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 […]
Tag: Canada
Power Metal increases Canadian uranium assets
Power Metal Resources plc has increased its Canadian uranium portfolio to 10 properties and plans more acquisitions in the area surrounding the prolific Athabasca Basin in Saskatchewan, Canada. PROPERTIES The three new properties, covering 271km2, include Porter Lake, Old Woman Rapids and Reindeer Lake and take the company’s total holding to 721km2. TERMS Power Metal’s costs […]
Power Metal confirms uranium exploration targets
Power Metal Resources plc has confirmed uranium exploration targets across four properties in the company’s portfolio surrounding the Athabasca Basin in Saskatchewan, Canada. PORTFOLIO The company’s uranium assets comprise seven properties of Thibaut Lake, Clearwater, Tait Hill, Soaring Bay, Cook Lake, E-12 and Reitenbach. The targets are on Tait Hill, Soaring Bay, Clearwater and Thibault Lake. EXPLORATION Power Metal added that […]
Power Metal reports high grade overlimit assay results at Silver Peak
Power Metal Resources plc reported high grade overlimit assay results from its 2021 diamond drilling exploration campaign at the Silver Peak project in British Columbia. SIGNIFICANT Phase 1 of the programme comprised 19 short cored drill holes with overlimit assays on all copper, antimony and lead results which returned >10,000 ppm (1%) from the original laboratory […]
Power Metal starts campaign to increase uranium interests
Power Metal Resources plc said it had started a campaign to increase significantly its uranium portfolio as it staked additional claims around the Athabasca Basin in northern Saskatchewan, Canada. EXPANSION Power Metal has three times increased its 100% owned uranium portfolio in Canada since staking its first four claims in mid-September. The company today announced it had […]
Chesterfield completes initial study on Adeline
Chesterfield Resources plc has completed an initial field programme on its new 300 km2 Adeline copper exploration project in Labrador, Canada. ADELINE During due diligence and following the acquisition, Chesterfield re-evaluated all historic data using modern techniques and software. “This provided the basis for a two-month helicopter-supported field study across a number of existing targets, […]