MOD Resources Ltd’s Prospectus dated 19 November 2018 has been approved by the UK Listing Authority and has been published. MOD is a copper exploration and development company focused on the central and western Kalahari Copper Belt in Botswana. The primary focus is the development of its wholly owned T3 copper project, for which a feasibility study is due for completion in Q1 2019. Highlights:

• T3 copper project Mineral Resource estimate comprises 60 Mt at 0.98% Cu and 13.9 g/t Ag, containing 590,000 t of copper and 27 Moz of silver at 0.4% Cu cutoff grade
• The PFS for the T3 project completed in January 2018 confirmed a robust, long-life open-pit copper mine based on a base case process plant throughput of 2.5 Mt/y
• Feasibility study expected to be completed in Q1 2019, based on an expanded process plant throughput of 3 Mt/y, with allowance for a possible future staged expansion
• Encouraging exploration drilling results from A4 Dome support T3 expansion strategy to define additional sources of ore within the T3 Expansion Project that could enable future increases in production through the proposed T3 process plant
• MOD has completed the acquisition of AIM-listed Metal Tiger’s 30% interest in the T3 project, giving MOD a 100% in the project, with a 70/30 joint venture on a wider licence package

The T3 copper project forms part of the company’s wider licence position of more than 11,500 km2 of prospective copper and silver licences at various stages of exploration. In addition to T3, and potential satellite deposits as described above, priorities include the ~60 km long anomalous soil zone within the T20 exploration project (located 100 km from the T3 project) and the T7 exploration target (located approximately 80 km from T3).