Power Metal Resources plc reported “high grade” assay results from rock samples at three of its uranium properties at the Athabasca basin area of Saskatchewan. PROSPECTIVITY In its phase I field programme between August and October 2022, the company collected a total 46 rock samples including 29 samples from Tait Hill and eight each from Thibaut Lake and […]
Tag: uranium
Teathers appointment of director Benjamin Turney ends
Teathers Financial plc’s appointment of Matthew Benjamin Turney as a director has been terminated. Companies House recorded the change effective from 3 November 2022. Mr Turney was first appointed on 13 November 2020.
Power Metal acquires Badger Lake uranium project
Power Metal Resources plc has expanded its uranium portfolio with a new property and increased the footprint of an existing one in the Athabasca Basin area, Saskatchewan, Canada. EXPLORATION Badger Lake covers 16.71km2 and takes the company’s uranium holding in the region to 12 properties, including the conditional sale of Reitenbach, with a combined area of 829.58km2. […]
Teathers to be renamed Uranium Energy Exploration
Power Metal Resources plc’s planned new uranium-focused subsidiary Teathers Financial plc will be renamed as Uranium Energy Exploration plc (UEE). LISTING The change will come into force after completion of UEE’s acquisition of Power Metal’s Reitenbach property east of the Athabasca basin in Saskatchewan. The new name will also be used for the subsidiary’s planned listing in London. […]
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 […]
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 (ÂŁ59,000) […]