Australia Gold Joint Venture - Exploration Update
Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company
is pleased to announce
an exploration update in respect of
Red Rock Australasia Pty Ltd ("RRAL") a joint venture company with gold exploration interests near the historic mining centre of Ballarat in the Victoria Goldfields.
Power Metal has a 49.9% interest in RRAL, with Red Rock Resources plc ("Red Rock")(LON:RRR) holding a 50.1% interest.
Highlights:
· Further to the Company's announcement of 3 February 2021 announcing the commencement of exploration on recently granted exploration licences a sampling and mapping programme has been undertaken.