Metals & Minerals News

Kavango further extends option to acquire majority of KKME at Molopo

Kavango Resources plc announced an extension to the exclusive three-month option to acquire 85.23% of Kalahari Key Mineral Exploration Pty Ltd (KKME) at the Molopo project in Bostwana. TARGETS The company last week had a four-day extension and now has until close of business on 18 March 2022. “Technical due diligence of the Molopo Farms […]

Metals & Minerals News

Power Metal granted extension to two Molopo licences

Power Metal Resources plc has been granted a two-year extension to prospecting licences PL310/2016 and PL311/2016 at the Molopo Farms Complex, southwest Botswana. OWNERSHIP Power Metal holds a 40% direct interest in the project and a 20.65% shareholding in Kalahari Key Mineral Exploration Pty Ltd (KKME), which holds the remaining 60% interest.  Kavango Resources plc currently has an option to acquire […]

Metals & Minerals News

Power Metal encounters nickel enrichment at Molopo

Power Metal Resources plc said it had encountered nickel enrichment at Molopo Farms Complex nickel-copper-platinum group element (PGE) project in southwest Botswana. ASSAYS The results are from further assays received for hole KKME 1-6, the second of three holes at the project. Nickel enrichment was encountered throughout the entire 7m interval assayed as part of the batch, […]

Metals & Minerals News

Power Metal to drill soon at Molopo

Mobilisation of drilling equipment has started at the Molopo Farms Complex (MFC) in southwest Botswana where Power Metal Resources has nickel sulphide and platinum group metal interests. The company signed a contract with Discovery Drilling Contractors Africa who are expected to commence drilling shortly. The Phase 1 drilling programme is for an initial planned 2,505m […]