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Power Metals Announces the Discovery of Lithium Mineralization on New Dome at Case Lake

Power Metals Announces the Discovery of Lithium Mineralization on New Dome at Case Lake ...

articlePower Metals Corp.June 14, 20185/company/power-metals-corp/news/power-metals-announces-the-discovery-of-lithium-mineralization-on-new-dome-at-case-lake
Power Metals Announces the Discovery of Lithium Mineralization on New Dome at Case Lake

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[{"type":"text","content":"\n\n\n\nPower Metals Announces the Discovery of Lithium Mineralization on New Dome at Case Lake\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, June 14, 2018\n\n\n\nVANCOUVER, June 14, 2018 /CNW/ - Power Metals Corp. (\"Power Metals Corp.\" or the \"Company\") (TSX VENTURE:PWM)(FRANKFURT:OAA1)(OTC:PWRMF) is pleased to announce that the geological mapping program at Case Lake, 80 km east of Cochrane, Ontario has discovered lithium mineralization on an entire new dome (Dome 9). This is the first time that spodumene has been identified outside of the Henry Dome (Dome 8) where all work to date has been done. This significant discovery validates Power Metals' exploration model that lithium pegmatites are hosted by tonalite domes on the Case Lake Property. \n\nDome 9 occurs 2.7 km northeast of the Main Dyke and 1.6 km northeast of the Northeast Dyke which were subject to 5,400 m of drilling in 2017 and 3,020 m of drilling in 2018, respectively (Figure 1). Drilling on the Main Dyke identified that the spodumene pegmatites dykes were hosted by the Henry Dome. The Henry Dome includes the spodumene pegmatites: North, Main, South, East and Northeast Dykes. The presence of spodumene on Dome 9 also indicates that the other 7 domes on the Case Lake Property also have the potential to host spodumene pegmatites. This is the first exploration work on Dome 9 since the Ontario Geological Survey mapped it in 1962. \n\nFigure 1: Case Lake exploration target dome map with spodumene discovery on Dome 9. Dome 8 is also known as the \"Henry Dome\"\n\nDr. Selway, VP of Exploration, stated \"The discovery of substantial lithium mineralization on this new dome (Dome 9) is huge for Power Metals. This occurrence proves our theory that spodumene pegmatites are hosted by these dome-like structures. This was the first dome that our mapping team has explored outside of the Henry Dome where all previous work has been done. We have 7 more domes on our 7,136 ha property at Case Lake which we now believe will yield similar results. Additionally, we are excited and read...

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