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MOD MOD 14.730.73

Tshukudu Exploration (Pty) Ltd

MOD owns 70% of a UK incorporated joint venture company, Metal Capital Exploration Limited, with AIM-listed Metal Tiger Plc owning 30%. Metal Capital’s wholly owned subsidiary, Tshukudu Exploration (Pty) Ltd (Tshukudu) is the Botswana 'in-country' operating company for the JV Exploration Assets.

‘Tshukudu’, meaning rhino in the Setswana language, manages all the daily on-site activities with specialist inputs from Australia. Tshukudu’s Board of Director’s meets on a regular basis and oversees in-country activities and compliance. Mr Gaba Chinyepi is the Executive Director and Country Manager of Tshukudu and liaises with MOD’s executive management team on a daily basis.

Together, MOD and Tshukudu operate as one company and strive to achieve the objectives of MOD Resources in its quest to become a major copper producer in Botswana.