logo-loader
viewMetal Tiger PLC

Metal Tiger sees growing potential outside previously-modelled T3 copper pit in Botswana

The opportunity at the T3 copper discovery in Botswana continues to grow and grow

copper
The copper potential at T3 is highly significant

Metal Tiger PLC (LON:MTR) has highlighted recent drill results from its T3 copper joint venture in Botswana with MOD Resources Limited (ASX:MOD).

Drill core assays returned from along strike from the planned T3 open pit show high-grade vein intersections, which appear to be continuous over an enlarged 1,400m strike length.

READ: Metal Tiger issues warrants in relation to KEMCO deal

Among the highlights were 4.5 metres at 4.0% copper and 65 grams per tonne silver from 254 metres depth, and 11 metres at 1.5% copper and 19 grams silver from 186 metres.

READ: Metal Tiger increases shareholding in Kingsgate

What’s more, recent re-interpretation of Airborne Electromagnetic geophysics data with three-dimensional modelling suggests the 200-300 metre thick T3 mineralisation host sequence may continue along strike for up to 11km.

Drilling to test this model has commenced.

Quick facts: Metal Tiger PLC

Price: 1.31 GBX

AIM:MTR
Market: AIM
Market Cap: £20.12 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Metal Tiger PLC named herein, including the promotion by the Company of Metal Tiger PLC in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Metal Tiger's McNeilly details new funding arrangement and share buyback plans

Metal Tiger's (LON:MTR) Michael McNeilly discusses with Proactive London's Andrew Scott the plans around its share buyback programme.  MTR intends to buy back up to 155.9mln shares - equivalent to 10% of the current issued share capital of the company. McNeilly also talks through its...

4 weeks, 1 day ago

RNS

Transaction in Own Shares

9 hours, 41 minutes ago

Transaction in Own Shares

1 day, 9 hours ago

Transaction in own shares

1 week, 1 day ago

Transaction in own shares

1 week, 2 days ago

Directorate change

2 weeks, 1 day ago

Transaction in own Shares

2 weeks, 1 day ago

2 min read