Significant copper in the 2nd hole in the A4 dome

A4 Dome is located in the Dome Complex T3 ~ 700km 2 and is part of a joint venture with Metal Tiger Plc (30%). The JV holds extensive licenses operated by a subsidiary in the country, Tshukudu Metals Botswana (Pty) Ltd. (Tshukudu) extending 200 km along the Kalahari copper belt.

MO-A4-003D is currently at 334m depth and is being deepened to> 600m to test other conductive characteristics defined from airborne electromagnetic (EM) data in the Dome core. A4 (Figure 2). The hole will also test the potential contact of the Ngwako Pan Formation (NPF) deduced under the target sequence.

The intersection of visible copper sulphides at A4 Dome is particularly significant as it reinforces the use of airborne EMs that have identified many 'buried domes', many with a geometry similar to the flagship development project of the Company at T3. The drilling at the A4 Dome is the beginning of a major drill program of vein deposits in seven of these recently discovered domes, as announced on May 15, 2018.

MOD's General Manager, Mr. Julian Hanna, said: MO-A4-003D intersected a network of veins of mineralized stockwerk, in what appears to be a large intact dome. This opens the possibility that all the copper that has been deposited in the A4 Dome is still there. "

Mr. Hanna added:" The broader meaning is that this hole also confirmed the benefits of using the state of the art-EM managed to target the copper inside these previously unrecognized domes. "

MO-A4-003D is located 1.8 km west of the first hole of the A4 Dome, MO-A4-001D, which also intersected the east end of the dome (announced on June 12, 2018)

Another survey, MO-A4-002D, located 1.0 km west of MO-A4-001D is currently 328m deep and close to the interpreted target sequence, and MO-A4-004D at 150m north of MO-A4-003D has just started (Figures 2 and 4 of the full ASX ad)

AMN Corporate

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www.modresources.com.au

The wholly owned subsidiary of Metal Capital, Tshukudu Metals Botswana (Pty) Ltd. (Tshukudu), is the Botswana mining company owning the copper / silver T3 deposit where a RC discovery borehole intersected 52m @ 2.0 Tshukudu also holds the prospecting license that covers most of the T3 Dome Complex.

MOD announced a significant copper / silver resource in Q3 on September 26, 2016. The total cost of the T3 discovery and inaugural resource delineation was exceptionally low at $ 1.7 million On December 6, 2016, MOD announced the results of its exploratory study for an open-pit mine at T3

MOD announced an updated resource at T3 comprising 36 Mt at 1.14%. Cu, containing 409kt copper, on August 24, 2017. MOD has announced a new upgrade comprising 60Mt @ 0.98% Cu and 14g / t Ag containing ~ 590.4 Kt copper and 26.9 Moz silver, July 2, 2018. / press release