London-listed Power Metal Resources has been granted a prospecting licence covering the historical Cherished Hope gold mine and a large gold-in-soil anomaly, within the Tati greenstone belt, in Botswana.
This has largely enhanced the company’s land position within the Tati greenstone belt, with highly prospective grounds having been added to the portfolio.
The 16 km2 licence is held by a wholly-owned subsidiary based in the country, Tati Greenstone Resources.
Power Metal is undertaking an in-depth review of all historical data on the new licence and will soon announce next exploration steps.