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Ditau Project - Drilling and Geophysics Update
Ditau Project - Drilling and Geophysics Update.
About this update from Power Metal Resources Plc
[{"type":"text","content":"\n \n \n 15 June 2022\n \n \n \n Power Metal Resources PLC\n \n \n \n \n (\"Power Metal\" or the \"Company\")\n \n \n \n \n Ditau Project - Drilling and Geophysics Update\n \n \n \n \n \n \n Power Metal Resources plc (LON:POW), \n the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces a drilling update in respect of the Ditau Camp Project (\"Ditau\"), located in southwestern Botswana. Ditau is considered prospective for carbonatite hosted rare-earth element (\"REE\"), base metal and possible precious metal mineralisation.\n \n \n Ditau is held within a 50/50 Joint Venture (\"Kanye Resources\") with London-listed Kavango Resources plc (LSE:KAV) (\"Kavango\"). Kavango is the operator.\n \n \n \n Project Background\n \n \n \n The third diamond core drill hole of the programme, drill hole DITDD005 on the i1 Target is now complete, and the drill rig has relocated to the i8 target, where drilling has now commenced on hole DITDD006. The final siting of DITDD006 followed the completion of a Controlled Source Audio-Magnetotelluric (CSAMT) ground geophysical survey and survey data inversion modelling.\n \n \n The CSAMT survey imagery has provided enhanced interpretative model of the geology and structural setting of the i8 Target beneath\n the Kalahari sands and sediments. Images highlighting the i8 Target with a CSAMT section overlay can be found at the link below:\n \n \n \n Ditau drilling and AMT update - Power Metal Resources plc (LON: POW)\n \n \n \n Additionally, Kanye has shipped the first batch of drill core samples from hole DITDD004 for testing at a certified laboratory in South Africa, with fast-track analyses requested.\n \n \n \n Highlights:\n \n \n \n - \n Diamond core drillhole DITDD006 has commenced on the i8 Target:\n \n \n - \n CSAMT survey completed over i8 has provided an enhanced targeting model enabling drill collar location, hole dip and azimuth optimisation.\n \n \n - \n The i8 Target is highlighted by a circa 4km diameter ring structure which was interpreted from airborne magnetic survey data.\n \n \n - \n This target was the subject of 5.5-line km of CSAMT surveying, using both high and low frequency configurations.\n \n \n - \n Inversion processing of the CSAMT data over the i8 Target, which was completed by an...