The Democratic Republic of the Congo

POW holds a 70% interest in the Kisinka Copper-Cobalt 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.

Kisinka is a 50km² licence with 7km of strike along the Roan group of rocks, which hosts most of the DRC’s copper and cobalt mines. There are many large cobalt-copper mines in area, both on strike and in the same rock structure, to the west.

Roan horizons of central Africa are host to the world’s largest and highest-grade sedimentary rock-hosted copper-cobalt deposits in the Copperbelts of Zambia and the DRC as shown below in Figure 1.

Figure 1 - Licence location & Roan Horizons

Figure 1 - Licence location & Roan Horizons

During 2019, the Company conducted a termite sampling programme over the entire 62 mining square tenement (approximately 50 square kilometres) using a grid of 400m x 200m.

XRF results identified a 6.8 km by 600m copper-in-soil-anomaly oriented SE-NW as shown below in Figure 2.

Figure 2 - Termite mounds samples collected over the Kisinka Project

Figure 2 - Termite mounds samples collected over the Kisinka Project

POW commissioned a follow up programme to include pitting focussed on the target area containing the 6.8km copper anomaly.

The programme completed successfully, with 21 pits completed totalling 174.5 metres on 9 cross sections of the copper anomaly target area. 204 channel samples were collected, and 3 grab samples from the bottom contacts of selected pits as shown below in Figure 3.

Figure 3 - Kisinka Pit Status

Figure 3 - Kisinka Pit Status

Assay results confirm the July 2020 X-ray fluorescence (XRF) testing of the samples, with good correlation of copper and cobalt results as shown below in Figures 4 & 5.

Figure 4: Kisinka Pitting Geochem: ALS Cu values contour map

Figure 4: Kisinka Pitting Geochem: ALS Cu values contour map

Figure 5: Kisinka pitting Geochem: ALS Co values contour map

Figure 5: Kisinka pitting Geochem: ALS Co values contour map

Summary

Project: Kisinka

Target metals: Copper - Cobalt

Objective: Discovery
Seeking to secure a major metal discovery within our current/future licence ground helping to confirm Lubumbashi region as a new copper-cobalt district

Status: Active
Project wide termite mound sampling completed and 6.8km copper anomaly identified. Pitting programme just completed to test for copper and cobalt mineralisation. Pitting, sampling and mapping confirmed and extended the known anomaly with final assay results awaited.

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Power Metal Resources plc
201 Temple Chambers
3-7 Temple Avenue
London EC4Y 0DT
United Kingdom

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