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botswana metals ltd (BML) Snapshot

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botswana metals ltd (BML) Details

Botswana Metals Limited explores for base and precious metals in Botswana. Its exploration portfolio covers approximately 1,362 square kilometers. The company was founded in 2007 and is based in Balwyn, Australia.

4 Employees
Last Reported Date: 08/19/13
Founded in 2007

botswana metals ltd (BML) Top Compensated Officers

Executive Chairman and Chairman of Audit & Co...
Total Annual Compensation: A$330.0K
Compensation as of Fiscal Year 2013.

botswana metals ltd (BML) Key Developments

Botswana Metals Limited Commences Further 12 Holes at the Maibele North Ni+Cu Project in Botswana

Botswana Metals Limited announced that a further 12 holes have commenced at the Maibele North Ni+Cu project in Botswana. Thick intersections of massive sulphides from the initial drill program holes have provided sufficient encouragement for the Joint Venture partners to commence detailed infill drilling with a view to establishing a JORC-compliant resource for the project. A number of significant sulphide intersections have been achieved in the recent drilling, including: Hole 19 (MARD0075) - 1.11m (down hole) thick massive sulphide from 144.08m. Hole 22 (MARD0078) - 1.99m (down hole) thick massive sulphide from 108.37m within a 32m thick disseminated sulphide zone. Hole 26 (MARD0082) - 2.75m (down hole) and 3.37m thick massive sulphide from 100m and 106.43m respectively within a 20m thick disseminated sulphide zone. Hole 27 (MARD0083) - lm (down hole), 0.61m and 0.43m thick massive sulphide from 118.0m, 133.89m and 138.81m respectively. Hole 30 (MARD0086) - 2.69m (down hole) thick massive sulphide from 135.63m within a 46m thick disseminated sulphide zone.

Botswana Metals Announce Progress on Drill Program in Botswana

Botswana Metals Limited announced that the third and fourth holes of the 6,000m drilling program designed to test the mineralisation at depth and down dip of the known nickel-copper and platinum group element mineralisation at Maibele North in Botswana have now commenced. The first two holes, MADD0057 and MADD0058, have been completed to planned target depth after intersecting significant thicknesses of sulphides. The core is currently being scanned with a portable XRF and a summary of these results will be reported to the ASX when available. New drill Hole Number 3 (MADD0059) is a twin of historic drill hole MADD0028 which returned significant intersections of: 1.65m @ 0.76% Ni and 0.71% Cu from 99.13m and, 2.73m @ 1.61% Ni and 0.26% Cu from 104.84m New drill Hole Number 4 (MADD0060) is collared approximately 150m northeast of Hole No 3 (MADD0059) and is drilling up dip of historic drill hole MARD0017 which returned moderate mineralised intersections of: 1.03m @ 0.25% Ni and 0.04% Cu from 135.77m and 0.30m @ 0.62% Ni and 0.10% Cu from 141.70m. Hole 1 (MADD0057) and Hole 2 (MADD0058) were completed on at the end of June. Hole 3 (MADD0059) and Hole 4 (MADD 0060) have recently commenced.

Botswana Metals Limited, Annual General Meeting, May 29, 2014

Botswana Metals Limited, Annual General Meeting, May 29, 2014., at 09:30 E. Australia Standard Time. Location: Suite 506, Level 5, 1 Princess Street. Agenda: To approve ratification of issue of shares; to approve issue of free attaching options; and to approve issue of options.


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