38 / 60
36
MODERN MINING
July 2016
COUNTRY FOCUS
BOTSWANA
feature
T
he T3 discovery was made earlier
this year on ground acquired by
MOD as part of its recent acquisi-
tion – in conjunction with a joint
venture partner, AIM-listed Metal
Tiger – of Discovery Mines (Pty) Ltd (DMI), the
holder of a number of prospecting licences in
the Kalahari in the vicinity of Mahumo.
As a result of the deal, MOD now has by
far the biggest landholding in the Kalahari
Copperbelt. Prior to the DMI deal, it already
had 11 prospecting licences covering an area
of 4 187 km
2
. The DMI acquisition has brought
a further 14 prospecting licences covering
7 446 km
2
into its stable. It has an interest of
70 % in the new licences with Metal Tiger own-
ing the balance.
Metal Tiger is a company specialising in
investing in opportunities in the minerals sec-
tor worldwide – with an emphasis on precious
and base metals – and was represented at the
BRSC by its Chairman, well-known Australian
geologist Terry Grammer.
Addressing the BRSC, MOD’s Hanna
described the Kalahari Copperbelt – which
occupies a corridor running roughly from
Maun south-west to the town of Ghanzi and
beyond – as an emerging copper district with
the potential for many large sediment-hosted
copper-silver deposits, with the grade range
‘niche’ being 1,3 % to 2,0 % copper (Cu)
with significant silver (Ag) credits. He said
the known deposits had the capability of
producing high-grade (plus 40 % Cu), high-
quality (low arsenic) concentrates. Illustrating
his point, he noted that testwork on sul-
phide ore from MOD’s Mahumo project had
Exciting T3 discovery
opens
up options for MOD Resources
Inspecting core from T3.
MOD’s General Manager
Exploration (Africa), Jacques
Janse van Rensburg, is third
from left and Julian Hanna,
MOD’s MD, fourth from left.
When we last covered ASX-listed, Perth-based MOD
Resources (MOD) a year ago, the company was focused
on its Mahumo copper/silver project in the heart of
Botswana’s Kalahari Copperbelt. While Mahumo –
which MOD is hoping to develop initially as a ‘starter’
underground mine – still remains a key asset, the recent
discovery of the T3 deposit – located approximately 20 km
south of Mahumo and offering open-pit potential – has
greatly broadened MOD’s options with respect to mine
development, as MOD’s MD, Julian Hanna, explained to
delegates attending the recent Botswana Resource Sector
Conference (BRSC) in Gaborone.