Katoro Gold, Power Metal Complete Maiden Haneti Drilling
Tue, 26th Jan 2021 14:44
(Alliance News) - Katoro Gold PLC and Power Metal Resources PLC on Tuesday said a first drilling programme at the Haneti nickel and platinum group metals project has concluded.
In addition, Power Metal said it has struck a deal which could see it take sole ownership of four gold assets in Canada.
Katoro holds a 65% interest in the Haneti project in Tanzania, with Power Metal owning the remaining 35%.
Rotary air blast drilling was completed at the Mihanza Hill and Mwaka Hill sections of the project, the duo explained.
Power Metal Chief Executive Officer Paul Johnson said the successful completion represents a promising step forward for the Haneti asset.