Power Metal Resources PLC (AIM:POW) completed four NQ diamond holes (47.6mm core) totaling 1,922m between 2 March and 9 April 2025 at the Badger Lake JV, testing two inferred shear zones, a Cigar Lake analogue and an S‑Zone without moving the drill from a central setup.
The programme intersected preserved palaeoweathering profiles beneath the unconformity — haematite‑rich Red, transitional Red‑Green and chlorite‑dominant Green zones — plus intermittent bleaching, desilicification and pervasive silicification in the basement. Hole BL26‑04 returned a distinct bleached cap at the shear‑unconformity contact interpreted as a potential REDOX front; BL26‑02 showed the most extensive red‑green alteration. Localised pyrite and clay alteration were noted but "no uranium mineralisation was encountered" and no elevated radioactivity was recorded.
Core is en route to laboratories for geochemical, SWIR, petrographic and petrophysical analysis, with work under way at the Saskatchewan Research Council, Axiom Exploration Group, Vancouver Petrographics, Saint Mary’s University and the University of Saskatchewan. "This initial drill programme has successfully validated our geological models for Badger Lake," said Sean Wade, Chief Executive Officer of Power Metal Resources (LSE:POW).
The analytical results will be reviewed internally and reported to the market in due course.
