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Metal Tiger Plc

Kalahari Metals begins exploration programme in Botswana

Metal Tiger (LON:MTR) entered into an investment agreement under which it has the right to acquire up to 50% of KML.

Kalahari Metals (KML) has started an exploration programme on its landholding in the Kalahari Copper Belt in Botswana.

KML has interests in seven prospective exploration licences covering 4,063km² in the Kalahari Copper Belt.

The company expects to identify copper/gold (Cu-Ag) mineralisation through the exploration programme.

The company has appointed New Resolution Geophysics (NRG) to conduct airborne high-resolution magnetic and electromagnetic surveys (AEM) on the prospective Okavango project and Ngami copper project concessions later this month for delineating copper mineralisation on the Kalahari belt.

 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.