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Power Metal Resources to accelerate gold exploration work in Australia

Power Metal Resources PLC's (LON:POW) Paul Johnson says an upsurge in interest in the Victoria Goldfields area in Australia has encouraged its joint venture with Red Rock Resources to accelerate its plans in the region. Red Rock Australasia (RRAL), the joint venture, has applied for ten licences covering up to 1,835 sq km in the region and is also considering acquiring granted licences where immediate ground exploration is possible.

Quick facts: Power Metal Resources

Price: 1.2 GBX

AIM:POW
Market: AIM
Market Cap: £9.72 m
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Kavango Resources 'gearing up' after announcing Botswana joint venture with...

Kavango Resources PLC's (LON:KAV) Mike Moles speaks to Proactive London following the announcement of the Botswana strategic joint venture with Power Metal Resources. The venture will see the formation of a new, jointly owned, privately held company that is focussed on large-scale mineral...

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