The February acquisition boosted the company’s flagship Opemiska Copper Complex property from 797 hectares to 9,852 hectares.
However, the report may be delayed due to the unprecedented shutdown of businesses and free movement in light of the coronavirus (COVID-19) pandemic, the company acknowledged.
READ: Power Ore CEO says copper will benefit from policy decisions stemming from the coronavirus pandemic
“Given current Quebec travel restrictions due to the COVID-19 situation, the logistics behind completing this report is taking longer than anticipated,” Power Ore said in a statement.
“Power Ore is working to complete this report as expeditiously as possible under the current circumstances and will keep shareholders informed.”
Toronto-based Power Ore’s new land package is contiguous to its existing Springer and Perry projects as well as Yorbeau Resources’ Scott Lake deposit in Quebec. It covers nearly 12 kilometres of the Gwillin Fault, a major structural feature in the region that controls the area’s mineralization.
Power Ore said the package provides the company with significantly more exploration potential in the prolific region of Quebec.
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