Metal Tiger Plc (LON:MTR) chief executive Michael McNeilly has described himself “delighted” as 59.81% investee Kalahari Metals Limited (KML) landed approval for its environmental management plan for the Kitlanya projects in Botswana.
KML has also detailed its drilling plans for the Kitlanya East (KIT-E) and Kitlanya West (KIT-W) projects, which have also been greenlighted by the authorities.
At KIT-E the plan, informed partially by a recent airborne survey, is to first drill test a ‘tightly folded conductor located in a fold nose’, the explorer told investors.
This geologic feature, tagged as ‘target KIT-E-1A’, was mapped in high-resolution magnetic data and is supported by anomalous Zn soil sample geochemistry, it added.
The KIT-E-2A target, meanwhile, is described as an ‘open, easterly plunging interpreted anticlinal structure’ which is located in proximity to the T3 deposit some 5 kilometres away and is considered to have significant for potential for copper and silver mineralisation.
“We are delighted by the continued support of the Government of Botswana as we look to realise further potential in the Kalahari Copper Belt,” Michael McNeilly said in a statement.
“The results of the airborne geophysics survey over the Kitlanya East project area are very encouraging, with clear structural drill targets supported by soil geochemistry and close proximity to the MOD T3 deposit.
“The completion of the environmental management plan gazetting will allow Kalahari to progress the Kitlanya East area to, what we hope will be, an exciting period of drill testing.”