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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) 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 ...

AIM-listed Power Metal Resources has signed a deal to expand its Canadian exploration by acquiring four new gold properties in Ontario. Historic sampling from the option properties has revealed figur...

Power Metal Resources (LSE: POW) has hit new all time highs above 3p on news about its Ditau Project in Botswana.  The London-listed miner climbed more than 5% on Tuesday 5 January after announcing ...

Power Metal Resources (LSE: POW) chief executive Paul Johnson has upped his stake in the firm to 7.12% by buying 1 million shares. It’s another endorsement for the AIM-listed metals explorer at a ti...

Power Metal Resources (LSE:POW) has extended the size of its Alamo gold project in Arizona, US, after a recent exploration programme identified a number of additional areas prospective for mineralisat...

Drilling is ready to begin at the highly-prospective Haneti polymetal project in Tanzania owned by London-listed miners Katoro Gold (LSE:KAT) and Power Metal Resources (LSE:POW).  The JV has signed ...