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Prefeasibility work progressing well at Metal Tiger’s copper joint venture in Botswana

The filing of an environmental management plan allows drilling at T3 to commence soon
Prefeasibility work progressing well at Metal Tiger’s copper joint venture in Botswana
Early economic studies have predicted significant copper production from T3

Metal Tiger PLC (LON:MTR) has revealed details of progress with pre-feasibility work at the T3 copper project in Botswana, held in joint venture with MOD Resources (ASX:MOD).

A crucial component of the work, the Environmental Management Plan, will be lodged with the relevant authorities within next few days.

This will then allow for the next phase of drilling at T3, for which high priority targets have already been identified.

Meanwhile, the two partners also plan shortly to conduct airborne electromagnetics to identify potential new areas of mineralisation in the wider area.

“We are very pleased to report that following consultation, the Department of Environmental Affairs has agreed that an Environmental Management Plan will suffice for permitting further Resource drilling at T3 and the drill testing of the various exciting targets in the wider T3 area,” said chief executive Michael McNeilly.

A scoping study released at the beginning of December 2016 envisaged an open pit mine at T3 with a two million tonnes per year processing plant, an indicative mine life of 10 years and an average production rate of 21,800 tonnes per year of copper and 665,000 ounces of silver.

 

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