Power Metal Resources plc reported visible sulphide mineralisation in its first drill hole at the nickel-copper-platinum group element project at Molopo Farms Complex, southwest Botswana. DDH1-6B Drill hole DDH1-6B, within priority target area T1-6, marks the start of a 2,600m drill campaign. The company reached 576m and, after identifying visible sulphide mineralisation, will extend the planned target depth […]
Tag: Molopo Farms Complex – Botswana
Power Metal adds third major target for Molopo drill
Power Metal Resources plc has identified a third drill target at its 1,723km2 nickel-copper-platinum group element (PGE) project at Molopo Farms Complex in southwest Botswana. T1-3 Final analyses of MLEM surveys, which previously denoted targets T1-6 and T2-3 as priorities, have also highlighted a “significant ‘jelly-bean’ shaped, geophysical conductor” at target area T1-3. The company said […]
Power Metal identifies second notable conductor at MFC
Power Metal Resources plc has identified a second large geophysical conductor at the Molopo Farms Complex nickel-copper-platinum group element (PGE) project, southwest Botswana. T2-3 The company previously identified at target area T-16 where two holes are currently being drilled. Power Metal’s most recent findings follow anaylsis of data from ground-based electromagnetic (EM) as well as magnetic […]
Power Metal starts inaugural drill at Molopo
Power Metal Resources plc has started its inaugural drill programme at the Molopo Farms Complex nickel-copper-platinum group element (PGE) project in southwest Botswana. PROGRAMME The company began diamond core drilling drillhole DDH1-6B targeting a large southerly dipping conductor at priority target T1-6. Site preparations are underway for drilling to start soon on the second drillhole DDH […]
Power Metal nears drilling 2,600m at Molopo
Power Metal Resources plc soon expects to start drilling a 2,600m strike-length target at its nickel-copper-platinum group element (PGE) Molopo Farms Complex project in Botswana. SURVEY AND MODELLING Ahead of the decision to drill, the company completed a high-resolution ground magnetic (ground-mag) geophysics survey over high priority Target 1-6 (T1-6) covering 2,700m by 1,600m. From […]
Power Metal raises £1m via placings
Power Metal Resources plc has raised a total of £1,080,000 via two placings, including one by a single investor, to fund drilling at its nickel sulphide project at Molopo Farms Complex, Botswana. PLACINGS The company said that the financing would also enable potential expansion of other priority exploration activities. In the first placing, Power Metal […]