Power Metal Resources plc has begun reverse circulation (RC) drilling following last month’s mapping exercise at its 100% owned Tati gold project within the Tati Greenstone Belt (TGB) near Francistown, northeast Botswana. TATI The company holds prospecting licences PL126/2019, PL127/2019 for gold and nickel mineralisation as well as the 16.14km2 PL049/2022 covering the historic Cherished Hope gold mine. DRILL […]
Tag: Tati Greenstone Belt – Botswana
Power Metal finds extensive Tati gold workings-dumps
Power Metal Resources plc said it had found extensive historical gold workings and dumps at its 100% owned Tati gold-nickel project within the prolific Tati Greenstone Belt near Francistown, Botswana. TATI Chief executive Paul Johnson described the initial findings as “extremely positive”. The project covers prospecting licences for gold and nickel mineralisation including PL126/2019, PL127/2019, and the […]
Power Metal granted Cherished Hope licence
Power Metal Resources plc has been granted a third prospecting licence, containing the historical Cherished Hope mine, in the Tati Greenstone Belt near Francistown, Botswana. ANOMALIES The company’s subsidiary, Tati Greenstone Resources Pty Ltd, holds the 16.14 km2 licence, which also holds a large gold-in-soil anomaly. Prospecting licence 049/2022 adds to the company’s existing PL126/2019 and PL127/2019. […]
Power Metal intersects near surface gold mineralisation
Power Metal Resources plc announced near surface gold mineralisation intersected from the inaugural drilling programme at its Tati project near Francistown, Botswana. RESULTS Shallow depth reverse circulation (RC) drilling results showed up to 5.17g/t gold over 3m from 9m downhole. The drill programme on PL126/2019 licence also confirmed prospective geological formations. ADDITIONAL LICENCE Power Metal […]
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 […]
Power Metal confirms large gold-in-soil anomaly at Tati
Power Metal Resources plc confirmed a large scale gold-in-soil anomaly at the Tati project located in the Tati greenstone belt near Francistown, Botswana. RESULTS The gold anomaly at the Sikukwe Zone was confirmed following laboratory assay testing results of soil and rock samples collected during the company’s Phase I exploration programme. The second batch of samples, including […]