Power Metal Resources plc’s uranium joint venture with UCAM Ltd has been named Fermi Exploration Ltd.
The company said that the name commemorated the pioneering work of Italian-American physicist Enrico Fermi in developing the first nuclear reactor.
Fermi Exploration is registered in Vancouver, Canada.
The JV’s assets include all licences previously held by Power Metal in and around the Athabasca Basin in Saskatchewan and the recent addition of Drake Lake-Silas in Newfoundland and Labrador.