Aim-listed Power Metal Resources (POW) has completed the initial due diligence related to the Alamo project, in Arizona, taking it a step closer to earning in a 60% interest in the project.
The Alamo project is a package of mining claims covering an area of 340 acres.
The project was originally identified as prospective for gold following the discovery of native gold nuggets near surface in numerous locations within the project boundaries.
The region in which the project is situated is also prospective for silver, lead, zinc and copper.