AMN - BOTSWANA: Drilling extends T3 mineralisation

Drilling on the T3 Copper Joint Venture in the Kalahari Copper Belt in Botswana has confirmed that mineralisation extends well outside the proposed open-pit. T3 is jointly owned by AIM-listed Metal Tiger and ASX-listed MOD Resources, which is the operator.

The JV has received assays from 10 recent holes with assays pending for a further eight holes, including those which intersected mineralisation at the previous western and eastern limits of drilling.

Metal Tiger reports that potential significant underground targets have been outlined by stacked high-grade vein assays, which are interpreted to be continuous over at least 1.5km of strike length. The deposit is still open.

Among the highlights from the recent results were 12 metres @ 1.1% copper and 14 g/t silver from 235 metres, including 5 metres @ 1.6% copper and 31 g/t silver.

A drill hole in late October intersected two visible bornite/chalcocite vein zones approximately 300 metres northeast of the planned pit.

MOD Resources has seven drill rigs now turning and reports that diamond core drilling is progressing well.

Metal Tiger's CEO Michael McNeilly said, “We are excited to report that drill core assays received from the latest phase of drilling at the T3 deposit, have confirmed the presence of high-grade stacked vein copper mineralisation striking over at least 1.1km, which may hold strong potential for extending the open potential around the currently planned open-pit.”

A prefeasibility study is modelling a 2.5 million tonnes per year processing operation, an increase of 25% on numbers outlined in the scoping study.

www.metaltigerplc.com