RE: PRESS COVERAGE8 Sep 2023 10:43
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
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AIM - WINNERS
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Power Metal Resources PLC, up 12% at 0.78 pence, 12-month range 0.65p-1.85p. The metals exploration company focused on North America, Africa, and Australia says it has discovered a significant helium anomaly at its fully owned Perch River uranium project in the Athabasca Basin, Saskatchewan, Canada. According to Power Metal, the very strong helium response could be indicative of significant buried uranium mineralisation or leakage of helium from a buried helium reservoir at depth. "It is very exciting to be able to deliver this news to shareholders. As we have previously reported, this season's wider uranium fieldwork remains ongoing and further updates will be provided in due course. However, the indications we have had from Perch River could be hugely significant and warranted immediate release," says Chief Executive Officer Sean Wade.