Kalahari Metals LTD, in which Metal Tiger PLC (LON:MTR) holds a 50% stake, has received notification that the environmental management plan for its Okavango copper project has been reviewed and approved by the Botswana Department of Environmental Affairs.
The approval is subject to a four-week public review period.
The public review is the precursor to the EMP authorisation which, if granted, would allow diamond drilling to commence on high priority targets within the project. Competitive drilling tenders have been received and Kalahari Metals is confident drilling will take place shortly after completion of the public review.
"I am delighted by the continued support that the Botswana Department of Environmental Affairs has shown for the development of the KML portfolio, in which we see significant potential,” said Michael McNeilly, chief executive of Metal Tiger.
“The KML portfolio now includes a number of exciting geophysical and structural targets across the highly prospective Kalahari Copper Belt, which warrant further investigation by drilling. The anticipated drilling approvals will commence an exciting new chapter for the Company and our shareholders, and we look forward to providing further updates in due course."