Exploration & Mining Investments News

Power Metal completes majority share deal for Molopo

Power Metal Resources plc has completed the transaction to increase its share to 87.71% in the Molopo Farms Complex nickel platinum-group metal (PGM) project in southwest Botswana.

OPERATIONS

The company has now acquired the majority share in Kalahari Key Mineral Exploration Pty Ltd which owns Molopo.

Power Metal is currently conducting a 2,600m diamond drill programme at Molopo with two holes completed at target area T1-6, and the third drill hole in progress at T1-14.