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Power Metal (POW) Share News

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IN BRIEF: Evrima investee says drilling at Molopo Farms has begun

26th Sep 2022 08:10

Evrima PLC - mining and exploration investor - On Thursday last week, notes update from partner Power Metal Resources PLC, which says inaugural drilling at Molopo Farms Complex project in Botswana has started. Power Metal says diamond core drilling at drillhole DDH1-6B is now underway and is targeting a "large southerly dipping conductor that was identified by the company's recently completed moving loop electromagnetic geophysics survey over the priority target area 1-6". Read More

TRADING UPDATES: AB Dynamics revenue up; SDI Group trades in line

21st Sep 2022 20:02

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

Power Metal announces Molopo update with drilling to begin soon

15th Sep 2022 15:49

(Alliance News) - Power Metal Resources PLC on Thursday said that it has completed surveying and modelling at its Molopo Farms Complex project in Botswana. Read More

TRADING UPDATES: BH Macro NAV rises; Rambler warns on balance sheet

9th Sep 2022 19:11

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Zinnwald upbeat; Nanoco-Samsung trial delay

7th Sep 2022 21:42

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

Power Metal raises GBP1 million for drilling at Molopo Farms

5th Sep 2022 12:36

(Alliance News) - Power Metal Resources PLC shares rose on Monday after it announced it has secured funding for its drilling programme in Botswana. Read More

IN BRIEF: Power Metal completes Tati project drilling programme

2nd Sep 2022 15:43

Power Metal Resources PLC - metals exploration company focused on North America, Africa and Australia - Completes drilling programme at the Tati gold project in Botswana, in which 490 metres were drilled across nine holes for an average drill-hole depth of 55 metres. Read More

IN BRIEF: Power Metal buys Durrant Lake uranium property in Canada

2nd Sep 2022 11:55

Power Metal Resources PLC - metals exploration company focused on North America, Africa and Australia - Buys Durrant Lake uranium property, located in the Athabasca Basin area in Saskatchewan, Canada, through claim staking. Says claims have been registered with the Mineral Administration Registry Saskatchewan at a total cost of CAD3,519, about GBP2,315. Claims will remain valid for two years. Read More

TRADING UPDATES: Kropz gets more cash; Audioboom releases new podcasts

1st Sep 2022 21:55

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Power Metal signs drill deal with Mindea at Molopo Farms

30th Aug 2022 13:18

Power Metal Resources PLC - metals exploration company focused on North America, Africa and Australia - Signs drill deal with Mindea Exploration and Drilling Services Ltd, a Botswana-based company with drilling experience in-country, for about 2,600 metres of diamond drilling at the Molopo Farms Complex project in southwestern Botswana. Says drilling is scheduled to start in mid-September this year. Read More

IN BRIEF: Power Metal Resources subsidiary completes surveys in Nevada

26th Aug 2022 14:37

Power Metal Resources Ltd - metals exploration company focused on North America, Africa and Australia - Announces completion of high-resolution soil geochemical survey over Garfield project in Nevada via its 83% owned subsidiary Golden Metal Resources Ltd. Says 453 soil samples were collected and delivered to an ALS Ltd assay laboratory in Reno, Nevada. Targets drilling for copper-gold-silver mineralisation once results arrive. Further, Golden Metal completes 3D induced polarisation geophysics survey over the Pilot Mountain project in Nevada. Once results are available, aims to drill for tungsten, copper, silver and zinc resources. Read More

IN BRIEF: Power Metal Resource up as preparations at Molopo advance

23rd Aug 2022 11:28

Power Metal Resources PLC - London-based metals exploration company focused on North America, Africa and Australia - Says the preparations for its first managed and operated diamond drill programme at the Molopo Farms project in Botswana are progressing "at pace." Expects to announce the date for the start of drilling shortly. Plans to target the core of the conductor south of K1-6, with multiple drillholes planned of varying positions. Says precision drill hole targeting work at K1-6 is underway. Read More

AIM WINNERS & LOSERS: Alba Mineral rises on Clogau ownership deal

23rd Aug 2022 10:59

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More

IN BRIEF: Power Metal begins drilling at Tati Gold project in Botswana

22nd Aug 2022 17:43

Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Begins reverse circulation drilling at its 100% owned Tati Gold project in Botswana. The drill is targeting near-surface high-grade gold mineralisation. 500 metres of drilling is planned within nine holes. It is expected to take one week to complete. Company also waits laboratory assay result from sampling of fines dumps from its Cherished Hope gold mine. Read More

LONDON MARKET CLOSE: FTSE 100 climbs into green on back of miners

16th Aug 2022 17:03

(Alliance News) - Stocks in London ended Tuesday in the green, with mining heavyweights pushing the blue chips higher after peer BHP assuaged fears over potentially weakened demand. Read More

IN BRIEF: Power Metals shares jump on magnetic conductor discovery

16th Aug 2022 11:31

Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Completes two ground-based eletromagnetic geophysics surveys at its Molopo Farms Complex project in Botswana. Preliminary results highlight a large shallow dipping magnetic conductor at drillhole K1-6. A planned diamond drill programme's start date has now been brought forward. It will now focus on testing the central and stronger part of this magnetic conductor. Read More

IN BRIEF: Power Metal begins phase one programme at Athabasca Basin

10th Aug 2022 17:58

Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Says phase one work programme now underway at Clearwater, Tait Hill and Thibault Lake properties at Athabasca Basin, Saskatchewan, Canada. Phase II programme is under preparation for Soaring Bay property. At Thibault Lake, exploration team are prioritising initial follow-up work after 2021 mapping and sampling programme return uranium samples assays of up to 3.86% uranium oxide. Says the programme will use handheld gamma-ray field spectrometer for real time radiometric analysis and mapping, with laboratory assays to include tests for uranium, rare earth elements, transition metals and precious/base metals. Read More

IN BRIEF: Power Metal Resources sells Reitenbach to Teathers Financial

8th Aug 2022 11:54

Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Agrees to sell its 100%-owned Reitenbach uranium property, in the Athabasca Basin in northern Saskatchewan, Canada, to Teathers Financial PLC for GBP360,000 in new shares and GBP10,000 cash. Power Metal will receive 98.7 million shares at 0.35 pence each. Firm notes its subsidiary Power Sask will retain 2% a net smelter return royalty for the project. Says the subsidiary still holds 9 uranium properties after Reitenbach sale. Read More

TRADING UPDATES: 4D Pharma warns of wind-up; Star Phoenix files claim

5th Aug 2022 14:58

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Power Metal and Red Rock assess historical Ajax mines

1st Aug 2022 15:42

Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - and Red Rock Resources PLC - London-based natural resource development company with interests in Africa and Australia - Joint venture New Ballarat Gold Corp completes assessment of licence in Victoria Goldfields containing the historic Ajax mines, which confirms initial historical target of 254,318 tonnes to 1.42 million tonnes at a grade range of 6.4 grams per tonne to 18.7 g/t. Read More

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