Power Metal Resources plc expects to drill test an identified high priority target in January 2024 at Molopo Farms Complex in southwestern Botswana.
TWO AREAS
The company has signed a drilling contract with Discovery Drilling Contractors Africa, which completed the 2021 drilling campaign on Molopo.
Operations will focus on the “very strong, steeply dipping multi-kilometre” conductor, co-incident with the keel of the feeder zone intrusion, within target area T1-14.
Since October, Power Metal has advanced plans for drill testing with follow-up analysis determining up to two areas to test the conductor optimally.
A previous postulated geological model confirmed the presence of nickel sulphides and platinum group elements at Molopo.
Power Metal holds an 87.71% interest in Botswana private company Kalahari Key Mineral Exploration Pty Ltd, which holds a 100% interest in the project.