Power Metal Resources plc (LON: POW) the AIM-listed Africa focused metal exploration and development company is pleased to advise that Kalahari Key Mineral Exploration Pty Limited (“Kalahari Key”).
A company in which Power Metal Resources has an 18.26% shareholding, has now published an updated website which may be viewed through the following link:
https://www.kalaharikey.co.uk/
Power Metal Resources also has a right by 31 December 2019 to elect to earn into a 40% direct project interest in the Molopo Farms Complex project (the “Project”), a Nickel-Copper-PGMs exploration project 100% owned by Kalahari Key, through an investment of US$500,000 in the Project by 31 December 2020.
Should the Company elect to earn in, Power Metal Resources will hold an effective economic interest of 50.96% in the Project.
For further information please visit https://www.powermetalresources.com
Notes to Editors:
Power Metal Resources plc (LON:POW) is an AIM listed African focused metals exploration and development company exploring for the key metals used in power generation, transmission, storage and utilisation. The Board and team of advisors, who have proven expertise in 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 power metal commodity suite, particularly cobalt, lithium, copper and nickel.
