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MOD 0.340-0.015

Exploration Projects

A comprehensive exploration program across all MOD's project areas is currently underway in Botswana. The Company holds a dominant position in the Kalahari Copper Belt with prospective copper and silver licences at various stages of exploration.

Julian Hanna, Managing Director of MOD Resources, explains the major drilling campaign currently underway at the T3 Dome Complex.


T3 Dome Complex (MOD 70%)

Drilling at the T3 Dome Complex commenced in the first half of 2018 with four drill rigs, testing previously undrilled Airborne EM anomalies along a >50km long section of the T3 Dome Complex. These include large formational conductors and numerous discrete conductors.

Ten high priority targets were identified for the initial drilling phase.

Airborne EM image of central part of T3 Dome showing formational conductors interpreted to occur from near surface to ~500m depth (yellow outlines) and 10 high priority drilling targets (white circles)


T20 Dome & T4 (MOD 70%)

In addition to T3 Dome, T20 Dome (~100km west along strike from T3 Dome) is considered a high priority target area. Widespread copper and zinc soil anomalies occur within an area extending ~60km east to west and up to 20km north to south along the eastern part of the T20 Dome. These soil anomalies appear to merge with the T4 anticline to the north.

Due to the successful use of AEM to identify drilling targets along the T3 Dome, Tshukudu has completed a substantial AEM survey at T20 Dome and T4. The survey consisted of three blocks with a total area of ~787km2 covering areas of strong soil anomalism.

Tshukudu has applied for an EMP to enable drilling to commence in the September 2018 quarter, to test these AEM and soil anomalies.

T7 Domes (MOD 100%)

MOD holds a 100% interest in four licences with a combined area of ~2,500km2 at the T7 exploration area, ~50km south of Ghanzi.

T7 licences cover a number of domes and potentially prospective geological contacts interpreted from magnetics.

Widely spaced soil sampling identified anomalous copper soil results and preliminary RC drilling intersected favourable sediments, similar to the T3 sequence. A trial AEM survey across T7 is planned in the September 2018 quarter to identify possible conductors.