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July 2015

MODERN MINING

37

feature

COUNTRY FOCUS –

BOTSWANA

copper/silver project

Above:

Inspecting Mahumo

drill core.

Top:

Copper-rich Mahumo

drill core.

Centre:

Drilling at the

Mahumo site in the Kalahari

Copperbelt has outlined a

resource of 2,7 Mt at 2,0 %

copper and 50 g/t silver.

and exploring other priority targets in the sur-

rounding area for possible new discoveries.

“Sedgman has significant experience oper-

ating in Botswana. This should assist MOD

in building community and landowner rela-

tionships and undertaking environmental and

permitting related studies that will be required

if feasibility studies confirm a viable under-

ground mining operation at Mahumo.”

Hanna is a geologist who was co-founder

and former MD of Western Areas, Australia’s

second largest underground miner. He leads

a team which includes Steve McGhee, MOD’s

Resources Director (he is also a co-founder

and Director of IMO), and Jacques Janse van

Rensburg, General Manager Exploration

(Africa).

MOD has tenements in Botswana extend-

ing over nearly 7 000 km

2

in the area between

Maun and Ghanzi. The Mahumo deposit, the

company’s main focus of interest, is located

approximately 100 km south-west of Boseto,

the only mine (although it is currently on care

and maintenance) to have been built so far in

the Kalahari Copperbelt.

A Stage One mineral resource estimate for

Mahumo of 2,7 Mt at 2,0 % copper and 50 g/t

silver was announced in March this year.

It is based on drilling completed by MOD in

2011/2012 and 2014/2015 along a 2,4 km

strike length at Mahumo to an average depth

of approximately 300 m. The resource remains

open below the current limit of drilling and

resource extension drilling (Stage Two) is due

to start shortly (subject to funding).

The Mahumo resource has a copper equiva-

lent grade of approximately 2,5 %, which MOD

believes is the highest grade for an announced

copper/silver resource in Botswana. The silver

grade of 50 g/t is particularly impressive and is