Announcement Date: 2022-11-07
Announcement Type: Drilling Results
Announcement Code: (other Code)
Company name: Power Metal Resources Plc
Project name: Tati
Location: Botswana
Commodities: Gold
Highlight: Drilling results incl. 2m at 23.17g/t Au from 25m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Power Metal Resources PLC (LON:POW) the London listed exploration company seeking largescale metal discoveries across its global project portfolio announces 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. 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 A total of nine RC holes totalling 490m were completed at Tati as part of theAugust 2022 exploration programme – representing the first ever known drilling programme carried out on prospecting licence (“PL”) 049/2022. Complete assay results have now been received for the remaining 6 holes and are presented herein. In addition to multiple high-grade gold intersections reported from the first three RC drillholes, significant near-surface dolerite and quartz reef hosted gold mineralisation was successfully intersected in 5 of the 6 remaining holes. Key down-hole intersections (>1g/t Au) include
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