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IN BRIEF: Power Metal to drill T1-14 target in Molopo, Botswana

ALN

Power Metal Resources PLC - metals exploration company focused on North America, Africa, and Australia - Advances plans to drill target at T1-14 target in its Molopo Farms complex project in southwestern Botswana. It is currently negotiating a drill contract which it expects will commence in the first quarter of 2024. Chief Executive Officer Sean Wade says: ‘I am pleased to report further progress at Molopo, and we look forward to commencing the drilling of this high priority conductor. Molopo has been, and remains, one of our highest priority exploration opportunities, and one that we remain convinced has the potential to be a significant value driver for Power Metal.’

Current stock price: 0.51 pence, down 2.1%

12-month change: down 65%

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