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Power Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Says prospecting licence PL049/2022, covering the historical Cherished Hope gold mine as well as a large gold-in-soil anomaly coincident with a prominent northeast-southwest oriented regional structure, has been granted. ‘The grant of this additional prospecting licence is a significant achievement for the Tati Project, covering a number of major gold anomalies identified by our team during a in-depth desktop analysis completed following the receipt of our 2021 drilling programme assay results,’ says Chief Executive Paul Johnson. Company is undergoing an in-depth review of all historical results covering the newly granted licence.
Current stock price: 1.54 pence, up 6.1% on Friday
12-month change: down 38%
By Lucy Heming; lucyheming@alliancenews.com
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