11:12 AM EDT, 06/10/2025 (MT Newswires) -- Power Metals ( PWRMF ) said Tuesday it identified two new target zones at the Case Lake cesium project in Ontario.

The company said it completed an updated structural and geochemical model featuring the new Cesium Triangle Zone, with 2 new fold zones located in the southeast and northwest region of the zone.

Power Metals ( PWRMF ) said the recently identified southeast and northwest corridors of the Cesium Triangle Zone offer additional targets in cesium, tantalum, and lithium mineralization.

Power Metals ( PWRMF ) expects to commence work in the near future after completing its maiden resource estimate.

"I am very pleased with the structural work completed to date at Case Lake in collaboration with some of the industry's most respected experts in structural geology, geophysics and geochemistry," said chief executive Haydn Daxter. "These efforts have provided a clearer picture of the project's geological history and identified both current and new target zones that position the company to unlock the property's full potential."

The company's shares were last seen up $0.01 to $0.97 on the TSX Venture Exchange.

Price: 0.99, Change: +0.03, Percent Change: +3.13