Power Metals Corp. announce that it has entered into an agreement to acquire the Bromley Creek North Zeolite Project, situated near Princeton, British Columbia.
The Bromley Creek North Zeolite Project is part of Power Metals Corp.’s rapid expansion of their zeolite mineral projects with the objective being to capture demand growth from emerging agricultural and clean-technology sectors.
“With Power Metals acquisition of the Bromley Creek North Zeolite Project, we become the first publicly-traded zeolite company in Canada to hold zeolite projects on both the West Coast and East Coast of North America. We believe this continental approach provides our company with a tremendous first-mover advantage to be positioned for zeolite demand from multiple-markets and cross-selling opportunities given the varied zeolite subsets.
Our peers at Canadian Zeolite have mapped the presence of the Bromley Vale tephra, which hosts zeolites at their adjacent Bromley Creek quarry, to our property border, and we believe the zeolite exploration potential at Bromley Creek North to be highly-prospective. With our property neighbor already producing zeolite material, we believe if our zeolite exploration efforts prove successful that we may be able to rapidly mirror a similar development path on our adjacent zeolite project,” stated Johnathan More, Director of Power Metals.
Read the article online at: https://www.globalminingreview.com/finance-business/21082017/bromley-creek-north-zeolite-project-acquired-by-power-metals-corp/