Mihanza Hill and Mwaka Hill will be targeted first to ascertain the existence of disseminated or massive sulphide mineralisation. they will also identify areas for further drilling.
Louis Coetzee, executive chairman of Katoro, said all the indications from the historical information point to a potential chonolith type nickel sulphide deposit.
Katoro’s partner at Haneti is Power Metal Resources PLC (LON:POW), the former African Battery Metals.
In afternoon trading, Katoro Gold shares were 14.3% higher at 1.20p.
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