15 May 2018
Metal Tiger Plc
Botswana Copper/Silver Project Major Drilling Campaign Commences at T3 Dome
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 Companys 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:
Major drilling campaign commences at T3 Dome Complex, following completion of the public review of the Environmental Management Plan announced 4 April 2018.
T3 Dome now described as a Complex due to number targets being identified within its circa 1,000km2.
Airborne electromagnetic (AEM) geophysics interpretation points to a series of large conductive domes, spread over a wide area. Similar geometries and internal structures to T-Rex Dome which underlies the T3 Deposit.
Seven buried domes to be drilled initially, circa 60 diamond drill holes planned for Phase 1.
Drilling underway at A4 Dome, 8km west of T3 Deposit and at A1 Dome, 20km NE of T3.
Michael McNeilly Chief Executive Officer of Metal Tiger commented:
Using the latest data processing and interpretation techniques the JVs geophysical contractors have identified a series of prospective structural dome targets within the, 1,000km2, T3 Dome complex. With cross-sectional profiles similar to the T-Rex Dome, the feature associated with the T3 Deposit, these new domes will now be drill tested to confirm they coincide with the favourable geological units and structures associated with the T3 mineralisation. This new drilling programme has the potential to deliver a pipeline of exciting results and hopefully additional T3 Type deposits.
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
Processing and interpretation of AEM data to the 500m depth limit of the EM data has identified at least seven conductive domes within the T3 Dome Complex.
Domes are generally >5km long, 1-2km wide and interpreted to be associated with shallow angle thrusting and stacking of prospective copper belt sediments. Interpretation appears to have defined not only the conductive shell but also the internal structure of several domes.
Tops of several domes interpreted to start from 50-100m below surface, other domes start at 200-300m depth and are less well defined.
At the T3 Deposit a distinctive EM conductor, the T3 Marker Unit, appears to be associated with a 40m thick, locally carbonaceous shale unit with varying degrees of alteration and veining intersected in many of the T3 drill holes.
Cross sections of interpreted AEM data for five domes are given with initial planned drill hole traces in the MOD announcement of today (see above link).
T3 Dome Complex Planned Drilling Programme
Approximately 60 diamond core drill holes have been budgeted during the Phase 1 drilling along the T3 Dome Complex, with 4 drill rigs deployed.
The objective of the planned drilling is to confirm the prospective geological sequence and structures occur within the interpreted domes.
Holes to be 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.
A total of 8 diamond core rigs are or will be deployed on the JV licences, in addition to the 4 rigs planned for the T3 Dome Complex, 1 drill rig is working at the T3 Underground Resource and 3 rigs on geotechnical and sterilisation drilling for the T3 Pit Project.
Background information on the T3 Project (see link below)
http://www.moneyam.com/action/news/showArticle?id=5970979