Power Metal Resources plc said it had started the next phase of exploration ahead of drilling at its nickel-copper-platinum group element (PGE) project at the Molopo Farms Complex in southwest Botswana.
WORK
The company has engaged Spectral Geophysics to conduct two electromagnetic geophysics surveys for precise targeting of planned diamond drill holes.
Power Metal’s technical team has compiled all project data into a dataroom, which is available for third parties who have expressed an interest in the project.
The company is also in final negotiations with Botswana drill contractors for the drill programme in autumn, focused on discovering economic nickel sulphides.
REINVIGORATE
Chief executive Paul Johnson added that Molopo was a priority exploration project for the company.
“We are making very important progress as we look to reinvigorate the Molopo Farms project, arguably one of the company’s major exploration success stories from 2020/2021.”