Power Metals Corp. · TSXV:PWM
Power Metals — Investor Presentation (November 2022)
28 slides from Power Metals's investor presentation, November 2022
Slide 1: Power Metals Corp. Corporate Presentation – Case Lake Property
Power Metals Corp. Corporate Presentation Case Lake Property November 2022
Slide 2: Management
Management Johnathan More CEO, Chairman and Director Johnathan More previously served as President, CEO and Director of Power Metals Corp (formerly Aldrin Resource Corp) from October 30, 2008 through April 5, 2017. Mr. More has over 20 years of experience in North American and European capital marke
Slide 3: Management
Management Dr. Julie Selway, Ph.D, P.Geo Vice President of Exploration Dr. Julie Selway, Ph.D., P.Geo. is an expert on lithium pegmatites. Dr. Selway completed a Ph.D. thesis on Tourmaline in Granitic Pegmatites in 1999 at the University of Manitoba under the supervision of Dr. Petr Černý, world ren
Slide 4: Management
Management Rob Dardi Director Mr. Dardi is a graduate of the UBC School of Law and is a senior B.C. lawyer and businessman with over 30 years experience. He practiced with McCarthy Tetrault, First City Financial, and TELUS Corporation. While at TELUS he also held the senior officer position, Vice Pr
Slide 5: Share Structure
Share Structure • Stock Symbol: (TSX.V:PWM) (OTC:PWRMF) • Market Capitalization (as of Oct. 31, 2022): C$31.26 million • Management and Insiders own approx. 30% • Please see www.powermetalscorp.com 4
Slide 6: Sinomine Resources – Power Metals
Sinomine Resources – Power Metals • In January 2022, world-leader Sinomine Resource Group (“Sinomine”) joined Power Metals with a sizable investment after Power Metals' initial discovery of cesium during the 2018-2019 drilling campaign. • Sinomine currently owns two of the three occurrences of cesiu
Slide 7: Critical Minerals
Critical Minerals • Critical Minerals are essential for renewable energy and clean technology applications (e.g., batteries, permanent magnets, solar panels and wind turbines) • Defence and security technology • Electronics, agriculture and medical applications • Canada has a list of 31 critical min
Slide 8: Uses of Lithium
Uses of Lithium Uses of Lithium: • Main use is rechargeable Li-ion batteries in cell phones, smart phones, tablets, laptop, digital cameras and electric cars • Lithium carbonate for mental disorders • Alloy with aluminum used in aircraft and high speed trains • Lithium oxide for glass ceramics and s
Slide 9: Electric Vehicles – Driving Lithium Demand
Electric Vehicles – Driving Lithium Demand A total of 4.3 million new BEVs and PHEVs were delivered during the first half of 2022, an increase of +62 % compared to 2021 H1. BEV – Battery Electric Vehicle, PHEV – plug-in hybrid electric vehicle EV-volumes.com 8
Slide 10: Rare Cesium
Rare Cesium Globally, there are three occurrences for cesium that have been commercially mined: • Tanco pegmatite mine, Manitoba, Canada, • Bikita pegmatite mine, Zimbabwe and • Sinclair mine, Australia. • During 2021, no primary cesium mine production was reported globally. • Production at Tanco mi
Slide 11: Uses of Cesium
Uses of Cesium Primary use of cesium: Cesium formate brines are used for high pressure, high temperature well drilling for oil and gas in North Sea Other uses of cesium: Cesium-137 isotope in Cesium bromide is used in infrared detectors, optics, radiation device to treat cancer photoelectric cells,
Slide 12: Case Lake Lithium Pegmatites, Cochrane
Case Lake Lithium Pegmatites, Cochrane Case Lake Property is located near established gold mining camps in the Abitibi Greenstone Belt: 80 km east of Cochrane, 100 km north of Kirkland Lake and 120 km northeast of Timmins. All season access road surrounds the Property. 11
Slide 13: 2017 Main Dyke Drill Program – Assays
2017 Main Dyke Drill Program – Assays Assay highlights for Li-Ta on Main Dyke: • PWM-17-08: 1.94 % Li2O, 323.75 ppm Ta of 26.0 m • PWM-17-09: 1.23 % Li2O,148.0 ppm Ta of 16.0 m • PWM-17-10: 1.74 % Li2O, 245.96 ppm Ta of 15.06 m • up to 3.29 % Li2O over 1.0 m in PWM-17-08 • PWM-17-40: 2.07 % Li2O, 21
Slide 14: Summer 2018 West Joe Discovery
Summer 2018 West Joe Discovery • Discovery of West Joe Dyke on August 8, 2018 • West Joe spodumene pegmatite is located 790 m west of Little Joe Lake and 1.6 km southwest of the western edge of the Main Dyke • Power Metals built a trail to the west side of Little Joe Lake which previously had diffic
Slide 15: Summer 2018 West Joe Discovery
Summer 2018 West Joe Discovery In outcrop: • pale green to white coarse-grained spodumene up to 1 m long and up to 9 cm wide x 15 cm long. • coarse-grained white K-feldspar, quartz, muscovite and trace Ta- oxides minerals and lepidolite. • the Ta-oxide crystals are up to 3 cm long 3 cm long Ta-oxide
Slide 16: Summer 2018 West Joe Dyke Drill Target
Summer 2018 West Joe Dyke Drill Target West Joe Dyke: drilled 18 holes, 1195.73 m Hole length 20 – 200 m intersected exceptionally high-grade Li-Ta intervals: PWM-18-111: • 3.88 % Li2O, 925 ppm Ta of 1.0 m PWM-18-111B: • 3.43 % Li2O, 264 ppm Ta of 1.05 m PWM-18-116: • 3.07 % Li2O, 611 ppm Ta of 1.0
Slide 17: Summer 2018 West Joe Dyke Drill Target
Summer 2018 West Joe Dyke Drill Target Cesium (Cs) mineralization: presence of pollucite in drill core and exceptionally high-grade Cs intervals: PWM-18-126: • 14.70 % Cs2O of 1.0 m, 13.0 to 14.0 m PWM-18-112: • 12.40 % Cs2O of 1.0 m, 10.0 to 11.0 m PWM-18-126: • 6.74 % Cs2O of 5.0 m, 11.0 to 16.0 m
Slide 18: Summer 2022 Main Dyke Drill Target
Summer 2022 Main Dyke Drill Target Summer 2022 drill program: • 36 holes, 2784 m • Hole length 36 – 177 m • Main Dyke and West Joe Dyke • Including 4 holes on Main Dyke 24.07 % Cs2O% over 1.0 m, PWM-22-143 17
Slide 19: Summer 2022 Main Dyke Drill Target
Summer 2022 Main Dyke Drill Target Drilling on the Main Dyke intersected high-grade Li-Ta intervals: PWM-22-132: • 1.71 % Li2O and 240.77 ppm Ta of 12.0 m, 11.0 to 25.0 m (Photo) PWM-22-133: • 1.20 % Li2O and 218.68 ppm Ta of 19.0 m, 39.0 to 58.0 m Spodumene pegmatite, Main Dyke, drill hole PWM-22-1
Slide 20: Summer 2022 West Joe Dyke Drill Target
Summer 2022 West Joe Dyke Drill Target Summer 2022 drill program: • 36 holes, 2784 m • Hole length 36 – 177 m • Main Dyke and West Joe Dyke 4.75 % Li2O, 2.71 % Cs2O, 396 ppm Ta, PWM-22-144 24.07 % Cs2O% over 1.0 m, PWM-22-143 19
Slide 21: Summer 2022 West Joe Dyke Drill Target
Summer 2022 West Joe Dyke Drill Target Drilling on the West Joe Dyke has intersected high-grade Li-Cs-Ta intervals: PWM-22-144: • 4.75 % Li2O, 2.71 % Cs2O, 396.0 ppm Ta of 2.0 m, 24.0 to 26.0 m PWM-22-128: • 1.11 % Li2O, 2.15 % Cs2O and 365.46 ppm Ta of 6.84 m, 17.56 to 24.40 m (Photo) • 1.28 % Li2O
Slide 22: Summer 2022 West Joe Dyke Drill Target
Summer 2022 West Joe Dyke Drill Target Cesium (Cs) mineralization: presence of pollucite in drill core and exceptionally high-grade Cs intervals in PWM-22-143: • 24.07 % Cs2O, 0.63 % Li2O, 34.2 ppm Ta over 1.0 m • 20.36 % Cs2O, 2.28 % Li2O, 15.7 ppm Ta over 1.0 m Pollucite-spodumene-Ta-oxides, pegma
Slide 23: Property Geology – Dome exploration model
Property Geology – Dome exploration model • Drilling indicates that the North and Main spodumene pegmatite dykes are hosted by a dome-shaped laccolith rather than a batholith. • A laccolith is a dome-shaped igneous body with a flat bottom which is an offshoot of a batholith. • There is a total of 14
Slide 24: Case Lake advantages
Case Lake advantages Case Lake Property has several advantages: • High-grade cesium similar to Sinclair mine, Australia • Three commodities in West Joe Dyke: Li-Cs-Ta • Two commodities in Main/North Dykes: Li-Ta • All three commodities are Canada’s critical metals • The pegmatite is exposed on surfa
Slide 25: 2022 Drill Targets
2022 Drill Targets 2022 drill targets are: • Target 1 – West Joe Dyke and extension • Target 2 – Between West Joe and Main Dykes • Target 3 – Between Main and NE Dykes • Target 4 – Dome 9 • Target 5 – East Dyke 24
Slide 26: 2022 Proposed Drill Plan at Case Lake
2022 Proposed Drill Plan at Case Lake Spring Area Proposed Estimated Cost Targets meterage 1 West Joe Dyke 3150 m $600,000 2 Between West Joe and Main 3000 m $600,000 3 Between Main and NE Dykes 1500 m $300,000 4 Dome 9 1500 m $300,000 5 East Dyke 1500 m $300,000 Total 10,650 m $1.5 M 25
Slide 27: Contact Information
Contact Information • Address: 300- 1055 West Hastings Street Vancouver, British Columbia V6E 2E9 • Website: www.powermetalscorp.com • Phone: 515-401-7479 • Email: [email protected] 26
Slide 28: Cautionary Note Regarding Forward-Looking Information
Cautionary Note Regarding Forward-Looking Information This corporate presentation contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current exp