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Power Metal Resources (AIM: POW) is a London listed, Africa focused, resource company exploring for the key metals used in next generation batteries that fuel the new electric vehicle revolution.

The Board and team of advisors, who have proven expertise in African exploration, mining and project generation, have identified an opportunity to utilise their position to become the primary vehicle on the London market for investors to gain exposure to the battery metal commodity suite, particularly cobalt, lithium, copper and nickel.

To this end, the Company has a diverse portfolio of projects across several jurisdictions.

POW holds the 50km² Kisinka licence in the DRC with 7km of strike along the Roan group of rocks, which hosts most of the DRC’s copper and cobalt mines. There are many large cobalt-copper mines in area, both on strike and in the same rock structure, to the west.

Through its subsidiary Cobalt Blue Holdings (CBH) the company has exposure to highly prospective cobalt assets in Cameroon. CBH holds four Cameroon-based nickel-cobalt exploration licences through two 100% owned subsidiaries, LC Exploration Ltd and LC Minerals Ltd.

In the Côte d'Ivoire, through its subsidiary Regent Resources Interests Corp. POW has entered into an agreement to earn into 70% of the Lizetta II chrome, nickel, cobalt exploration licence by expending a total of USD 850,000 on the project over the period to June 2021.

Latest Articles

Power Metal Resources (LON:POW | FRA: 2M5) on Thursday revealed it has signed an agreement to acquire two new exploration properties, building an exciting group of interests in Nevada. The firm is ac...

Power Metal Resources (LON:POW | FRA: 2M5) on Thursday revealed it has signed an agreement to acquire two new exploration properties, building an exciting group of interests in Nevada. The firm is ac...

Power Metal Resources (LON:POW | FRA: 2M5) announced Tuesday it has executed an agreement and can now earn a100% interest in central Nevada’s Golconda Summit Gold Property. Golconda Summit is an ea...

Power Metal Resources (LON: POW | FRA:2M5) unveiled its brand new ‘incubator’ business on Monday, aiming to support small find ventures in the junior resource space. This could well bring even mor...

Power Metal Resources’ (LSE:POW | FRA:2M5) business model may have been overlooked before, but now is the time to sit up and take notice of its impressive potential. Speaking last week, chief execu...

Power Metal Resources (LON:POW) revealed Wednesday that, on the back of a maiden rotary air blast drill programme at Haneti, the project will move to the next step of deep diamond drilling. The compa...

Power Metal Resources (LON: POW) has accelerated its earn-in for Silver Peak and agreed a stock exchange listing for the promising Canadian asset. The metals exploration and development firm took the...

Power Metal Resources (LSE:POW) last week updated investors on the latest developments across its global exploration portfolio, including progress at its potentially transformational gold joint ventur...

Power Metal Resources (LSE:POW) and its Australia gold JV partner Red Rock Resources (LSE: RRR) will be well known to UK investors.  Each has seen its share price triple in the last six months. And ...

Power Metal Resources (LSE: POW) has won three hotly-contested licenses to explore for gold in the world‘s fastest-growing precious metals region in Australia. All three licenses have been granted ...