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Optrade yes agree 2-2.5p is fair value
I'm genuinely surprised by the lack of SP action today. This has felt like a share that could breakout any time soon and I thought today might continue the upward trend we've had over the last couple of weeks.
Clearly the fact that there's gold in them thar hills is no longer enough to get a share moving upwards!
Mms ticking up and now on the leaderboard risers .....in for a good afternoon
People loading up now
7,000,000 share delayed transaction just posted @ 1.14p
My technical analysis is very strong and technical charting and analysis is not for the faint hearted....but love finding the bottom in shares and adore multi-baggers too....patience will come soon
Kiss of death. Zak is useless.
No I just made 50 percent in SYN....this will also deliver a massive rise ....it will happen POW will massively breakout very soon
Lol was you left all alone after a failed P&D
Tue 06 Feb 2024 07:00
RNS Number : 0837C
Power Metal Resources PLC
06 February 2024
6 February 2024
Power Metal Resources PLC
("Power Metal" or the "Company")
Tati Gold Project, Botswana - Sampling Confirms Extensive Gold
Power Metal Resources PLC (AIM:POW), the London-listed exploration company with a global project portfolio, announces an update from its 100%-owned Tati Gold Project ("Tati" or the "Project"), located on the Tati Greenstone Belt ("TGB") near Francistown, Botswana.
The exploration results herein cover extensive soil sampling undertaken at Tati in 2023, a fundamental step in the exploration process to identify areas with potential gold mineralisation and the discovery of new gold deposits. Specifically at Tati, the work was critical to further demonstrate gold mineralisation continuity within the previously identified 8km-long gold trend within the project boundaries.
HIGHLIGHTS
· 2024 geochemical soil sampling assay results confirm the presence of three significant gold-in-soil geochemical anomalies, proving further continuity within the 8km-long gold trend at Tati.1 The anomalies, including 1) Northwest ("NW") Anomaly, 2) Southwest ("SW") Anomaly and 3) Cherished Hope ("CH") Anomaly, are highlighted in Figure 1 below, with further detail over the CH Anomaly found in the Figure 1 'Inset Map'.
· A total of 446 individual soil samples were taken from four separate grid areas. The main programme goal was to test for additional gold mineralised zones within the 8km-long gold mineralised trend which extends in a northwest-southeast direction through Tati (see black dashed line in Figure 1).
· Of the 446 samples taken, 3 returned greater than 500 parts per billion ("ppb") gold ("Au"), including individual soil sample gold assay results of 568ppb, 831ppb and 1,076ppb Au (equivalent to 1.076 grammes per tonne ("g/t") Au).
· An impressive 29 samples returned 100ppb Au or above, the vast majority of which form part of the CH Anomaly, a now greater than 600m-wide zone which remains open in multiple directions.
· The CH Anomaly represents a significant extension zone trending southwest from the original Cherished Hope historical mine workings where Power Metal in 2022 drilled 3m at 16.77g/t Au from 5m (including 1m at 47.17g/t) in hole CHRC0003 as well as 2m at 23.17g/t from 25m (incl. 1m at 40.63g/t Au) in hole CHRC0006.1,2
· The SW and NW anomalies are located approximately 1,500m and 3,000m from the CH Anomaly respectively. The position of these anomalies shows the potential for a significantly larger anomalous gold-in-soil footprint at Tati subject to further infill sampling work.
· Power Metal continues to push forward commercial discussions regarding the potential for small-scale mining at its Cherished Hope Gold Mine, in parallel with continuing exploration work, further details of which are expected to be announced i
Buying coming in this afternoon
Petroinvestor ...BEWARE OF THIS STALKER who is truly disturbed, obsessed and harasses members ON THIS BOARD and mentions my my name on each message means you have a personal agenda which is not nice...... however your comments hurt other shareholders with you false and incorrect defamatory posts.....you should be banned.....people will report you and kick you off this board for sexual harassment and talking abouts babies all the time....its pretty ugly and sad to see
Media News is just getting out this morning of the gold find will move later this afternoon
Look like Ria20 is going to holding the baby now 😂 P&D went wrong!
It was the same when we had the news of the bonanza gold. I don't think investors in the uk like gold as much as the US markets. This is one reason I'm looking forward to the US otc application to go through. More US buyers.
Still a few hours left though. Hopefully we get a stronger close at the end of the day
I'm stunned. Massive volume of sales.
Surprised we haven't risen on gold news
Drilling commenced RNS also due today/tomorrow me thinks
News almost every week, what's not to like about today's RNS? - 2-2.5p fair value imo
POW announces an update from its 100%-owned Tati Gold Project, located in Botswana.
Read the full announcement here 👉 https://bit.ly/49fxC42
The exploration results herein cover extensive soil sampling, a fundamental step in the exploration process to identify areas with potential gold mineralisation and the discovery of new gold deposits.
⚡️ HIGHLIGHTS
⏩ Soil sampling assay results confirm three significant gold-in-soil geochemical anomalies, proving further continuity within the 8km-long gold trend at Tati.
⏩ 446 individual soil samples were taken from four separate grid areas.
⏩ Of the 446 samples taken, 3 returned greater than 500 parts per billion gold, including individual soil sample gold assay results of 568ppb, 831ppb and 1,076ppb Au.
⏩ 29 samples returned 100ppb Au or above, the vast majority of which form part of the CH Anomaly, a now greater than 600m-wide zone which remains open in multiple directions.
⏩ The SW and NW anomalies show the potential for a significantly larger anomalous gold-in-soil footprint at Tati subject to further infill sampling work.
📢
@seanwade1970
, CEO of $POW, commented:
“This gold soil sampling programme has delivered quite remarkable results in terms of a confirmation of the significant area mineralised and also the consistency of positive results across the areas tested.
“Each stage of work at Tati has delivered extremely positive findings and we are more confident than ever that the Project holds very significant value for the Company.
“As a result, we are positively moving forward to next stage exploration whilst in parallel continuing discussions with potential partners interested in the early-stage mining possibility that exists at Tati."
Buys outstripping sellers and market makers just ticked up the price
Yes news just getting out optrade ....completely agree
Unusually slow to pick up, still time for POW to take off!