{"id":138902,"title":"Power Metal Intersects Suspected Nickel Mineralisation at Molopo Farms","publisher":"Share Talk","author":"sharetalk","published":"2026-07-28T09:21:03+00:00","modified":"2026-07-28T09:21:03+00:00","canonical_url":"https://www.share-talk.com/power-metal-intersects-suspected-nickel-mineralisation-at-molopo-farms/","markdown_url":"https://www.share-talk.com/power-metal-intersects-suspected-nickel-mineralisation-at-molopo-farms.md","json_url":"https://www.share-talk.com/power-metal-intersects-suspected-nickel-mineralisation-at-molopo-farms.json","category":"Mining","categories":["Mining"],"tags":["Australian","Botswana","British Columbia","Cameroon","canada","Canadian","Christian Schaffalitzky","Cobalt","Coco East","COPPER","Copperbelt","Democratic Republic of Congo","Democratic Republic of the Congo","Ditau Project","drilling","Exploration","Farms","Gold","Golden Metal","Golden Metal Resources","group metals","Haneti","Haneti Project","helicopter","Jupiter Mines","KAT","Katoro Gold","KAV","Kavango Resources","Kenya","Kisinka","KKME","Lithium","Lubumbashi","Magical","McKellar","Molopo","Molopo Farms","Nevada","Nickel","Paul Johnson","pegmatite","Piedmont Lithium","platinum","PLL","POW","Power Metal","Power Metal Resources","Project","Québec","Red Rock Australasia","Red Rock Resources","RRR","Sayona Mining","silver","Silver Peak Project","SYA","Tanzania","tungsten","URANIUM","USA","Victoria","Victoria Goldfields"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/07/POW-USE-TODAY.jpg?fit=1200%2C800&quality=89&ssl=1","format":"news","language":"en-GB","content":"[Power Metal Resources PLC (AIM: POW)](https://www.share-talk.com/power-metal-resources-confirms-molopo-farms-licence-renewal-as-drilling-begins/) has completed the first hole of its latest drilling programme at the **Molopo Farms Project** in Botswana, intersecting what is believed to be nickel mineralisation as it targets a district-scale nickel and platinum group element discovery.\n\nThe first drill hole, **Hole 1-9**, reached a depth of **382 metres** and intersected disseminated suspected nickel mineralisation within a leuconorite band between **243 metres and 269 metres** downhole.\n\nSamples from the mineralised interval are now being assayed, with results to be announced once they have been received, analysed and verified.\n\nThe hole forms part of a **1,600-metre core drilling programme** designed to test five priority geological and geophysical targets along the eastern feeder dyke of the **Molopo Farms Igneous Complex**. The programme is results-driven and may be refined as new geological data becomes available, with drilling continuing on the remaining targets.\n\nChief executive Sean Wade said the intersection of suspected nickel mineralisation was an encouraging early indication that the company’s revised exploration strategy was targeting the right geological structures.\n\nPower Metal said the results reinforce its belief that the project has the potential to host a district-scale nickel and platinum group element discovery.\n\nThe company holds an **87.71% interest** in **Kalahari Key Mineral Exploration Pty Ltd**, which owns **100%** of the Molopo Farms Project."}