Vancouver, British Columbia--(Newsfile Corp. - April 20, 2017) - Power Americas Minerals Corp. (TSXV: PAM)("Power Americas" or the "Company") is pleased to announce the appointment of Mr. Neil Pettigrew, M.Sc., P.Geo. to its board of directors and to provide 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 VP-Exploration and a director of East West Resources Corp., VP-Exploration of PC Gold Inc., and as CEO of Fairmont Resources Inc. where he remains a director.
Mr. Pettigrew, M.Sc., P.Geo is a founder, part owner and Vice President of Fladgate Exploration Consulting Corporation of Thunder Bay, ON, 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 announces 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 to the Company during his appointment to the Board of Directors and wishes him well in his future endeavors.
Finally, the Company has completed initial compilation and planning on its Kittson Colbalt Property's (see news release 01-23-17) upcoming exploration and drill program. The exploration program will consist of initial geological reconnaissance consisting of prospecting, geochemical sampling, and detailed mapping, followed up 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 5 unpatented mining claims totaling 68 units having a combined area of approximately 1,090 hectares, located approximately 8 km northwest of the town of Latchford and 120 km by road north of North Bay. The Kittson Cobalt 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 - 1964, with the bulk of the underground working completed between 1924 - 1926. No production records remain, however historic reports indicate values of 1.5% cobalt over 1.37 meters and select grab samples returning up to 4% cobalt and 93.3 g/t gold. More recent sampling (1987) of the mine waste pile by the Ontario Geological Survey personnel returned 0.25% cobalt, 0.75 % nickel, 0.05% copper and 3.4 g/t gold.
The technical content of this news release has been reviewed and approved by James Place, P. Geo., a director of the Company, and a qualified person as defined by National Instrument 43-101.
About Power Americas Mineral Corp
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. The Company's shares are listed and posted for trading on the TSX Venture Exchange under the symbol "PAM" and on the Frankfurt Exchange under the symbol "VV0".
On behalf of the Board of Directors:
"Jeffrey Cocks"
Jeffrey Cocks
President & CEO
For more information please contact:
Howard Milne V.P. Business Development
Tel: (604) 377-8994Email:hdmcap@shaw.ca
Website: www.poweramericascorp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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