Press Releases

Power Metals Corp is pleased to announce two strategic appointments, with Eric Schrimsher joining the Company’s Cesium Advisory Committee and Luke Derbyshire appointed Vice President of Investor Relations, both effective immediately.

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.

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).

Power Metals Corp. is pleased to announce hydrometallurgical test work has commenced on concentrate samples from its 100%-owned Case Lake Project (CLP) in Northeastern Ontario.

Power Metals Corp. is pleased to provide an update on exploration activities at the 100%-owned Case Lake Project (CLP) in Northeastern Ontario.

Power Metals Corp. is pleased to announce a very high-grade concentrate from Phase I of X-ray transmission (XRT) ore sorting at the 100%-owned Case Lake Project (CLP) in northeastern Ontario.

Power Metals Corp. is pleased to announce that it has identified a new prospective pegmatite zone from soil sampling conducted to the north-northwest of West Joe at its 100% owned Case Lake Property (CLP) in Northeastern Ontario.

Power Metals Corp. is pleased to announce that it has mobilized a diamond drill rig from Black Diamond Drilling to commence its 2024 Phase III drill program (the “Program”) at its 100% owned Case Lake Property (the “Property”) in Northeastern Ontario.

Power Metals Corp. is pleased to confirm Black Diamond Drilling has been engaged to complete its 2024 Phase III drill program at the Company’s 100%-owned Case Lake Project (“CLP”) in Northeastern Ontario.

Power Metals Corp. is pleased to report significant progress in its 2024 Phase II drill program at the Company’s 100%-owned Case Lake Project (CLP) in northeastern Ontario.

Power Metals Corp. is pleased to announce that initial test work on ore sorting has been successfully completed with Tomra (Sydney, Australia) and has produced a high-grade cesium oxide product in preparation for chemical production test work.

Power Metals Corp is pleased to announce high-grade cesium and lithium results from the first round of exploration drillhole assays received from the summer 2024 drill program at its 100% owned Case Lake Project (“CLP”) in Northeastern Ontario.

Power Metals Corp. is pleased to announce that it has formed a Cesium Advisory Committee and has been selected to receive grant funding of up to $200,000 under the Ontario Junior Exploration Program (“OJEP”) from the Ontario Government to support exploration of critical minerals within Ontario that includes cesium at the Company’s Case Lake Project (“CLP”).

Power Metals Corp. is pleased to provide an exploration update on its ongoing Phase II 2024 drill program (the “Program”) at its 100% owned Case Lake property (the “Property”).

Power Metals Corp. is pleased to announce that it has mobilized a diamond drill rig to commence its Phase II drill program (the “Program”) of 2024 at its 100% owned Case Lake Property (the “Property”) in Northeastern Ontario.

Power Metals Corp. is pleased to announce an update on exploration activities across its Ontario and Quebec properties.

Power Metals Corp. is pleased to provide an update on exploration at its 100% owned Case Lake property (the “Property”) in Northeastern Ontario.

Power Metals Corp. is pleased to report high-grade cesium and lithium results from the first round of exploration drillhole assays received from the winter 2024 drill program (the “Program”) at its 100% owned Case Lake property (the “Property”) in northeastern Ontario.

Power Metals Corp. is pleased to report positive assay results for the first seven exploration drillholes completed during our winter 2024 drill program (the “Program”) at its 100% owned Case Lake property (the “Property”) in Northeastern Ontario.

Power Metals Corp. ("Power Metals" or the "Company”) is pleased to provide an exploration update on our planned 2024 summer field program in collaboration with Winsome Resources at our Decelles and Mazerac properties in Quebec.

Power Metals Corp. ("Power Metals" or the "Company”) is pleased to provide an exploration update on its ongoing winter 2024 drill program (the “Program”) at its 100% owned Case Lake property (the “Property”).

Power Metals Corp. is pleased to announce that it has engaged Major Drilling to complete an exploration drill program (the “Program”) at its 100% owned Case Lake Property (the “Property”) in northeastern Ontario.

Power Metals Corp. is pleased to announce the appointment of Mr. Haydn Daxter as Chief Executive Officer.

Power Metals Corp. announces the grant of 3,000,000 incentive stock options to officers, directors, employees and consultants of the Company.

Power Metals Corp is pleased to announce the appointment of Canaccord Genuity Corp. (“Canaccord Genuity”) as financial advisor to the Company.

Power Metals Corp. is pleased to complete its 2023 field exploration activities and is preparing to initiate an exploration drill program at its 100% owned Case Lake Property (the “Property”) in Northeastern Ontario.

Power Metals Corp. is pleased to provide an update for its ongoing field exploration program at its 100% owned Case Lake Property (the “Property”) in Northeastern Ontario.

Power Metals Corp. is pleased to announce discovery of new pegmatites north of known pegmatite deposits at its 100% owned Case Lake Property (“The Property”) in Northeastern Ontario.

Power Metals Corp. is pleased to announce that it has entered into an agreement with Winsome Resources Limited (“Winsome”)(ASX:WR1) to acquire (the “Acquisition”) a 100% interest in Winsome’s Decelles and Mazerac projects located in Quebec.

Power Metals Corp. ("Power Metals" or the "Company") (TSX VENTURE:PWM)(FRANKFURT:OAA1)(OTCQB:PWRMF) announces the grant of 5,000,000 incentive stock options to officers, directors, employees and consultants of the Company.

Power Metals Corp. 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 Ontario.

Power Metals Corp. is pleased to announce that the Company has entered into an agreement to sell the 2% Gross Overriding Revenue royalty on the Case Lake Lithium Project to Lithium Royalty Corp. (“LRC”) for $1,500,000.

Power Metals Corp. is pleased to announce the appointment of Mr. Amanuel Bein, P.Geo as Vice President of Exploration.

Power Metals Corp. is pleased to announce the appointment of Mr. Gerry Brockelsby, CFA as Chief Executive Officer.

Power Metals Corp. is pleased to announce that it has closed its previously announced brokered private placement of 11,325,000 common shares of the Company that will qualify as “flow-through shares”.

Power Metals Corp. is pleased to announce that it has entered into two binding purchase and sale agreements to sell the Company's Gullwing-Tot Lakes property and its Paterson Lake property.

Power Metals Corp. is pleased to announce that Winsome Resources' (ASX: WR1) ("Winsome") Managing Director Chris Evans has been appointed to the Board of Directors.

Power Metals Corp. is pleased to announce that Winsome Resource Limited (ASX: WR1) ("Winsome") has agreed to acquire shares in TSX-V listed Power Metals Corp. that are currently owned by Hong Kong-based Sinomine Rare Metals Resources Co Ltd ("Sinomine").

Power Metals Corp. is pleased to announce that drill holes have intersected lithium (Li), cesium (Cs) and tantalum (Ta) mineralization with 20.25 % Cs2O, 1.29 % Li2O and 147 ppm Ta over 1.0 m in drill hole PWM-22-150 in the West Joe Dyke, Case Lake property, Cochrane, Ontario. High-grade Li-Ta mineralization was also intersected: 3.10 % Li2O, 0.09 % Cs2O and 841 ppm Ta over 2.0 m in drill hole PWM-22-149.

Power Metals Corp. has been advised that the Canadian Federal Government, by Order in Council, has ordered that Sinomine (Hong Kong) Rare Metals Resources Co. divest itself of its past and ongoing investments in the Company.

Power Metals Corp. is pleased to comment and provide information to its recent banner press release on Oct. 13th, 2022.

Power Metals Corp. is pleased to announce ongoing drill results from the West Joe Dyke at its 100% owned Case Lake Property in Cochrane, Ontario.

Power Metals Corp. is pleased to announce that two drill holes have intersected high-grade Li and Ta (Lithium and Tantalum) mineralization on the Main Dyke at the Company's 100% owned Case Lake property in Cochrane, Ontario.

Power Metals Corp. is pleased to announce that drill holes have intersected high-grade Li, Cs and Ta (Lithium, Cesium and Tantalum) mineralization on the West Joe Dyke and Li and Ta mineralization on the Main Dyke, Case Lake property, Cochrane, Ontario.

Power Metals Corp. is pleased to provide an update on our recently commenced drill program at the Company's 100% owned Case Lake Property.

Power Metals Corp. is pleased to announce that it has received approval to upgrade from the OTC Pink Market to the OTCQB Venture Market (the "OTCQB").

Power Metals Corp. is pleased to announce that drilling has commenced in the West Joe Dyke area on the Company's 100% owned Case Lake Property, 80 km east of Cochrane.

Power Metals Corp. is pleased to announce that it has a signed a drill contract with Missinaibi Drilling Services Ltd, Timmins, Ontario ("Missinaibi") for Power Metals' 100% owned Case Lake Property, Cochrane, Northeastern Ontario.

Power Metals Corp. is pleased to announce the appointment of the Company’s founder, Johnathan More, as Chief Executive Officer.

Power Metals Corp. is pleased to announce, in collaboration with its largest shareholder Sinomine Resource Group (Sinomine), that it has decided to begin the process to acquire an Advanced Exploration Permit on its 100% owned Case Lake Property from Ontario's Ministry of Northern Development, Mines, Natural Resources and Forestry.

Power Metals Corp. is pleased to announce that it has received an exploration permit (PR-22-000035) for drilling on its 100% owned Case Lake Property in northeastern Ontario from Ministry of Northern Development, Mines, Natural Resources and Forestry.

Power Metals Corp. is pleased to announce the appointment of Zhiwei (Frank) Wang to its board of directors.

Power Metals Corp. is pleased to announce that further to its news release dated January 21, 2022, it has entered into the formal off-take agreement with Sinomine Resource Group Co., Ltd., on all lithium, cesium and tantalum produced from the Company's Case Lake Property.

Power Metals Corp. announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group ("ITG") to provide market‐making services in accordance with TSX Venture Exchange TSXV policies.

Power Metals Corp. is pleased to announce that, further to its news release dated December 21, 2021, it has settled an aggregate of $384,511 of debt held by two non-arm’s length creditors and one arm’s length creditor (collectively, the “Creditors”).

Power Metals Corp. is pleased to announce that it has closed its previously announced $1,500,000 equity financing with Sinomine Resource Group Co., Ltd., and the concurrent non-brokered financing of an additional $1,500,000 in units (the “Units”) for total gross proceeds to the Company of $3,000,000.

Power Metals Corp. is pleased to announce that it is preparing the documents to apply for an exploration permit from the Ontario government for a drill program on its Case Lake Lithium (Li)–Cesium (Cs)–Tantalum (Ta) Property.

Power Metals Corp. is pleased to announce that it has entered into an agreement (the "Sinomine Agreement") with Sinomine (Hong Kong) Rare Metals Resources Co Limited ("Sinomine") which provides for an equity financing and an agreement to negotiate an offtake agreement with Sinomine.

Power Metals Corp. is pleased to announce that Power Metals has decided to resume exploration on the Case Lake Li-Cs-Ta Property.

Power Metals Corp. announces the grant of 2,500,000 incentive stock options to officers, directors, employees and consultants of the Company.

Power Metals Corp. is pleased to announce it has entered into an agreement to acquire the Gullwing Extension Property contiguous with its 100% owned Gullwing-Tot Lakes lithium - cesium - tantalum Property, Dryden, northwestern Ontario.

Power Metals Corp. is pleased to announce that it has entered into an amending agreement with Exiro Minerals Corp.

Power Metals Corp. is very pleased to announce that it has entered into a letter of intent with Sinomine Resource Group Co., Ltd. of Beijing, China ("Sinomine") whereby Sinomine will partner with PWM to further the exploration and development of PWM's mineral property interests in Canada.

Power Metals Corp. announces the grant of 2,876,045 incentive stock options to officers, directors, employees and consultants of the Company.

Power Metals Corp. is pleased to announce that we have staked an additional 107 cell claims to expand our Case Lake Property, Cochrane, northeastern Ontario.

Power Metals Corp. is pleased to provide an update to all shareholders from the Company's recently formed Strategic Review Committee (see press release from January 14th, 2020).

Power Metals Corp. is planning a spring/summer stripping and channel sampling program on Li-Cs-Ta West Joe Dyke at Case Lake, 80 km east of Cochrane, northeastern Ontario as a follow up to Power Metals' 2018 drill program.

Power Metals Corp. is pleased to announce the strategic review committee has decided to focus on our cesium mineralization in the spodumene pegmatites at Case Lake.

Power Metals Corp. is pleased to announce the formation of a strategic committee responsible for reviewing several recent options regarding the Company’s 100% owned Case Lake property.

Power Metals Corp. is pleased to announce that we have acquired 100% ownership of Case Lake lithium property located 80 km east of Cochrane, Ontario.

Power Metals Corp. is pleased to announce that we have engaged SGS Canada Inc. regarding metallurgical testing of the spodumene pegmatite Main Dyke on the Case Lake Property, east of Cochrane, Ontario.

Power Metals Corp. announces that it has entered into an agreement to settle certain debt with a creditor.

Power Metals Corp. is pleased to announce that it has started planning for a drill program at Paterson Lake, 60 km north of Kenora, northwestern Ontario.

Power Metals Corp. is pleased to announce that we have completed our 2018 drill program and have received all assays for the drill core.

Power Metals Corp. is pleased to announce 12 grab samples with 1.01 to 3.26 % Li2O from the recently discovered, Jesse's Pegmatite at Paterson Lake, 60 km north of Kenora, northwestern Ontario.

Power Metals Corp. is pleased to announce that drilling on the recently discovered West Joe Dyke has intersected additional high-grade Lithium (Li) and Tantalum (Ta) mineralization.

Power Metals Corp. is pleased to announce that 13 high-grade surface grab samples collected along a 268 m strike length of the Marko's pegmatite have 3.36 to 4.43 % Li2O indicating that they are dominantly petalite.

Power Metals Corp. is pleased to announce that drilling on the recently discovered West Joe Dyke at its Case Lake Property has intersected high grade Lithium (Li) and Tantalum (Ta) mineralization.

Power Metals Corp. is pleased to announce that drill holes PWM-18-100 to 109 successfully extended the East Dyke along strike by 320 m westward from known outcrop.

Power Metals Corp. is pleased to announce that assays have confirmed the presence of high grade Lithium (Li) and Tantalum (Ta) mineralization on Gullwing-Tot Lakes Property located 30 km northeast of Dryden, Ontario.

Power Metals Corp. is pleased to announce that drill hole PWM-18-123 has intersected 35 m of pegmatite including highgrade spodumene zones on the West Joe Dyke, Case Lake Property, 80 km east of Cochrane, northeastern Ontario.

Power Metals Corp. is pleased to announce the discovery of West Joe Dyke spodumene pegmatite on the Case Lake property, 80 km east of Cochrane, northeastern Ontario.

Power Metals Corp. is pleased to announce assays from the first 8 drill holes on the Company's current 15,000 m drill program at its Case Lake Property, 80 km east of Cochrane, Ontario.

Power Metals Corp. is pleased to announce that the Company's 20% working interest partner, MGX Minerals Inc. ("MGX"), along with Orion Laboratories, LLC ("Orion") and Light Metals International Inc.