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IN BRIEF: Power Metal celebrates start of drilling at Molopo Farms

Wed, 07th Feb 2024 16:28

Power Metal Resources PLC - exploration company focused on North America, Africa, and Australia - Confirms commencement of diamond drilling at Molopo Farms Complex Project in southwestern Botswana, where it is targeting a district-scale nickel and platinum group element discovery. Drilling targets a steeply-dipping high-priority conductor at target area T1-14 with depth of 700 to 800 metres. Company also recently completed ground audio-frequency magnetotelluric or AMT work at T1-14 and T1-9, aiming to further refine targeting at two locations along the multi-kilometre scale steeply-dipping conductor. Data allowed Power Metal to further refine targeting at T1-14 before starting drilling.

Current stock price: 1.01 pence

12-month change: down 14%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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