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Molopo Farms, Botswana - Drill Programme Complete
Molopo Farms, Botswana - Drill Programme Complete.
About this update from Power Metal Resources Plc
[{"type":"text","content":"\n \n \n 7 February 2023\n \n \n \n Power Metal Resources PLC\n \n \n \n \n (\"Power Metal\" or the \"Company\")\n \n \n \n \n Molopo Farms, Botswana - Current Drill Programme Complete\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 the completion of a 2,402m diamond drill programme at the Molopo Farms Complex Project (\"Molopo Farms\" or the \"Project\") targeting a large-scale nickel and platinum group element (\"PGE\") discovery in southwestern Botswana.\n \n \n \n Paul Johnson, Chief Executive Officer of Power Metal Resources PLC commented:\n \n \n \n \n \"Completion of this drill programme represents an important step forward for Power Metal and my thanks go out to the operational teams for a job well done. This exercise required some flexibility, with teams mobilising to multiple locations requiring rapid adaptation to the changing technical demands on an iterative basis.\n \n \n \n \n Historical exploration work completed at Molopo Farms prior to this drill programme demonstrated the validity of the feeder zone geological model with evidence of the targeted nickel sulphides. From our recent work and technical findings from this drill programme thus far, the model has been further validated.\n \n \n \n \n With diamond drilling, downhole geophysics, technical core review and assay testing we are bringing together a significant amount of data with multiple final datasets awaited, including assay results and the interpretation thereof.\n \n \n \n \n We expect the data and interpretations from this drill programme will add considerably to the existing understanding of what we believe is a particularly exciting opportunity at Molopo Farms. Further updates will follow in due course.\"\n \n \n \n \n HIGHLIGHTS:\n \n \n \n \n \n \n \n \n §\n The inaugural drillhole (DDH2-3A) into target area T2-3 has been completed to a final downhole depth of 483m.\n \n \n \n \n \n §\n A total of 2,402m was drilled in this campaign across five drillholes targeting four individual target areas including:\n \n \n o \n DDH2-3A (483m), DDH1-3A (450m), DDH1-14B (519m), DDH1-6B (2) (300m), DDH1-6B (650m).\n \n \n \n \n \n §\n The programme was completed safely and efficiently thanks to the ...