Power Metal Resources PLC (LON:POW) initiated a work programme on the gold-nickel properties in the Tati greenstone belt located near Francistown, Botswana.
Power Metal has an option to acquire a 100% interest in the Tati projects.
"We have been able to expedite the arrival of the ground team to the Tati Projects to undertake this key initial exploration programme with due dispatch,” said Paul Johnson, chief executive of Power Metal Resources.
“The findings from our due diligence work to date have demonstrated several kilometre-scale arsenic, gold and nickel anomalies which highlight the potential of the Tati projects and which require validation and target escalation through this Phase I work programme.”
The exploration programme will consist of a systematic infill and extensional geochemical soil sampling programme which will include over 1,000 planned sample points, together with outcrop rock sampling.
The goal of the work programme is to develop some of the high-priority exploration targets on the Tati projects which, subject to option exercise, the company plans to drill test later in the year.