The Halo project is located less than 3 kilometres northwest of
Highlights: Four HQ core holes have been completed and show comparable results to neighboring properties in what is likely the same geologic unit.
Hole No. Halo-003-23 intersected a true thickness of 62.2 meters (204 feet) at 994 ppm lithium.
Hole No. Halo-004-23 intersected 19.8 meters (65 feet) of 1,368 ppm lithium where the hole was lost due to bad drilling conditions. The bottom 7 meters of the holes contained 1,698 ppm Li.
CEO
Hole No. Halo-004-23, the furthest west hole, was lost in broken ground with the bottom 7 meters containing nearly 1,700 ppm Li. This hole is located about 1.8 km east of the
About
POWR Lithium is an exploration and development company dedicated to the advancement of North American lithium deposits to support domestic demand. The Company holds interests on the Halo and Eli properties in
POWR Lithium advises the public that as part of its disclosure obligations as a public issuer, all material and regulatory filings can be found on www.sedar.com. We also invite the public to visit our website at www.powrlithium.com and to sign up to our 'news alerts' to be advised of future news releases and related company information. Please also ensure you watch our video which is now available on the website.
Forward Looking Information Disclaimer
This news release contains statements and information that, to the extent that they are not historical fact, may constitute 'forward-looking information' within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives, or economic performance, or the assumption underlying any of the foregoing. In some cases, forward-looking statements can be identified by terms such as 'may', 'would', 'could', 'will', 'likely', 'except', 'anticipate', 'believe', 'intend', 'plan', 'forecast', 'project', 'estimate', 'outlook', or the negative thereof or other similar expressions concerning matters that are not historical facts. Examples of such statements include, but are not limited to, statements with respect to the Company's plans for a Phase 2 drilling program at the Halo property.
Forward-looking information is based on the assumptions, estimates, analysis, and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. The material factors and assumptions used to develop the forward-looking information contained in this news release include, but are not limited to, key personnel and qualified employees continuing their involvement with the Company; the Company's ability to secure additional financing on reasonable terms; the competitive conditions of the sector in which the Company operates and laws and any amendments thereto applicable to the Company.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, without limitation, risks relating to the future business plans of the Company; risks that the Company will not be able to retain its key personnel; risks that the Company will not be able to secure financing on reasonable terms or at all, as well as all of the other risks as described in the Company's annual Management Discussion and Analysis dated
Contact:
Tel: +1 (778) 383-7240
Email: info@powrlithium.com
(C) 2024 Electronic News Publishing, source