Metals & Minerals News

Power Metal fails to find economic nickel at Haneti

Power Metal Resources plc said that drilling results had failed to show economically significant intersections of nickel at Haneti in central Tanzania. LITHIUM The company now plans advanced targeting and re-engagement with potential partners. The joint venture, between Power Metal (35%) and operator Kotoro Gold (65%), includes the new Babayu lithium prospect, 40km southwest of Haneti. In […]

Metals & Minerals News

Power Metal encouraged by inaugural drill at Haneti

Power Metal Resources plc said it was encouraged by the technical and geological success of its first diamond drill programme on the nickel-copper-cobalt-platinum group element Haneti project in central Tanzania. PROGRAMME The joint venture (JV) between Katoro Gold plc (65%) and Power Metal (35) drilled 900.04 metres across three holes. Operator Katoro has started core logging and […]