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Power One Resources Corp ( (TSE:PWRO) ) just unveiled an announcement.
Power One Resources Corp. has announced its 2025 exploration program for the Wicheeda North Rare Earth Element Project, strategically located near Defense Metals Corp.’s advanced-stage Wicheeda REE deposit. The project is part of a critical minerals corridor with significant potential for REE mineralization, supported by favorable geological conditions and infrastructure. The planned exploration includes extending soil grids, conducting a new airborne geophysical survey, and targeting trenching and drilling, with a budget of $120,500. This initiative positions Power One to capitalize on the growing demand for domestic sources of critical elements, enhancing its standing in the rare earth industry.
More about Power One Resources Corp
Power One Resources Corp. is involved in the exploration of rare earth elements (REE) and operates within the rapidly emerging Rocky Mountain Rare Metal Belt in British Columbia. The company focuses on its Wicheeda North REE Project, which benefits from exceptional infrastructure, including roads, hydroelectric power, and proximity to rail and highways.
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Technical Sentiment Signal: Sell
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