Metal Tiger upbeat on its T3 Underground Project JV with MOD Resources

first_imgMetal Tiger plc has provided an update regarding the company’s JV project with partner MOD Resources Ltd in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal Tiger). Encouraging early results of T3 Underground Project mining study supports the initiation of a 30-hole Resource drilling programme targeting high-grade veins with underground mining potential. The T3 Underground Scoping Study is set for completion by Q3 2018. Assay results are in from a further 8 diamond drill holes received. Downhole intersection highlights include Hole MO-G-82D with 7.2 m @ 1.9% Cu and 39 g/t Ag from 219 m. To date 45 holes at T3 have returned significant vein hosted copper mineralisation intersections below, down-dip and along strike from the planned T3 Open Pit.Michael McNeilly Chief Executive Officer of Metal Tiger commented: “We are very encouraged by the initial findings of the T3 Underground Project investigations and the prospect that room-and-pillar underground mining of the high-grade copper/silver veins, developed simultaneously to the planned T3 Open-Pit mine could make a substantial contribution to the T3 profitability. Sharing a planned central scalable processing plant at T3 between both the T3 surface and underground mining operations and possible neighbouring deposits is an attractive proposition in the precursory modelling. With the current drilling programme yielding reliably consistent vein intersections the JV has agreed to initiate a 30-hole infill drill programme targeting an underground mine resource project and to work towards the release of a T3 Underground Project scoping-study by mid-2018.”South African mining consultants have been conducting initial investigations into the potential viability of a T3 Underground Project with the underground mining of the high-grade veins below and along strike from the planned T3 Open Pit. They are also researching the potential economic benefits that underground mining would add to the open-pit.The initial T3 Underground Project concept includes:Room-and-pillar mining of the good continuity, shallow-dipping, high-grade veins, with in-ore development.Developing T3 Underground simultaneously with T3 open-pit production.Use of shared infrastructure including the planned scalable T3 Processing Plant (as reported on 3 October 2017 the current Planned Process Plant design is for 2.5 Mt/y but will allow for a possible future expansion of up to 4.0 Mt/y).Targeting ore production and margin rather than extending overall mine life (modelled at 10 years).The T3 Underground Resource Drilling Programme is now planned based on underground potential:Planned 30 diamond hole programme will drill-out an underground Resource.Drilling with three rigs over a 1.7km strike length on 100 m spacing with 50 m infill where required, is expected to commence early 2018.Results will feed into a T3 Underground Project scoping study, targeted for release by Q3 2018.Regional exploration will continue throughout H1 2018 with numerous geophysical and geochemical anomalies targeted for drill testing, within the circa 1,000 km2 T3 Dome area surrounding the T3 Deposit.last_img read more

New Face of Handball in Plock

← Previous Story EHF prevents regional league! Red light from Vienna for the new project! Next Story → IHF: Germany gets Wild Card for Qatar 2015! handballpilka recznaPlock Nineteen teams, beach handball and the city center of well known in handball world city. Last weekend Płock hosted Beach Handball Tournament of Mayor of Płock’s Cup. – It had been great pleasure and the best tournament in Poland so far – say everybody who had chance to participate. The scenery of tournament was special – the main city centre, next to the town hall, surrounded by historical buildings. Although Płock is located on the riverside organisers decided to place event in the Old Town – We wanted to show people something different and also gain these ones who firstly were not interested in our event – says Artur Niesłuchowski, president of BHT Auto Forum Petra Płock, team who organised tournament. – That is why we located it in the city centre. Of course this decision brought us to higher costs but thanks to our main sponsors, who were city of Płock and PKN Orlen we were able to make it. As we found out that was bull’s eye. Almost every game was played with many people on the audience. Especially matches of host, BHT Auto Forum Petra Płock attracted a lot of spectators, including Manolo Cadenas or players of polish national team Adam Wiśniewski or Piotr Masłowski. – That was a wonderful feeling to see so many people who were cheering for us. To be honest we were expecting that and we are not disappointed – say Marcin Miedziński, player of Petra and Polish Beach Handball National Team. The tournament won the host, who in the final won against Damy Radę Inowrocław. The game provided a lot of emotions to both players and the fans. Petra won 2:0, but it was not an easy victory – both sets ended with the gold goals. – It was the first victory in our history during playing in Polish Championship and it gave us first place in the table, we could not be happier. We and our fans deserved it to celebrate in the home city – say Miedziński. The only problem during competition happen during women’s final, which had to be interrupted due to rainfall. Eventually after half hour break match was resumed and the gold medal went to BHT Byczki Kowalewo Pomorskie, who won against Reflex AZS AWF Volkswagen Poznań.Tournament was a great sports and organisational success. – We have heard many positive opinions during and after our event – says Artur Niesłuchowski – We are really glad that everybody enjoyed it – starting with us, through fans and spectators to players and referees. Some of them even said that this may change perception of beach handball and tournaments organizing in Poland, which is a great pleasure to hear.People in Płock can’t wait to see tournament back in the city. – I hope we will see each other here next year – said during ending ceremony Andrzej Nowakowski, president of the city. As the organisers promise, Beach Handball Płock after a great success will become annual event.TEXT: Michalina ChabowskaPHOTO: Grzegorz Trzpil read more