Power Metal Resources plc’s ground geophysics and trenching have confirmed the geological setting in the Cherished Hope mine at the Tati gold project near Francistown in Botswana.
MINERALISATION
The results are from completed initial exploration phases of ground geophysics and 431 metres of trenching over the northwest over the mine and southeast extensions.
Beneath overburden in trenches, the company identified multiple silicified and quartz rich zones with returned elevated gold results including >0.2g/t Au and up to 2.32g/t Au.
Power Metal said that the mine area was highlighted by gold mineralisation concentrated within quartz reefs (massive veins, veinlets and silicified zones) hosted within predominantly diorite units.
Ground magnetic geophysics results highlighted the location of multiple post-mineralisation dolerite dykes known to persist throughout much of the Tati greenstone belt.
TAILINGS
The company will next begin infill soil geochemical sampling programme, which was delayed by a longer than usual rainy season, followed by reverse circulation and/or diamond drilling.
“We have made significant progress on this important project and we have further built our technical knowledge of the gold potential across the 8km gold-in-soil-anomaly,” added chief executive officer Sean Wade.
“Economic processing of the tailings also remains a priority and we are actively exploring our options in that regard.”