https://www.miningweekly.com

MOD Resources discovers substantial new copper zone

6th March 2017

By: Anine Kilian

Contributing Editor Online

     

Font size: - +

JOHANNESBURG (miningweekly.com) – ASX-listed MOD Resources has discovered significant widths and grades of copper and silver mineralisation below the T3 resource at its Botswana copper project.

T3 forms part of a joint venture with Aim-listed Metal Tiger relating to an extensive holding of licences in the central and western parts of the Kalahari Copperbelt in Botswana.

The newly intersected zone comprises multiple intervals of disseminated, laminated, cleavage and vein hosted copper sulphides including bornite, chalcocite, covellite and chalcopyrite.

“This new intersection exceeds the width and grade of the overlying T3 resource, which is several times wider than most copper deposits in the Kalahari Copperbelt,” MD Julian Hanna said in a statement on Monday.

The newly intersected zone extends over about 72.6 m, from 250 m to 322.6 m down hole depth.

Estimated true width may be greater than 50 m based on an early interpretation of the geometry of the intersection.

Hanna said the company has not reached the limits of understanding the potential at T3 and needs to rethink ways to upscale production targets and ramp up exploration to a new level.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.133 0.164s - 90pq - 2rq
Subscribe Now