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Metal Tiger encounters significant copper showings at Tshukudu

Drilling is taking place some way to the west of the existing copper resource at T3

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The copper just keeps on coming for Metal Tiger

Metal Tiger PLC (LON:MTR) has intersected wide zones of finely disseminated chalcocite and bornite copper mineralisation from 85 metres to 385 metres downhole a the Tshukudu exploration joint venture in Botswana.

A strongly mineralised vein at 268 metres shows potential for high-grade intersections. Assay results are awaited.

WATCH: Metal Tiger CEO and Kalahari Metals director discuss phase 1 exploration programme

Metal Tiger holds a 30% interest in Tshukudu Exploration, with MOD Resources Ltd (ASX:MOD) holding the remaining 70%.

In addition, Metal Tiger holds approximately 12.5% of the issued share capital of MOD.

“We are delighted to report another intersection of shallow copper mineralisation on the T23 Dome, which forms part of the T20 Exploration Project, 100km west of the T3 Project,” said Metal Tiger’s chief executive Michael McNeily.

“With further drilling targets identified by the latest geophysics data interpretation and soil sampling results, we have a qualified pipeline of further exploration drilling targets and a good prospect of new discoveries for 2019.”

 

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Price: 1.325 GBX

AIM:MTR
Market: AIM
Market Cap: £20.17 m
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