Ariana Resources Logo

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 (LSE:POW) has said that the drilling of its Silver Peak project in British Columbia, Canada, is on schedule to begin before the end of the week. The firm plans to complete an in...

Power Metal Resources (LSE:POW) has signed up with a Canadian specialist drill company for the next phase of its promising Silver Peak exploration.  The programme for 500m of diamond core drilling o...

Power Metal Resources (LSE:POW) has reported that drilling is moving forward at its hugely prospective Molopo Farms Complex (MFC) project. The AIM-listed metals explorer is targeting massive nickel s...

Power Metal Resources (LSE:POW) continued its strong run of news on Wednesday with an exploration update from its silver project in British Columbia. The firm, which has risen by more than 200% this ...

Power Metal Resources (AIM:POW) is banking on a set of monster results from an upcoming drill campaign in Botswana. The Molopo Farms project is targeting prospective massive nickel sulphide mineralis...

Earlier this week, Power Metal Resources (LSE:POW) outlined in detail its plans to "push on with existing interests more innovatively and aggressively" following a recent £1 million fundraise. The c...

Friday morning saw Power Metal Resources (LSE:POW) reveal enlarged areas of prospectivity at its 70%-owned Kisinka copper-cobalt project in the DRC. The firm launched into a pitting and mapping explo...

AIM-listed metals explorer Power Metal Resources (LSE:POW) will double the size of its joint venture Australian gold project in central Victoria. The application for four new gold license areas total...

Power Metal Resources (LSE:POW) is pushing ahead with a massive nickel sulphide project in Botswana and now says it has identified four key targets for drilling. The AIM-listed explorer has an intere...

The discovery of a vast seam of copper at the Kinsinka mine in the Democratic Republic of Congo has produced a welcome bump for Power Metal Resources (LSE:POW). The AIM-listed explorer has been conce...