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42.5¢ mod resources limited

Well said PD1. It's really shaping as a cracker of a copper...

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melua

14,882 Posts.

475

02/04/17

07:22

Post #: 23794881
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Originally posted by PD1 ↑

What's exciting here is the fact that many will consider T3 is all Mod have, yet their land holding/Exploration licences are so very prospective.
Mod are very communicative in their confidence that further extensions and new t3's will likely be found.
In summary terms, Mod don't fully understand why the T3 deposit is there. The T3 type of mineralisation is unique so far to the Kalahari Copper Belt, which is what makes T3 and all other targets so exciting.
The fact they have moved away from t3 for now to identify these new targets is again, exciting.

The current T3 intercepts have width, the grade of mineralization is good and the resource keeps expanding.
Mod expect that T3 will ultimately be proven even more extensive as they continue.
The fact that zone 2 is not as steeply dipping as previously thought is also much more positive.

I'm happy to hold here as Mod has a clear potential to further showcase and Expand a highly prosperous area of a 'New Style' untapped land mass along the Kalahari Copper Belt.

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Well said PD1. It's really shaping as a cracker of a copper deposit. Could be huge. Early days.
Happy to sit tight.

MOD Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
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