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Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Notes a recently published strategy report concerning minerals supply chains by the UK Department for Business, Energy & Industrial Strategy. Says the department will aim to support UK companies to participate overseas in diversified and responsible supply chains.
Read morePower Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Completes a site visit to the Cherished Hope gold mine in Botswana. It is located on its newly acquired PL049/2022 license. Says ground mapping has shown the historical gold workings are "significantly" more extensive than previously assumed. Estimates that at least 10 individual workings are comprising a combination of vertical shafts and trial pits that are extending over approximately 175 meters of strike length. Plans for an early and low-cost reverse circulation drilling programme. Says it will be aimed at testing the along-strike and down-dip extent of the Cherished Hope mineralised quartz reef structures.
Read morePower Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Notifies the owner of the Authier North and Duval East lithium properties that it will continue into year two of the earn-in agreement. Power Metal explains the decision was based on the continued success of neighbouring Sayona Mining Ltd at the Authier project and strong lithium price fundamentals. By continuing into the year year, the company will make a cash payment of CAD25,000 - around GBP16,169 - and a share-based payment of CAD50,000.
Read more(Alliance News) - Kavango Resources PLC on Friday said it regained full ownership of two projects in Botswana and reported the completion of diamond drill programme at its Ditau Camp project.
Read morePower Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - and Red Rock Resources PLC - London-based natural resource development company with interests in Africa and Australia - Acquires licence for the Berringa gold mine in Victoria, Australia via their subsidiary of their subsidiary Red Rock Australasia Pty Ltd.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read morePower Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Signs agreement with consulting geologist David Knopf to explore uranium prospects in Togo, West Africa.
Read moreRed Rock Resources PLC - London-based natural resource development company with interests in Africa and Australia - Drilling results from hole MB22D001 at the Mt Bute prospect in Victoria, Australia, returning highly anomalous molybdenum and bismuth results, suggesting the possibility of intrusive gold mineralisation within the Victoria goldfields.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read morePower Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Says joint-venture subsidiary New Ballarat Gold Corp, which is focused in the Victorian Goldfields of Australia, have been awarded three further exploration licences. These are EL007330, EL007294 and EL007507, bringing NBGC's combined footprint in the Victoria Goldfields to 1,832 kilometres. Licence also covers Ajax mine which historically produced 312,789 ounces of gold at an average grade of 14.8 grams per tonne in the 1920s. NBGC is a joint-venture held between Power Metal - at 49.9% - and its partner, London-listed Red Rock Resources PLC.
Read more(Alliance News) - Power Metal Resources PLC on Friday said its subsidiary First Development Resources has "identified compositionally similar granites over both the Nolan's Bore deposit and the Selta project."
Read morePower Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Records "highly elevated" magnetic susceptibility readings at the DITDD004 hole, drilled into the i10 target at the Ditau Camp project in southwest Botswana. Registers the results between 293 meters and 321 meters, a combined 28 meters of core length. Says that DITDD004 appears to have intercepted the magnetic anomaly within the drillhole from 293 meters to 321 meters downhole depth.
Read morePower Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Will acquire additional 59% interest in Kalahari Key Mineral Exploration Pty Ltd, leading to Power Metal becoming operator of the Molopo Farms complex project in Botswana.
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(Sharecast News) - Metals exploration company Power Metal Resources updated the market on the Ditau Camp Project in southwest Botswana on Wednesday, which is prospective for carbonatite-hosted rare-earth element, base-metal and possible precious-metal mineralisation.
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