Power One Resources is continuing a comprehensive evaluation of historic drill logs, assessment reports, and archived geological datasets, following the compilation of recent data at its wholly owned Pecors Property, located in Ontario's Elliot Lake Uranium Belt. This review highlights bitumen staining and hydrocarbon-related signatures previously documented during historical exploration campaigns. Historic [...]
Power One Resources is pleased to announce the first-ever discovery of gold mineralization at its Pecors Property. This milestone broadens the project's exploration scope, historically focused on uranium and base metals, and positions Pecors as a compelling multi-metal target. "This is a game-changer for Pecors," added Khan. "To identify gold for the first time on a property with a uranium legacy is a rare and valuable [...]
Power One Resources is pleased to announce the appointment of Dr. Wazir Khan as its new CEO. Dr. Khan, who has been serving as a director on the board, will take over from Karim Rayani, effective immediately. Mr. Rayani has also resigned as a director however will continue to play a vital role within the Company as part of its advisory team. Dr. Wazir Khan is an exploration geologist with a distinguished career in the [...]
Power One Resources is pleased to announce that drilling has been completed at its Pecors Project located in Eliott Lake, Ontario. Three diamond drill holes have been completed to date totaling 1,300m. Assays are pending on all drill holes. "We are very excited to report we have completed our inaugural drill campaign at Elliot Lake, and look forward to analyzing the data stated, Mr. Karim Rayani, Chief Executive Officer [...]
Power One Resources is pleased to announce that drilling has commenced at its Pecors Property. Drilling was paused late last year due to numerous freeze-thaw conditions. Drilling has now resumed with 1400 meters planned, targeting up to 4 holes. "We are very excited to get the drills turning after a long-awaited program, numerous freeze thaw conditions that lasted into the new year caused significant delays. Stated, Mr [...]
Power One Resources Corp. CEO Karim Rayani joined Steve Darling from Proactive to delve into the company's recent progress and future plans. Since going public in January as a spin-out from Marvel Discovery, Power One has been gearing up to drill the Pecors Project, a significant nickel system in Canada. Spanning an impressive seven kilometers in length, three kilometers in width, and extending two to three kilometers in [...]
Power One Resources is pleased to announce that its common shares will begin trading on the TSXV on Jan 18, 2024, under the trading symbol "PWRO". The Company's only business is the exploration of its two mineral properties - the Pecors Property and the Wicheeda North Property. The Pecors Property is located about 115 km west of Sudbury and about 16 km east of Elliot Lake, Ontario. It is prospective for copper, nickel and [...]
Marvel Discovery Corp. is pleased to update shareholders on Marvel's equity holding Power One Resources Corp., on its listing application. Power One was wholly owned subsidiary of Marvel Discovery and received its final approvals on the plan of arrangement dated April 23, 2021. As part of the transaction, Marvel Shareholders received 16 million common shares, with Marvel receiving 5 million common shares for transferring [...]
Marvel Discovery Corp. Further to the Company's news releases March 17, 2021 and April 23, 2021 the Company received final approval on the plan of arrangement under the Business Corporations Act involving Power-One Resources Corp. The Company received the required shareholder approval in connection with the arrangement at its special meeting of shareholders held April 23, 2021. As part of the transaction, Marvel [...]
