Wesbank

MOD Resources confirm high copper and silver grades

SHARE   |   Sunday, 07 September 2014   |   By Staff Writer

MOD Resources Limited has released new assay results from the mineralised intersections in previous shallow drill holes at the Mahumo project in Botswana. The assay results confirm high copper and silver grades at both the West and East Zone deposits. 

Six drill hole intersections in the West Zone, indicated an average composite grade of 1.7% copper and 41 g/t silver, while the highest grade individual drill hole, MO-55-D, consisted of 2.2% copper and 85 g/t silver. Copper sulphide was also visually identified in all intersections at depths of more than 40 metres. MOD Resources also reported 85-93% acid soluble copper in copper oxide intersections at depths of less than 40 metres.

The East Zone deposit yielded an average composition grade of 2.1% copper and 55 g/t silver from three intersections. The highest grade for an individual drill hole was 2.8% copper and 76 g/t silver in drill hole MO-090-D. In addition, copper sulphide was visually identified in all intersections. MOD Resources Limited is an ASX listed gold focused company with a copper project in Botswana.



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