Metal Tiger Botswana copper venture increases in potential

By

Sharecast News | 13 Jul, 2016

Updated : 09:46

Metal Tiger said the potential for its Botswana joint venture to hold copper deposits had increased further after recent drilling tests.

The company said soil sampling had found copper anomalies at several target areas.

Metal Tiger chief executive Paul Johnson said the company's focused strategy of identifying potential new deposits, by targeting regional scale structures identified from regional geophysics, with relatively low cost, soil sampling grids and reverse circulation drilling was paying off.

“The strategy worked to delineate the current T3 Resource Project and reportedly led to the discovery of MOD’S Mahumo deposit,” he said.

“It is especially interesting to note that the T2 copper in soil anomalies outlined below are over three times higher than the 28ppm Cu anomalies that led to the discovery of T3.”

Last news