PowerOre Inc. is pleased to release its 2019 Annual Shareholder Letter from the CEO sent to all shareholders as a part of the Company's annual meeting materials. Dear Shareholders, We have a clear path forward for Power Ore which is to define an economic orebody on our flagship asset, the Opemiska Copper Mine Complex. We believe we can achieve [...]
PowerOre Inc. is pleased to announce that is has engaged Chibougamau Diamond Drilling Ltd. to complete the 3,500 metre drill campaign on the Opemiska Copper Mine Complex. The drill program is expected to begin within weeks. The drill program will focus on targeting Springer's near surface, high-grade and disseminated mineralization, as well as [...]
PowerOre Inc. is pleased to announce that it has produced a new investor webinar detailing Opemiska's Recently completed geological model; Plans and sections depicting the in situ mineralization; and Detail on its upcoming, fully financed drill program. The webinar is available, at any time, via the link below: Power Ore's Opemiska Investor Webinar [...]
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 [...]