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 […]

Metals & Minerals News

Power Metal increases uranium stake in Soaring Bay

Power Metal Resources plc has increased its stake in Soaring Bay by 71% to 79.07km2 following a review of the uranium property in northern Saskatchewan, Canada. LICENCES The company’s Canadian uranium portfolio includes seven 100% owned interests now covering an area of 450.01km2 (45,001 hectares). Soaring Bay lies is approximately 100km south of the Athabasca Basin.  FINDINGS […]

Metals & Minerals News

Power Metal mulls sale of Reitenbach at Athabasca

Power Metal Resources plc said it was reviewing strategies, including a sale, for its Reitenbach uranium property at Athabasca in northern Saskatchewan, Canada. STRATEGY The company has also recruited a uranium-focused team member to advance its interests. Reitenbach (146km2) is one of Power Metal’s seven 100% owned interests in its Athabasca portfolio covering a total […]

Metals & Minerals News

Power Metal completes historic datasets for uranium assets

Power Metal Resources plc has completed compilation of in-depth historic data ahead of exploration across its uranium portfolio surrounding the prolific Athabasca Basin in Saskatchewan, Canada. EXPLORATION The company said its fully digitised database covering its seven 100% owned interests over 411.96km2 was drawing interest from third parties. As an example, following technical surveys and analysis, […]

Metals & Minerals News

Power Metal steps up uranium campaign

Power Metal Resources plc has further increased its uranium portfolio by 54% at its 100% owned interests surrounding the Athabasca Basin in northern Saskatchewan, Canada. DATA The company has added 144.84 km2 and now holds 411.96 km2 (41,196 ha) with the additional ground (54.2%) staked around Thibaut Lake, Clearwater and Reitenbach properties. Power Metal said it was compiling historic data from […]

Metals & Minerals News

Power Metal enters uranium exploration

Power Metal Resources plc has staked claims for four 100% owned uranium exploration properties comprising seven licences surrounding the Athabasca Basin in Saskatchewan, Canada. BUSINESS Acquired through its local subsidiary, the properties include Clearwater, Tait Hill, Thibaut Lake and Soaring Bay which cover a combined 10,869 hectares (109km2). The area hosts some of the world’s “largest […]