PowerOre Inc. is pleased to announce that it has completed the digitization and resulting geological model based on all available drilling completed on the Opemiska Copper Complex. The data confirms the distribution of disseminated material around the veins as well as widespread disseminated mineralization near the contact with underlying [...]
PowerOre Inc. is pleased to announce that it has received its drill permit for the Opemiska Copper Complex Project . The Company expects drilling to begin in May. "Our initial drill program on the Opemiska will serve two purposes. The first is to validate the massive amount of existing drill hole data that was completed by Falconbridge. This data [...]
PowerOre Inc. is pleased to announce that it has closed the previously announced non-brokered private placement financing in the increased aggregate amount of $1,006,032 . This press release replaces and supersedes the Company's March 26th, 2019 press release. Upon closing of the Offering, the Company issued: 4,733,600 flow-through units , at a [...]
PowerOre Inc. is pleased to announce that it has closed the non-brokered private placement previously announced on February 28, 2019 for aggregate proceeds of $986,036 . Upon closing of the Offering, the Company issued: 4,650,300 flow-through units , at a price of $0.12 per Flow-Through Unit for gross proceeds of $558,036, where each Flow-Through [...]
PowerOre Inc. is pleased to announce that it has posted the results of both studies performed by Roscoe Postle Associates on the Springer and Perry mines dated 2013 and 2014, respectively. These studies had been in the private domain and culminated in two reports that contain exploration targets for each mine as follows: At Springer, a near surface [...]
PowerOre Inc. is pleased to announce that its ongoing compilation of historical drill results and 3D modelling of the Springer and Perry mine geology is highlighting a large number of wide disseminated mineralized drill intersections on the Springer mine. Figure 1 shows the locations of the significant composite intervals and grade obtained in the [...]
Power Ore Inc. is pleased to announce the commencement of an up to $1,000,000 non-brokered financing. The net proceeds of this financing will be used towards the first phase of the Company's drill campaign and for development of the Opemiska Copper Complex project as well as for general working capital. The terms of the financing are as follows [...]
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Power Ore Inc. is pleased to announce that it has filed a National Instrument 43-101 Technical Report on the Opemiska Copper Mine Complex in Chapais, Quebec. This independent report is dated February 1, 2019 and was written by Claude P. Larouche, M.Sc. Geol., P. Eng. of Ovalbay Geologic Services Inc. The report titled, "Technical Review and [...]
Power Ore Inc. is pleased to announce that it has posted an investor webinar on the Opemiska Copper Mine Complex in Quebec. The focus of the webinar will be on information released over the last few weeks, specifically: High Grade & Long Intersections of Near Surface Copper and Gold Mineralization Near Surface Disseminated Copper and Gold Zones [...]
PowerOre Inc. is pleased to provide additional information on the disseminated mineralization surrounding the veins at Opemiska Copper Complex . As our data model is firming up it indicates that the grade and width limitations adopted during the underground mining phase is opening up considerable tonnage potential for surface exploitation. In [...]
PowerOre Inc. is pleased to announce that its ongoing review and audit of the historical diamond drilling at the Opemiska Copper Complex shows the average length of core that was assayed by Falconbridge was often less than 30% of the intersection with as little as a single sample interval assayed in some cases. Power Ore believes that the result [...]
