## Power Metals Corp. Uncovers High-Grade Cesium, Lithium, and Tantalum at Case Lake Project
Power Metals Corp. (PWM, OAA, PWRMF), a Canadian mining company focused on lithium and high-growth specialty metals, has announced a major breakthrough at its 100%-owned Case Lake Project (CLP) in northeastern Ontario. The company’s ongoing Phase II drill program has yielded remarkable results, revealing significant high-grade mineralization of cesium, lithium, and tantalum, underscoring the project’s exceptional exploration potential.
The latest assay results from targeted drilling at the West Joe Zone have confirmed the presence of additional high-grade cesium oxide (Cs2O) mineralization, with concentrations reaching up to an impressive 12.72% in shallow intercepts. This discovery reinforces the CLP’s position as a promising source of high-grade, multi-element resources.
Phase II Drill Program: A Showcase of Success
The Phase II program has delivered a string of notable intercepts, further solidifying the project’s potential as a strategic source of critical elements vital to high-tech industries. Here are some key highlights:
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Hole PWM-24-210:
3.20 meters averaging 5.06% Cs2O in a pollucite-rich zone*
Hole PWM-24-211:
3.90 meters averaging 7.83% Cs2O*
Hole PWM-24-212:
4.00 meters averaging 7.70% Cs2OThese exceptional results, coupled with the consistent presence of lithium and tantalum mineralization, strengthen the Case Lake Project’s position as a potential hub for these critical elements.
Beyond Cesium: A Multi-Element Resource
The analytical results from drilling at the CLP showcase the project’s multi-element potential. At the West Joe Zone, the following highlights are worth noting:
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PWM-24-210:
9.09m at 0.98% Li2O, 2.25% Cs2O, and 367 ppm Ta*
PWM-24-211:
7.90m at 1.50% Li2O, 4.05% Cs2O, and 423 ppm Ta*
PWM-24-212:
7.63m at 0.75% Li2O, 4.09% Cs2O, and 249 ppm TaThese intercepts confirm the continuity of the West Joe mineralization trend, both up and down dip of previously reported drillholes. The rich core of the mineralization in PWM-24-210, 211, & 212 is characterized by a high-grade zone averaging 6.86% Cs2O, 1.27% Li2O, and 455 ppm Ta.
Strategic Partnerships and Future Plans
Power Metals CEO Haydn Daxter expressed his enthusiasm for the momentum generated by the Phase II drilling program, stating, “We’re extremely pleased by the momentum generated from our Phase II drilling program, which continues to validate the world-class potential of the Case Lake Project.” He added, “These impressive results reinforce our confidence in this resource, and we eagerly anticipate further findings in the weeks ahead as we transition into Phase III drilling to close out our extensive 2024 exploration program.”
The company has also conducted a successful site visit with Chris Evans, Managing Director of Winsome Resources, a valued partner and member of the Cesium Advisory Committee. This visit served to assess the project firsthand and discuss technical insights.
Power Metals is now gearing up for its 2024 Phase III drilling program, scheduled to commence in mid-November. This program will continue the delineation of cesium at West Joe and Main Zone, further enhancing the value of the exploration work conducted in 2024. The company anticipates drilling to continue through the end of the year.
A Promising Future for Power Metals
Johnathan More, Chairman of Power Metals, emphasized the company’s groundbreaking discoveries at Case Lake, stating, “Power Metals is breaking new ground with our high-grade cesium discoveries at Case Lake, a project that continues to exceed our expectations. As we advance into the next phase of development, we are setting the stage for a promising year ahead and a strengthened position in the specialty metals market.”
These impressive findings position Power Metals Corp. as a key player in the growing global market for critical minerals, particularly cesium, lithium, and tantalum. The company’s commitment to exploration and development at the Case Lake Project, combined with its strategic partnerships, promises a bright future for both Power Metals and the industries that rely on these vital resources.
