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Australia Investing
MOD: License Extensions and Transfers for T3 Copper Secured
Oct. 26, 2018 08:53AM PST
An additional 5 prospecting licenses covering ~1,824.6km2 of the highly prospective T20 exploration project have also been extended for two years.
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.
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Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
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Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
Learn about our editorial policies.