Victoria Goldfields - Broker Note

RNS Number : 3003Q

Power Metal Resources PLC

18 June 2020

 

18 June 2020

Power Metal Resources plc ("POW" or the "Company")

Victoria Goldfields - Broker Note

Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company is pleased to announce the Company's joint broker SI Capital Limited has published an Victoria Goldfields Broker Note ('Note') which may be viewed through the following link:

https://www.powermetalresources.com/sicapital

The Note will be updated on an interim basis to capture new business developments and updates will be loaded onto the Company website under the above weblink.

POW Australian Gold Joint Venture Background

POW has a 49.9% interest in an Australian gold joint venture ("JV") company Red Rock Australasia Pty Ltd ("RRAL").

RRAL has lodged applications for ten new gold exploration license areas covering 1,835 sq km in the Victoria Goldfields of Australia.

Readers wishing to view the current application footprint may do so through the following link to the POW website: https://www.powermetalresources.com/p/207/rrraustralasia-gold-project-footprint

For further information please visit https://www.powermetalresources.com/ or contact:

Power Metal Resources plc
Paul Johnson (Chief Executive Officer)	[phone]
SP Angel Corporate Finance (Nomad and Joint Broker)
Ewan Leggat	[phone]
SI Capital Limited (Joint Broker)
Nick Emerson	[phone]
First Equity Limited (Joint Broker)
David Cockbill/Jason Robertson	[phone]

Notes to Editors:

Power Metal Resources plc (LON:POW) is an AIM listed metals exploration and development company seeking a large scale discovery of precious or base metals.

The Company has a portfolio including key interests in Australia, Botswana, Cameroon, The DRC and Tanzania.  The interests represent large scale exploration projects targeting mainly cobalt, copper, gold, nickel and platinum group metals. Project interests range from early stage brownfields exploration to later stage drill ready prospects.

The Board and its team of advisors have expertise in project generation, exploration and development and have identified an opportunity to utilise the Company's position to become a leader in the London market for investors wishing to gain exposure to proactive metals exploration.

 

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