Metal Tiger PLC (LON:MTR) said its joint venture project with MOD Resources Limited (ASX:MOD) has completed drilling for an infill and extension programme for its T3 (Motheo) Pit resource, with the assays received to date in line with expectations.
The AIM-listed natural resources investor said in an announcement that it had commenced a geotechnical drilling programme for an expansion case at the T3 (Motheo) Pit resource, located in Botswana, with 8 geotechnical holes planned.
Metal Tiger added that the programme objective is to convert current inferred resources to the indicated and measured resource category and extend the total mineral resource to support the expansion case model for the prefeasibility study.
The firm also said that consultants CSA Global had completed a site visit as part of their engagement to complete the revised mineral resource estimate for the T3 Project which is expected in June this year.
The news follows an announcement earlier this month when the company said it had commenced a major drilling programme at the T3 Dome complex in the Kalahari copper belt in Botswana.
In early morning trading Thursday, Metal Tiger shares were up 2% at 2.5p.