Case Lake Drilling Extends the Total Strike Length of East Dyke to 1.1km
Case Lake Drilling Extends the Total Strike
Length of East Dyke to 1.1km
VANCOUVER
,
Sept. 18, 2018
/CNW/ -
Power Metals Corp.
("
Power Metals Corp.
" or the
"
Company
") (TSX VENTURE:PWM) (FRANKFURT:OAA1) (OTC:PWRMF) 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. The East Dyke now has a total strike length of 1.1km. The East
Dyke is one of six spodumene pegmatite dykes currently identified on the Case Lake Property, 80
km east of
Cochrane, Ontario
.
Power Metals made a bold step out from the Main Dyke to drill the East Dyke on the west side of
the Case River. Power Metals geologists believed that the East Dyke extended on the west side of
the Case River even though it did not outcrop on surface. The East Dyke is only exposed on surface
on the east side of the Case River. This was the first drill hole on the East Dyke, as it was not drilled
historically. The East Dyke has minimal horizontal displacement where the Case River crosses it
which is an interpreted fault line. The East Dyke western extension consists of aplite and wall zone
(quartz-feldspar-muscovite with trace garnet and lepidolite) hosted by metasedimentary rocks.
Dr. Selway, VP of Exploration stated, "Power Metals geologists have been rewarded by having the
nerve to drill where no one had drilled before and where there was no exposed outcrop. Our theory
that the East Dyke extended on the west of Case River was proven correct. I am excited about the
extension of the East Dyke by
320 m
to the west. The East Dyke now has a total strike length of 1.1
km and is open along strike and down dip. It is an excellent exploration target for lithium
mineralization."
The East Dyke western extension was intersected
32 m
down hole in shallow holes PWM-18-102
and 105 and 134 and
137 m
down hole, respectively, in down dip holes PWM-18-107 and 108. The
East Dyke has a strike length of
750 m
on the east side of Case River and contains spodumene
ranging from 0.5 to 6 cm long (Power Metals press release dated
Oct. 10, 2017
). The East Dyke
now has a total strike length of 1.1 km. The East Dyke is open down dip and along strike and
represents an exploration target for lithium mineralization.
Case Lake summer 2018 drill program focused on four exploration targets:
Main Dyke – filling in gaps from summer 2017 drill program
New dykes between Main Dykes and South Dykes
East Dyke
West
Joe Dyke
Power Metals is also pleased to announce additional assays from the Main Dyke. The summer 2018
drill program has intersected 1.40 % Li
2
O and 196 ppm Ta over
6.94 m
on Main Dyke in drill hole
PWM-18-94 (Table 1). This interval includes 2.01 % Li
2
O over
3.00 m
. Drill hole PWM-18-94 drilled
through the North and the Main Dykes and was designed to fill in a gap from the summer 2017 drill
program.
Power Metals successfully intersected 1.42 % Li
2
O and 158 ppm Ta over
19.17 m
in the longitudinal
hole PWM-18-84 designed to test the continuity of the Main Dyke along strike and down dip (Power
Metals, press release dated
Aug. 21, 2018
). Power Metals also successfully intersected the new
dykes between Main and South Dykes with spodumene mineralization including 1.92 % Li
2
O over
1.05 m
from drill hole PWM-18-85 (Power Metals, press release dated
Aug. 21, 2018
) and in drill
holes PWM-18-93 and 98 (Table 1). Power Metals also discovered a new dyke south of the South
Dyke in drill hole PWM-18-96 (Table 1).
Power Metals discovered the West Joe Dyke located west of Little Joe Lake in
August 2018
(Power
Metals press release dated
Aug. 23, 2018
). In outcrop, West Joe Dyke consists of pale green to
white coarse-grained spodumene up to
1 m
long and up to 9 cm wide x 15 cm long. Drill hole PWM-
18-123 parallel to the dyke dip intersected
35 m
of pegmatite on West Joe Dyke which includes
18.5
m
and
7.72 m
of spodumene mineralization. Assays are pending.
Figure 1 Case Lake Property map showing location of drill holes PWM-18-93 to 109.
Table 1 Assay highlights for summer 2018 drill program, holes PWM-18-93 to 109, Case Lake
Drill Hole
No.
Including
From
(m)
To
(m)
Interval
(m)
Li2O
(%)
Ta
(ppm)
Zone
PWM-18-93
3.55
4.80
1.25
0.74
39
New Dykes, Main-South
PWM-18-94
13.24
14.00
0.76
0.95
47
North Dyke
PWM-18-94
42.06
49.00
6.94
1.40
196
Main Dyke
PWM-18-94
Include
43.00
46.00
3.00
2.01
27
Main Dyke
PWM-18-96
40.31
40.70
0.39
0.42
13
New Dyke, south of South Dyke
PWM-18-96
74.64
74.95
0.31
0.61
62
New Dyke, south of South Dyke
PWM-18-98
12.65
13.32
0.67
0.51
38
New Dykes, Main-South
PWM-18-99
32.60
32.92
0.32
0.87
1.2
South Dyke
PWM-18-95, 97, 100-109 have no significant Li values. Mineralized intervals do not necessarily represent true widths.
This press release covers assays from drill holes PWM-18-93 to 109. Assays from subsequent
holes from the summer 2018 drill program will be released as they are received. Drill hole collar
locations are given in Table 2 and Figure 1.
Table 2 Drill hole collar locations for holes PWM-18-93 to 109, UTM NAD 83, Zone 17.
Drill Hole No.
Easting (m)
Northing (m)
Elevation (m)
Azimuth (°)
Dip (°)
Depth (m)
PWM-18-93
578192.20
5431574.00
351.51
150
45
101
PWM-18-94
578166.29
5431698.30
345.05
150
45
131
PWM-18-95A
578166.12
5431699.00
344.34
150
72
48
PWM-18-95B
578165.90
5431699.30
344.99
150
70
128
PWM-18-96
578296.58
5431520.79
353.96
150
45
80
PWM-18-97
578091.75
5431481.58
348.78
150
45
102
PWM-18-98
578275.74
5431701.80
347.61
135
45
50
PWM-18-99
578337.00
5431538.18
351.63
150
45
116
PWM-18-100
578390.87
5431389.59
349.20
150
45
70
PWM-18-101
578405.70
5431355.31
347.65
150
45
43
PWM-18-102
578394.63
5431376.87
349.08
150
45
81
PWM-18-103
578339.31
5431348.28
351.76
160
45
102
PWM-18-104
578330.45
5431371.40
351.20
160
45
95
PWM-18-105
578267.96
5431337.46
351.33
150
45
104
PWM-18-106
578256.50
5431355.68
349.89
150
45
101
PWM-18-107
578318.74
5431399.54
354.39
160
45
149
PWM-18-108
578240.11
5431384.29
350.72
148
45
146
PWM-18-109
578206.10
5431333.98
348.88
150
45
98
Quality Control
The drill core was sampled so that
1 m
of the host rock was sampled followed by
1 m
long samples
of the pegmatite dyke and
1 m
of the host rock. The sampling followed lithology boundaries so that
only one lithology unit is within a sample, except for the < 20 cm pegmatite veins in tonalite which
were merged into one sample. The drill core samples were delivered to SGS preparation lab in
Cochrane
by Power Metals' geologists. The core was then shipped to SGS analytical lab in
Lakefield, Ontario
which has ISO 17025 certification. Every 20 samples included one external quartz
blank, one external lithium standard and one core duplicate. The ore grade Li
2
O% was prepared by
sodium peroxide fusion with analysis by ICP-OES with a detection limit of 0.002 % Li
2
O. A QA/QC
review of the standards and blanks for this drill program indicate that they passed and the drill core
assays are accurate and not contaminated.
Case Lake
Case Lake Property is located in Steele and Case townships, 80 km east of
Cochrane
,
NE Ontario
close to the
Ontario
-
Quebec
border. The Case Lake pegmatite swarm consists of six spodumene
dykes: North, Main, South, East and Northeast Dykes on the Henry Dome and the West Joe Dyke
on a new tonalite dome. Power Metals has an 80% interest with its 20% working interest partner
MGX Minerals Inc.
Qualified Person
Julie Selway
, Ph.D., P.Geo. supervised the preparation of the scientific and technical disclosure in
this news release. Dr. Selway is the VP of Exploration for Power Metals and the Qualified Person
("QP") as defined by National Instrument 43-101. Dr. Selway is supervising the exploration program
at Case Lake. Dr. Selway completed a Ph.D. on granitic pegmatites in 1999 and worked for 3 years
as a pegmatite geoscientist for the Ontario Geological Survey. Dr. Selway also has twenty-three
scientific journal articles on pegmatites. A National Instrument 43-101 report has been prepared on
Case Lake Property and filed on
July 18, 2017
.
About Power Metals Corp.
Power Metals Corp. is a diversified Canadian mining company with a mandate to explore, develop
and acquire high quality mining projects. We are committed to building an arsenal of projects in both
lithium and high-growth specialty metals and minerals. We see an unprecedented opportunity to
supply the tremendous growth of the lithium battery and clean-technology industries. Learn more at
www.powermetalscorp.com
.
ON BEHALF OF THE BOARD,
Johnathan More
, Chairman & Director
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, or to, or for the account or benefit of, a "U.S.
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SOURCE
POWER METALS CORP
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CNW 03:05e 18-SEP-18