21st Nov 2018 11:10
LONDON (Alliance News) - Metal Tiger PLC on Wednesday said drilling at the T20 copper project has intersected copper mineralisation that could have significant potential.
Shares in the natural resource investor were up 11% at 1.72 pence each on Wednesday.
Metal Tiger holds a 30% interest in the T20 exploration project, located in the Kalahari copper belt in Botswana. MOD Resources Ltd holds the remaining 70%.
Diamond drilling took place at the T23 dome, the first drilling target at the project. The first two widely-spaced holes "intersected visible copper mineralisation at very shallow depth".
Metal Tiger said that additional drill rigs are being mobilised to extend drilling at T23, as well as at the previous T23 target, T4.
"With drilling at the T23 dome returning potentially significant visible copper intersections and rigs being mobilised to follow-up on the previous high-grade intersections at T4, we are looking forward to a potentially exciting new chapter of Kalahari copper discoveries," said Metal Tiger Chief Executive Michael McNeilly.
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