Metal Tiger reports 'considerable progress' from Botswana JV

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Sharecast News | 22 Jun, 2016

Updated : 11:53

AIM-listed miner Metal Tiger said its copper and silver joint venture in Botswana had made “considerable progress” in its diamond drilling programme.

Chief executive Paul Johnson said the venture with MOD Resources had so far identified a zone of soil anomalies for over 12km along the T3 Dome and the assay results now received from three diamond holes confirmed very high silver and copper grades up to 363g/t silver and 21.5% copper.

“The joint venture will shortly have five rigs on site and the march towards resource definition continues apace. More exploration updates will flow as we continue to build our understanding of this substantial Kalahari Copper Belt opportunity,” Johnson said in a statement.

“Without question this is a remarkable opportunity for Metal Tiger and MOD Resources. We eagerly await the next set of assay data as the JV continues to grow and develop this project.”

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