Power Metal Resources Share Discussion Threads

[zxie] 05/8/2021 08:12

Good news today

[someuwin] 05/8/2021 07:20

5 August 2021

Power Metal Resources PLC

("Power Metal" or the "Company")

Canadian Silver Project - Phase I Diamond Drilling Programme Update

Diamond Drilling Programme Continues at Pace at the Silver Peak Project in British Columbia, Canada; High-grade Victoria Vein Successfully Intersected in all Holes Completed...

[someuwin] 03/8/2021 22:25

New presentation from Sandfire Resources out today. Very interesting!

This link takes you to the start of the Kalahari Copper Belt stuff (Including a very good video)...

[noirua] 03/8/2021 13:11

Latest Interview:

[someuwin] 02/8/2021 11:04

paul johnson @pauljohnson9691·46m

This is one of those big steps that investors should def. build into their research. The data from South Ghanzi is stunning (eg Morula target at least 18km in length). Now we have increased ground by 229%. Targeting district scale copper-silver discoveries. #scale #intensity

[noirua] 02/8/2021 11:02

The Kanye addition of further ground for exploration is just that. The main waiting points are drilling results awaited for silver and copper prospects. So nothing to get at all excited about on today's announcement. Of course, the RRAL flotation is also key on the TSXV.

So everything or something could turn out great but also remember the outcomes might be downbeat. The small-cap exploration sector is still feeling the downdraft.

[someuwin] 02/8/2021 08:40

paul johnson @pauljohnson9691 ·17m

Absolute priority project for @PowerMetRes

#POW - no other way to describe it. The momentum built in the KCB in 2021 is like nothing I have experienced before.

[pensionplanner] 02/8/2021 08:09

Even with my caveat about having the financial clout to progress projects, little doubt that copper assets will become more and more desirable as the inevitable copper production bottlenecks occur with increased electrification.

[the chairman elect] 02/8/2021 07:42

Paul Johnson, Chief Executive Officer of Power Metal Resources plc, commented:

"With the exploration success Power Metal and Kavango have achieved to date at the South Ghanzi Project, this substantial expansion of our land position within the KCB is a major development for our Company.

Without question the KCB joint venture with Kavango is currently one of Power Metal's highest priorities and we have got to this point in short order through the exceptional work undertaken by the Kavango operational team.

The progress achieved in the KCB demonstrates the value we can generate for our shareholders when we focus our financial and managerial resources on projects that deliver high-impact exploration results efficiently and effectively.

We eagerly look forward to the planned drill programme at South Ghanzi, as well as inaugural and ongoing exploration results at our newly expanded land package within the KCB."

[pensionplanner] 02/8/2021 07:41

Acquisition are good if you have the cashflow to progress them, otherwise you are at the mercy of the City in dilution.

[algernon2] 28/7/2021 19:08

Danmart2:
The above video is riddled with errors. I spotted 3 in the first few minutes.
Here's the first 2 they make. See how many the rest of you can spot.
1 They say Pow's interest in the DRC is in the "Dominican Republic". WRONG
2)They say the share price has tanked to "just £2.00"(two pounds).WRONG
A catalogue of basic schoolboy errors. As audits go it's a big FAIL.

[danmart2] 28/7/2021 16:44

Power Metal financial analysis

hxxps://youtu.be/o-99JFigVKQ

Very interesting YouTube channel! Some good quality insight.

[algernon2] 28/7/2021 14:29

"More grist to the mill" ?!

keep 'em coming Paul.

[soulsauce] 28/7/2021 08:56

Hmmm 'another' project to add to the growing list :-/

[algernon2] 27/7/2021 20:07

Shearluc, good luck with the decision.
I'm hanging on to mine for a bit longer.
I am also in POW, Kav and RRR.

[shearluc] 27/7/2021 12:40

I sold out my KAT holding last week for a loss of nearly £25k....complete loss of confidence in LC. Have split the money between KAV & POW

[walter walcarpets] 27/7/2021 12:09

Noirua: I'm assuming it's cheaper drilling to test the water.

[noirua] 27/7/2021 12:05

There must be some good reason for diamond drilling at Silver Peak being only 10 metres deep x 20 holes. So I guess they feel pretty confident which may well be a cheery factor after the downdraft on microcap explorers in recent months.

The KAV interest held continues to be a good investment but very high risk in the very short term. The KAT investment is the reverse having slid back as confidence evaporates.

[walter walcarpets] 27/7/2021 09:11

Drilling recommenced at Silver Peak

[noirua] 26/7/2021 21:51

Nickel Worth a Dime for BHP and Tesla
22 July 2021

[noirua] 21/7/2021 15:28

The Malopo Farm Nickel grades today appear quite poor. Grades around 2% are needed as a resource is always far less than that. If the width is 30 metres or more then of course lower grades are fine but widths here are not anywhere near that. Anyway, I expect further drilling and deeper drilling is to come that could change all that to favourable.

[skiboy10] 20/7/2021 14:39

SP Angel Morning View

Power Metal Resources* (POW LN) 2.03p, Mkt cap £24.2m – Soil sampling extends Morula Target Geochemical Anomaly to Over 18km

Kavango Resources (KAV LN) 5.45p Mkt cap £20m

(South Ghanzi is held under a 50/50 Joint Venture) with Kavango Resources, with Kavango being the operator of the project)

Power Metal reports that results from further geochemical soil sampling and geological mapping on the Morula Target in Prospecting Licence 036/2020 at the South Ghanzi Project, located in the Kalahari Copper Belt, Botswana.

A total of 150km of soil sampling lines have now been completed over South Ghanzi's Acacia and Morula targets.

The Morula Target is now over 18km long, up from the 12km previously announced on the 21st of June – and varies between 800m and 2.4km in width.

The geochemical anomaly remains open along strike in both directions towards the northeast and southwest.

A third sub-parallel geochemical anomaly has been identified immediately to the south of the Morula Target, named ‘Happy’ and approximately 5km long and approximately 700m wide.

Extension of the infill soil sampling has extended the additional infill soil sampling lines from 5.5km to 11km, enabling the identification of the Happy Target.

A total of 150km of soil sampling lines now complete over the Acacia, Morula and Happy targets, with 2,105 soil samples have now been taken over all targets where 1,199 samples returned Cu-in-soil readings >30ppm Cu and 1,050 samples returned Zn readings >29ppm Zn.

Additional sample lines over the Morula Target returned 63 highly anomalous copper readings of >45ppm Cu, with 5 results >62ppm Cu.

The JB now intends to conduct a geophysics programme at South Ghanzi, including Induced Polarization (IP) and Audio-frequency Magnetotellurics (AMT) surveys planned to define drill targets, along with further soil sampling.
*SP Angel act as Nomad and Broker to Power Metal Resources

[noirua] 19/7/2021 12:54

Unfortunately, there still appears to be a load of converted warrant shares being unloaded. Profits we know are nearly 200% and in these difficult markets why not take some.
The update today is fine but diamond drilling results are what is needed. Or at least air core drilling to 120 metres or so.

Soil sampling continuing apace is all very good but indicates the early stage of work on tenements. The Australian flotation on the Canadian TSXV and up-and-coming drilling by Kavango are the upfront important factors.
The gold shares on the TSX and TSXV have fallen badly across the board with some minnows down 40% to 60%. So floating of RRAL must now be in question and my view is it will need to be put off to next year the way things are going.