Metals & Minerals News

Power Metal stakes first uranium claim within Athabasca

Power Metal Resources plc has acquired its first uranium claim within the Athabasca basin area in Saskatchewan. TERMS Durrant Lake covers 58.66km2 within the eastern side of the Athabasca basin and is the company’s eleventh property with a combined area of 780km2. The property is bordered on three sides by claims held by uranium companies Orano SA, Denison Mines Corp […]

Metals & Minerals News

Sunrise notes extensive trenching plans at Pioche

Sunrise Resources plc reported an application for extensive trenching programme at the company’s sepiolite project near the historic mining town of Pioche in Lincoln County, Nevada, USA. SURFACE MAPPING The project is under a $1.25 million sale option to Tolsa USA Inc which submitted the notice to the US Bureau of Land Management (BLM) for […]

Metals & Minerals News

Power Metal granted South Australia IOCG licence

Power Metal Resources plc has been granted its first exploration licence, covering 999km2, for a potential iron oxide-copper-gold (IOCG) deposit in the Anna Creek area of South Australia. GAWLOR CRATON The company submitted an application for two licences in October 2021. Licence EL6819 is valid for six years ending 24 August 2028, subject to a minimum exploration spend of A$100,000 (£59,000) […]

Metals & Minerals News

Hummingbird completes more than 50% of Kouroussa

Hummingbird Resources plc reported further high-grade assay results and completion of more than 50% of Kouroussa gold mine in Guinea. DEVELOPMENT Final assay results from the 2021 infill drilling campaign relate to 27 drill holes for 4,138 metres at the key deposit of Koekoe (KK) and include 9.0m @ 32.60 g/t from 116m. The new […]