Metal Tiger welcomes positive start to Botswana drilling campaign
Source - SMW
Metal Tiger welcomed a 'very positive start' to a drilling campaign at the Ngami and Okavango copper projects in Botswana, in which it held a 59.8% interest via its investment in Kalahari Metals.
Drill intersections into the priority gold nose target at Okavango had identified veinlet and disseminated sulphide-dominant copper mineralisation over a broad 25 metre zone on the northern side of the fold-hinge.
Drilling at both projects had successfully intersected the D'Kar and Ngwako Pan formation contact in fold-hinge settings with associated cooper mineralisation.
'This is a very positive start to Kalahari Minerals' inaugural drilling campaign,' chief executive Michael McNeilly said
'We are very encouraged by the visible copper mineralisation seen in the core and look forward to testing for further mineralisation along strike.'
At 9:23am: (LON:MTR) Metal Tiger Plc Ord 0.01p share price was 0p at 1.3p