Power Metal Resources plc has acquired 100% of First Development Resources Pty Ltd (FDR Australia) following the grant of the final copper-gold licence in the Paterson Region of Western Australia. REVISED AGREEMENT Earlier in 2021, the company made an offer, conditional on the granting of the final licence in the Wallal project, for 75% of the Australian company. […]
Tag: uranium
Power Metal increases uranium licences
Power Metal Resources has staked additional ground and started Phase 1 work programme on prospective uranium areas surrounding the Athabasca Basin in northern Saskatchewan, Canada. HISTORIC DATA The company also reported that compilation data for the Tait Hill property demonstrated uranium mineralisation on the property and extending outside of the previous property boundary. Compilation of data for the Clearwater property […]
Power Metal more than doubles uranium assets
Power Metal Resources plc said it was looking for more international uranium properties after more than doubling its land package within the Athabasca Basin in northern Saskatchewan, Canada. PROPERTIES Earlier in September, the company acquired its first uranium properties of Clearwater, Tait Hill and Soaring Bay which have all been expanded. Power Metal’s uranium portfolio now also includes […]
Power Metal enters uranium exploration
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 […]