Metals & Minerals News

Power Metal stakes additional claims at Alamo

Power Metal Resources plc said it had staked an additional nine claim blocks at its Alamo gold project in Arizona, increasing the site by 23.5% to 946 acres.

Assessment: will involve geological mapping, trenching, pitting and mini-bulk sampling (Power Metal Resources)

NUGGETS

Power Metal said it decided to enlarge the project following a successful reconnaissance programme during August 2020.

In January 2020, the metals and minerals exploration company found nugget gold mineralisation by digging a shallow pit.

EXPLORATION WORK

Bulk sampling will take place over three weeks in early December to test further gold mineralisation.

Future exploration work will involve detailed geological mapping along with trenching, pitting and mini-bulk sampling to ascertain the distribution and abundance of native gold nuggets within the project area.

Power Metal said that bulk sampling would give a more accurate assessment of gold prospectivity than drilling because of the nature of the mineralisation and that it lies near the surface.

ALAMO

The Alamo gold project is a package of mining claims initially covering an area of approximately 766 acres in west-central Arizona.

Power Metal has the right to earn-in up to a 75% interest in the project which it said had the potential for a large mineralised gold system.

The region in which the project lies is prospective for precious and base metals, with mines having produced silver, lead, gold, zinc and copper.

Some 60 ounces of gold nuggets, the largest of which weighed five ounces, have already been found by prospectors using metal detectors.