Power Metal Resources PLC - Metals exploration company focused on North America, Africa, and Australia - Says geochemical soil sampling confirmed ‘two significant gold anomalies’ at its 100%-owned Tati gold project in Botswana. Says expedited follow-up exploration programme is underway. Chief Executive Officer Sean Wade said the sampling data and an eight-kilometre long gold trend at the project appear to show the ‘potential to host a very large gold deposit’. The firm is seeking to advance the project ‘expeditiously’, he said, while also managing inbound interest and the potential for near-term small scale mining.
Current stock price: 0.85 pence, up 4.3%
12-month change: down 44%
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