Power Metal Resources PLC (AIM:POW)'s Paul Johnson joined Proactive London to explain the encouraging news coming out of the Molopo Farms Complex, Botswana.
Johnson confirmed that upon completion of a geophysics programme a large-scale magnetic conductor had been found just beneath a previous drill hole, giving rise to the possibility of significant nickel deposits.
Finding a major nickel deposit anywhere is difficult, he says, but he is encouraged by the signs now emerging in Botswana.