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Power Metals Corp.
Summary
| Project: | Case Lake | |
|---|---|---|
| Deposit: | West Joe Dyke | |
| Location: | Canada | |
| Commodities: | Lithium-Tantalum | |
| Date: | 11/13/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-11-2018: Power Metals Corp. announces an Exploration/Drilling Update report for its West Joe Dyke deposit at the Case Lake project. Drilling results incl. 14.30m @ 1.87% Li2O, 518.19ppm Ta from 37.50m. VANCOUVER, Nov. 13, 2018 /CNW/ - Power Metals Corp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Julie Selway (Internal) | |
| ABSTRACT: | VANCOUVER, Nov. 13, 2018 /CNW/ - Power Metals Corp. ("Power Metals Corp." or the "Company") (TSX VENTURE:PWM) (FRANKFURT:OAA1)(OTC:PWRMF) is pleased to announce that drilling on the recently discovered West Joe Dyke has intersected additional high-grade Lithium (Li) and Tantalum (Ta) mineralization (Table 1): Pollucite is rare in pegmatites in Ontario, as it has only been identified in five pegmatite localities in the province: Power Metals owned Case Lake, Tot Lake and Marko's pegmatites and two other localities. Pollucite indicates extreme fractionation of the pegmatitic melt and suggests that the West Joe Dyke is more fractionated than the Main Dyke at Case Lake. The presence of pollucite in drill core is spatially associated with high grade Lithium and Tantalum mineralization and should indicate very low iron contents in the spodumene (Figure 1). The presence of pollucite increases the potential to find more spodumene pegmatite dykes with Li, Ta and Cs mineralization near the West Joe Dyke. Dr. Selway, VP of Exploration, stated "The discovery of West Joe Dyke and the subsequent high-grade Li, Ta and Cs assays in drill core has been the highlight of Power Metals 2018 summer drill program. West Joe Dyke is a three commodity pegmatite and there is potential to find more high-grade Li spodumene pegmatite dykes near it. Also, the 3.0 km area between West Joe, Main and the Northeast Dykes is a large exploration target for potentially more spodumene pegmatites." Pollucite is rare in pegmatites in Ontario, as it has only been identified in five pegmatite localities in the province: Power Metals owned Case Lake, Tot Lake and Marko's pegmatites and two other localities. Pollucite indicates extreme fractionation of the pegmatitic melt and suggests that the West Joe Dyke is more fractionated than the Main Dyke at Case Lake. The presence of pollucite in drill core is spatially associated with high grade Lithium and Tantalum mineralization and should indicate very low iron contents in the spodumene (Figure 1). The presence of pollucite increases the potential to find more spodumene pegmatite dykes with Li, Ta and Cs mineralization near the West Joe Dyke. Dr. Selway, VP of Exploration, stated "The discovery of West Joe Dyke and the subsequent high-grade Li, Ta and Cs assays in drill core has been the highlight of Power Metals 2018 summer drill program. West Joe Dyke is a three commodity pegmatite and there is potential to find more high-grade Li spodumene pegmatite dykes near it. Also, the 3.0 km area between West Joe, Main and the Northeast Dykes is a large exploration target for potentially more spodumene pegmatites." | |
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