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 […]
Tag: Power Metal Resource plc
Power Metal signs Pilot tungsten option
Power Metal Resources plc has signed a strategic option agreement to acquire a 100% interest in the tungsten-copper-silver-zinc Pilot Mountain project in Nevada. EXPLORATION The 5,908-acre project comprises four existing mineral deposits of Garnet, Good Hope, Gunmetal and Desert Scheelite which all hold “significant skarn-style tungsten-copper-silver-zinc mineralisation”. Pilot lies 200km southeast of Reno and hosts a […]
Power Metal intersects Victoria vein at Silver Peak
Power Metal Resources plc has intersected the high-grade Victoria vein in all 12 diamond drill holes out of a planned 25-hole programme at the Silver Peak project in British Columbia, Canada. Located on Silver Peak Mountain, the project includes the Eureka-Victoria silver mine which is covered by the first ever Crown-granted mineral claim within the province. Power […]
Power Metal completes sampling at Tati
Power Metal Resources plc has completed soil and rock sampling on its two gold-nickel licences in the Tati Greenstone Belt near Francistown, Botswana. WORKINGS Power Metal exercised an option to acquire a 100% interest in the project at the end of July 2021, through its local wholly owned operating subsidiary Power Metal Resources Botswana (Pty). The […]
Power Metal acquires further Ontario gold properties
Power Metal Resources plc has exercised its options to buy two further properties on the Schreiber-Hemlo greenstone belt in north-western Ontario, Canada. OPTION The Magical and Enable properties are the final two of four gold exploration properties on which the company signed an exclusive option to acquire a 100% interest. The move follows the company’s […]