Base Metals

Joint Venture Partners MOD Resources and Metal Tiger have announced the first drill hole in a major drilling campaign within the T3 Dome Complex in Botswana has intersected multiple traces of visible, vein hosted copper mineralization.

Joint Venture Partners MOD Resources (ASX:MOD) and Metal Tiger (LSE:MTR) have announced the first drill hole in a major drilling campaign within the T3 Dome Complex in Botswana has intersected multiple traces of visible, vein hosted copper mineralization, near the eastern end of the large A4 Dome.

Australian MOD and British Metal Tiger have a 70-30 JV on the T3 Deposit in the Kalahari copper belt in the southern African nation.

As quoted in the MOD press release:

From approximately 360m to 450m down hole depth, hole MO-A4-001D has intersected numerous quartz/carbonate veins, many with traces of fine to coarse grained chalcopyrite, bornite and chalcocite sulfides. The veins occur within shallow north dipping sediments below the interpreted EM conductive T3 Marker Unit. Drilling of MO-A4-001D is still in progress.

MOD managing director Julian Hanna said:

“Drill hole MO-A4-001D has intersected the conductive Marker Unit exactly as predicted by the EM modelling and has also confirmed the presence of copper sulphides in veins within the underlying sediments, similar to T3. Now we can start drilling specific structures within these large domes where veining may be better developed and more strongly mineralized. Because the buried domes defined by EM appear to be intact and are not eroded at surface, any mineralization that was deposited within these domes should still be there.”

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

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