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Power Metals Corp.
Summary
| Project: | Case Lake | |
|---|---|---|
| Deposit: | Main Dyke | |
| Location: | Canada | |
| Commodities: | Lithium-Tantalum | |
| Date: | 9/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-9-2018: Power Metals Corp. announces an Exploration/Drilling Update report for its Main Dyke deposit at the Case Lake project. Drilling results incl. 6.94m @ 1.40% Li2O, 196ppm Ta from 42.06m. VANCOUVER, Sept. 18, 2018 /CNW/ - Power Metals Corp. ("Powe | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Julie Selway (Internal) | |
| ABSTRACT: | VANCOUVER, Sept. 18, 2018 /CNW/ - Power Metals Corp. ("Power Metals Corp." or the "Company") (TSX VENTURE:PWM) (FRANKFURT:OAA1) (OTC:PWRMF) is pleased to announce that drill holes PWM-18-100 to 109 successfully extended the East Dyke along strike by 320 m westward from known outcrop. The East Dyke now has a total strike length of 1.1km. The East Dyke is one of six spodumene pegmatite dykes currently identified on the Case Lake Property, 80 km east of Cochrane, Ontario. Power Metals made a bold step out from the Main Dyke to drill the East Dyke on the west side of the Case River. Power Metals geologists believed that the East Dyke extended on the west side of the Case River even though it did not outcrop on surface. The East Dyke is only exposed on surface on the east side of the Case River. This was the first drill hole on the East Dyke, as it was not drilled historically. The East Dyke has minimal horizontal displacement where the Case River crosses it which is an interpreted fault line. The East Dyke western extension consists of aplite and wall zone (quartz-feldspar-muscovite with trace garnet and lepidolite) hosted by metasedimentary rocks. Dr. Selway, VP of Exploration stated, "Power Metals geologists have been rewarded by having the nerve to drill where no one had drilled before and where there was no exposed outcrop. Our theory that the East Dyke extended on the west of Case River was proven correct. I am excited about the extension of the East Dyke by 320 m to the west. The East Dyke now has a total strike length of 1.1 km and is open along strike and down dip. It is an excellent exploration target for lithium mineralization." | |
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