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Power Ore focused on delivering Robitaille and Cooke technical report as quickly as possible

The two properties are part of a February acquisition boosting the company’s flagship Opemiska Copper Complex property to 9,852 hectares

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Power Ore's assets are located near the town of Chapais, Quebec within the prolific Chibougamau region

Power Ore Inc (CVE:PORE) told shareholders Tuesday that it is committed to delivering a technical report on its newly acquired Robitaille and Cooke properties in Quebec as quickly as possible.

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.

Both Robitaille and Cooke are former-producing mines owned and operated by Falconbridge, which is now part of major mining company Glencore PLC (LON:GLEN).

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: Power Ore

Price: 0.06 CAD

TSX-V:PORE
Market: TSX-V
Market Cap: $3.46 m
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Watch

Full interview: PowerOre makes transformative move by acquiring land near...

Power Ore (CVE: PORE) CEO Stephen Stewart joined Steve Darling from Proactive in Toronto to discuss the company making a major move picking up land near their current projects in Quebec. Stewart discusses how much they have acquired and what work they are planning to do this year on it.

on 28/2/20

2 min read