Power Metal Resources plc bought 51,300 of its own ordinary shares of two pence each at a price of 15.2p per ordinary share. TVRs The 21 January purchase was followed by that on 26 January 2026 of 250,000 ordinary shares. All the acquired shares will be held in treasury, which now has 1,994,161 shares. Following the acquisitions, […]
Tag: Balthaga – Arabian Shield
Power Metal to increase holding in Balthaga
Power Metal Resources plc is due to start the next stage of exploration to increase its interest in the Balthaga polymetal and minerals project, located mid-way between Riyadh and Jeddah in Saudi Arabia. DRILL TARGETS The 13 contiguous exploration licences, covering an aggregate 1,290 km2, are prospective for tin, tungsten, lithium, beryllium, molybdenum, niobium, tantalum […]
Power Metal finishes initial Balthaga exploration
Power Metal Resources plc has completed initial field exploration on the Balthaga lithium project 450km east of Jeddah in the southeast of the Arabian Shield. GEOLOGY A total of 43 in-situ rock chip samples were taken from targets visited while new areas were identified during the seven-day programme over more than 1,200 km2. The programme is included in the […]