ORE SORTING TEST WORK SUCCESSFULLY PRODUCES HIGH-GRADE CESIUM OXIDE

CNW Group
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VANCOUVER, BC, Oct. 22, 2024 /CNW/ - Power Metals Corp ("Power Metals" or the "Company") (TSX VENTURE: PWM) (FRANKFURT: OAA1) (OTCQB: PWRMF) is pleased to announce that initial test work on ore sorting has been successfully completed with Tomra (Sydney, Australia) and has produced a high-grade cesium oxide product in preparation for chemical production test work. Metallurgical holes utilized for the ore sorting were drilled earlier this year as part of the summer 2024 drill program at the Company's 100% owned Case Lake Project ("CLP") in northeastern Ontario. Phase I of metallurgical drilling at West Joe was conducted on 4 (four) drill holes to target intercept shallow styles of mineralization between 1.65% Cs2O through 18.55% Cs2O (cesium oxide) hosted in pollucite. Along with cesium these holes included known spodumene mineralization zones up to 3.08% Li?O and exceptionally high-grade tantalum mineralization zones up to 3,236ppm at the CLP (Table 1).

The Company also expects to announce several assay results in the coming weeks from our Phase II 2024 drilling program at Case Lake. Additionally, the "Cesium Advisory Committee" anticipates an update in the very near future on the Company's next steps in development of the CLP.

Figure 1 – Image of Ore Sorting Process at Tomra in Sydney Australia for Power Metals Corp (CNW Group/Power Metals Corp.)
Figure 1 – Image of Ore Sorting Process at Tomra in Sydney Australia for Power Metals Corp (CNW Group/Power Metals Corp.)

Haydn Daxter, Power Metals CEO commented "The work at Tomra is a critical step to allow us to add more confidence to the project and production of cesium oxide. The Company will move into Phase II of its metallurgical test work with SGS along with preparing for 2024 Phase III drilling at Case Lake. The ongoing support from the Ontario government is incredibly pleasing as we advance our critical minerals project in Ontario."

TOMRA ORE SORTING:

The Company has conducted a two stage process on ore sorting on the 60kg of test material. Successful separation resulting in a high-grade cesium oxide was achieved and will form the basis of mining studies moving into the production of cesium oxide and metallurgical test work on chemical production with SGS Lakefield. Core samples were crushed and screened at 8mm - 32mm, sorted with 2 (two) stages of sorting conducted:

  • Test 1: Ejected very high density/grade concentrate (Figure 1)

  • Test 2: Was run on the waste from Test 1 and ejected all minor high-density inclusions for recovery (Figure 2)

  • Test 3: Was conducted on the <12.5mm material that was screened at 6mm

Figure 2 &#x002013; Images of X-Ray ore sorting process from Tomra for Power Metals Corp. Dark zones indicate high density/grade pollucite ore containing cesium oxide (CNW Group/Power Metals Corp.)
Figure 2 – Images of X-Ray ore sorting process from Tomra for Power Metals Corp. Dark zones indicate high density/grade pollucite ore containing cesium oxide (CNW Group/Power Metals Corp.)
Figure 3 &#x002013; X-Ray Image from Tomra displaying dark zones of high density/grade pollucite containing cesium oxide (CNW Group/Power Metals Corp.)
Figure 3 – X-Ray Image from Tomra displaying dark zones of high density/grade pollucite containing cesium oxide (CNW Group/Power Metals Corp.)

METTALURGICAL HOLES:

Phase I of metallurgical drilling consisted of 4 (four) HQ (63.5mm) diamond drill holes into known mineralization zones at West Joe. Drilling consisted of shallow targets to provide a series of ore sorting and mineral separation on the unique West Joe Project. Targeting cesium oxide of a high-grade nature through to the Company's proposed cutoff grade at the lower end of the scale. In conjunction to the ore sorting and separation of cesium oxide material the metallurgical holes also included high-grade spodumene and tantalum (Table 1) which could provide additional streams of income alongside the cesium oxide production. Cesium oxide concentrate will now be shipped to SGS Lakefield for analysis to produce product grades.

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