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IN BRIEF: Power Metal Starts Exploration Work At Alamo Gold Project

4th Aug 2020 21:06

Power Metal Resources PLC - AIM listed metals exploration and development company headquartered in London - Announces start of exploration work at Alamo gold project in Arizona, US. Work follows successful completion of an agreement to acquire an option to earn-in as much as a 75% interest in the project. Alamo is a package of mining claims covering a 766 acre area in west-central Arizona. The goal of exploration is to "investigate the source of the nugget gold mineralisation and the potential for a large mineralised gold system."

Current stock price: 0.98 pence

Year-to-date change: up more than 100%

By Anna Farley; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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