Metals & Minerals News

Power Metal adds third major target for Molopo drill

Power Metal Resources plc has identified a third drill target at its 1,723km2 nickel-copper-platinum group element project at Molopo Farms Complex in southwest Botswana. DE-RISKING Final analyses of MLEM surveys, which denoted targets T1-6 and T2-3, have also highlighted a “significant ‘jelly-bean’ shaped, geophysical conductor” at target area T1-3. The company said that the conductor remained […]

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

Araguaia approved as strategic minerals project

Horizonte Mineral plc said it would have a priority from Brazilian agencies for the construction and operation of the Araguaia nickel project. IMPORTANCE The move is a consequence of Brazil’s approval of Araguaia as a strategic minerals project, which will also see support from an inter-ministerial committee. “The selection of the Araguaia nickel project as […]

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

FCM discovers high-grade nickel sulphide at Pickle Lake

First Class Metals plc (FCM) has discovered high grade nickel sulphide at its earn in/joint venture (JV) project at Pickle Lake within the Schreiber-Hemlo region, Ontario, Canada. JOINT VENTURE The project comprises 33 single cell mining claims over which Palladium One has the option to earn-in to an 80% interest subject to a three-year work programme. The JV sits […]

Metals & Minerals News

Power Metal signs contract for 2,600m Molopo drill

Power Metal Resources plc expects to start in mid-September 2,600m diamond drilling in six drillholes at its Molopo Farms Complex project in southwest Botswana. PROGRAMME The project, targeting a large scale nickel-copper-platinum group element (PGE) discovery, is the company’s first managed and operated diamond drilling programme at Molopo. Before drilling begins, Power Metal will conduct expanded geophysical […]