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Investegate |Power Metal Announcements | Power Metal: Option Agreement - Botswana Gold-Nickel Properties


Option Agreement - Botswana Gold-Nickel Properties
Company has Signed an Option Agreement to Acquire a 100% Interest in Two Gold - Nickel Prospecting Licences in the Tati Greenstone Belt, Botswana, with a down payment on drilling
 
Power Metal Resources PLC (LON:POW) the AIM listed metals exploration and development company is pleased to announce it has secured an option (the Option ) to acquire two prospecting licences ( PLs ) prospective for gold and nickel and located upon the Tati Greenstone Belt, Botswana.
The Option allows for a 60 business day due diligence period, and should Power Metal exercise the Option, it will undertake the licence acquisitions through its newly formed 100% owned subsidiary Power Metal Resources Botswana (Pty) Limited ( Power Metal Botswana ). ....

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Investegate |Power Metal Announcements | Power Metal: Botswana Molopo Farms Complex


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. ....

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