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An update from Power Metal Resources Plc ( (GB:POW) ) is now available.
Power Metal Resources has acquired the Pardoe Uranium Project located in northern Saskatchewan, Canada, through mineral claim staking. This strategic acquisition expands the company’s uranium footprint near the Athabasca Basin, a region known for uranium exploration. The Pardoe Project, despite its prospective geology and historical uranium occurrences, has not undergone significant exploration, presenting a valuable opportunity for Power Metal. The company has identified five target areas for exploration, with fieldwork planned for summer 2025, aiming to enhance its position in the uranium market and potentially discover new resources.
More about Power Metal Resources Plc
Power Metal Resources plc is a London-listed exploration company with a global project portfolio, focusing on the acquisition and development of mineral resources, particularly in the uranium sector.
YTD Price Performance: -8.06%
Average Trading Volume: 273,797
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £16.29M
For an in-depth examination of POW stock, go to TipRanks’ Stock Analysis page.
