Power Metal Resources plc’s uranium joint venture has signed an exploration agreement with a group of First Nations for exploration in Northern Saskatchewan, Canada. COLLABORATION Fermi Exploration Ltd and Ya’thi Néné Lands and Resources (YNLR) have also agreed a “mutual commitment to fostering a sustainable and collaborative relationship in the Athabasca region”. Owned by three First Nations […]
Tag: Athabasca – Saskatchewan – Canada
Power Metal JV notes uranium target at Tait Hill
Power Metal Resources plc’s uranium joint venture, Fermi Exploration, has identified a “significant” intrusion-related target at the Tait Hill property just outside the Athabasca Basin in Saskatchewan, Canada. PROMISING Results from sampling by the JV with UCAM Ltd confirmed a “well defined” 1km by 500m target, the ‘Antler Zone’, initially identified from historical survey data. […]
Power Metal uranium JV expands portfolio
Power Metal Resources plc’s uranium joint venture has expanded its portfolio by acquiring the Pardoe project, 35km southeast of the Athabasca Bain in northern Saskatchewan, Canada. TARGETS The company said that the acquisition lies in an area with over 33km of inferred geophysical linear constructors and multiple historical uranium occurrences. Pardoe has never been subject to “significant targeted […]
Power uranium JV renamed Fermi Exploration
Power Metal Resources plc’s uranium joint venture with UCAM Ltd has been named Fermi Exploration Ltd. The company said that the name commemorated the pioneering work of Italian-American physicist Enrico Fermi in developing the first nuclear reactor. Fermi Exploration is registered in Vancouver, Canada. The JV’s assets include all licences previously held by Power Metal in […]
Power Metal JV defines new target at Perch River
Power Metal Resources plc’s joint venture has defined a new target area at the Perch River uranium project within the Athabasca Basin in Saskatchewan. SURVEYS The company and partner UCAM Ltd completed helium, hydrogen, radon and soil geochemistry surveys to delineate the Rapids target. The new area consists of “multiple overlapping geochemical and radon anomalies” within a […]
Power Metal completes uranium JV
Power Metal Resources plc has completed the formation of a uranium-focused joint venture involving all its uranium licences, with UCAM Ltd. MODEL The company’s Saskatchewan portfolio includes Perch River; Tait Hill; Cook Lake; Reitenbach; Thibault Lake; Clearwater; Soaring Bay; E12; and the most recently acquired Drake Lake – Silas in Newfoundland and Labrador. Airborne electromagnetic surveys are pending for […]