Extractive Industries

Power Metal granted Molopo licences extension

Power Metal Resources plc has been granted two-year extensions to its prospecting licences at the nickel sulphide-platinum group elements Molopo Farms Complex project in Botswana.

Target: is within a very strong, steeply dipping, multi-kilometre geophysical conductor (Power Metal)

SURVEYS

Project owner, Kalahari Key Mineral Exploration Pty Ltd, in which Power Metal holds an 87.71% interest, received the consents for prospecting licence 310/2016 and PL311/2026.

Operations at the site are expected to continue in the coming days with the start of planned drilling as Discovery Drilling Contractors Africa starts mobilisation.

The target is within a “very strong, steeply dipping, multi-kilometre” geophysical conductor, co-incident with the keel of the feeder zone intrusion within target area T1-14.

Power Metal has also completed ground audio-frequency magnetotelluric as well as magnetics over T1-14 and T1-9 to refine targeting at two locations along the conductor.

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