Power Metal Resources plc has started core drilling at its Molopo Farms Complex nickel-platinum group element project in southwest Botswana.
COMMITTED
Operations began after the company renewed the licence until 31 March 2028.
The 1,600-metre programme is targeting an initial five “high interest” geological and geophysical targets on the eastern feeder zone to the Molopo igneous complex.
“Unlike previous and historical drilling, this programme will test targets within the controlling structure to the Molopo Farms Complex and its related feeder dykes,” said the company.
“Drill siting is based on latest interpretations of magnetic, AMT and TDEM [time-domain electromagnetics] data previously acquired by Power Metal, plus limited additional ground magnetic traverses.”
Chief executive officer Sean Wade added: “We remain completely committed to the Molopo Farms project and are optimistic that this campaign will build on the significant body of work that has already taken place there and that a district-scale discovery remains within our reach.”
Power Metal has an 87.71% interest in Kalahari Key Mineral Exploration Pty Ltd, which is the 100% owner of the 707.8km2 project.