GABORONE – LSE-listed Metal Tiger Plc has announced the discovery of new copper mineralisation indicators which are potentially proof of the availability of huge deposits in the Mahumo Concession of the Kalahari Copperbelt in Botswana.

In a cautionary notice issued to shareholders, the company said the new copper anomalies were identified during a sampling exercise of exploratory ores extracted from the T3 project area of the Mahumo Concession.

"Several new copper anomalies have been identified from an ongoing regional soil sampling programme being conducted over the wider MOD/MTR JV licence holdings. This regional work is in addition to the ongoing resource drilling programme at T3. This soil geochemistry survey work focused on the regional exploration targets T2, T9 and T10, which are located north of the T3 Resource Programme area.

"It is important to note that it was soil sampling that led to the discovery of both the T3 Resource target and the mineralisation drilled at T4 earlier this year. At T2, two strong copper in soil anomalies are outlined. At T9 and T10, extensive copper soil anomalies coinciding with major regional structures have been identified. Investigations are ongoing," the company said.

The new discoveries include three specific zones with copper concentrations of up to 85 parts per million (ppm) covering areas up to 1.5km wide. More discoveries are expected in the T-9 and T-10 prospects areas where extensive evidence of copper mineralisation has been found.

Metal Tiger CEO Paul Johnson said the discoveries proved that the company’s exploratory strategies were paying dividends.

"The potential of our Botswana licences holding as yet undiscovered copper deposits has increased with the delineation of these soil geochemistry anomalies. The focused strategy of identifying potential new deposits, by targeting regional scale structures identified from regional geophysics, with relatively low cost, soil sampling grids and RC drilling is paying off.

"The strategy worked to delineate the current T3 Resource Project and led to the discovery of MOD’S Mahumo deposit. It is especially interesting to note that the T2 copper in soil anomalies outlined below are over three times higher than the 28ppm Cu anomalies that led to the discovery of T3. We commend the progress our partners are making in the search for new copper deposits across our holdings. We look forward to reporting further developments as these anomalies are tested," Johnson said.

The copper/silver drilling operation is a joint venture project between MOD Resources and Metal Tiger Resources. It is located on the expansive Kalahari Copper Belt of northern Botswana.