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
(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
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
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
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
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
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
(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
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
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
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
(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
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
(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
(Alliance News) - First Class Metals PLC shares inched higher on its stock market debut in London on Friday. Read More
(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 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
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
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
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
(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