While the market is very focused on the T3 resource at present, MOD strongly believes in the district potential of its very large tenement package .
We also believe regional exploration success would likely result in the market ascribing a much higher valuation to MODs exploration potential, as well as an increased probability of a takeover approach.
If MODs Zone 3 discovery at T3 does prove to be be within the Ngwako Pan Formation, , in our view it bodes very well for the prospectivity of MODs ground the potential for exploration success
Kalahari Copper Belt are sediment hosted deposits Sediment hosted deposits can be very pervasive over large areas
It is this style of mineralisation which is one of the reasons we think MOD’s ground is so prospective.
MNE Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held