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Tati Project Botswana Final Drill Assay Results
Tati Project Botswana Final Drill Assay Results.
About this update from Power Metal Resources Plc
[{"type":"text","content":"\n \n \n 7 November 2022\n \n \n \n Power Metal Resources PLC\n \n \n \n \n (\"Power Metal\" or the \"Company\")\n \n \n \n \n Tati Project Botswana Final Drill Assay Results\n \n \n \n \n Assays Received for Remaining Six Holes; Further Bonanza Grade Intercepted including 1m @ 40.6g/t Au (from 2m of 23.2g/t Au)\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\n final results from the Company's recently completed drilling programme on the 100% owned and operated Tati Project (\"Tati\" or the \"Project\") located within the Tati Greenstone Belt near Francistown, Botswana.\n \n \n Assay results from the first three holes which included the bonanza intercept 1m of 47.1g/t gold (\"Au\") from 6m downhole depth in reverse circulation (\"RC\") drillhole CHRC0003, were previously announced to the market on 3 November 2022 and can be found at the link below:\n \n \n \n https://www.londonstockexchange.com/news-article/POW/tati-project-botswana-initial-drill-assay-results/15699862\n \n \n \n \n Paul Johnson, Chief Executive Officer of Power Metal Resources plc commented: \n \n \n \n \n \"Tati is becoming a significant Project for Power Metal - with only 175m strike distance of an 8km long gold-in-soil anomaly drill tested and extensive high-grade gold confirmed from the RC drilling.\n \n \n \n \n Naturally the 47.1g/t Au and 40.6g/t Au grades peak excitement, which they should, however more important is the continuity of gold mineralisation over the 175m strike drill tested thus far, which bodes well for the significant amount of the anomaly yet to be tested. That drill testing is now a priority for Power Metal.\n \n \n \n \n Complementing the extremely exciting gold exploration results we have to note the practical advantages of the Tati Project.\n \n \n \n \n The gold mineralisation identified to date is near surface, significantly de-risking any mining proposition. And the Project is centred on the former working gold mine, Cherished Hope, with gold fines dumps available for processing at a local processing site, potentially generating revenue for further exploration and development of the Project.\n \n \n \n \n The processing site for the fines dumps is located within 20 minutes by road from the Project,...