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: Silver Peak – silver – British Columbia – Canada
Power Metal looks to sell Silver Peak interest
Power Metal Resources plc has signed an option agreement to sell its 30% interest in Silver Peak Resources Ltd, holding the historic Eureka-Victoria silver mine in southern British Columbia. STREAMLINE In 2020, the company exercised an earn-in option to the project and committed CA$225,000 to ground exploration. In April the following year, Power Metal and joint […]
Power Metal reports high grade overlimit assay results at Silver Peak
Power Metal Resources plc reported high grade overlimit assay results from its 2021 diamond drilling exploration campaign at the Silver Peak project in British Columbia. SIGNIFICANT Phase 1 of the programme comprised 19 short cored drill holes with overlimit assays on all copper, antimony and lead results which returned >10,000 ppm (1%) from the original laboratory […]
Power Metal reports bonanza grades from diamond drilling at Silver Peak
Power Metal Resources plc announced bonanza grades from its 2021 diamond drilling exploration programme on the Silver Peak project in British Columbia, Canada. PHASE I The company completed 19 short-cored drill holes using Shaw or Hilti portable drills, producing 34mm diameter core samples. INTERCEPTS Power Metal said that assay analysis showed that 10 out of the 19 […]
Power Metal intersects Victoria vein at Silver Peak
Power Metal Resources plc has intersected the high-grade Victoria vein in all 12 diamond drill holes out of a planned 25-hole programme at the Silver Peak project in British Columbia, Canada. Located on Silver Peak Mountain, the project includes the Eureka-Victoria silver mine which is covered by the first ever Crown-granted mineral claim within the province. Power […]
Power Metal restarts diamond drilling at Silver Peak, Canada
Power Metal Resources plc has restarted diamond drilling at the Silver Peak project in British Columbia, Canada. The project includes the Eureka-Victoria silver mine which is covered by the first ever Crown-granted mineral claim within the Province. The company conducted due diligence, testing the Victoria vein, during summer 2020 before heavy snowfall halted the drill programme in November 2020. […]