Power Metals Corp. · TSXV:PWM
Power Metals — Investor Presentation (April 2022)
32 slides from Power Metals's investor presentation, April 2022
Slide 1: Power Metals Corp. Corporate Presentation – Case Lake Property
. ' Power Metals Corp. Corporate Presentation Case Lake Property April 2022
Slide 2: Management
Management Johnathan More 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 markets fo
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 Apr. 18, 2022): C$37.66 million • Management and Insiders own approx. 30% • Please see www.powermetalscorp.com 4
Slide 6: 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 7: 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 8: Electric Vehicles – Driving Lithium Demand
Electric Vehicles – Driving Lithium Demand Global EV sales reached 6,75 million units in 2021 China and Europe had the strongest increase in EV sales EV-volumes.com 8
Slide 9: 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 Other uses of cesium: Cesium bromide is used in infrared detectors, optics, photoelectric cells, scintillation counters and spectrometers Cesium isotopes are used in
Slide 10: Ontario Lithium Properties
Ontario Lithium Properties • Case Lake Lithium Property • Paterson Lake Property • Gullwing-Tot Lake Property 9
Slide 11: 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 NE of Timmins. All season access road surrounds the Property. 10
Slide 12: Historic Exploration
Historic Exploration 3D View Pegmatite Dykes, Looking Down Towards North Historical exploration Lithology Legend LiO2 (%) Legend work in 2001 on the Historical Channel Sample Property includes: North Dyke • 7 drill holes • 6 Channel samples • Detailed outcrop Fault Plane mapping Main Dyke • Grab sam
Slide 13: Summer 2017 Main Dyke Drill Program
Summer 2017 Main Dyke Drill Program 5405.08 m total meterage 50 drill holes 30 m spacing along section and 30 m between sections Hole length 60 – 150 m Azimuth of 150° Dip 45° 12
Slide 14: 2017 Drill Program – Lithium Mineralization
2017 Drill Program – Lithium Mineralization • Lithium is in spodumene (LiAlSi2O6) • Spodumene pegmatites dykes are hosted by tonalite • The Main Dyke Zone pegmatite is consistently 30- 35 m wide. • Hole PWM-17-40 intersected 37.7 m of continuous pegmatite of which the spodumene zone is from 20.0 to
Slide 15: 2017 Drill Program – Lithium Mineralization
2017 Drill Program – Lithium Mineralization The high-grade lithium zones within the Main Dyke pegmatite are: • coarse-grained spodumene in the intermediate zone (muscovite-quartz-albite-K-feldspar), • fine-grained spodumene granite zone (quartz-albite- K-feldspar) and • coarse-grained spodumene in t
Slide 16: 2017 Drill Program – Assay highlights
2017 Drill Program – Assay highlights Assay highlights on Main Dyke: • PWM-17-08: 1.94 % Li2O, 323.75 ppm Ta over 26.0 m • PWM-17-09: 1.23 % Li2O,148.0 ppm Ta over 16.0 m • PWM-17-10: 1.74 % Li2O, 245.96 ppm Ta over 15.06 m • up to 3.29 % Li2O over 1.0 m in PWM-17-08 • PWM-17-40: 2.07 % Li2O, 213.96
Slide 17: Spodumene Discovery – Northeast Dyke
Spodumene Discovery – Northeast Dyke Prospecting found spodumene megacrysts for the first time on the Northeast Dyke. • Located 900 m from the Main Dyke drill program • Along the same strike as North and Main Dykes • Within the same tonalite dome as the North and Main Dykes • Northeast Dyke has a pa
Slide 18: Winter 2018 Northeast Dyke Drill Program
Winter 2018 Northeast Dyke Drill Program • 3020.0 m total meterage • 33 drill holes • Drill hole length 44 - 209 m 19
Slide 19: Northeast Dyke Drill Program – Winter 2018
Northeast Dyke Drill Program – Winter 2018 • Multiple intersections of spodumene • Drill hole PWM-18-71 intersected the inner intermediate zone with coarse-grained spodumene throughout from 24.10 to 32.73 m for 8.63 m interval (Figure 1 and 2). • Assay highlights: Fig. 1. PWM-18-71, Boxes 5-8, coars
Slide 20: Summer 2018 Drill Program
Summer 2018 Drill Program • 4571 m total meterage • 44 drill holes • Hole length 20 – 303 m Targets: • Infill drilling on Main Dyke • New dykes between Main and South Dykes • East Dyke extension • Discovery of West Joe Dyke 21
Slide 21: Summer 2018 Main Dyke Drill Target
Summer 2018 Main Dyke Drill Target Longitudinal drill hole PWM-18-84 • purpose of this drill hole was to test the continuity of the Main Dyke along strike and down dip. • successfully intersected 126.25 m of pegmatite (2.0 - 128.25 m) Assay highlights for PWM-18-84 include: • 1.42 % Li2O and 158 ppm
Slide 22: Summer 2018 New Dykes Drill Target
Summer 2018 New Dykes Drill Target Four separate spodumene pegmatite dykes were intersected in drill holes PWM-18-85, 86 and 87 in close proximity to the Main Dyke. Assay highlights on the new dykes include: • 1.92 % Li2O over 1.05 m, PWM-18-85 • 1.58 % Li2O over 0.67 m, PWM-18-86 • 1.83 % Li2O over
Slide 23: Summer 2018 East Dyke Drill Target
Summer 2018 East Dyke Drill Target • 2017: Mapping found spodumene mineralization for the first time on the East Dyke. • Two grab samples from East Dyke contained up to 2.56 % Li2O and up to 181 ppm Ta. • 2018: Drilled 10 holes on the west side of Case River to extend the East Dyke strike length by
Slide 24: 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 25: 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 26: Summer 2018 West Joe Dyke Drill Target
Summer 2018 West Joe Dyke Drill Target Drilled 18 holes, 1195.73 m Hole length 20 – 200 m Drilling on the West Joe Dyke has intersected exceptionally high-grade lithium intervals: • 3.88 % Li2O, 925 ppm Ta over 1.0 m, PWM-18-111 • 3.43 % Li2O, 264 ppm Ta over 1.05 m, PWM-18-111B • 3.07 % Li2O, 611 p
Slide 27: 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: • 14.70 % Cs2O over 1.0 m, PWM-18-126 • 12.40 % Cs2O over 1.0 m, PWM-18-112 • 6.74 % Cs2O over 5.0 m, PWM-18-126 Pale pink to grey pollucite with white ve
Slide 28: 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. • Multiple domes occur o
Slide 29: 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 30
Slide 30: 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 32
Slide 31: Contact Information
Contact Information • Address: 2375 East Camelback Road, Suite 600 Phoenix, AZ 85016 • Website: www.powermetalscorp.com • Phone: 646-661-0409 • Email: [email protected] 33
Slide 32: 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