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Metal Tiger reveals more encouraging drill results from T3

The T3 project in Botswana continues to yield encouraging drilling results

T3 is already known to contain a significant copper resource

Metal Tiger PLC (LON:MTR) has reported an update on infill drilling at the T3 copper project in Botswana

T3 is owned by MOD Resources (LON:MOD), in which Metal Tiger holds a 10.48% stake.

WATCH: Metal Tiger's Michael McNeilly upbeat on Kitlanya copper project results

Since commencement of the infill drilling in January 2019, 49 of the planned 60 hole programme has now been completed at T3, with the remaining 11 holes expected to be completed by the end of the first half of 2019.

Assay results have now been received for a total of 36 holes, with the results for the first 11 holes announced on 12 March 2019.

The assay results for the second batch of 25 holes support the expectation that a significant portion of the resource can be upgraded to the measured category.

We are pleased to report that the infill drilling at MOD’s T3 Project in Botswana continues to confirm both high grade copper and wide copper intersections within the planned T3 Open Pit in Botswana,” said Metal Tiger chief executive Michael McNeilly.

The second batch of results continue to support the expectation that a significant portion of the mineral resource can be upgraded to the measured category, helping to further de-risk the attractive mining proposition.”


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Price: 1.325 GBX

Market: AIM
Market Cap: £20.21 m

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