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MOD jumps on high-grade resource

SHARES in MOD Resources rocketed 40% this morning after it posted a resource for stage one of the Mahumo project in Botswana, staking a claim on one of the highest grade copper-silver deposits in the country.

Andrew Duffy
MOD jumps on high-grade resource

The resource came in at 2.67 million tonnes at 2% copper and 50 grams per tonne silver, or a copper equivalent grade of 2.4%. Contained metal levelled at 53,180 tonnes copper and 4.27 million ounces...

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