Power Metal Resources plc said it planned a deep diamond drill campaign following results of RAB drilling at its joint venture nickel and platinum group metals (PGM) project at Haneti, central Tanzania. POTENTIAL The 50-hole, 1,965m shallow rotary air blast (RAB) drilling programme was conducted at Mihanza Hill and Mwaka Hill. Power Metal said that […]
Tag: Haneti Tanzania
Power Metal starts RAB drilling at Haneti
Power Metal Resources plc announced it had started its first drill at the nickel-copper-PGM Haneti project in central Tanzania. HANETI The project covers some 5,000km2 in central Tanzania and comprises tenements (prospecting licences, offers and applications) prospective for nickel, PGMs and gold. Power Metal holds 35% interest and Katoro Gold plc holds 65%. TARGETS The programme […]
Power Metal mobilises rig at Haneti
Power Metal Resources plc said it had signed a drilling contract and is mobilising the rig to its 5,000 km2 nickel and platinum group metals (PGM) project in Haneti, central Tanzania. NOTABLE Power Metal holds a 35% ownership interest in Haneti with 65% held by Katoro Gold plc. The drill contract was signed with Amazon […]