Extractive Industries

Power Metal begins diamond drilling at Molopo

Power Metal Resources plc has started diamond drilling, targeting a district-scale nickel and platinum group element discovery, at its Molopo Farms Complex in southwestern Botswana.

Conductor: is co-incident with the keel of the feeder zone intrusion (PMR)

LOCATIONS

The company’s drill hole, estimated to reach a depth of 700-800m, is focused on the multi-kilometre, steeply-dipping conductor at target area T1-14.

A ground audio-frequency magnetotelluric and magnetics over target areas T1-14 and T1-9 is also complete.

Results enabled the company to refine targeting two locations along the multi-kilometre conductor, co-incident with the keel of the feeder zone intrusion and which extends across T1-14 and T1-9.

The conductor was identified in October 2023 as a high priority target.

Chief executive Sean Wade is expected to arrive shortly at the site to liaise with the company’s in-country operations team.

The project is 100% held by Kalahari Key Mineral Exploration Pty Ltd in which Power Metal has an 87.71% interest.

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