26 May 2021 Power Metal Resources plc the AIM listed metals exploration and development company is pleased to announce its unaudited interim results for the six months ended 31 March 2021. Statement by Paul Johnson, Chief Executive Officer: In the six months ended 31 March 2021 we have pushed the Power Metal business to explore extensively across its project portfolio with, in our view, some excellent and very fortunate findings. We are seeking large scale metal discoveries with the emphasis on plural as we believe our portfolio is capable of delivering a number of discoveries. Junior resource exploration is a high-risk endeavour, so investors in Power Metal rightly expect the potential for outsized returns that come with discoveries and to achieve them requires proactivity and investment in exploration.
Alamo Gold Project â Arizona USA â Exploration Update
Alamo Gold Project - Arizona USA - Exploration Update
Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company is pleased to provide an exploration update for the Arizona USA based Alamo Gold Project (the Project ) in which Power Metal has the right to earn-in up to a 75% interest.
HIGHLIGHTS:
The planned December 2020 work programme at the Alamo Project has now commenced with a field camp established and the contract geologists active on the property since Monday.
Work is focussing on six areas where geological mapping has identified conglomerate units which are prospective for hosting coarse gold. These basal conglomerates
Alamo Gold Project - Arizona USA - Exploration Update Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company is pleased to provide an exploration update for the Arizona USA based Alamo Gold Project (the Project ) in which Power Metal has the right to earn-in up to a 75% interest. HIGHLIGHTS:
- The planned December 2020 work programme at the Alamo Project has now commenced with a field camp established and the contract geologists active on the property since Monday.
- Work is focussing on six areas where geological mapping has identified conglomerate units which are prospective for hosting coarse gold. These basal conglomerates