Power Metal Resources PLC supports new holding company for t

Power Metal Resources PLC supports new holding company for the Molopo Farms Complex project


Power Metal supports new holding company for the Molopo Farms Complex project
"We are delighted to see the MFC Project structuring discussions progressing so efficiently and we continue to work with our partners to implement this as quickly as possible," said Power Metal CEO, Paul Johnson
Power Metal Resources PLC (LON:POW) said a new company is to be created to advance the Molopo Farms Complex (MFC) in Botswana.
As previously announced, the AIM-listed metals exploration and development company has a 40% direct interest in the MFC project, which is targeting prospective magmatic intrusion-hosted massive nickel sulphide and platinum-group element (PGE) mineralisation. The other 60% of the project is owned by Kalahari Key Mineral Exploration.

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