Metal Tiger PLC’s (LON:MTR) Kalahari Metals (KML) has kicked off a drilling programme at the Kitlanya East project in Botswana.
The natural resources investor said drilling rig mobilisation was underway at the site to commence testing of copper-silver prospective contacts and structures later this week.
READ: Metal Tiger invests US$1.5mln into Kalahari Metals
The phase 1 drilling programme is expected to consist of at least four diamond core holes, totalling around 1,200 metres of drilling.
MTR added that the Botswana Department of Mines had granted prospecting licence renewals for 100% of the original licence areas for a further two years, and that soil geochemistry sampling targeting shallow mineralisation in an interpreted anticlinal structure to the south of the phase 1 drilling programme was planned to start in late March.
“We are pleased to report that KML is commencing an inaugural diamond drilling programme at their Kitlanya East Project on the Kalahari Copper Belt in Botswana. The commencement of core drilling represents an important step in targeting copper-silver mineralisation”, said Metal Tiger’s chief executive Michael McNeilly.
Metal Tiger shares were 7.1% lower at 1.3p in lunchtime trading on Monday.
