Metals & Minerals News

Power Metal to refine uranium exploration targets

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 […]

Finance Metals & Minerals News

Power Metal sells Reitenbach uranium property

Power Metal Resources plc has conditionally sold its 100% owned Reitenbach uranium property east of the Athabasca Basin in Northern Saskatchewan, Canada. TEATHERS FINANCIAL Teathers Financial plc will buy Reitenbach which is one of Power Metal’s ten uranium properties. The investment company was incorporated in the UK on 1 March 1907 under its former name of CA Sperati […]

Metals & Minerals News

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 […]

Metals & Minerals News

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 […]

Metals & Minerals News

Power Metal looks to West Africa uranium

Power Metal Resources plc has further expanded its uranium portfolio with its first venture into Togo, West Africa. TARGETS The company already has uranium interests in Saskatchewan, Canada and the Northern Territory, Australia. Power Metal added that existing project targets had been established in Togo and that it was planning next stages of exploration as well as […]

Metals & Minerals News

Power Metal plans mapping and sampling at Selta

Power Metal Resources plc’s subsidiary plans mapping and surface sampling of prospective lithium targets at its Selta uranium-rare earth project in the Northern Territory, Australia. BUSINESS STRUCTURE First Development Resources Ltd (FDR), 82.78% owned by Power Metal, conducted a specific review on lithium following a recent in-depth data review covering the licence area. Selta is held within URE […]