Power Metal Resources plc has completed 10% of its 12.5% earn-in on the Block 8 copper exploration concession in northern Oman. TARGETS The company spent US$500,000 on work including rock chip sampling, mapping and in-fill gravimetric geophysics surveys focused on “high priority” prospects, Al Maider and Al Mansur. Power Metal said that both prospects had the […]
Tag: Block 8 – Hazm – northwestern Oman
Power Metal survey defines anomalies at Block 8
Power Metal Resources plc has defined five named anomalies from gravimetry geophysical survey results and fieldwork over the Al Mansur prospect at Block 8 in the Hazm area, northwest Oman. TARGETS The company’s subsidiary Power Arabia is undertaking exploration work as part of an earn-in agreement for a 12.5% stake in the project held by Alara […]
Power Metal finds new copper locations in Oman
Power Metal Resources plc’s exploration fieldwork has returned “very significant” copper results at its proposed 12.5% earn-in on Block 8 in the Hazm area, northwest Oman. AL MAIDAR The concession is held by Australian-listed Alara Resources Ltd and Awtad Copper LLC. A review of historical technical, geophysical and geological data has pinpointed an initial five target areas on […]
Power Metal formalises Oman copper earn-in
Power Metal Resources plc has finalised the formal binding terms of a proposed earn-in on the Block 8 copper concession in the Hazm area of northwestern Oman. SAMPLING Agreed with Alara Resources Ltd and Awtad Copper LLC, the company’s subsidiary Power Metal Arabia will spend up to US$740,000 for a 12.5% stake. Work will involve stream and Wadi sampling with […]
Power Metal targets Oman copper earn-in
Power Metal Resources plc has signed a non-binding heads of terms to earn 12.5% in the Block 8 copper concession in the Hazm area of northwestern Oman. EXPLORATION The company and its majority owned subsidiary Power Arabia Ltd reached the deal with Australia-based Alara Resources Ltd and Awtad Copper LLC. Alara’s flagship mining project is the Al Wash-hi […]