Power Metal Resources PLC (AIM:POW) Paul Johnson talks about the bonanza grade results it recently unearthed at Tati in Botswana.
Reverse circulation drilling so far has been focused on the old Cherished Hope mine at Tati, but there is at least 7.5km of the strike still to drill. Fines dumps around the old mine are also showing a gram a tonne of gold, he adds, with a processing facility nearby to process the material from the site.
Progress is also being made on the batch of IPOs of subsidiary companies Power Metal is planning, with its uranium assets in Canada likely to be the first off the rank.
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