Extractive Industries

Power Metal completes first drill hole at T1-3 in Molopo

Power Metal Resources plc has completed the first drill hole at target area T1-3 at its Molopo Farms Complex nickel and platinum group elements project in southwest Botswana.

Figure 3: cross section over Target Area T2-3 with downhole trend of current drillhole DDH2-3A – targeted conductor in blue (Power Metal Resources)

OPERATIONS

Diamond drillhole DDH1-3A reached a depth of 450m while the first drill hole, DDH2-3A, into target area T2-3A has to date reached downhole depth of 129.4m.

The company has now paused drilling operations for the holiday period.

Power Metal said that the electromagnetic geophysics conductor at target area T2-3A was approximately 400m downhole depth, so will be drill tested following resumption of drilling in early to mid-January 2023.

WORK STREAMS

Chief executive Paul Johnson added that there was a strong momentum with operations at Molopo.

“From five drillholes across four target areas we have completed over 2,000m of diamond drilling, the drill core from which, is now the focus of multiple ongoing technical work streams including detailed core logging, downhole geophysics analysis and assay testing.”

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