Finance Metals & Minerals News

Power Metal looks for Molopo funding

Power Metal Resources plc is exploring financing to progress its Molopo Farms Complex in southwest Botswana. INVESTMENT The company previously drilled hole DDH1-14C which intersected the steeply dipping geophysical superconductor at the high priority target area T1-14. Power Metal collected eight samples from 828.4m to 832.6m end of hole which remains open at depth. “Significant […]

Metals & Minerals News

Power Metal intersects Molopo superconductor

Power Metal Resources plc has intersected the targeted steeply dipping geophysical superconductor at Molopo Farms Complex, southwest Botswana. ANALYSIS The company is targeting a district-scale nickel and platinum group element (PGE) discovery at the project. Diamond drilling on DDH1-14C began in February and has now completed to a final depth of 832.6 metres at the high priority […]

Equipment & Logistics Metals & Minerals News

Power Metal begins diamond drilling at Molopo

Power Metal Resources plc has started diamond drilling, targeting a district-scale nickel and platinum group element discovery, at its Molopo Farms Complex in southwestern Botswana. LOCATIONS The company’s drill hole, estimated to reach a depth of 700-800m, is focused on the multi-kilometre, steeply-dipping conductor at target area T1-14. A ground audio-frequency magnetotelluric and magnetics over target […]

Metals & Minerals News

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. 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 […]

Equipment & Logistics Metals & Minerals News

Power Metal to drill test Molopo in new year

Power Metal Resources plc expects to drill test an identified high priority target in January 2024 at Molopo Farms Complex in southwestern Botswana. TWO AREAS The company has signed a drilling contract with Discovery Drilling Contractors Africa, which completed the 2021 drilling campaign on Molopo. Operations will focus on the “very strong, steeply dipping multi-kilometre” conductor, co-incident […]

Equipment & Logistics Metals & Minerals News

Power Metal targets ‘high priority’ superconductor

Power Metal Resources plc has identified a high priority drill target on a superconductor at the 1,723km2 Molopo Farms Complex nickel-platinum group elements discovery, southwest Botswana. TWO CONDUCTORS A hole, drilled in 2022, to a depth of 520m failed to intersect the modelled superconductor which is on target area T1-14. The company then engaged a geophysicist […]