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Investegate |Power Metal Announcements | Power Metal: Kisinka - Update & Grant of Production Licence

Kisinka Project - Update & Grant of Production Licence
Prominent Magnetic Highs Identified, Drilling to be Undertaken Following IP Survey Completion

Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company
announces an update in respect of its 70% owned Kisinka Copper-Cobalt Project ( Kisinka or the Project ).
The Project is located roughly 30km east of the regional capital of Lubumbashi in the southern part of the Katangan Copperbelt within the Democratic Republic of the Congo ( DRC ).
HIGHLIGHTS:
Licensing
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The Company has today been notified of the successful conversion of its Permis de Recherches (exploration licence) to a Permis d Exploitation (25 years Production Licence) over 61 carrés (each of 84.95 ha). ....

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Investegate |Power Metal Announcements | Power Metal: Kisinka Project- Geophysics Programme Commencement

Kisinka Project - Geophysics Programme Commencement
Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company
announces an update in respect of its 70% owned Kisinka Copper-Cobalt Project ( Kisinka or the Project ).
The Project is located some 30km East of the regional capital of Lubumbashi in the southern part of the Katangan Copperbelt in the Democratic Republic of the Congo.
KEY POINTS
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On 20 November 2020 the Company announced laboratory assay results confirming high cobalt and copper values in parts of the 6.8km+ anomalous zone identified by the Company s previous exploration work.
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The local operating team are to mobilise this week to begin a programme of geophysics at the Project under the supervision of Minerals Exploration Associates SARL ( Minex Consulting SA ). ....

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