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Power Metals Corp.

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Summary

Project:

Case Lake

Deposit:Case Lake
Location:Canada
Commodities:Lithium-Tantalum
Date:1/18/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:18-1-2018: Power Metals Corp. announces an Exploration/Drilling Update report for its Case Lake deposit at the Case Lake project. Drilling results incl. 18m @ 2.07% Li2O, 213.96ppm Ta from 18m. VANCOUVER, Jan. 18, 2018 /CNW/ - Power Metals Corp. ("Power M
Resources:x
CP/QP:[Overall Report]: Julie Selway (Internal)
ABSTRACT:VANCOUVER, Jan. 18, 2018 /CNW/ - Power Metals Corp. ("Power Metals Corp." or the "Company") (TSX VENTURE:PWM)(FRANKFURT:OAA1)(OTC:AOUFF) is pleased to announce drill hole assays for lithium (Li) and tantalum (Ta) mineralized intervals for the Main Dyke at Case Lake, east of Cochrane, Ontario. Significant intervals for the Main Dyke include: • PWM-17-35: 1.17 % Li2O and 165.34 ppm Ta over 8.0 m • PWM-17-40: 2.07 % Li2O and 213.96 ppm Ta over 18.0 m • PWM-17-40: 2.81 % Li2O and 143.33 ppm Ta over 7.0 m Power Metals is also pleased to announce drill hole assays for the two new spodumene pegmatite dykes that were discovered down hole of the Main Dyke near the end of the 2017 drill program (Power Metals press release dated Nov. 27, 2017). The first new dyke was intersected in PWM-17-42 and 43 and then targeted to intersect it again in PWM-17-44 and 49. This new dyke is located 20-40 m down hole from the Main Dyke and 35-40 m vertical depth from the surface. The second new dyke was intersected in PWM17-42 and 49. It is located 50 m down hole from the Main Dyke and 50-80 m vertical depth from surface. Both new dykes are open in all directions. Drilling is required to define these new dykes. Assays for the second new dyke contain up to 343.89 ppm Ta.

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