Power Metals Corp. announced that it has staked the Pelletier Project consisting of 337 mineral claims that account for total surface area of 7000 hectares in northeast Ontario, approximately 50 km south of Hearst. The Pelletier Project is characterized by lithium ?

cesium ? tantalum ("LCT") prospective peraluminous S-type pegmatitic granites intruding into metasedimentary and amphibolite between the Quetico and Wawa sub-provinces in Ontario, Canada. Previous work completed by geologists from Ontario Geological Survey in the early 2003 reported that the Pelletier granitic pegmatite field is at least 8km by 20km and contains evolved granitic pegmatites with anomalous rubidium, cesium, and the potassium to rubidium ratio, indicating prospectivity of the region to host LCT pegmatites.

The Pelletier property is located 30km south of the Lowther pegmatite field where Brunswick Exploration conducted exploration drilling at the Decoy and Moskito pegmatites. The 2024 winter drilling program at Case Lake with Major Drilling is progressing well with the first five holes completed at the Main Dyke for a total of 615 meters of the planned 4,000m program. Drilling is currently at Case Main Zone to test depth and strike extensions to several known LCT mineralized trends that were previously drilled in 2017 to 2022 at the Main, East, and West Joe dykes.

The current drilling has identified coarse spodumene mineralization between 2cm - 10cm grain size, these zones displayed between 6% - 15 % spodumene mineralization that occur in a series of stacked pegmatites at Main Zone. Drilling will move the West Joe later this week to test mineralization extensions to the high-grade cesium mineralization from 2017 to 2022. The first round of assays from drilling will be sent for analysis this month and results expected towards the end of April, these shall continue until the completion of the drill program.

The unique mineralization styles that have been identified at Case Lake with LCT pegmatite dykes at Case Main and high-grade cesium at West Joe shall form part of planning for the Companies exploration strategy for the year ahead at Case Lake. Case Lake has also displayed multiple known mineralized anomalies from field work conducted in 2023 that will be strategically tested throughout the year ahead by the Power Metals team. The Case Lake Property is located 80 km east of Cochrane, northeastern Ontario close to the Ontario - Quebec border.

The Property consists of 585 cell claims in Steele, Case, Scapa, Pliny, Abbotsford and Challies townships, Larder Lake Mining Division. The Property is 10km by 9.5km in size with 14 granitic domes. The Case Lake pegmatite swarm consists of six spodumene dikes known as the North, Main, South, East and Northeast dikes on the Henry Dome, and the West Joe dike on a new dome, collectively forming mineralization trend that extends for approximately 10km.