Power Metal Resources reports further assay results Molopo Farms Complex Project
2021-09-26 11:47:26 [Print]
U.K.-based Power Metal Resources PLC announced the results from further assays received from hole KKME 1-6, the second of three holes drilled at the Kalahari Key Mineral Exploration Pty Ltd. ("Kalahari Key" or "KKME") Molopo Farms Complex Project located ("MFC" or the "Project") in southwest Botswana.
Power Metal currently has a 40% direct MFC interest as well as an 18% shareholding in Kalahari Key, for a combined effective economic interest of 50.8%.
Nickel enrichment was encountered throughout the entire 7m interval assayed as part of this batch, including a 0.6m sample which returned 1.696% Ni (16,961ppm), 0.55g/t platinum (Pt), and 0.14g/t gold (Au).
These results further demonstrate the potential the Molopo Farms Complex Project has of hosting significant nickel-platinum group element ("PGE") enriched magmatic sulphide mineralisation.
Power Metal currently has a 40% direct MFC interest as well as an 18% shareholding in Kalahari Key, for a combined effective economic interest of 50.8%.
Nickel enrichment was encountered throughout the entire 7m interval assayed as part of this batch, including a 0.6m sample which returned 1.696% Ni (16,961ppm), 0.55g/t platinum (Pt), and 0.14g/t gold (Au).
These results further demonstrate the potential the Molopo Farms Complex Project has of hosting significant nickel-platinum group element ("PGE") enriched magmatic sulphide mineralisation.
Nickel Ore Philippine 1.5%min CIF China
Unit:USD/mt
China nickel sulfate producers' inventory statistics by province by month
Unit: mt
