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Tati Gold Project, Botswana - Exploration Update
Tati Gold Project, Botswana - Exploration Update.
About this update from Power Metal Resources Plc
[{"type":"text","content":"\n\n30 May 2023\nPower Metal Resources PLC\n(\"Power Metal\" or the \"Company\")\nTati Gold Project, Botswana - Exploration Update\nPower Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces an exploration update from its 100% owned Tati Gold Project (\"Tati\" or the \"Project\") located on the Tati Greenstone Belt (\"TGB\") near Francistown, Botswana. The 2023 exploration programme including geophysics, trenching, soil sampling as well as reverse circulation (\"RC\") and/or diamond drilling was launched on 26 January 2023 and the announcement providing further information may be viewed through the following link:\nhttps://www.londonstockexchange.com/news-article/POW/tati-project-botswana-2023-exploration-underway/15812595\nHighlights\n- Ground geophysics and trenching have been completed with available results presented herein. A longer than usual rainy season led to the delay in the commencement of the planned infill soil geochemical sampling programme. However drier conditions have now persisted long enough for the Company to launch this next phase of work, which is expected to commence shortly.\n \n- Detailed geological mapping of the recently completed trenches has confirmed the geological setting in the Cherished Hope Mine area which is highlighted by gold mineralisation which is concentrated within quartz reefs (massive veins, veinlets and silicified zones) hosted within predominantly diorite units.\n \n- Analysis of ground magnetic geophysics results have highlighted the location of multiple post-mineralisation dolerite dykes which are known to persist throughout much of the TGB. Understanding the precise location of these dykes is paramount as exploration continues to progress at Tati.\n \n- Following completion of the upcoming infill soil sampling programme - as well as the receipt of the soil assay results - next exploration steps, including planned reverse circulation and/or diamond drilling, will be finalised and communicated to the market.\nSean Wade, Chief Executive Officer of Power Metal Resources plc commented: \n\"I know shareholders have been keen to hear an update on Tati, ...