Power Metal targets large-scale nickel mineralisation with diamond drilling on Molopo Farms
London-listed Power Metal Resources has started an inaugural diamond drilling programme at the Molopo Farms Complex project, in Botswana.
The drilling, at drill hole DDH1-6B, is targeting a large southerly dipping conductor that was identified by a moving loop electromagnetic geophysics survey, over six priority target areas.
The drill hole is located 530 m south of drill hole KKME1-6, which in December 2020 intersected significant nickel mineralisation.
The second diamond core drill hole, DDH1-6C, for which site preparations are under way, will be located 830 m south of KKME1-6.
The company is also interpreting preliminary geophysical data over more target areas and will announce additional drill targets in due course.
Power Metal maintains that Molopo Farms, in which it currently has an effective 53% economic interest, held through Kalahari Key Mineral Exploration, presents a possible district-scale nickel exploration opportunity.
The company plans to increase its interest in the project to 87.71%, pending regulatory approvals, which will result in Power Metal becoming the project operator.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation