Power Metal Resources (LON:ABM)

Power Metal Resources (LON:ABM)


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Power Metal Resources RNS Release

Kisinka Project - Operational Update


RNS Number : 7855X
African Battery Metals PLC
02 May 2019
 

02 May 2019

African Battery Metals plc ("ABM" or the "Company")

Kisinka Copper-Cobalt Project - Operational Update

African Battery Metals plc (LON:ABM) the AIM listed battery metal exploration and development company is pleased to announce an update regarding exploration activities at the Company's Kisinka Copper-Cobalt project ("Kisinka" or the "Project") in the Democratic Republic of Congo ("DRC").

The recommencement of activities was announced by the company on 12 April 2019 and further information was provided via market announcement which can be viewed on the Company's website:

https://www.abmplc.com/n/n99/kisinka-copper-cobalt-project-exploration-commences

Highlights:

·   A field camp has now been established at the Company's Kisinka project to provide a base for field operations for 14 on site staff who are conducting or supporting field activities;

 

·     A total of 248 termite mound samples have been collected to date from the field and samples are being transferred to the operational office, from the field, to allow sample preparation and analysis;

·    The termite mound sampling programme is ongoing and additional samples will be collected during the coming weeks;

·     Further reports to market will be provided as and when material developments occur.

 

Paul Johnson, Executive Director of African Battery Metals commented: "After quite a gap in operational activity for the Company I am pleased to advise that operations are now underway at Kisinka where we are targeting copper-cobalt mineralisation in a highly prospective region.

I am keen to ensure the market is fully informed as material developments occur in respect of Kisinka and also across our other projects and wider commercial activities."

 

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

 

African Battery Metals plc

 

Paul Johnson (Executive Director)

+44 (0) 7766 465 617

SP Angel Corporate Finance (Nomad and Joint Broker)

 

Ewan Leggat

+44 (0) 20 3470 0470

SI Capital Limited (Joint Broker)

Nick Emerson                                                                                                         +44 (0) 1483 413 500

 

 

 

Notes to Editors:

ABM is an AIM 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 the Company's position to become a leader in the London market for investors to gain exposure to the battery metal commodity suite, particularly cobalt, lithium, copper and nickel. 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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