Power Metal Resources plc (LON: POW) the AIM listed metals exploration and development company is pleased to announce an update with regard to the South Ghanzi Project in the Kalahari Copper Belt ('KCB'), Botswana.

The South Ghanzi Project is part of a Strategic Joint Venture ('SJV') with Kavango Resources plc ('Kavango') (LON: KAV) covering precious, base and strategic metal opportunities in Botswana. Power Metal and Kavango each have a 50% interest in the SJV.

Paul Johnson Chief Executive Officer of Power Metal Resources plc commented: 'Both Kavango and Power Metal are eager to push ahead with ground exploration in the KCB, with the South Ghanzi Project demonstrating geological features similar to recent major copper/silver discoveries in the area.

We now intend to conduct an airborne electromagnetic and magnetic geophysics survey in parallel to ongoing ground exploration work which includes intensified soil sampling around target areas. By doing this we will speed up the exploration process at this key stage, hopefully fast-tracking the delineation of initial drill targets.

There is a sense across the SJV team that the South Ghanzi project is shaping up rather well with each step forward. Having seen the benefits of a major discovery in the KCB previously, I am personally keen that we continue to push-on at pace.'

Contact:

Paul Johnson

Tel: +44 (0) 7766 465 617

Notes to Editors

Power Metal Resources plc (LON: POW) is an AIM listed metals exploration and development company seeking a large scale metal discovery.

The Company has a global portfolio of project interests including precious metals exploration in North America and Australia together with base metal exploration in Africa. Project interests range from early stage greenfield exploration to later stage prospects currently subject to drill programmes.

The Board and its team of advisors have expertise in project generation, exploration and development and have identified an opportunity to utilise the Company's position to become a leader in the London market for investors wishing to gain exposure to proactive global metals exploration.

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