IN BRIEF: Power Metal Notes Finalised Haneti Drilling Programme

Power Metal Resources PLC - metals explorer - Notes finalised drilling programme for Haneti nickel project in Tanzania. Joint venture between it and Katoro Gold PLC to undertake phased exploration programme to assess potential for nickel sulphide mineralisation. First stage to be 100 metre rotary air blast drill programme, followed by 300 metres of confirmatory diamond drilling programme. Drilling to be funded from existing working capital.

Current stock price: 1.00 pence

Year-to-date change: more than doubled from 0.38 pence.

By Dayo Laniyan; dayolaniyan@alliancenews.com

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