Power Metal Resources plc has exercised its option to acquire the Coco East property located on the prospective Schreiber-Hemlo greenstone belt, in northwest Ontario. TARGETS Coco East is the second of four gold exploration properties for which the company has an exclusive option to acquire a 100% interest. The acquisition follows Power Metal’s recent acquisition […]
Day: 15 November 2024
Alba to start field work on Gwynfynydd gold mine
Alba Mineral Resources plc announced it would begin its first field work on Gwynfynydd gold mine in the next planned phase of work at its Dolgellau gold exploration project in north Wales. The project encompasses parts of the Dolgellau gold field that lie outside the footprint of the site’s two mines; Clogau-St David’s gold mine […]
Power Metal losses narrow as global scope rises
Power Metal Resources plc reported it last year narrowed losses and increased its interests as it quickened the pace of its base and precious metals business. FINANCES In its audited results for the year to 30 September 2020, the company reported a loss of £1.4 million (2019: £1.6m). At the year end, Power Metal held […]