LONDON (Alliance News) - Natural resources investor Metal Tiger PLC said on Tuesday the major drilling campaign at the T3 Dome complex in Kalahari copper belt in Botswana has started, following the review of the project's environmental management plan.
The Dome is now described as a 'Complex' due to the number of targets identified within 1,000 square kilometres of the area. Seven buried domes are to be drilled initially, and up to 60 diamond drill holes are planned for phase one.
Airborne electromagnetic geophysics interpretation points to a series of large conductive domes, spread over a area.
"Using the latest data processing and interpretation techniques the joint venture’s geophysical contractors have identified a series of prospective structural dome targets within the 1,000 square kilometres T3 Dome complex," said Chief Executive Officer Michael McNeilly.
"With cross-sectional profiles similar to the T-Rex Dome, the feature associated with the T3 Deposit, these new domes will now be drill tested to confirm they coincide with the favourable geological units and structures associated with the T3 mineralisation. This new drilling programme has the potential to deliver a pipeline of exciting results and hopefully additional T3 Type deposits," McNeilly added.
Shares in Metal Tiger were up 0.6% at 2.16 pence on Tuesday.