Power Metal Resources completes Molopo Farm earn-in
Power Metal also holds 18% of Kalahari Key and taken together its effective economic interest in the MFC Project is 50.8%.
Power Metal Resources PLC (LON:POW) said it has completed an earn-in for a 40% direct project interest in Kalahari Key Mineral’s Molopo Farms project in Botswana.
Paul Johnson, chief executive, said: In a journey that began with our original agreement with Kalahari Key in May 2019, the MFC Project has moved forward dramatically.
“On 8 April 2021 we announced significant nickel intersections from diamond drill programme assays and we currently await receipt and interpretation of further assay results, mineralogical testing outcomes and an array of further data from additional geophysical interpretations.
Botswana Molopo Farms Complex - Earn-in Complete
Company has Completed US$500,000 Earn-in to 40% Direct Project Interest
Power Metal Resources PLC (LON:POW) the AIM listed metals exploration and development company is pleased to announce that the Company has now completed the earn-in to a 40% direct project interest in the Kalahari Key Mineral Exploration Pty Ltd ( Kalahari Key or KKME ) Molopo Farms Complex Project (the Project or MFC Project ).
Paul Johnson, Chief Executive Officer of Power Metal Resources, commented: In a journey that began with our original agreement with Kalahari Key in May 2019, the MFC Project has moved forward dramatically.
On 8 April 2021 we announced significant nickel intersections from diamond drill programme assays and we currently await receipt and interpretation of further assay results, mineralogical testing outcomes and an array of further data from additional geophysical interpretations.
Botswana Molopo Farms Complex - Earn-in Complete
Company has Completed
Power Metal Resources PLC (LON:POW) the AIM listed metals exploration and development company is pleased to announce that the Company has now completed the earn-in to a 40% direct project interest in the Kalahari Key Mineral Exploration Pty Ltd ( Kalahari Key or KKME ) Molopo Farms Complex Project (the Project or MFC Project ).
Paul Johnson, Chief Executive Officer of Power Metal Resources, commented: In a journey that began with our original agreement with Kalahari Key in
May 2019, the MFC Project has moved forward dramatically.
On
8 April 2021 we announced significant nickel intersections from diamond drill programme assays and we currently await receipt and interpretation of further assay results, mineralogical testing outcomes and an array of further data from additional geophysical interpretations.
Botswana Molopo Farms Complex - Drilling Update
Third Diamond Drill Hole Commences
Power Metal Resources PLC (LON:POW) the AIM listed metals exploration and development company is pleased to announce the commencement of the third diamond drill hole (KKME 1-11a) at the Kalahari Key Mineral Exploration Pty Ltd ( Kalahari Key or KKME ) Molopo Farms Complex Project (the Project or MFC Project ), which is targeting prospective massive nickel sulphide and platinum-group metal ( PGM ) mineralisation in Botswana.
HIGHLIGHTS
- Diamond drill hole KKME 1-11a is inclined at 60 degrees and has a planned down-hole target depth of 450m to the upper side of a conductive body modelled from geophysical survey data.
Power Metal Resources PLC encouraged by drilling at Molopo Farms in Botswana proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.