Kavango Resources plc announced an extension to the exclusive three-month option to acquire 85.23% of Kalahari Key Mineral Exploration Pty Ltd (KKME) in Botswana. DATE KKME is a private company, which currently owns 100% of prospecting licences PL310/2016, PL311/2016 and PL202/2018 known as the Molopo Farms project. The exploration project is focused on nickel, copper […]
Tag: nickel
Power Metal starts drilling at Haneti
Power Metal Resources plc has started its inaugural 1,000 metre diamond drill programme on the nickel-copper-cobalt-platinum group element (PGE) joint venture (JV) Haneti project in central Tanzania. PROGRAMME The JV, comprising Power Metal (35%) and Katoro Gold plc (65%), renewed the Haneti licences for a further seven years before the start of drilling. The programme comprises three […]
Kavango identifies strong gravity anomaly in KSZ, Botswana
Kavango Resources plc has identified a strong gravity anomaly over the 11km diameter Great Red Spot (GRS) at the company’s copper-nickel-PGM Kalahari Suture Zone (KSZ) project, Botswana. GRAVITY SURVEY In December 2021, Kavango conducted a gravity survey over the GRS in Target Area B, covering boreholes KSZDD001 (1,000m) and KSZDD002 (currently 390m). The company acquired […]
Kavango resumes drilling at Ni-Cu project in KSZ, Botswana
Kavango Resources plc announced the start of drilling hole KSZDD002 at its nickel-copper project in the Kalahari Suture Zone, Botswana. PROGRAMME KSZDD002 is designed to intercept the B1 Conductor, a geophysical anomaly that the Kavango believes to be a prospective target for possible massive sulphide nickel or copper mineralisation. On 14 January, Mindea Exploration and […]
Power Metal granted extension to two Molopo licences
Power Metal Resources plc has been granted a two-year extension to prospecting licences PL310/2016 and PL311/2016 at the Molopo Farms Complex, southwest Botswana. OWNERSHIP Power Metal holds a 40% direct interest in the project and a 20.65% shareholding in Kalahari Key Mineral Exploration Pty Ltd (KKME), which holds the remaining 60% interest. Kavango Resources plc currently has an option to acquire […]
Power Metal secures first 100%-owned Botswana project with Au-Ni licences
Power Metal Resources plc marked an emotional moment as it secured its first 100%-owned project in Botswana with the receipt of the two gold-nickel Tati prospecting licences (PLs). OPPORTUNITY The vendors transferred PLs 126/2019 and 127/2019 to the company’s subsidiary Tati Greenstone Resources Pty Ltd (TGR). “This is an extremely poignant moment for Power Metal, with the successful […]