For thousands of other reports visit RSC's Mineral Intellingence Map
MOD Resources Ltd.
Summary
| Project: | T3 | |
|---|---|---|
| Deposit: | A4 Dome | |
| Location: | Botswana | |
| Commodities: | Copper-Silver | |
| Date: | 9/4/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 4-9-2018: MOD Resources Ltd. announces an Exploration/Drilling Update report for its A4 Dome deposit at the T3 project. Drilling results incl. 31.2m @ 1.1% Cu, 11g/t Ag from 560m. MOD Resources Ltd (ASX: MOD) is pleased to announce further exciting result | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Bradley Ackroyd (Internal) | |
| ABSTRACT: | MOD Resources Ltd (ASX: MOD) is pleased to announce further exciting results from its 70% owned A4 Dome, and a major step up in activity along this large target in the T3 Dome Complex in Botswana. Results include a second, deeper copper zone intersected in hole MO-A4-003D which assayed 31.2m @ 1.1% Cu & 11g/t Ag from 560m downhole depth. MO-A4-003D is the same hole which intersected 52m @ 1.5% Cu and 14g/t Ag from 232.2m downhole depth and includes a high-grade interval of vein hosted mineralisation which assayed 15.5m @ 2.9% Cu and 42g/t Ag, announced on 6 August 2018. The 31.2m intersection in MO-A4-003D occurs on the regionally mineralised NPF contact and includes a high-grade interval of 5.0m @ 2.2% Cu and 22g/t Ag from 586.2m downhole depth. MO-A4-004D, 50m north of the intersection in MO-A4-003D, similarly intersected 19.3m @ 1.0% Cu and 10g/t Ag from 485m downhole on the NPF contact. This intersection includes a high-grade interval of 4.3m @ 2.3% Cu and 21g/t Ag (Figures 1 and 2 and Table 1). NPF contact mineralisation in the core of the A4 Dome, below the high-grade vein hosted mineralisation, is an important target. Firstly, this contact hosts most of the substantial copper deposits located east of MOD’s licences, including the ~100Mt @ 2% Cu ‘Zone 5’ resource planned to be mined underground by Cupric Canyon Capital. Secondly, the NPF contact may underlie a wide area of the T3 Dome Complex, including the T3 deposit where many holes intersected NPF mineralisation similar to that at the A4 Dome. Assays are also awaited for a wide, potentially significant intersection of visible chalcocite and bornite vein hosted mineralisation in MO-A4-005D from 443m downhole, located ~150m south of MO-A4-003D. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report