Kisinka Project - Update & Grant of Production Licence Prominent Magnetic Highs Identified, Drilling to be Undertaken Following IP Survey Completion Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company announces an update in respect of its 70% owned Kisinka Copper-Cobalt Project ( Kisinka or the Project ). The Project is located roughly 30km east of the regional capital of Lubumbashi in the southern part of the Katangan Copperbelt within the Democratic Republic of the Congo ( DRC ). HIGHLIGHTS: Licensing · The Company has today been notified of the successful conversion of its Permis de Recherches (exploration licence) to a Permis d Exploitation (25 years Production Licence) over 61 carrés (each of 84.95 ha).