ASX-listed MOD Resources reports it has intersected wide intervals with multiple zones of potentially significant copper mineralisation in follow up RC drilling at the T2 prospect, located 20 km north of its T3 discovery in Botswana’s Kalahari Copperbelt.
One of MOD’s drill sites in the Kalahari Copperbelt (photo: Nick O’Reilly).
T2 is part of the joint venture between MOD Resources (70 %) and AIM-listed Metal Tiger Plc (30 %) and is being drilled to test two strong copper soil anomalies (T2 West and T2 East) announced on 13 July 2016. The T2 West soil anomaly contains consistently high copper values up to 87 ppm Cu. There is no outcrop at T2 and the area is covered by a shallow surface calcrete layer.
T2 West is the first new JV target to be drilled since the discovery of T3 in March 2016 and is part of MOD’s regional exploration programme to identify potential new deposits in the T3 region.
Five RC holes have been completed along the first drill section across the southern part of the recently identified T2 West copper soil anomaly. All five holes intersected zones of vein and disseminated copper mineralisation associated with interpreted folding of the host sediments directly above the Kalahari Footwall sediment contact (FW).
Two additional RC holes (MO-G-55R and MO-G-56R) were completed along the same drill section to test a separate soil anomaly located north of the other five holes. These holes intersected FW sediments and the source of this northern anomaly is still to be determined.
MOD Resources’ Managing Director, Julian Hanna, says he continues to be encouraged by the early results from T2. “This is just the first of several new targets to be drilled and to be intersecting such wide intervals of copper sulphides at T2 already is an exceptional start to our regional exploration programme,” he comments. “I’m confident we have the right team in place to capitalise on this drilling programme and we anticipate a steady flow of exploration news in the near future.”