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Botswana Molopo Farms Complex - Exploration Update
Botswana Molopo Farms Complex - Exploration Update.
About this update from Power Metal Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9988T\n Power Metal Resources PLC\n 30 March 2021\n \n \n \n 30 March 2021\n Power Metal Resources PLC\n (\"Power Metal\" or the \"Company\")\n Botswana Molopo Farms Complex - Exploration Update\n Nickel Sulphides Confirmed, Assay Progress, Downhole Geophysics Update and Third Drill Hole Update\n \n Power Metal Resources PLC (LON:POW) the AIM listed metals exploration and development company is pleased to announce an exploration update 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 element (\"PGE\") mineralisation in Botswana.\n \n CHIEF EXECUTIVE OFFICER UPDATE\n Paul Johnson, Chief Executive Officer of Power Metal Resources, commented:\n \"The confirmation of nickel sulphides in the core from drill hole KKME 1-6 is a very positive outcome and adds yet more weight to the geological proposition being tested at the MFC Project.\n The team at KKME are continuing to stay focused and assimilate technical information as it flows in. Further data is due in the form of laboratory assay results, continuing University mineralogical analysis of core samples and downhole geophysics data, all of which is expected shortly.\n Undoubtedly we will have more to say soon and we look forward to sharing further findings in due course.\" \n \n HIGHLIGHTS:\n \n Mineralogical Testing\n \n \n Selected quarter core samples were sent to the Geology Department of the University of Witwatersrand in Johannesburg (the \"University\") for thin section mineralogical analysis.\n \n Nickel sulphides have been identified in three core samples containing visible sulphide grains taken from the drill hole KKME 1-6 (at Target 1-6). A total four thin sections, from the three core samples, were cut from areas with the most abundant sulphides and textural heterogeneity.\n The sulphides were studied under optical light and using a Tescan Integrated Mineral Analyser (\"TIMA\") scanning electron microscope in the Earth Lab of the University.\n The preliminary study shows that the primary magmatic, pentlandite-bearing, assemblage is present only in sample IMK-05139 (taken from 310m down-hole depth). Two samples (IMK-05149 and IMK-051...