Power Metal Resources plc has signed an earn-in agreement with the option to acquire a 100% interest in two lithium pegmatite exploration properties in Quebec, Canada. TERMS The company may earn in to a 100% interest of Authier North and Duval East in the prolific Val d’Or mining camp 45km northwest of the city and […]
Tag: Power Metal Resources plc
Power Metal raises £87,500 through warrant exercise
Power Metal Resources plc raised £87,500 after receiving notices to exercise warrants over 12,500,000 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 12,500,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each.
Power Metal raises £47,368 via warrant exercise
Power Metal Resources plc raised £47,368 following notices to exercise warrants over 6,315,789 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 6,315,789 warrants at an exercise price of 0.75 pence per ordinary share of 0.1 pence each.
Kanye identifies REE drill targets at Ditau
Kanye Resources plc has identified several drill targets following completion of geophysical and geochemical surveys at the rare earth elements (REEs) project at Ditau, Botswana. The 50-50 joint venture company between the operator Kavango Resources plc and Power Metal Resources plc, completed the surveys on 12 target areas. HIGH PRIORITY Kavango said that seven drill […]
Power Metal identifies multi-scale anomalies at Tati
Power Metal Resources plc has identified multi-scale anomalies during due diligence at gold-nickel properties in the Tati greenstone belt, Botswana. TREND The company has the option to acquire 100% of prospecting licences 127/2019 and 126/2019, prospective for gold and nickel. Compiled historical data has identified “multi-kilometre-scale nickel, arsenic and gold in-soil anomalies” on PL127/2019 and […]
Kanye sets Morula as priority target
Kanye Resources plc announced that Morula was now the highest priority exploration target following further results in the South Ghanzi project in the Kalahari Copper Belt (KCB), Botswana. The 50-50 strategic joint venture (SJV) involves Kavango Resouces plc (operator) and Power Metal Resources plc. Kavango completed and analysed samples from 16km of infill soil-sampling at […]