First Development Resources has sold two non-core projects in Western Australia, and will focus on its Northern Territory assets.
Tag: Power Metal Resources plc
First Development to drop non-core Wallal licences
First Development Resources plc has applied to surrender two of its three exploration licences, located within the Wallal gold-copper project in the Paterson Province of Western Australia. ANOMALIES The decision to relinquish E45/5853 and E45/5880 followed a technical review which identified the licences as non-core to the company’s exploration strategy. First Development will focus its cash and resources on the Selta […]
Power Metal begins 1,600m core drilling at Molopo
Power Metal Resources plc has started core drilling at its Molopo Farms Complex nickel-platinum group element project in southwest Botswana. COMMITTED Operations began after the company renewed the licence until 31 March 2028. The 1,600-metre programme is targeting an initial five “high interest” geological and geophysical targets on the eastern feeder zone to the Molopo […]
Power Metal completes East Hawkrock drilling
Power Metal Resources plc’s joint venture has completed its initial diamond drilling programme at the East Hawkrock property in the Athabasca Basin in Saskatchewan, Canada. MODEL The nine-hole programme for a total of 2,120.4 metres aimed to test the “multiple” geophysical and radiometric anomalies across the Small Lake and Joint Lake target areas. The company said that drilling had […]
Power Metal signs access agreement for Tati
Power Metal Resources plc has signed an access agreement ahead of starting work at the Tati gold project, containing the Cherished Hope mine, on the Tati Greenstone Belt, near Francistown, Botswana. DRILLING The project comprises three licences of which one, PL049/2022, has been under a share option agreement with Tuscan Holding Pty Ltd since June […]
First Development to drill Lander West
First Development Resources plc has been granted an environmental (mining) licence, which allows drilling on the Selta project in the Northern Territory, Australia. COMPELLING The company will focus on the high priority Lander West gold target, located within the Stafford gold trend. Operations will include targeted reverse circulation drilling for 40 reverse circulation drill holes, […]