TIDMPOW
Power Metal Resources PLC
04 May 2022
4 May 2022
Power Metal Resources PLC
("Power Metal" or the "Company")
Marketing and Communications Update
Power Metal Resources PLC (LON:POW), the London listed
exploration company seeking large-scale metal discoveries across
its global project portfolio, announces a marketing and
communications update for shareholders.
UK Investor Show 2022
The Company will exhibit at this year's UK Investor Show which
takes place on 21(st) May 2022 at the QEII Centre, London.
At this event, the Company's Chief Executive Officer Paul
Johnson will also be delivering a presentation during a breakout
session.
This event provides shareholders with the opportunity to engage
with members of the team and also to pre-book a meeting with Power
Metal CEO Paul Johnson, Golden Metal Resources CEO Oliver Friesen
or First Development Resources CEO Tristan Pottas.
For further information please visit the following link on the
Company's website:
https://www.powermetalresources.com/uk-investor-show-2022/
Telegram Investor Evening
The Company's Chief Executive Officer Paul Johnson together with
Golden Metal Resources CEO Oliver Friesen and also First
Development Resources CEO Tristan Pottas will be undertaking an
Investor Q&A session at a Telegram Investor Evening today,
4(th) May 2022 (starting at 7.30pm). Investors wishing to attend
this online event may register through the following link:
https://t.me/powermetalresources
Newsletter
Power Metal Resources has recently launched a newsletter to
provide investors with up to date communications and a summary of
recent news from the Company. Investors can sign up to receive
copies of the newsletter through the following link:
https://www.powermetalresources.com/contact/
Commodity Reports
The Company has recently produced a commodity report on Uranium.
This report can be downloaded from the Company website through the
following link:
https://www.powermetalresources.com/reports/
Further reports on other commodities within the Company's
exploration portfolio are under preparation and will be released in
due course.
Corporate Presentation
The Company's corporate presentation is updated monthly and the
latest version is available to view through the following link:
https://www.powermetalresources.com/presentation/
For further information please visit
https://www.powermetalresources.com/ or contact:
Power Metal Resources plc
Paul Johnson (Chief Executive Officer) +44 (0) 7766 465 617
SP Angel Corporate Finance (Nomad and Joint Broker)
Ewan Leggat/Charlie Bouverat +44 (0) 20 3470 0470
SI Capital Limited (Joint Broker)
Nick Emerson +44 (0) 1483 413 500
First Equity Limited (Joint Broker)
David Cockbill/Jason Robertson +44 (0) 20 7330 1883
NOTES TO EDITORS
Power Metal Resources PLC - Background
Power Metal Resources PLC (LON:POW) is an AIM listed metals
exploration company which finances and manages global resource
projects and is seeking large scale metal discoveries.
The Company has a principal focus on opportunities offering
district scale potential across a global portfolio including
precious, base and strategic metal exploration in North America,
Africa and Australia.
Project interests range from early-stage greenfield exploration
to later-stage prospects currently subject to drill programmes.
Power Metal will develop projects internally or through
strategic joint ventures until a project becomes ready for disposal
through outright sale or separate listing on a recognised stock
exchange thereby crystallising the value generated from our
internal exploration and development work.
Value generated through disposals will be deployed internally to
drive the Company's growth or may be returned to shareholders
through share buy backs, dividends or in-specie distributions of
assets.
Power Metal Exploration Programmes Underway/Results Awaited
Power Metal has exploration programmes completed or underway,
with results awaited, as outlined below:
Project Location POW % Work Completed Results Awaited
or Underway
Alamo Gold USA Earn-in Excavation of multiple Field and assay
Project to 75% test pits and mapping results from on-site
& sampling. work programme.
---------- --------- ------------------------ ----------------------------
Athabasca Canada 100% Data compilation Interpretation
Uranium across uranium results from all
properties Properties complete.
Next steps upcoming.
---------- --------- ------------------------ ----------------------------
Authier North Canada Earn-in Soil & rock sampling Technical Review
Lithium to 100% completed of exploration
results & define
next exploration
steps.
---------- --------- ------------------------ ----------------------------
Ditau Project Botswana 50% Drill programme Field updates and
focused on key receipt & review
targets notably of laboratory assay
drilling of potential results.
carbonatites and
targeting rare-earth
elements.
---------- --------- ------------------------ ----------------------------
Kalahari Copper Botswana 50% Exploration programme Field programme
Belt underway across findings and defined
the South Ghanzi drill targets for
Project and further near term drilling.
exploration at
the more recently
acquired South
Ghanzi Extension
and Mamuno licence
areas
---------- --------- ------------------------ ----------------------------
Molopo Farms Botswana 53% Review of recent Determine next
exploration findings. exploration steps
and action plan.
---------- --------- ------------------------ ----------------------------
Haneti Project Tanzania 35% Diamond drill programme Receipt & review
completed of laboratory assay
results.
---------- --------- ------------------------ ----------------------------
Victoria Goldfields Australia 49.9% Diamond drill programme Field updates and
underway receipt & review
of laboratory assay
results.
---------- --------- ------------------------ ----------------------------
Paterson Projects Australia 83.33% Wallal passive Findings from multiple
seismic and 2D work programmes
seismic processing including final
work programme approvals and preparations
completed. for planned deep
Review of historical diamond drilling.
data and target
generation for
Ripon Hills & Braeside
West projects.
---------- --------- ------------------------ ----------------------------
Selta Project Australia 83.33% Field reconnaissance Finalising data
work complete, review from field
including mapping programmes.
and sampling.
---------- --------- ------------------------ ----------------------------
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END
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May 04, 2022 11:52 ET (15:52 GMT)
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