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Metal Tiger hails start of major drilling campaign at T3 dome complex

The T3 Project is located on the Kalahari Copper Belt in northern Botswana and is part of the MOD Resources/Metal Tiger joint venture Botswana Copper/Silver Project

Deer in Botswana
Drilling will test the underlying prospective Ngwako Pan Formation contact that hosts other substantial copper deposits in the eastern part of the Kalahari Copper Belt

A major drilling programme has commenced at the T3 Dome complex on the Kalahari copper belt in Botswana, Metal Tiger PLC (LON:MTR) revealed.

The company has a 30% stake in the joint venture (JV) that is exploring the copper/silver project.

READ: Metal Tiger retains focus on Kalahari copper belt amid rapid activity​

Metal Tiger said airborne electromagnetic (AEM) geophysics interpretation points to a series of large conductive domes, spread over a wide area. The complex has similar geometries and internal structures to the T-Rex Dome that underlies the T3 deposit.

In the drilling campaign, seven buried domes will initially be drilled, with around 60 drill holes planned for phase one of the campaign.

Metal Tiger added that drilling is in progress at the A4 dome, which is eight kilometres (km) west of the T3 deposit, and at the A1 dome, which is 20 km north-east of T3.

“Using the latest data processing and interpretation techniques the JV’s geophysical contractors have identified a series of prospective structural dome targets within the, 1,000km2, T3 Dome complex,” said Michael McNeilly, the chief executive officer of Metal Tiger.

“With cross-sectional profiles similar to the T-Rex dome, the feature associated with the T3 deposit, these new domes will now be drill tested to confirm they coincide with the favourable geological units and structures associated with the T3 mineralisation. This new drilling programme has the potential to deliver a pipeline of exciting results and hopefully additional T3 type deposits,” he added.

Julian Hanna, managing director of MOD Resources, the majority partner in the JV, said the new drilling targets were “compelling”.

“What is extraordinary is that the EM [electromagnetic] interpretation appears to have defined seven large 'buried' conductive domes, several with very similar geometries and internal structures to the T-Rex Dome which underlies T3,” Hanna said.

Shares in Metal Tiger were up 1.2% at 2.18p.

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Price: 26 GBX

Market: AIM
Market Cap: £39.84 m

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