Power Metal Resources plc has created a separate pool of 25 million warrants as an incentive for business advisers, consultants and in-country teams supporting the company. GROWTH The company said that the adviser warrant pool would be for those who are, or may become, key to business growth and development and have been, or may […]
Tag: Power Metal Resources plc
Power Metal appoints Owain Morton as NED
Power Metal Resources plc has appointed Owain Morton as a non-executive director with immediate effect. Mr Morton, based in the UK, is an associate partner – Mining & Metals SME with IBM providing multi-sector business services and technology consulting. His previous roles include technology and innovation manager for Glencore Global, technical strategy and risk management and operations […]
Power Metal acquires Badger Lake uranium project
Power Metal Resources plc has added a further property to and expanded an existing one in its uranium portfolio in the Athabasca Basin area in Saskatchewan, Canada. BADGER LAKE Badger Lake covers 16.71km2 and takes the company’s uranium holding in the region to 12 properties, including the conditional sale of Reitenbach, with a combined area of 829.58km2. The […]
Power Metal adds third major target for Molopo drill
Power Metal Resources plc has identified a third drill target at its 1,723km2 nickel-copper-platinum group element (PGE) project at Molopo Farms Complex in southwest Botswana. T1-3 Final analyses of MLEM surveys, which previously denoted targets T1-6 and T2-3 as priorities, have also highlighted a “significant ‘jelly-bean’ shaped, geophysical conductor” at target area T1-3. The company said […]
Power Metal identifies second notable conductor at MFC
Power Metal Resources plc has identified a second large geophysical conductor at the Molopo Farms Complex nickel-copper-platinum group element (PGE) project, southwest Botswana. T2-3 The company previously identified at target area T-16 where two holes are currently being drilled. Power Metal’s most recent findings follow anaylsis of data from ground-based electromagnetic (EM) as well as magnetic […]
New Ballarat completes Berringa acquisition
New Ballarat Gold Corporation plc has completed the acquisition of the historic Berringa gold mine in the Victoria gold fields in Australia. LICENCE The joint venture subsidiary is between Red Rock Resources plc (50.1%) and Power Metal Resources plc (49.9%). The subsidiary’s holding company Red Rock Resources Australasia plc (RRAL) initially signed the agreement in […]