Power Metal Resources plc has completed a desktop study and survey ahead of negotiations for a drill contract at its gold-copper Wallal project in the Paterson Province, Western Australia. LICENCES The company’s portfolio is through First Development Resources Ltd (FDR) and includes the Wallal tenements, Braeside West and Ripon Hills projects. Power Metal has a current effective interest of […]
Day: 15 November 2024
Court ruling allows UKOG to continue oil production at Horse Hill
UK Oil & Gas plc said that a court ruling has allowed it to continue oil production at Horse Hill in Surrey for the rest of the field’s commercial life. COURT OF APPEAL The company added that the Court of Appeal had refused an appeal by Finch et al to overturn the December 2020 Judicial […]
Power Metal receives £111,139 in options exercise
Power Metal Resources plc has raised £111,139 after receiving notices to exercise options by a former director. The exercise of options is over 11,113,929 new ordinary shares of 0.1 pence each in the company at an exercise price of 1.0 pence per new ordinary share.