Power Metal Resources plc received £79,956 following notices to exercise warrants over 7,995,600 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 7,995,600 warrants at an exercise price of 1.0 pence per ordinary share of 0.1 pence each in the company.
Tag: Power Metal Resources plc
Power Metal starts extensive technical review at Molopo
Power Metal Resources plc has started an extensive technical review of its two diamond drill holes at the nickel sulphide and platinum group metals (PGM) project at Molopo Farms Complex (MFC) in Botswana. Site operator Kalahari Key Mineral Exploration Pty Ltd drilled holes KKME 1-14 and 1-6 with initial results showing 4.4 metres of ultramafic […]
Botswana SJV completes initial orientation for REEs
The rare earth elements 50-50 strategic joint venture between Kavango Resources plc and Power Metal Resources plc has completed the first stage of orientation work at Ditau Camp, Botswana. The work included geophysical and geochemical surveys at the site covering two prospecting licences of PL169/2012 and PL010/2019. Power Metal said that orientation work was conducted […]
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. 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 […]
Power Metal mobilises rig at Haneti
Power Metal Resources plc said it had signed a drilling contract and is mobilising the rig to its 5,000 km2 nickel and platinum group metals (PGM) project in Haneti, central Tanzania. NOTABLE Power Metal holds a 35% ownership interest in Haneti with 65% held by Katoro Gold plc. The drill contract was signed with Amazon […]
Power Metal completes Silver Peak due diligence
Power Metal Resources has completed its due diligence at the exploration programme in the Silver Peak project in British Columbia, Canada. A total of 11 channel samples were taken from the Victoria vein faces exposed in the cliffs and open stopes located vertically above the Victoria adit. Samples have been submitted to the accredited laboratory, […]