30 km northeast of Dryden, northwestern Ontario. The focus of the exploration program at Tot Lake is [...]
VANCOUVER, July 9, 2018 /CNW/ - Power Metals Corp. is pleased to announce that the first hole of the summer drill program, PWM-18-84, has successfully intersected 126.25 m of pegmatite within the Main Dyke at Case Lake, east of Cochrane. The purpose of this longitudinal drill hole was to test the continuity of the Main Dyke along strike and down [...]
VANCOUVER, June 29, 2018 /CNW/ - Power Metals Corp. is pleased to announce that it has engaged San Diego Torrey Hills Capital, Inc. , a Rancho Santa Fe, California based investor relations firm, to provide market awareness and investor relations services to the Company, subject to TSX Venture Exchange acceptance. Torrey Hills Capital is a leading [...]
VANCOUVER, June 28, 2018 /CNW/ - Power Metals Corp. is pleased to provide an update to shareholders. Yesterday, the Company closed a $2,000,000 flow-through financing at $0.58, a substantial premium to the current market price. The Company is fully-funded for all drilling and exploration activities for 2018 which comprises of a 15,000 m drill [...]
/STATES/ VANCOUVER, June 27, 2018 /CNW/ - Power Metals Corp. is pleased to announce that, further to its news release of May 30, 2018, it has completed a brokered private placement of 3,448,300 units at a price of $0.58 per Unit for gross proceeds of approximately $2,000,000 . Eight Capital acted as agent for the Offering. Each Unit is comprised [...]
VANCOUVER, June 21, 2018 /CNW/ - Power Metals Corp. is pleased to announce that drilling has commenced in the Main Dyke area, on the Henry Dome on the Case Lake Property, 80 km east of Cochrane. The first drill hole for this 2018 summer drill program will be PWM-18-84 on the Main Dyke . A total of 5,400 m of drilling and 50 holes was previously [...]