Power Metal Resources plc and option holder Tuscan Holding Pty have progressed the Tati gold project, containing the historical Cherished Hope mine, on the Tati Greenstone Belt near Francistown in Botswana. MINING The project comprises three licences of which one, PL049/2022, is under the option. If Tuscon exercises the option, Power Metal will retain a 25% […]
Tag: Tati Greenstone Belt – Botswana
Power Metal finds further gold mineralisation at Tati
Power Metal Resources plc said new sampling results further demonstrated gold mineralisation continuity within the 8km-long gold trend at Tati near Francistown, Botswana. ANOMALIES The company first confirmed the project’s large-scale gold-in-soil anomaly in September 2021 two months after acquiring the project. Today’s published results are from last year’s extensive soil sampling and show the presence […]
Gold-in-soil anomalies support 8km Tati gold trend
Two new “significant” gold-in-soil anomalies support the previously identified 8km gold trend at the Tati project in Botswana, said project owner-operator Power Metal Resources. CHERISHED HOPE The company collected 280 infill geochemical soil samples at 40cm spacing within the northwest and southern grids in the southeastern quadrant of the licence. Sampling and independent analysis for […]
Power Metal courts US investors with OTC listing
Power Metal Resources plc aims to attract American investors by applying for an OTC listing in the USA. EXPLORATION The company added it was accelerating exploration across its Athabasca uranium interests in Saskatchewan, Canada, and the Tati gold fields project in Botswana. In its company results, Power Metal reported an increase in audited shareholder equity from £10.2 […]
Power Metal completes initial exploration at Tati mine
Power Metal Resources plc’s ground geophysics and trenching have confirmed the geological setting in the Cherished Hope mine at the Tati gold project near Francistown in Botswana. MINERALISATION The results are from completed initial exploration phases of ground geophysics and 431 metres of trenching over the northwest over the mine and southeast extensions. Beneath overburden in […]
Power Metal to confirm Tati gold-bearing system
Power Metal Resources plc said its 2023 exploration programme aimed to confirm a large gold-bearing system on its 100% owned and operated Tati gold project near Francistown in Botswana. PROGRAMME The company has started exploration activities which will also include the delineation of a deposit in the 8km long gold-in-soil anomaly. Work involves 500-metre mechanised trenching, […]