logo-loader
viewMetal Tiger PLC

Metal Tiger hits more copper mineralisation at the A4 Dome in Botswana

The new mineralisation lies just eight kilometres away from the sizeable resource at T3

1536042573_copper-periodic-table.jpg
More assay results are pending

The latest batch of assay results from the A4 Dome in Botswana, held in joint venture by Metal Tiger PLC (LON:MTR) and MOD Resources Ltd (ASX:MOD), has confirmed further copper intersections.

This mineralisation is just eight kilometres from the T3 project, which already boasts a sizeable resource.

WATCH: Metal Tiger PLC raises funds as Botswana project continues to impress

Among the better intercepts were 31.2 metres at 1.1% copper and 11 grams per tonne silver, and five metres at 2.2% copper and 22 grams silver.

Assays results for two further holes are pending, with potentially significant visible chalcocite and bornite vein-hosted mineralisation already logged.

Nine holes to date at A4 Dome have intersected copper mineralisation, along only one kilometre of a five kilometre long interpreted structural target zone.

 “We are very pleased to announce further wide copper intersections on the A4 Dome, where drilling is building out copper mineralisation in a way reminiscent of the T3 Deposit,” said Michael McNeilly, chief executive of Metal Tiger.

“We are looking forward to determining whether the visibly strong vein-hosted mineralisation seen in one of the latest holes, MO-A4-008D, correlates with the high-grade assay intersections in hole MO-A4-003D, which are separated by a strike distance of 400m.”

Quick facts: Metal Tiger PLC

Price: 1.275 GBX

AIM:MTR
Market: AIM
Market Cap: £19.41 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...

on 19/12/19

2 min read