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Power Metals Intersects World Class High-Grade Cesium near Cochrane

Oct 17, 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.

Highlights Include (Table 1):

  • 24.07 % Cs2O, 0.63 % Li2O, 34.2 ppm Ta over 1.0 m, 15.0 to 16.0 m, PWM-22-143
  • 20.36 % Cs2O, 2.28 % Li2O, 15.7 ppm Ta over 1.0 m, 14.0 to 15.0 m, PWM-22-143
  • 22.22 % Cs2O, 1.46 % Li2O, 25.1 ppm Ta over 2.00 m, 14.0 to 16.0 m, PWM-22-143
  • 7.65 % Cs2O, 1.45 % Li2O, 247.1 ppm Ta over 7.09 m, 11.96 to 19.05 m, PWM-22-143 (Figure 1 ).
  • 1.94 % Cs2O, 2.20 % Li2O, 466.0 ppm Ta over 8.98 m, 20.97 to 29.95 m, PWM-22-144
  • 2.71 % Cs2O, 4.75 % Li2O, 396.0 ppm Ta over 2.00 m, 24.00 to 26.00 m, PWM-22-144
  • 3.66 % Cs2O, 1.05 % Li2O, 1440.0 ppm Ta over 1.00 m, 48.00 to 49.00 m, PWM-22-147

Drilling on the West Joe Dyke has intersected multiple pollucite intervals with up to 24.07 % Cs2O at a shallow depth of 15.00 m in drill hole PWM-22-143. Pollucite is the only ore mineral of Cs. The West Joe pollucite zone is characterized by secondary lepidolite (Li) and muscovite along fractures in massive white pollucite. The pollucite zone is enclosed within the inner intermediate zone consisting of coarse-grained pale green spodumene (Li), coarse-grained white K-feldspar enriched in Rubidium (Rb), and Ta-oxide minerals.

SGS Burnaby, British Columbia analytical lab was so surprised by the exceptionally high cesium assays that they assayed the samples multiple times and further sent the samples to SGS Lakefield, Ontario which confirmed the numbers and signed off on the assay certificate. Dr. Julie Selway, VP of Exploration, reassured SGS that the cesium results were to be expected because pollucite was visible in the drill core.

Dr. Selway states, “The drill core with 24.07 % Cs2O over 1.0 m is the highest and most impressive cesium assay in properties that I have worked on in my career. One of Power Metals’ goals for the summer 2022 drill program was to follow up on the 14.70 % Cs2O over 1.0 m in drill hole PWM-18-126 from 2018. The 2022 drilling cesium results have surpassed the 2018 results and has further confirmed the economic value of the West Joe Dyke.”

Chairman & CEO, Johnathan More, stated “These cesium high-grade zones have far exceeded our expectations this early in the game. World leader, Sinomine Resource Group, invested in Power Metals earlier this year and both parties are excited with these results. Cesium is extremely rare to find and is currently not being mined anywhere in the world. Historically, it is found in small quantities and the current mineralization seen at Case Lake is being found near surface. These results along with reported and ongoing lithium mineralization is creating massive value for this property.”

The West Joe pollucite zone has Cs grades similar to that of Sinclair cesium mine, Australia held by Essential Metals Limited (ASX: ESS). Pollucite was mined by open pit from the Sinclair mine in 2018 (Pioneer Resources Limited, press release dated Dec. 12, 2018). There are only two other commercial cesium mines globally: Tanco mine, Manitoba and Bikita mine, Zimbabwe. In addition to the Cs grade, West Joe has the advantages that the pollucite has shallow depths of less than 50 m below surface and road access to make it easy for future extraction. Another advantage of West Joe is that it has three economic commodities in the same zone: lithium, cesium and tantalum. Canadian, Ontario and United States governments have labelled all three commodities as critical metals.



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