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POWER METALS COMPLETES AIRBORNE GEOPHYSICAL SURVEYS AT CASE LAKE
POWER METALS COMPLETES AIRBORNE GEOPHYSICAL SURVEYS AT CASE LAKE Canada NewsWire ...
About this update from Power Metals Corp.
[{"type":"text","content":"\n \n \n \n POWER METALS COMPLETES AIRBORNE GEOPHYSICAL SURVEYS AT CASE LAKE\n \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 Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 8, 2023\n \n \n /CNW/ -\n \n Power Metals Corp.\n \n (\"\n \n Power Metals\n \n \" or the \"\n \n Company\n \n \") (TSXV: PWM) (FRANKFURT: OAA1) (OTCQB: PWRMF) is pleased to announce the completion of high-resolution airborne magnetic and LiDAR surveys on its 100% owned Case Lake Property (\"The Property\") in northeastern\n \n Ontario\n \n . The two surveys were completed in\n \n May 2023\n \n and will be followed by field-based prospecting and mapping programs that are expected to start later this month. The Company has drilled a total of 15,700 meters of core between 2017 and 2022 and is fully-funded for an upcoming 15,000-meter drill program. The Company has in excess of\n \n $10 million\n \n in the treasury.\n \n \n \n Johnathan More\n \n , Chairman of Power Metals commented, \"We are very excited to see extremely successful results of the recent airborne surveys completed at Case Lake. We are planning to follow-up some of the interesting structural features we have identified with a field exploration and drill program and look forward to providing continuous updates throughout the summer. Our extremely strong cash position gives us tremendous strength for the aggressive development of this property.\"\n \n \n \n \n HIGHLIGHTS OF THE AIRBORNE SURVEYS\n \n \n \n \n \n The overall magnetic map of the area indicates good magnetic contrast between different lithologies that can be used to identify cryptic lithologic contacts and structural corridors that have potential to act as traps for Lithium-Cesium-Tantalum (LCT) pegmatites (Figures 1 & 2).\n \n \n \n \n The magnetic survey shows high-resolution details of strong magnetic contrasts at or near known pegmatite deposits at Case Lake.\n \n \n \n \n The magnetic survey also shows linear structural features that enhance understanding of the geology of The Property and will contribute to identification of n...