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Mod Resources Ltd

MOD 'on a mission' to become a substantial copper producer in Botswana

MOD Resources Ltd (LON:MOD)(ASX:MOD) Managing Director Julian Hanna updates shareholders and Proactive London on where the company stands now after a busy period looking to develop their first mine in Botswana . MOD has completed feasibility on the copper/silver asset in their vast licence holding and revised production figures upwards from initial 'conservative' estimates.
Hanna says feasibilty metrics are outstanding for this reserve, a large, wide deposit at shallow depth which means MOD can mine it by open pit with production levels expected to be at 28,000 tonnes of copper per annum.

Quick facts: Mod Resources Ltd

Price: $0.44

Market: ASX
Market Cap: $132.36 m
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