Metal Tiger updates on Botswana exploration programme
Source - SMW
Metal Tiger has provided an update on the exploration programme at its JV project with partners MOD Resources in the Kalahari Copper Belt, Botswana (70% MOD Resources / 30% Metal Tiger).
CEO Paul Johnson commented:
"We are pleased to report very positive preliminary metallurgical testwork results for the copper and silver ore types constituting our T3 Mineral Resource.
"These results bode well for the potential economics of the T3 Deposit, which is currently being assessed as part of our on-going scoping study; as well as showing very respectable copper and silver recoveries and concentrate grades the tests show the potential for relatively low power requirements to grind the ores.
"Additional exploration work continues and we will be updating the market in the near term with a further update in this regard."
At 9:19am: (LON:MTR) Metal Tiger Plc Ord 0.01p share price was +0.05p at 3.13p