News: MOD Resources hits copper and silver heights in Botswana

MOD Resources' (ASX:MOD) shares should trade higher after a review of earlier drilling identified two zones of high grade copper sulphide and silver mineralisation at shallow depth at its Mahumo Deposit in Botswana.

The Mahumo Deposit is 2.5 kilometres long so there may be some scale to the project.

But that may not be the end of it.  Work on the Marthie Prospect could signal up to 25 kilometres of the copper prospective contact may have been folded into a structurally favourable site.

The review of the results were identified after applying a 1.5% copper cut-off to numerous previous diamond drill hole intersections.

The new interpretation suggests potential exists for the two zones to be joined below the shallower ‘Central Zone’.

It also indicates that high grade vein related copper and silver mineralisation may extend over many hundreds of metres along strike.

This new deposit occurs at the western end of the 4.5 kilometre long Corner K mineral resource.

Mahumo represents about 50% of the total strike length of the previously announced Corner K mineral resource.