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.