https://www.engineeringnews.co.za

Power Metal further confirms uranium potential on Beaverlodge properties

8th April 2022

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

London-listed Power Metal Resources has determined that its Clearwater and Thibault Lake uranium properties, within the Beaverlodge uranium district of Saskatchewan, host multiple occurrences of strong vein-hosted uranium mineralisation.

Sample assays indicate grades of up to 0.63% triuranium octoxide and 6.6% triuranium octoxide, for the Clearwater and Thibault properties, respectively.

The majority of the sediment samples taken from both properties are considered strongly anomalous for uranium.

The company adds that results of a historical data review supplement and support the strong uranium mineralisation identified during Power Metal’s ground exploration completed on the properties in the last quarter of 2021.

CEO Paul Johnson says both properties host 'Beaverlodge-style' structurally related uranium mineralisation, with Clearwater also having an historical deposit with a non-compliant uranium resource of 65 000 pounds at an average grade of 0.83%t triuranium octoxide.

“The findings from our technical review of both properties confirm significant uranium prospectivity and extensive opportunities for forward exploration work.

“Importantly, we have completed a full technical data review for all seven Power Metal Athabasca region properties, and all seven have demonstrated significant uranium prospectivity.”

Power Metal now has seven data rooms available, which can be used for external third-party discussions, and also for internal exploration planning.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 
Monitor Distributors
Monitor Distributors

We at Hawk High Pressure Pumps specialise in industrial pumps and pumping systems. Our high pressure washing equipment is locally manufactured and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.064 1.134s - 140pq - 2rq
Subscribe Now