Press Releases

Power Metals Corp provides an update on activities underway at the Company’s Case Lake Project

Power Metals Corp (TSX-V: PWM) is entering a pivotal new phase as the Case Lake Cesium Project advances toward production.

In today’s economic climate, the strategic value of a flagship mining asset located in the heart of North America’s high-grade critical minerals corridor has never been more important.

Power Metals Corp is pleased to announce Albemarle Corporation (“Albemarle”) has agreed to a CAD$5 Million pre-payment arrangement for cesium oxide concentrate from the Company’s Case Lake Project (“the Project”) in Ontario, Canada.

Power Metals Corp is pleased to announce the approval from the TSX Venture Exchange on the acquisition of Decelles and Mazerac properties in Quebec, Canada (see PWM press release dated August 24, 2023) to the Company from WR1.

Power Metals Corp is pleased to announce a Company update for the Case Lake Cesium Project (“Case Lake”).

Power Metals Corp is pleased to announce the production of technical grade cesium chemicals for the Case Lake Cesium Project (“Case Lake”) with the confirmation of cesium chloride and cesium formate.

Power Metals Corp is pleased to announce an update on Metallurgical test work for the Case Lake Cesium Project (“Case Lake”) with the confirmation of high-grade spodumene and tantalite concentrates.

Power Metals Corp is pleased to announce an updated structural and geochemical model, featuring the new Cesium Triangle Zone (“CTZ”) and outlines exploration plans for the Case Lake Cesium Project (“Case Lake”) in northeastern Ontario.

Power Metals Corp is pleased to announce the maiden National Instrument 43-101 (“NI 43-101”) compliant Mineral Resource Estimate (“MRE”) for the Case Lake Cesium Project (“Case Lake”), located in northeastern Ontario.

Power Metals Corp is pleased to announce the successful completion of our Phase II ore sorting test work, resulting in the production of a bulk high-grade cesium oxide product up to 18.57% from its 100%-owned Case Lake Project (CLP) in northeastern Ontario.

Power Metals Corp is pleased to announce that the Company’s CEO, Mr. Haydn Daxter, has been appointed to the Board of Directors of the Company.

Power Metals Corp is pleased to announce high-grade results from final assays from the Phase III drill program at the 100%-owned Case Lake Project (CLP) in northeastern Ontario.

Power Metals Corp has appointed DRA Global (“DRA”) as study manager to conduct the Company’s maiden Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) of its 100%-owned Case Lake Project (CLP) in northeastern Ontario.

Power Metals Corp is pleased to announce that the Ontario Ministry of Mines has issued the exploration permit for its 100%-owned Case Lake Project (CLP) in northeastern Ontario.

Power Metals Corp is pleased to announce high-grade results from the 2024 Phase III drill program at the 100%-owned Case Lake Project (CLP) in northeastern Ontario.

Power Metals Corp is pleased to announce the appointment of Canaccord Genuity Corp. (“Canaccord Genuity”) as financial advisor to the Company. Due to a high-level of third-party interest in our 100% owned Case Lake Project (CLP) in northeastern Ontario, Canaccord Genuity will advise the Company’s strategic review committee through this important and exciting stage of the company.

Power Metals Corp announces that it has filed a draft valuation report with the TSX Venture Exchange (“Exchange”) relating to its agreement with Winsome Resources Limited (ASX: WR1) to acquire (the “Acquisition”) a 100% interest in the Decelles and Mazerac projects located in Quebec from Winsome, in consideration for the issuance of 17,650,000 common shares to Winsome, and the granting of a 2% net smelter royalty on each project to the original vendor of the projects (all as originally announced on December 16, 2023).