- Power Metal Resources and Two Shields Investments welcomed news that Kalahari Key Mineral Exploration had identified six priority drilling targets at the Molopo Farms Complex project in Botswana.

A full technical report was being finalised to cover the priority drill targets and to outline the full extent of the drill programme planned.

Power Metal Resources had an 18.3% shareholding in Kalahari Key and a right by December to earn into a 40% direct project interest by investing $500k in Molopo Farms by the end of 2020.

Two Shields had a 17.8% interest in Kalahari Key and 4.1% of Power Metal Resources.

'Given the surge in nickel prices of late, and what we believe are compelling supply-demand dynamics into the future, Power Metal is fortunate to have this exposure to Kalahari Key and the promising Molopo Farms project in Botswana,' Power Metal executive director Paul Johnson said.

At 2:25pm:

[LON:POW] share price was 0p at 0.5p

[LON:TSI] Two Shields Investments Plc Ord 0.1p share price was 0p at 0.16p

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