Power Metal Resources plc reported further high gold grades and 175 metres continuity of gold mineralisation in its final assays from the drilling programme at Tati near Francistown, Botswana. RESULTS The results, from six remaining holes, follow last week’s positive results from the first three drill holes of the nine-hole reverse circulation (RC) programme on […]
Tag: Power Metal Resources plc
Power Metal conditionally sells second uranium asset
Power Metal Resources plc has conditionally sold its second uranium property of E-12, immediately south of the Athabasca Basin in Northern Saskatchewan, Canada. TEATHERS The 13km2 property is under acquisition by Teathers Financial plc, subject to its listing by 31 December 2022. Teathers will pay £250,000 in 20,142,853 new ordinary shares of 0.1p each at an issue price of 1.24114 pence, and […]
Power Metal intersects bonanza-high grade gold at Tati
Power Metal Resources plc has intersected bonanza and high grade gold from its drilling programme at the Tati project within the Tati greenstone belt near Francistown, Botswana. TATI In April, the owner-operator extended its licence area to cover the formerly producing Cherished Hope gold mine and a large gold-in-soil anomaly. During the August, drilling began on nine […]
Teathers Financial appoints Alexander Barblett as NED
Teathers Financial plc has appointed Alexander Barblett as a non-executive director (NED) of the company. Companies House recorded the appointment effective from 24 October 2022. Mr Barblett has more than 25 years of senior management experience across numerous sectors. He is an experienced director and adviser for private and listed companies, in relation to raising […]
Power Metal notes Golconda anomalous mineralisation
Power Metal Resources plc noted identification of three zones of strongly anomalous arsenic and gold mineralisation at the Golconda Summit property in Nevada, USA. PRIORITY The company’s 83.13% owned subsidiary Golden Metal Resources plc made the discovery from historical dataset of a high-resolution geochemical soil survey covering the whole project. Rock sample assays results from […]
Power Metal heritage survey clears site drilling at Wallal
Power Metal Resources plc has received approval to start site drilling at the Wallal gold-copper project in the Paterson Province of Western Australia. HERITAGE CLEARANCE The company’s interests in projects in the area are held through its 62.12% subsidiary First Development Resources plc (FDR), which is due to be soon listed in the London capital markets. Wallal is one […]