Power Metal Resources plc said that recent proof-of-concept drilling had confirmed the geological model for magmatic sulphide mineralisation at Molopo Farms Complex (MFC) in Botswana. The company currently has a 40% direct MFC project interest as well as an 18% share in operator Kalahari Key Mineral Exploration Pty Ltd, for a combined effective economic interest of 50.8%. […]
Tag: Molopo Farms Complex (MFC)
Power Metal secures 50.8% in NiS-PGMs Molopo project
Power Metal Resources plc announced it had completed the earn-in to a 40% direct interest in the nickel sulphide and platinum group metals project at Molopo Farms Complex (MFC) in Botswana. The miner’s agreement with Kalahari Key Mineral Exploration Pty Ltd began in 2019 based on Power Metals expending US$500,000 on exploration, notably drilling of […]
Power Metal confirms nickel intersections at Molopo
Power Metal Resources plc announced significant nickel intersections from the first assay results for diamond drilling at the Molopo Farms Complex project in Botswana. Site operator, Kalahari Key Mineral Exploration Pty Ltd, is targeting prospective magmatic intrusion-hosted massive nickel sulphide and platinum-group element (PGE) mineralisation at the district-scale site. In October 2020, Kalahari Key began […]
Power Metal starts third NiS-PGM drill hole at Molopo
Power Metal Resources plc announced that diamond drilling had started on the third hole at its nickel sulphide and platinum group metals project at Molopo Farms Complex (MFC) in Botswana. Site operator Kalahari Key Mineral Exploration Pty Ltd began drilling hole KKME 1-11a as part of a planned 2,505 metre programme. Power Metal said that […]
Power Metal identifies new visible sulphides at Molopo
Power Metal Resources said it had identified additional visible sulphides as the company awaits test results from its nickel sulphide and platinum group metals project (PGM) in Molopo Farms Complex (MFC), Botswana. The metal mining company added that that up to 14 new targets in order of priority for ground exploration work have also been […]
Power Metal starts extensive technical review at Molopo
Power Metal Resources plc has started an extensive technical review of its two diamond drill holes at the nickel sulphide and platinum group metals (PGM) project at Molopo Farms Complex (MFC) in Botswana. Site operator Kalahari Key Mineral Exploration Pty Ltd drilled holes KKME 1-14 and 1-6 with initial results showing 4.4 metres of ultramafic […]