Metal Tiger PLC (LON:MTR) said progress was encouraging at the Kitlanya East copper-silver project in Botswana, operated by Kalahari Metals Ltd (KML).
An airborne geophysics survey and soil sampling results highlight the potential for the South Fold target to host copper-silver mineralisation in a similar setting to Sandfire Resources' neighbouring T3 and A4 deposits. Follow-up stratigraphic drill testing will now be undertaken in the central portion of the target area.
“With these encouraging results, in the heart of the rapidly developing Kalahari Copper Belt, we look forward to providing details of KML’s follow-on drilling activities planned for the Kitlanya East project," said Michael McNeilly, chief Executive of Metal Tiger.
AIM-listed Metal Tiger has a 62.17% stake in Kalahari Metals, which holds interests in 12 exploration licences in the world-class, but underexplored, Kalahari Copper Belt of Botswana.