Power Metal Resources plc has extended its uranium portfolio to within the Athabasca Basin ahead of beginning its largest exploration campaign in Saskatchewan. PERCH RIVER The two-year Perch River licences, covering 39.41km2, lie less than 10km from the northern Athabasca basin edge and are covered by Athabasca sandstone to an estimated depth of 50 to 200m. A […]
Tag: Canada
FCM publishes inaugural ESG policy statement
First Class Metals plc (FCM) has published its inaugural environment, social and governance (ESG) policy statement for its Canadian Schreiber-Hemlo landholding and the Sunbeam project. FIVE PILLARS The 2022 statement comprises five pillars of responsible stewardship, being a strong partner for local communities, an enabler of the energy transition, ensuring safe workplaces and operations, and […]
Obituary – executive and Anglesey NED Howard Miller
Mining executive and non-executive director of Anglesey Mining plc Howard Miller died on 22 December after a short illness. Mr Miller had been NED of Anglesey since 2001 and served as lead independent director from 2013 until his death. He began his career as a lawyer in South Africa, rising to senior partner at Johannesburg […]
Power Metal stakes first uranium claim within Athabasca
Power Metal Resources plc has acquired its first uranium claim within the Athabasca basin area in Saskatchewan. TERMS Durrant Lake covers 58.66km2 within the eastern side of the Athabasca basin and is the company’s eleventh property with a combined area of 780km2. The property is bordered on three sides by claims held by uranium companies Orano SA, Denison Mines Corp […]
i3 Energy increases quarterly production
i3 energy plc reported an increase in production as it progressed its interests in Canada and the UK North Sea. PRODUCTION The company’s Q2 2022 operational and financial report showed average production of 19,502 boepd, a 116% increase compared with Q2 2021 and an 8% increase from Q1 2022. i3 recorded the increase despite production […]
Power Metal to refine uranium exploration targets
Power Metal Resources plc said it was working to refine exploration targets at four of its properties in its uranium portfolio surrounding the Athabasca Basin, Saskatchewan, Canada. PHASE I The company will eventually progress the highest priority targets to a drill-ready stage. The Phase I work programme focuses on the Clearwater, Tait Hill and Thibault Lake properties to […]