StockMarketWire.com - Metal Tiger said it has seen encouraging early results of the T3 underground project mining study at its joint venture project in the Kalahari Copper Belt in Botswana.

It said this supports the initiation of a 30-hole resource drilling programme targeting high-grade veins with underground mining potential.

The T3 underground scoping study is aiming to complete by Q3 2018.

To date, 45 holes at T3 have returned significant vein hosted copper mineralisation intersections below, down-dip and along strike from the planned T3 open pit.

Michael McNeilly chief executive officer of Metal Tiger, said: "We are very encouraged by the initial findings of the T3 underground project investigations and the prospect that room-and-pillar underground mining of the high-grade copper/silver veins, developed simultaneously to the planned T3 open-pit mine could make a substantial contribution to the T3 profitability.

"Sharing a planned central scalable processing plant at T3 between both the T3 surface and underground mining operations and possible neighbouring deposits is an attractive proposition in the precursory modelling."


At 9:34am: [LON:MTR] Metal Tiger Plc Ord 0.01p share price was +0.03p at 2.05p



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