Paul Johnson,CEO,POW: "On cusp of major metal discovery."{London South East Intervew, 21.9.21]27 Sep 2021 14:11
Power Metal Resources tweet:
"London South East Webinar : POW. Watch Paul Johnson, CEO & Exploration Mgr Oliver Friesen. 21.9.21." - 30 mins ago, Mon 27 Sep 2021
https://twitter.com/PowerMetRes/status/1442442957089435654
PAUL JOHNSON, CEO, POW:
"On cusp of major metal discovery. Question by Donald Leggatt, London South East from an investor about how to finance projects. Answer: RE-FINANCE 10 yrs, now doing for POW.
Spin-outs, Investments etc. Not held to head-must show can finance." {P.J}
Question: ANDREW BELL-Chairman Leaving POW
PJ: Huge effort. IPO -end of yr. New name: NEW BALLARAT GOLD CORP [NBGC].
Mr Bell stepping down as Chairman. Will still be in co for next 12 mths? A co needs a Chairman.
PAUL JOHNSON {P.J}
- "2019 =13 projects on 3 continents. Vending out.
OLIVER FRISEN, EXPLORATION MGR
Introduces himself as a Geo from Canada & in Consulting.
Donald Leggatt asked about SPECIFIC PROJECTS:
[1] Tati - Green stone.
[2] Uranium in Canada.
Oliver Friesen explained that the grade is high in Sash, Canada.
[3] A U T H I E R LITHIUM, CANADA {near SAYONA]
Mr Fiesen said if find sub. PEGMATITES - RE-RATE.
[4] PATERSON, WA, AUSTRALIA
Donald Leggatt Question: REPLICATE HAVIERON?
Mr Friesen: Spoke to a Geo Oz - "GRAVITY HIGH."
Identical COINCIDENT MAGNETIC - gravity high.
Comment:
Kindly listen as the interview was quite long and one needs to check if my notes are accurate to the last verbatim as errors can occur.
My own view prior to this interview which is of interest {mkt interest?]:
-VICTORIA GOLDFIELDS, AUSTRALIA IPO
-WALLAL, PATERSON, WA, AUSTRALIA [near Rio Tinto*s world class Rio]
-AUTHIERS LITHIUM, CANADA
I dont know much about uranium nor looked into Tati.
VICTORIA GOLD FIELD -IPO SPIN OUT 2021 END OF YR [NBGC]
The POW 16 Sep 2021 was the clincher ie of interest.
Ref: O*LAUGHLINS etc is said by Andrew Bell, Chairman of POW to be potentially the "OFF-SET"....to Ballarat Mine.
Also, they think, there are =====2 CHANNELS.=====
[1] So, the "continuous reef strike 1,000m mapped thus far.
SCOTBURN TO O*LAUGHLIN - OVER 9 KM OF MINERALISED CORRIDOR.
[2] Enfield to North, 15km --->Ballarat Mine.
===GEOLOGY -SIMILAR TO BALLARAT MINE @14 MOZ GOLD @12g/t au ===
ECR MINERALS-Victoria Gold
Their mkt cap is currently £16m although it was in the £25m region earlier from recall.
ECR has the CRESWICK LICENCE to the NORTH of the BALLARAT MINE over a 15km TREND.
The gold they found is nuggetty. Their geology is rather complex.
POW is SOUTH West from recall of the BALLARAT MINE. However, from POW RNS, 16.9.21, the co mentioned LODES. Readers can check up LODES.
In bringing in ECR*s Creswick, Victoria Central, Oz, it is to illustrate that BOTH are LOOKING for the proxity play to BALLARAT MINE although POW thinks it is an "OFF-SET" - BALLARAT MINE per Andrew Bell, Chairman POW [RRR owns 50.1%, POW 49.9%] via their RNS/interviews etc which I posted on this forum on Sun, 26