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Metal Tiger CEO looking forward to providing details of KML’s follow-on drilling activities
Metal Tiger (LON:MTL) gave an update on Thursday morning on “encouraging progress” at the Kitlanya East copper-silver project in Botswana, operated by Kalahari Metals Ltd (KML).
Airborne geophysics survey and soil sampling results highlight the potential for the South Fold target to host copper-silver mineralisation in a similar setting to Sandfire Resources’ neighbouring T3 and A4 deposits.
Michael McNeilly, chief executive of Metal Tiger, commented on the results:
“The processed results from the Q4 2020 airborne geophysics survey and soil sampling programme highlight the potential for the South Fold Target to host Cu-Ag mineralisation in a similar setting to the neighbouring Sandfire Resources T3 and A4 deposits as corroborated by a recently commissioned independent structural assessment.”
“With these encouraging results, in the heart of the rapidly developing Kalahari Copper Belt, we look forward to providing details of KML’s follow-on drilling activities planned for the Kitlanya East Project.”
Metal Tiger‘s share price closed 2.22% down at 22p.