The company has a 30% stake in the joint venture (JV) that is exploring the copper/silver project.
Metal Tiger said airborne electromagnetic (AEM) geophysics interpretation points to a series of large conductive domes, spread over a wide area. The complex has similar geometries and internal structures to the T-Rex Dome that underlies the T3 deposit.
In the drilling campaign, seven buried domes will initially be drilled, with around 60 drill holes planned for phase one of the campaign.
Metal Tiger added that drilling is in progress at the A4 dome, which is eight kilometres (km) west of the T3 deposit, and at the A1 dome, which is 20 km north-east of T3.
“Using the latest data processing and interpretation techniques the JV’s geophysical contractors have identified a series of prospective structural dome targets within the, 1,000km2, T3 Dome complex,” said Michael McNeilly, the chief executive officer of Metal Tiger.
“With cross-sectional profiles similar to the T-Rex dome, the feature associated with the T3 deposit, these new domes will now be drill tested to confirm they coincide with the favourable geological units and structures associated with the T3 mineralisation. This new drilling programme has the potential to deliver a pipeline of exciting results and hopefully additional T3 type deposits,” he added.
Julian Hanna, managing director of MOD Resources, the majority partner in the JV, said the new drilling targets were “compelling”.
“What is extraordinary is that the EM [electromagnetic] interpretation appears to have defined seven large 'buried' conductive domes, several with very similar geometries and internal structures to the T-Rex Dome which underlies T3,” Hanna said.
Shares in Metal Tiger were up 1.2% at 2.18p.