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MOD Resources managing director Julian Hanna. Photo: Attila Csaszar

Mod up on drilling results

Shares in copper explorer MOD Resources closed higher on promising drill results at the company’s T3 copper operation in Botswana.

As part of a pre-feasibility study, Perth-based Mod undertook a resource infill drilling program, which resulted in a 75-metre down hole width intersection with multiple intervals of copper sulphides starting at 247 metres, about 35 metres below the T3 resource.

“To intersect another wide zone of mineralisation within a year of the initial recovery, confirms the potential to move this exciting project to a new level,” Mod managing director Julian Hanna said.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Share Transactions

04/03/17
$0 Other
21/02/17
$0 Bought
21/02/17
$92k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

269th↑MOD Resources$19k
295th↓MacPhersons Resources$42k
296th↑Hammer Metals$40k
299th↑Marindi Metals$38k
300th-Quest Minerals$38k
494 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from MOD Resources

904thJulian Hanna$160k
1107thMark Clements$108k
1471stSteve McGhee$53k
Ranked by total remuneration from all listed WA companies

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