Power Metal Resources PLC (LON:POW) has said that four drill targets have been selected for drilling at the Molopo Farms Complex project, which it owns jointly with Kalahari Key Minerals.
The decision to drill follows helicopter-borne electromagnetic survey, ground geophysics and a subsequent desktop review.
Initial drilling is expected to focus on the Chipo target group in the northern area of the Molopo Farms project
"The scale of potential prospectivity at the MFC project was demonstrated by the large number of Nickel-PGM targets identified during ground geophysics and this has now led to a clustering of targets into four groups,” Power Metals chief executive Paul Johnson said in a statement.
“The MFC project is increasingly attractive and we look forward to the pursuit of ground exploration, notably high-profile target drilling. POW notes the positive approach taken by Kalahari Key during the period of (coronavirus) COVID-19 lockdown in the UK and Botswana, and the determination to use this opportunity to advance their knowledge of the MFC Project and to assess additional project opportunities.
"We are also grateful to the Botswana authorities for their support and engagement, once again demonstrating that Botswana is a robust and supportive operating environment for exploration companies,” he added.