Power Metals (TSX-V:PWM) has extended its exploration target at West Joe dykes within the Case Lake Cesium Project following its maiden resource estimate.
The company has completed drilling at 113 holes across 7,264m of drilling in 2018, 2022, and 2024 programs.
Recent drilling solidified a resource of the West Joe dykes at 13,000 tonnes grading 2.40% cesium oxide for 330 tonnes of cesium oxide concentrate, marking the deposit as one of eight pollucite-bearing pegmatite dyes in Case Lake.
Power Metals has identified 17 untested targets for upcoming drilling, which the company hopes will contain between 11,000 tonnes and 15,000 tonnes of cesium oxide. The program will span the eight dykes across 21km2 with potential to expand resources.
CEO Haydn Daxter says that this announcement signals a “significant” milestone for the company and the development of critical minerals for greater Ontario.
“The majority of the pollucite bearing pegmatites remain unconstrained and open to exceptional potential of further growth as represented with the current exploration target at West Joe,” Daxter says.
The discovery has positioned the Case Lake Project as the fourth cesium-only resource globally, which Chairman Johnathan More says highlights the growth potential following drilling of the current exploration target and untested zones.
“The company is currently developing the Case Lake Cesium Project to be Ontario’s first critical minerals project in production,” More says.
“To achieve this target, we engaged in the MRE at the infancy of exploration drilling to target cesium and look forward to the growth that remains in the property for the company and the state of Ontario.”
The company is currently testing for lithium and tantalite as a part of the project’s metallurgical program via x-ray transmission analysis, with results expected to return in July 2025.
Cesium is a chemical element that is used to manufacture optical glasses, as well as other optical instruments, by removing oxygen present in light bulbs and vacuum tubes.
Power Metals is an exploration company, dedicated to advancing its cesium, lithium, and tantalum assets in Canada.
Write to Maddison Elliott at Mining.com.au
Images: Power Metals
