Drilling Resumes At MOD Resources’ T3 Copper Project

MOD Resources says drilling has resumed at the T3 Copper Project (T3) following approval of the Environmental Management Plan (EMP) by the Department of Environmental Affairs (DEA). The approval is subject to several conditions which are all manageable. The EMP will enable an unlimited number of RC and diamond drill holes to be drilled up to December 2018 within a 48km2 farm block surrounding the T3 project.

Julian Hanna, MD at MOD Resources

T3 forms part of the joint venture (JV) between MOD (70%) and AIM listed Metal Tiger Plc (30%) and includes an extensive licence holding in the central and western parts of the Kalahari Copper Belt. The in-country operating company is Tshukudu Metals Botswana (Pty) Ltd (Tshukudu). Initial drilling will utilise three diamond and two RC drill rigs. Three additional diamond drill rigs are on standby at T3 and will be available as needed.

The first stage of the program will include up to 70 diamond drill holes to test a range of targets summarised below. RC drilling will be used for precollars, hydrological testwork and sterilisation holes below planned infrastructure at T3 (eg: process plant, waste dump and tailings storage facility). A large part of the drilling is targeted to be completed before the end of 2017. The EMP allows for a further 12 months drilling period to follow up any new discoveries or resource extensions around T3 and complete hydrological and sterilisation drilling in line with current feasibility studies.

“We are all very excited to resume drilling on the T3 Copper Project, with numerous drilling targets identified. An updated resource will be released soon and the Pre-Feasibility Study remains on track to be completed in the December Quarter 2017,” MOD’s Managing Director Julian Hanna said.

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