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 […]
Tag: uranium
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 […]
Power Metal subsidiary in Australia raises £1.1m
Power Metal Resources plc said its subsidiary First Development Resources Ltd (FDR) had raised £1,125,000 ahead of planned listing in Q3 2022 on the London capital markets. FDR FDR is focused on gold-copper, uranium-rare earth element and potential lithium targets in Western Australia’s Paterson Province and the Northern Territory. Money raised will allow FDR to self-finance its operations including IPO listing advisory […]
Power Metal subsidiary develops Australia targets
Power Metal Resources plc said it was preparing for the most effective way to develop target areas in its gold, rare earth element (REE) and uranium projects in Australia. WALLAL-BRAESIDE WEST-RIPON HILLS The company owns 83.33% of local company First Development Resources Ltd (FDR), which plans to list on the London capital markets in Q3 2022. FDR recently completed a […]
Power Metal notes ‘significant prospectivity’ at Athabasca
Power Metal Resources plc said its completed technical review of historical data showed “significant uranium prospectivity” at its portfolio surrounding the Athabasca Basin in Saskatchewan, Canada. DATA ROOMS The company holds seven properties which cover a total 450.01km2 (45,001ha). “We now have seven data rooms available which can be used for external third-party discussions, and also for internal […]
Power Metal increases uranium stake in Soaring Bay
Power Metal Resources plc has increased its stake in Soaring Bay by 71% to 79.07km2 following a review of the uranium property in northern Saskatchewan, Canada. LICENCES The company’s Canadian uranium portfolio includes seven 100% owned interests now covering an area of 450.01km2 (45,001 hectares). Soaring Bay lies is approximately 100km south of the Athabasca Basin. FINDINGS […]