# Metal Tiger Plc EMP Submitted for Drilling T20 Dome

- Link: https://www.directorstalkinterviews.com/metal-tiger-plc-emp-submitted-drilling-t20-dome/412749307
- Published: 2018-04-16T07:10:10+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 (“JV”) project with partner MOD Resources Limited (ASX:
MOD) (“MOD”) in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal
Tiger).

**Highlights:**

 * Application lodged with Botswana Department of Environmental Affairs (DEA) for
   an Environmental Management Plan (EMP) for drilling within the circa 697km2 T20
   Dome complex.
 * T20 Dome EMP will allow the drilling of new and existing targets identified along
   a 140km long strike of the Central Structural Corridor.
 * Additional 939km2 airborne electromagnetic (EM) geophysics survey coverage planned
   to commence in mid-2018, to link up the previous three EM trail survey blocks
   over the centre of the T20 Dome.

> **Michael McNeilly Chief Executive Officer of Metal Tiger commented:** “The submission
> of the EMP for the T20 Dome will, where awarded, provide access to important strategic
> ground for the JV and open up an additional 697km2 of under explored and prospective
> Kalahari copper belt for drilling. Opening the T20 Dome for drilling will allow
> the possibility of adding to a pipeline of confirmed copper targets whilst we 
> move the T3 Resource through the mine feasibility study process. With the recently
> awarded T3 Dome EMP, drilling is planned to commence at the T3 Dome in May, and
> we look forward to the prospect of exciting drill intersections.”

**T20 Dome Regional Exploration Planned Work & Targets**

 * The T20 Dome EMP has been lodged for permission to test several new and existing
   targets along the Central Structural Corridor along the northern part of the 
   T20 Dome complex.
 * Approval of the T20 EMP will increase the total area available to drilling to
   approximately 1,377km2 (consisting the T3 Dome and T20 Dome).
 * The JV operating company Tshukudu has executed Access Agreements with 28 farms
   to allow access for the required exploration operations.
 * The planned extension of the airborne EM Geophysics survey coverage will extend
   geophysics data coverage over the centre of the T20 Dome and will facilitate 
   the generation of new drilling targets and tie together the three-existing trial
   EM Survey blocks.
 * T20 Dome drilling targets to include:
 * T4, where reverse circulation (RC) drill hole MO-A-04R intersected 2m @ 6% Cu&
   111g/t Ag from 101m depth, prior to the discovery of T3 in March 2016. T4 is 
   located approximately 80km SWW of T3. Interpretation for the trial EM data covering
   this target, together with soil sampling data has identified the possibility 
   of extensions to the known mineralisation.
 * T23, a new target located 15km west of T4. A compelling target derived from the
   interpretation of airborne EM data and detailed magnetic data. It consists an
   interpreted rotated structural anomaly within the core of a larger dome structure.
   T23 is likely to be the first target to be drilled when the T20 Dome EMP is approved.
 * The approval of the T3 Dome EMP was announced on 3 April 2018, with drilling 
   expected to commence in May.

**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 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 138,800,415 MOD shares,
equivalent to 6.0197 % of MOD’s issued share capital and 1,541,667 MOD options each
exercisable price of 6 cents (Australian) on or before 15 April 2019.

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