Metals & Minerals News

Power Metal increases Athabasca portfolio

Power Metal Resources plc has added a further property to its uranium portfolio in and around the Athabasca Basin in Saskatchewan, Canada. GREENFIELD Richards Lake, covering 3,109.26 hectares (31.09 km2), lies within the northern edge of Athabasca Basin and 14km south of the Fond du Lac uranium deposit.  The company said that the property had […]

Metals & Minerals News

Power Metal increases uranium assets

Power Metal Resources plc has staked two further uranium properties, taking its total to 16 in Saskatchewan, and plans to extend the portfolio to other regions. HAWKROCK The acquisitions include Hawkrock East and Hawkrock West, each 12km apart, and covering a combined 4,280 hectares (42.80km2) within the prospective Snowbird Tectonic Zone (STZ) in the northeastern corner of […]

Metals & Minerals News

Power Metal stakes two further uranium assets

Power Metal Resources plc has staked two further uranium properties, taking the total to 14 over 940km2 in its portfolio over the Athabasca basin area in Saskatchewan, Canada. PROSPECTIVITY The company said that the acquisitions represented some of “the most significant additions” to its uranium portfolio. Power Metal paid C$5,842.34 (£3,600) for the properties which have a two-year […]

Metals & Minerals News

Power Metal reports high grade uranium samples

Power Metal Resources plc reported “high grade” assay results from rock samples at three of its uranium properties at the Athabasca basin area of Saskatchewan. PROSPECTIVITY In its phase I field programme between August and October 2022, the company collected a total 46 rock samples including 29 samples from Tait Hill and eight each from Thibaut Lake and […]

Metals & Minerals News

Power Metal acquires Badger Lake uranium project

Power Metal Resources plc has added a further property to and expanded an existing one in its uranium portfolio in the Athabasca Basin area in Saskatchewan, Canada. BADGER LAKE Badger Lake covers 16.71km2 and takes the company’s uranium holding in the region to 12 properties, including the conditional sale of Reitenbach, with a combined area of 829.58km2. The […]

Metals & Minerals News

Power Metal notes ‘significant prospectivity’ at Athabasca

Power Metal Resources plc said its completed technical review of historical data showed “significant uranium prospectivity” at its portfolio surrounding the Athabasca Basin in Saskatchewan, Canada. DATA ROOMS The company holds seven properties which cover a total 450.01km2 (45,001ha). “We now have seven data rooms available which can be used for external third-party discussions, and also for internal […]