PERTH (miningweekly.com) – ASX-listed Mod Resources is aiming to start a prefeasibility study (PFS) on its T3 copper deposit, in Botswana, by the end of the year.
“We expect to have preliminary pit, processing, environmental and social studies around T3 available by November and will look to a completion of the scoping study by December; and then a decision to proceed to the PFS,” said Mod MD Julian Hanna.
Speaking at the Africa Downunder conference, in Perth, on Wednesday, Hanna said the first resource at T3 was due to be announced at the end of the month, while a scoping study on the project area was also making good progress.
Mod has a 70% stake in T3 with the remainder held by London’s Aim-listed Metal Tiger.