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Metal Tiger confirms new discovery in Botswana

Feb 20, 2017

Metal Tiger has confirmed a new discovery, described as an “exciting new zone”, at its joint venture project in the Kalahari Copper Belt in Botswana.

Infill diamond drilling confirmed the discovery, found below the already discovered T3 mineralisation. Specifically, drill hole MO-G-65D, intersected a 75 metre zone with multiple intervals of copper sulphides.

The company highlighted that new mineralisation bears important similarities to T3, and said that existing drill holes would now be deepened for signs of extensions of the newly discovered mineralisation zone. BotswanaDrilling is also planned for new targets.

“It is a great pleasure to be able to report the discovery of an exciting new zone of mineralisation located directly beneath the T3 Resource,” said Michael McNeilly, Metal Tiger chief executive. “This new zone consists of multiple intervals of copper sulphide mineralisation over 75m.

“Whilst sampling and assays are still in progress, we anticipate that the results could be the most significant since the T3 discovery hole last March, 52m @ 2% copper and 32g/t silver.”

McNeilly added: “The first of these new deep anomalies is currently being drilled and we look forward to the findings.

“Shareholders should note that assay results are required before precise copper grades can be determined.

“We expect to provide a further update once the assay results become available.”

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