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Power Metal (POW) Share News

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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

TRADING UPDATES: No Playtech Caliplay SPAC deal; SigmaRoc sales up

29th Jul 2022 21:20

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

Power Metal watches with interest as investee First Class floats

29th Jul 2022 20:40

(Alliance News) - First Class Metals PLC shares inched higher on its stock market debut in London on Friday. Read More

TRADING UPDATES: Skillcast expects revenue rise; Cap-XX solves dispute

27th Jul 2022 20:32

(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

IN BRIEF: Power Metal buys three new uranium properties in Canada

26th Jul 2022 15:03

Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Buys three uranium properties covering 271 square kilometres surrounding the Athabasca Basin in northern Saskatchewan, Canada, for a total of CAD137,500, equivalent of GBP88,872. Says the acquisition brings the total of the company's uranium interests to ten properties, encompassing 721 square kilometres. Read More

IN BRIEF: Power Metal Resources notes recent report on supply chains

22nd Jul 2022 13:32

Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Notes a recently published strategy report concerning minerals supply chains by the UK Department for Business, Energy & Industrial Strategy. Says the department will aim to support UK companies to participate overseas in diversified and responsible supply chains. Read More

IN BRIEF: Power Metal hails initial findings at Cherished Hope mine

18th Jul 2022 15:01

Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Completes a site visit to the Cherished Hope gold mine in Botswana. It is located on its newly acquired PL049/2022 license. Says ground mapping has shown the historical gold workings are "significantly" more extensive than previously assumed. Estimates that at least 10 individual workings are comprising a combination of vertical shafts and trial pits that are extending over approximately 175 meters of strike length. Plans for an early and low-cost reverse circulation drilling programme. Says it will be aimed at testing the along-strike and down-dip extent of the Cherished Hope mineralised quartz reef structures. Read More

IN BRIEF: Power Metal enters second year of lithium project earn-in

12th Jul 2022 14:29

Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Notifies the owner of the Authier North and Duval East lithium properties that it will continue into year two of the earn-in agreement. Power Metal explains the decision was based on the continued success of neighbouring Sayona Mining Ltd at the Authier project and strong lithium price fundamentals. By continuing into the year year, the company will make a cash payment of CAD25,000 - around GBP16,169 - and a share-based payment of CAD50,000. Read More

Kavango Resources shares down as it regains ownership of Kanye JV

8th Jul 2022 12:37

(Alliance News) - Kavango Resources PLC on Friday said it regained full ownership of two projects in Botswana and reported the completion of diamond drill programme at its Ditau Camp project. Read More

IN BRIEF: Power Metal and Red Rock buy Australian Berringa gold mine

6th Jul 2022 14:46

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 - Acquires licence for the Berringa gold mine in Victoria, Australia via their subsidiary of their subsidiary Red Rock Australasia Pty Ltd. Read More

TRADING UPDATES: Anglo-Eastern Plantations sees palm oil prices rise

27th Jun 2022 21:51

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

IN BRIEF: Power Metal Resources on hunt for Togo exploration prospects

22nd Jun 2022 21:23

Power Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Signs agreement with consulting geologist David Knopf to explore uranium prospects in Togo, West Africa. Read More

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