Power Metal Resources plc bought 51,300 of its own ordinary shares of two pence each at a price of 15.2p per ordinary share. TVRs The 21 January purchase was followed by that on 26 January 2026 of 250,000 ordinary shares. All the acquired shares will be held in treasury, which now has 1,994,161 shares. Following the acquisitions, […]
Tag: Molopo Farms Complex – Botswana
Power Metal buys more shares for treasury
Power Metal Resources plc has further increased the number of shares held in its treasury, with the purchase of 102,997 ordinary shares of two pence each in the company. APPROVAL The 20 January transaction was at a price of 15.15p per ordinary share, and follows the acquisitions of 148,579 and 415,194 ordinary shares on 19 and 15 January, respectively, at […]
Power Metal looks for Molopo funding
Power Metal Resources plc is exploring financing to progress its Molopo Farms Complex in southwest Botswana. INVESTMENT The company previously drilled hole DDH1-14C which intersected the steeply dipping geophysical superconductor at the high priority target area T1-14. Power Metal collected eight samples from 828.4m to 832.6m end of hole which remains open at depth. “Significant […]
Power Metal intersects Molopo superconductor
Power Metal Resources plc has intersected the targeted “steeply dipping geophysical superconductor” at the district-scale nickel-platinum group element (PGE) Molopo Farms Complex, southwest Botswana. SULPHIDES Diamond drilling on DDH1-14C began in February and has now completed to a final depth of 832.6 metres at the high priority target area T1-14. The geophysical superconductor is interpreted to be […]
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. 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 […]
Power Metal granted Molopo licences extension
Power Metal Resources plc has been granted two-year extensions to its prospecting licences at the nickel sulphide-platinum group elements Molopo Farms Complex project in Botswana. SURVEYS Project owner, Kalahari Key Mineral Exploration Pty Ltd, in which Power Metal holds an 87.71% interest, received the consents for prospecting licence 310/2016 and PL311/2026. Operations at the site are […]