Ann: Environmental Approvals and PFS Update, page-4

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BrassTacks1

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28/11/17

09:51

Post #: 29168525
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Originally posted by Jarcor ↑

Environmental Approvals and PFS Update
• Extension drilling north of T3 receives Department of Environmental Affairs approval
• Environmental Management Plan approved for drilling at T1 subject to public review
• Project Brief submitted for T3 Dome to drill high priority AEM targets
• Environmental approval received for accommodation camp facility outside Ghanzi
• PFS for T3 Mine now targeted for January 2018 completion
• Environmental Impact Assessment process has commenced for T3 Mine
MOD Resources Ltd (ASX: MOD) today provided an update on progress in obtaining a number of environmental approvals in and around its T3 Copper Project in Botswana and an update of the status of the T3 pre-feasibility study (PFS).
T3 forms part of the joint venture (JV) between MOD (70%) and AIM listed Metal Tiger Plc (30%) and includes an extensive licence holding in the central and western parts of the Kalahari Copper Belt. The in-country operating company is Tshukudu Metals Botswana (Pty) Ltd (Tshukudu).
T3 extension
The Department of Environmental Affairs (DEA) has approved drilling on a farm north of T3, doubling the approved area to approximately 100km2 and opening up additional AEM targets for drilling.
This environmental approval allows MOD to drill two further AEM targets, A15 and A18, immediately.
The DEA approval for T3 extension drilling was straight forward and there was no requirement for an Environmental Management Plan (EMP).

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Going like clockwork. The Bots Govt want to get the paperwork signed properly but there are no hurdles to be seen.
Nice work Tshukudu. Get them drill turning.

MOD Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held
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Ann: Environmental Approvals and PFS Update, page-4

Top Stories

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Vulcan appoints investment bank and M&A veteran to board

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

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