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Posted by
Claire Cuddihy ,
Writing Assistant
Global Mining Review,
Metal Tiger plc, a UK-based natural resource company, reported on its planned joint venture with its partner MOD Resources Ltd (MOD) in the UK copper belt of Kalahari. Botswana (70% MOD resources / 30% metal tigers).
The reclbadification of the T3 mineral resource estimate announced by CSA Global on July 2, 2018 resulted in a 13% increase in copper in the indicated resource category (with a cut-off of 0.4% ).
The estimate of total mineral resources remains at 60 million t @ 0.98% Cu and 14 g / t Ag (0.4% Cu cut) for a content of 590 000 t of copper and 27 million ounces of silver metal.
Mineral Resources Indicated contains 417,000 t of copper and 18.6 million ounces of silver (0.4% cut) representing 70% of the contained copper and 61% of the tonnes in the mineral resource total.
Drilling in progress to extend the underground potential of the high-grade vein outside the planned T3 pit and to extend the scope outside the design of the PFS T3 expansion pit.
Michael McNeilly, CEO of Metal Tiger, commented, "Following the update of the T3 Mineral Resource Estimate announced on July 2, we are pleased to announce that a reclbadification of resources has been completed. resulted in a substantial increase in copper content in 'The technical team of the project considers that the upgrade of resources could support an increase in design flow of the planned T3 treatment plant and that the ore reserve of The feasibility study could exceed the ore pool used in the PFS. "
Read the article online at: https://www.globalminingreview.com/exploration-development/16072018/13- increase-in-content-copper-for-kalahari-copper-belt /
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