The project was acquired last week from the group s Botswana-based subsidiary
Power Metal Resources PLC (AIM:POW, FRA:2M5) said it has completed the Phase I work programme on its two gold-nickel licences in the Tati Greenstone Belt near Francistown, Botswana.
The explorer exercised an option to acquire a 100% interest in the project last week, through its local wholly-owned operating subsidiary Power Metal Resources Botswana. The completion of this Phase I programme so quickly after option exercise is a key step for Power Metal and we look forward to receipt of test results from the 1,156 soil and rock samples collected,” said chief executive Paul Johnson in a release.
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Power Metal acquires licences in Botswana | News
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Power Metal Resources PLC (AIM:POW) | RNS | Power Metal - Tati Project Botswana
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