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Power Metals Corp.
Summary
| Project: | Castle Lake | |
|---|---|---|
| Deposit: | Castle Lake | |
| Location: | Canada | |
| Commodities: | Lithium-Tantalum-Caesium | |
| Date: | 7/18/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-7-2017: Power Metals Corp. announces an Exploration/Drilling Update report for its Castle Lake deposit at the Castle Lake project. Summarising of current and historic gological data on the Castle Lake Property. J-J Minerals of Sudbury, Ontario, Canada | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Julie Selway (J-J Minerals) | |
| ABSTRACT: | J-J Minerals of Sudbury, Ontario, Canada was contracted by Power Metals Corp. ("Power Metals") of Vancouver, British Columbia, Canada to write a NI 43-101 Technical Report summarizing the current and historic geological data on the Case Lake Property, Cochrane, northeastern Ontario and recommend a future exploration program. The purpose of this Report is to compile and disclose the exploration data on the Property, so that Power Metals can make informed decisions on future exploration work. Case Lake Property is located in Steele and Case townships, near Cochrane, NE Ontario close to the Ontario-Quebec border. It is located within Larder Lake Mining Division and NTS sheet: 32E04SW. It is located 80 km east of Cochrane, 100 km north of Kirkland Lake and 120 km NE of Timmins. The Property consists of a total of 32 mining claims for a total of 5968 ha and is 9.5 km x 9 km. Power Metals has option agreements for 10 mining claims (1168 ha) and has 100% ownership of the remaining 22 mining claims (4800 ha). The Case Lake pegmatite swarm occurs along a subprovincial boundary between the metasedimentary Opatica Subprovince to the north and greenstone Abitibi Subprovince to the south. The Opatica Subprovince consists of the granitic Case Batholith, and the Abitibi Subprovince consists of the Scapa metasedimentary rocks (metagraywacke and garnet schist) and the Steele volcanic rocks (amphibolite) in the Case Lake area. The Case Batholith is an extensive 50 by 85 km ovoid granitic complex. The Case Batholith is a weakly foliated biotite granodiorite to quartz monzonite which is characterized by biotiterich orbicules that range in diameter from 1 to 7 cm. | |
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