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Power Americas Intersects 1.62% Co over 0.30 Metres and 0.46% Co over 1.5 Metres in Diamond Drilling on the Kittson-Cobalt Project

Vancouver, British Columbia--(Newsfile Corp. - January 16, 2018) - Power Americas Minerals Co...

articleEdison Lithium Corp.January 16, 20185/company/edison-lithium-corp/news/power-americas-intersects-162percent-co-over-030-metres-and-046percent-co-over-15-metres-in-diamond-drilling-on-the-kittson-cobalt-project
Power Americas Intersects 1.62% Co over 0.30 Metres and 0.46% Co over 1.5 Metres in Diamond Drilling on the Kittson-Cobalt Project

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[{"type":"text","content":"Power Americas Intersects 1.62% Co over 0.30 Metres and 0.46% Co over 1.5 Metres in Diamond Drilling on the Kittson-Cobalt ProjectVancouver, British Columbia--(Newsfile Corp. - January 16, 2018) - Power Americas Minerals Corporation (TSXV: PAM) (FSE: VV0) (\"Power Americas\" or the \"Company\")  is pleased to announce the results of their ultralight diamond drilling program on their Kittson-Cobalt Project, located in the prolific Cobalt Silver Camp in Northeast Ontario, Canada. A total of seven shallow drill holes, totaling 161m, of BTW-size core were drilled beneath overburden-filled historic workings in the Shakt-Davis mine area. The program successfully intersected the fracture zone that hosts the Shakt-Davis mineralization over a strike length of 55 metres and to a maximum depth of 30 metres. The fracture zone ranged from 5 to 13 metres wide (drilled core length) and hosted several 0.1 - 1.0 metre quartz-carbonate veins surrounded by intense carbonate alteration. Fracture- and vein-controlled cobalt mineralization in the form of smaltite and erythrite (\"cobalt bloom\") occurred throughout this zone with values as high as 1.62% Co over 0.3 metres. A full list of significant intersections is provided in Table 1. below. Drill Location maps and cross sections can be found on the Company's website by following: \"Click here to view maps and cross sections.\"Table 1. Diamond Drilling Highlights.Hole NumberFrom (m)To (m)Width* (m)Co wt.%Aug/tAg g/tCu wt.%Ni wt.%KIT-17-0018.779.070.301.620.0291.400.010.18KIT-17-00212.1514.782.630.140.0050.010.020.01KIT-17-0037.368.71.340.250.0070.340.030.03KIT-17-004Hole abandoned before target depth  KIT-17-005No Significant Results  KIT-17-0061112.21.500.460.0120.200.040.05And18.3219.351.030.120.1090.010.000.02KIT-17-00715.7216.60.880.370.0090.600.020.06 *All reported widths are drilled core lengths.Commenting on the latest results, Jeffrey Cocks, President and CEO said: \"We're highly encouraged by this initial drill program. These results represent the first drilling since the 1940's at the Shakt-Davis mine and confirms the cobalt-rich nature of this extensive fracture zone. The fracture zone which hosts the Shakt-Davis mine is related to those which also host the Kittson and Edison mines to the north and east, respectively, cumulatively representing over 3km of strike lengt...

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