MOD: License Extensions and Transfers for T3 Copper Secured

​MOD Resources (ASX: MOD) has announced the granting of two year extensions for key joint venture prospecting licences covering the T3 copper project in Botswana and surrounding ~950km2 T3 expansion project.

An additional 5 prospecting licenses covering ~1,824.6km2 of the highly prospective T20 exploration project have also been extended for two years.

Managing director of MOD, Julian Hanna said:

“The licence extensions were received well ahead of their scheduled expiry date of 31 December 2018. This provides us with confidence that MOD’s two in-country subsidiaries now have clear title to advance the T3 copper project towards a decision to mine, progress the potential of satellite deposits within the exciting T3 expansion project and commence drilling on the huge T20 exploration project.”

Click here to read the full MOD Resources (ASX:MOD) press release.