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Power Metal receives bulk of historical reports for Victoria applications

"The project Reports provide extensive evidence of gold mineralisation throughout the licence application ground"

Power Metal Resources -

Power Metal Resources PLC  (LON:POW) said its Australian gold joint venture (RRAL) has now received all historical reports and assessments bar two for its licence applications in Victoria.

Paul Johnson, Power Metal’s chief executive, said:  "A key priority for RRAL is finalisation of the NI 43-101 technical report, which now provides coverage of the recently acquired Kilmore West license application.

"The project Reports provide extensive evidence of gold mineralisation throughout the licence application ground and demonstrates multiple initial targets for exploration work.”

Red Rock Australasia Pty Ltd (RRAL) is a joint venture between Power Metal Red Rock Resources (LON:RRR).

Quick facts: Power Metal Resources

Price: 1.125 GBX

AIM:POW
Market: AIM
Market Cap: £9.11 m
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