Power Metal Resources plc has identified a geophysical electromagnetic (EM) superconductor at its Molopo Farms Complex nickel-copper-platinum group elements project in Botswana. TARGET AREA T1-14 The identification at target area T1-14, which is now upgraded to priority status, will be diamond drilled in the coming weeks. Power Metal added that it was the strongest moving […]
Tag: Power Metal Resources plc
Power Metal notes visible sulphide mineralisation
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 […]
Power Metal creates pool of 25m warrants for advisers
Power Metal Resources plc has created a separate pool of 25 million warrants as an incentive for business advisers, consultants and in-country teams supporting the company. GROWTH The company said that the adviser warrant pool would be for those who are, or may become, key to business growth and development and have been, or may […]
Power Metal appoints Owain Morton as NED
Power Metal Resources plc has appointed Owain Morton as a non-executive director with immediate effect. Mr Morton, based in the UK, is an associate partner – Mining & Metals SME with IBM providing multi-sector business services and technology consulting. His previous roles include technology and innovation manager for Glencore Global, technical strategy and risk management and operations […]
Power Metal acquires Badger Lake uranium project
Power Metal Resources plc has added a further property to and expanded an existing one in its uranium portfolio in the Athabasca Basin area in Saskatchewan, Canada. BADGER LAKE Badger Lake covers 16.71km2 and takes the company’s uranium holding in the region to 12 properties, including the conditional sale of Reitenbach, with a combined area of 829.58km2. The […]
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 […]