Metals & Minerals News

Power Metal identifies second notable conductor at MFC

Power Metal Resources plc has identified a second large geophysical conductor at the Molopo Farms Complex nickel-copper-platinum group element (PGE) project, southwest Botswana. T2-3 The company previously identified at target area T-16 where two holes are currently being drilled. Power Metal’s most recent findings follow anaylsis of data from ground-based electromagnetic (EM) as well as magnetic […]

Metals & Minerals News

Kavango marks priority target areas in KCB copper-silver licences

Kavango Resources plc said it had delineated 13 priority target areas in four of its 12 copper-silver prospecting licences (PLs) in the Kalahari copper belt (KCB), Botswana. PROGRAMME The company’s field exploration has for the past 12 months focused on PLs 082/2018, 036/2020, 049/2020 and 052/2020. Kavango added it had finalised a flexible strategy, to […]

Finance Metals & Minerals News

Shareholders back Ormonde’s €2.3m sale of La Zarza

Ormonde Mining plc has received 99.77% shareholder approval for the €2.3 million sale of its La Zarza copper-gold-zinc project in Spain. ACQUISITIONS The vote was held in the company’s extraordinary general meeting earlier today. Following completion of the sale, Ormonde will become an AIM Rule 15 cash shell and have to make an acquisition or acquisitions constituting […]

Metals & Minerals News

Tertiary starts detailed soil sampling at Jacks

Tertiary Minerals plc has started a detailed soil sampling programme at the Jacks copper project in Zambia. JOINT VENTURE The company has earned a 90% joint venture interest from local company Mwashia Resources Ltd. The Jacks prospect lies within exploration licence 27069-HQ-LEL, covering 141.4 km2,and is located 85km south of Luanshya in Zambia. PROGRAMME The […]

Metals & Minerals News

Power Metal starts inaugural drill at Molopo

Power Metal Resources plc has started its inaugural drill programme at the Molopo Farms Complex nickel-copper-platinum group element (PGE) project in southwest Botswana. PROGRAMME The company began diamond core drilling drillhole DDH1-6B targeting a large southerly dipping conductor at priority target T1-6. Site preparations are underway for drilling to start soon on the second drillhole DDH […]

Metals & Minerals News

Power Metal nears drilling 2,600m at Molopo

Power Metal Resources plc soon expects to start drilling a 2,600m strike-length target at its nickel-copper-platinum group element (PGE) Molopo Farms Complex project in Botswana. SURVEY AND MODELLING Ahead of the decision to drill, the company completed a high-resolution ground magnetic (ground-mag) geophysics survey over high priority Target 1-6 (T1-6) covering 2,700m by 1,600m. From […]