(TSXV: PAM) April 20, 2017 – Power Americas Minerals Corp. has appointed Mr. Neil Pettigrew, M.Sc., P.Geo. to its board of directors, and provided an update on the Kittson project’s 2017 exploration program.
Mr. Pettigrew, M.Sc., P.Geo. received his H.BSc. degree in Environmental Geochemistry from the University of New Brunswick in 1999 and his M.Sc. degree in Earth Sciences from the University of Ottawa in 2004. He has published papers on Cu-Ni-PGE mineralization and the petrogenesis of mafic-ultramafic intrusions. He has worked for several junior and major companies in gold and Cu-Ni-PGE exploration, most notably Avalon Ventures Ltd., Temex Resources Corp., Rainy River Resources Ltd., PC Gold Inc., Placer Dome CLA Inc., and Goldcorp Inc. He has served as vice-president of exploration and a director of East West Resources Corp., vice-president of exploration at PC Gold Inc., and as CEO of Fairmont Resources Inc. where he remains a director.
Mr. Pettigrew is a founder, part-owner and vice-president of Fladgate Exploration Consulting Corporation of Thunder Bay, Ontario, a full-service mineral exploration consulting firm. Prior to founding Fladgate Exploration Consulting, he was employed as a senior Precambrian geoscientist with the Ontario Geological Survey.
The company also announced the resignation of Mr. William R. Byers as chief financial officer and director of the company. Mr. Chris Hobbs, CA, a current director, will assume the role of chief financial officer. The company would like to thank Mr. Byers for his contributions during his appointment to the board of directors, and wishes him well in his future endeavours.
Power Americas Minerals has also completed initial compilation and planning on its Kittson cobalt property’s upcoming exploration and drill program. The exploration program will consist of initial geological reconnaissance consisting of prospecting, geochemical sampling and detailed mapping, followed by a diamond drill program. The exploration program is set to begin as soon as spring weather conditions permit.
The Kittson property is comprised of five unpatented mining claims totaling 68 units having a combined area of approximately 1,090 hectares located approximately eight kilometres northwest of the town of Latchford and 120 kilometres by road north of North Bay. The Kittson property is located within the prolific Cobalt mining camp, which has produced over 420 million ounces of silver. The property includes two former mines, the Shakt Davies and Cobalt Kittson. These two mines saw limited production and differed from the typical cobalt camp in that they possessed low silver grades, but were enriched in cobalt and gold.
The Shakt Davies mine saw intermittent development from 1906 to 1964, with the bulk of the underground working completed between 1924 to 1926. No production records remain, however historic reports indicate values of 1.5 percent cobalt over 1.37 metres and select grab samples returning up to 4 percent cobalt and 93.3 g/t gold. More recent sampling done in 1987 of the mine waste pile by the Ontario Geological Survey personnel returned 0.25 percent cobalt, 0.75 percent nickel, 0.05 percent copper and 3.4 g/t gold.
Power Americas Minerals Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, copper and other energy metals in North and South America.Disclaimer: ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.