Power Metal Resources plc has agreed to a 75% strategic interest in a UK special acquisition vehicle which will acquire outright copper-gold focused First Development Resources (Pty) Ltd (FDR Australia) in Western Australia. EXPLORATION VEHICLE FDR Australia’s interests lie in the Paterson Province in the eastern Pilbara region. In January 2021, Power Metal secured an […]
Tag: First Development Resources Pty Ltd
Power Metal given extension for Cu-Au option in Paterson
Power Metal Resources plc has secured a short extension to its option to acquire First Development Resources (Pty) Ltd with copper-gold exploration interests in the Paterson Province in the eastern Pilbara Region of Western Australia. In January, the junior miner secured an exclusive 60-day option to acquire the Australian company to increase its interests in […]
Power Metal targets second Australia acquisition
Power Metal Resources plc said it had secured an exclusive 60-day option in a potential new acquisition of copper-gold interests in the Paterson Province in the eastern Pilbara Region of Western Australia. MAJOR CENTRES Chief executive Paul Johnson added that the company was keen to build its Australian base and precious metals exploration with the […]