Power Metal Resources plc has further increased its uranium portfolio by 54% at its 100% owned interests surrounding the Athabasca Basin in northern Saskatchewan, Canada. DATA The company has added 144.84 km2 and now holds 411.96 km2 (41,196 ha) with the additional ground (54.2%) staked around Thibaut Lake, Clearwater and Reitenbach properties. Power Metal said it was compiling historic data from […]
Tag: metals and minerals
Alba spinout GreenRoc identifies graphite extensions at Kalaaq
Alba Mineral Resources plc said that its portfolio company GreenRoc Mining plc had identified significant graphite extensions at the Kalaaq deposit in Greenland. BUSINESS STRUCTURE The project lies south of Alba’s 100% owned Amitsoq graphite project and is run by GreenRoc in which Alba holds a 54% interest. FIELD PROGRAMME GreenRoc plc said that a […]
Altus finds further hard rock gold workings in Eastern Desert
Altus Strategies plc has discovered further hard rock artisanal gold workings from field reconnaissance at its 100% owned Gabal Al-Shalul and Wadi Jundi projects in the Eastern Desert of Egypt. CONFIRMATION The two projects comprise 1,044 km2 of Altus’ total landholding of 1,565 km2 in the Eastern Desert. The 14 hard rock artisanal gold workings […]
Power Metal investee Katoro raises £815,000
Power Metal Resources plc’s investee Katoro Gold plc has raised £815,000 from a placing of 81,500,000 new ordinary shares at 1 pence per share, of par value £0.01 each. Power Metal holds a direct 35% interest in the company as well as 10,000,000 shares and 10,000,000 warrants.
Power Metal starts campaign to increase uranium interests
Power Metal Resources plc said it had started a campaign to increase significantly its uranium portfolio as it staked additional claims around the Athabasca Basin in northern Saskatchewan, Canada. EXPANSION Power Metal has three times increased its 100% owned uranium portfolio in Canada since staking its first four claims in mid-September. The company today announced it had […]
Kavango appoints Brett Grist as COO designate
Kavango Resources plc has appointed Brett Grist as chief operating officer designate. Mr Grist, currently exploration manager of Cornwall Resources Ltd, will join Kavango on 7 February 2022 and the company board as an executive director. He has worked in geological and management roles as CEO, director, and exploration manager, taking projects from early exploration […]