RCS - Power Metal - Marketing and Communications Update

Power Metal ResourcesAnnouncement

04/05/2022 17:00

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RNS Number : 3528K  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/
(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 (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/
(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/
(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/
(https://www.powermetalresources.com/presentation/)

 

For further information please visit https://www.powermetalresources.com/
(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 or Underway                                                       Results Awaited

 Alamo Gold Project     USA        Earn-in to 75%   Excavation of multiple test pits and mapping & sampling.                         Field and assay results from on-site work programme.
 Athabasca Uranium      Canada     100%             Data compilation across uranium properties                                       Interpretation results from all Properties complete. Next steps upcoming.
 Authier North Lithium  Canada     Earn-in to 100%  Soil & rock sampling completed                                                   Technical Review of exploration results & define next exploration steps.
 Ditau Project          Botswana   50%              Drill programme focused on key targets notably drilling of potential             Field updates and receipt & review of laboratory assay results.
                                                    carbonatites and targeting rare-earth elements.
 Kalahari Copper Belt   Botswana   50%              Exploration programme underway across the South Ghanzi Project and further       Field programme findings and defined drill targets for near term drilling.
                                                    exploration at the more recently acquired South Ghanzi Extension and Mamuno
                                                    licence areas
 Molopo Farms           Botswana   53%              Review of recent exploration findings.                                           Determine next exploration steps and action plan.
 Haneti Project         Tanzania   35%              Diamond drill programme completed                                                Receipt & review of laboratory assay results.
 Victoria Goldfields    Australia  49.9%            Diamond drill programme underway                                                 Field updates and receipt & review of laboratory assay results.

 Paterson Projects      Australia  83.33%           Wallal passive seismic and 2D seismic processing work programme completed.       Findings from multiple work programmes including final approvals and

                                                                                preparations for planned deep diamond drilling.
                                                    Review of historical data and target generation for Ripon Hills & Braeside
                                                    West projects.

 Selta Project          Australia  83.33%           Field reconnaissance work complete, including mapping and sampling.              Finalising data review from field programmes.

 

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