GABORONE – Power Metal Resources has witnessed a sharp increase in its share price following the announcement of the commencement of drilling activities at the Molopo Farms complex nickel project in Botswana. This development, coupled with the acquisition of uranium land in Canada and the successful AIM listing of its subsidiary Golden Metal, has positively impacted the company’s market performance. Golden Metal’s share price has seen a near doubling after reporting favorable drilling outcomes in Nevada, contributing to a 20% rise in Power Metal Resources’ shares to 1.03p.

According to Africa News Agency, The company’s strategic expansion and exploration success have garnered significant investor interest, signaling a promising outlook for Power Metal Resources’ operations in both Botswana and internationally. The exploration activities at Molopo Farms, alongside the diversification into uranium in Canada and the achievements of Golden Metal in Nevada, underline Power Metal Resources’ robust growth strategy in the mining sector.