10:54 AM EDT, 09/18/2025 (MT Newswires) -- Power Metals ( PWRMF ) said Thursday that it it is advancing the Case Lake Cesium project in northern Ontario toward becoming a producing mining operation.

The team has been conducting baseline studies, refining development plans and engaging with governments and indigenous partners. Most recently, Power Metals ( PWRMF ) commissioned local indigenous contractors to deliver drilling and environmental programs at the project.

Power Metals ( PWRMF ) is in the final stages of discussions with strategic investors and industry participants, who want to participate in building new, reliable supply chains for critical minerals in North America.

The company has drilled a total of 23,976 meters of core between 2017 and 2024 at Case Lake.

Power Metals ( PWRMF ) shares are up $0.02, to $0.80, on the Toronto Stock Exchange.

Price: 0.80, Change: +0.02, Percent Change: +2.56