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(Alliance News) - Power Metal Resources PLC on Monday said it sold its entire holding of 69.5 million shares in Kavango Resources PLC, but stressed that this "does not reflect any negative view" of the company.
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:
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(Sharecast News) - Exploration firm Power Metal Resources revealed substantial progress in its uranium exploration business in the Athabasca Basin of Saskatchewan, Canada, on Wednesday, spanning 1,012 square kilometres across 17 properties.
Read more(Alliance News) - Power Metal Resources PLC on Wednesday said that it has identified "significant" uranium targets at the Tait Hill and Soaring Bay projects, which are in and around the Athabasca Basin in Saskatchewan, Canada.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.
Read more(Sharecast News) - Power Metal Resources updated the market on exploration developments at its Molopo Farms Complex Project (MFC) in southwestern Botswana on Friday, emphasising its pursuit of a district-scale nickel (Ni) and platinum group element (PGE) discovery.
Read morePower Metal Resources PLC - Africa, Australia and North America-focused metals exploration and development company - Identifies high-priority drill targets at the Molopo Farms Complex in Botswana following geophysical analysis. Says target area T1-14 showed the highest potential due to the strength of the super conductor originally identified in the surveys. Says one of the targets has the potential to host massive sulphide mineralisation and has been deemed a high priority exploration target. Adds it is currently working with consultants to implement a drilling programme at T1-14.
Read morePower Metal Resources PLC - Africa, Australia and North America-focused metals exploration and development company - Recommences field exploration at 100%-owned Tati Gold project in Francistown, Botswana.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read morePower Metal Resources PLC - Metals exploration company focused on North America, Africa, and Australia - Expands Perch River uranium project in Saskatchewan, Canada. Notes that hyperspectral data analysis using satellite data on mineral reflectance conducted at Perch River identifies several helium anomalies on the project, "including the discovery of one extremely strong helium response in the centre of the project as well as several strong anomalies that previously lay north and northeast of the Project boundary." Firm secures further 1,514.8 hectares at Perch River, representing an increase of about 38% in the projects size to a total of 5,455 hectares. "The newly acquired ground covers several strong hyperspectral helium anomalies located along the same geological trend and which further overlie prospective geology," Power Metal resources explains.
Read more(Sharecast News) - Power Metal Resources announced the results of its geochemical soil sampling at the Tati Gold Project near Francistown, Botswana, on Friday.
Read morePower Metal Resources PLC - Metals exploration company focused on North America, Africa, and Australia - Says geochemical soil sampling confirmed "two significant gold anomalies" at its 100%-owned Tati gold project in Botswana. Says expedited follow-up exploration programme is underway. Chief Executive Officer Sean Wade said the sampling data and an eight-kilometre long gold trend at the project appear to show the "potential to host a very large gold deposit". The firm is seeking to advance the project "expeditiously", he said, while also managing inbound interest and the potential for near-term small scale mining.
Read more(Alliance News) - Stocks in London are set to extend Thursday's gains at Friday's market open, with sentiment lifted further by the latest economic data from China.
Read more(Sharecast News) - Power Metal Resources announced a major helium anomaly on Friday, at its wholly-owned Perch River Uranium Project in the Athabasca Basin, Saskatchewan, Canada.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
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