News: MOD Resources to start copper-silver drilling in Botswana

MOD Resources (ASX:MOD) will soon start drilling at the high grade Mahumo Copper/Silver Project in Botswana to upgrade resources at the West Zone and East Zone copper/silver deposits.

Mahumo has a Resource of 9.5 million tonnes at 1.14% copper equivalent.

Diamond drilling, which is expected to begin on 25 September, will also test for extensions below the West Zone and East Zone, between 200 metres to 400 metres depth.

This will help complete the conceptual mining study with updated resource, metallurgical and geotechnical results and provide sufficient data to progress the Mahumo Project towards a scoping study level.

Depending on results from the above program, a number of drill holes will also test the magnetic core of the Molelo Intrusion for potential sulphide mineralisation as well as reverse circulation drilling to test structural targets along the copper prospective contact at the Marthie Prospect.

Preliminary metallurgical test work on nine shallow drill hole intersections at Mahumo is continuing.

Initial rougher flotation test work has yielded encouraging results with approximately 90% copper and 90% silver recovery, consistent with the observed mineralogy.