Power Metal Resources plc’s uranium joint venture has expanded its portfolio by acquiring the Pardoe project, 35km southeast of the Athabasca Bain in northern Saskatchewan, Canada.
TARGETS
The company said that the acquisition lies in an area with over 33km of inferred geophysical linear constructors and multiple historical uranium occurrences.
Pardoe has never been subject to “significant targeted or systematic exploration”.
Fermi Exploration Ltd, established as a JV earlier in December, has reviewed historical exploration data and identified five areas for proposed fieldwork next Summer.
The targets comprise Grant Lake, Johnson Lake, Pardoe Bay, Johnson Narrows and Pardoe Central.