# Metal Tiger Plc Copper Confirmed at New A4 Dome Target

- Link: https://www.directorstalkinterviews.com/metal-tiger-plc-copper-confirmed-new-a4-dome-target/412752653
- Published: 2018-06-12T07:09:37+01:00
- Author: Giles Arbor

**Metal Tiger plc** (LON:MTR), the London Stock Exchange AIM listed investor in 
strategic natural resource opportunities, is pleased to provide an update regarding
the Company’s Joint Venture  project with partner MOD Resources Limited (ASX:MOD)
in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal Tiger).

**Highlights:**

Copper mineralisation intersected by first drill hole at A4 Dome target, the first
of seven ‘buried domes’ planned to be drilled within the T3 Dome Complex.
 A4 Dome
is circa 5km long and is located 6km west of T3 Project.

Drill hole MO-A4-001D, near eastern end of A4 Dome, has intersected visible copper
sulphides hosted in intermittent veins over a wide interval from approximately 360m
to 450m down hole.
 Traces of fine to coarse grained copper minerals (chalcopyrite,
bornite and chalcocite) occur within numerous quartz/carbonate veins, hosted by 
shallow dipping sediments below the interpreted EM geophysics conductive ‘T3 Marker
Unit’.

Drilling of MO-A4-001D currently ongoing (current depth 490m), drill core requires
detailed geological logging, sampling and assay results before the significance 
of the copper mineralisation can be determined.

MO-A4-001D being deepened to test the target Ngwako Pan Formation (NPF) prospective
contact interpreted to occur below the mineralised sequence intersected to date.

Two additional drill rigs are being deployed to test other targets within the more
structurally complex core of the A4 Dome, west of MO-A4-001D.

> **Michael McNeilly Chief Executive Officer of Metal Tiger Plc commented:** “It
> is highly encouraging that the first drill hole to drilled at the A4 Dome has 
> intersected copper mineralisation, similar to T3, as predicted by the electromagnetic
> geophysics data modelling and interpretation. With the T3 Marker Unit intersected
> exactly as predicted by the geophysics we are confident that we can use the EM
> modelling as a vectoring tool in drill targeting the prospective units across 
> the centre of the buried T4 Dome and elsewhere within the T3 Dome Complex. As 
> this regional drilling programme continues to ramp-up we look forward to reporting
> more exciting developments.”

This announcement coincides with an update released today by MOD which can be viewed
through the following link:
 http://search.asx.com.au/s/search.html?query=mod&collection
=asx-meta&profile=web

**T3 Dome Complex Programme Background**

T3 Dome Complex Drilling Programme is a major drilling campaign to test numerous
geophysical targets along the T3 Dome Complex (announced on 15 May 2018).
 Drilling
currently underway at the A1 Dome circa 25km northeast of the A4 Dome, and at the
A9 Anomaly circa 5km northeast of A4 Dome. A1 Dome is one of Tshukudu’s highest 
priority targets within the T3 Dome Complex and A9 is an unusual pipe like conductor
adjacent to a regional dolerite dyke. Approximately 60 diamond core drill holes 
have been budgeted during the Phase 1 drilling along the T3 Dome Complex. The objective
of the planned drilling is to confirm the prospective geological sequence and structures
occur within the initial seven interpreted domes. Holes are being drilled in areas
of structural complexity to test for vein hosted deposits of the ‘T3 Type’, and 
to test the underlying prospective Ngwako Pan Formation (NPF) contact which hosts
other substantial copper deposits in the eastern part of the Kalahari Copper Belt.

**Background information on the T3 Project**

The T3 Project is located on the Kalahari Copper Belt in northern Botswana and is
part of the MOD/MTR joint venture Botswana Copper/Silver Project. T3 is located 
within the central part of the T3 Dome (approximately 1,000km2), which is the focus
of rapidly increasing exploration activity undertaken by the JV. Two significant
resources have been discovered to date within the T3 Dome: T1 (Mahumo deposit 100%
MOD) and T3 (70% MOD / 30% MTR).

The T3 Deposit was discovered in March 2016 when a reverse circulation (“RC”) drill
hole intersected 52m @ 2.0% Cu and 32g/t Ag from shallow depth. The maiden T3 JORC(
2012) compliant Mineral Resource was announced on 26 September 2016 with the first
Resource upgrade announced on 24 August 2017. The results of a Scoping Study for
an open pit mine at T3 with a 2Mtpa processing plant, an indicative mine life of
10 years and an average production rate of 21,800tpa of copper and 665,000oz pa 
of silver was released on 6 December 2016. Work on a Pre-Feasibility Study (PFS)
commenced in January 2017 and additional deeper copper mineralisation was discovered
below the T3 Resource in February 2017.

The T3 Prospect geological data and exploration results have been reviewed and approved
by Jacques Janse van Rensburg, BSc.(Hons), Business Development Manager and Competent
Person for MOD Resources Ltd. Mineral Resource estimation and classification of 
the T3 Copper/Silver Project was conducted and approved by Mr A.I. Pretorius, MSc.
Pri.Sci.Nat. an independent consultant to MOD Resources Ltd.

The Phase 2 drilling at the T3 Copper/Silver Deposit commenced on 7th August 2017,
with approval granted for the recommencement of both diamond core (DC) and reverse
circulation (RC) drilling at the T3 Project and its vicinity, through to December
2018. This includes up to 70 planned diamond core drill holes designed to infill
the current Resource and test for possible extensions. The objective of the infill
program is to increase geological confidence and upgrade categorisation of the T3
Resource. The programme also includes grid drilling to investigate the potential
for an underground Resource down-dip and along strike from the planned open-pit,
and to investigate geophysical targets. Drilling approval has been granted for the
wider T3 Dome with the acceptance of the T3 Dome EMP announced on 3 April 2018.

The results of the T3 Open Pit Pre-Feasibility Study were announced on 31st January
2018. The T3 Open Pit Feasibility Study, towards a decision to mine, is currently
underway.

The technical information contained in this disclosure has been read and approved
by Mr Nick O’Reilly (MSc, DIC, MAusIMM, FGS), who is a qualified geologist who acts
as the Competent Person under the AIM Rules – Note for Mining and Oil & Gas Companies.
Mr O’Reilly has visited the T3 site and reviewed MOD’s drilling and sampling protocols
and procedures. Mr O’Reilly is a Principal consultant working for Mining Analyst
Consulting Ltd which has been retained by Metal Tiger PLC to provide technical support.

In addition to its 30% interest in the JV, Metal Tiger holds 13,880,042 MOD shares,
equivalent to 5.996 % of MOD’s issued share capital and 154,167 MOD options each
exercisable price of 6 cents (Australian) on or before 15 April 2019.

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