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Totally_Wired 05 Jun 2019

RNS Metal Tiger plc Posting of Annual Report and Notice of AGM Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, announces that it has today posted its Annual Report and Accounts for the year ended 31 December 2018 to shareholders, together with the notice of Annual General Meeting (“AGM”). Further to the Company’s announcement of 31 May 2019, the Company confirms that its AGM will be held on Thursday 27 June 2019 (revised date) at the Oriental Club, Stratford House, Stratford Place, London WC1 1ES at 10.00am. [link]

Totally_Wired 31 May 2019

RNS Audited results for the year ended 31 December 2018 and Notice of Annual General Meeting Metal Tiger plc (LON: MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce its audited results for the year ended 31 December 2018. Highlights: Sale of the Group’s 30 per cent. interest in the T3 Copper Project in Botswana to MOD Resources Limited (“MOD”) for shares, options and royalty interests amounting to £16.8million, generating a profit of £12.5 million. Increased interest in the Kalahari Copper Belt through a £859,000 investment into Kalahari Metals Limited (“KML”) in exchange for a 34 per cent. interest in KML, with an option to increase its interest to 50 per cent. for a further US$500,000 which was exercised post the year end. In August 2018, successfully raised £6.1million, including £2.6million from the Sprott Group of Companies. Significant progress achieved in our joint ventures with our partners, MOD and KML, through exploration workflows around the Kalahari Copper Belt, leading to the identification of multiple potential high-grade exploration targets. Thai Government’s Minerals Management Master Plan completed in December 2018, giving clarity for forward planning for the Group’s interests in the Boh Yai lead-zinc-silver mine. Continued investment across both Direct Projects and Direct Equites, creating a balanced portfolio of opportunities with varied exposure to several strong management teams and commodity classes, with the potential for significant returns. The Group recorded a loss for 2018 of approximately £4.0million before tax despite the recorded gain on the sale of its interest in T3, partially due to the decline in the MOD share price between the recorded gain and the financial year end. Net asset value of the Company increased to £18,951,000 (2017: £15,443,000) equating to 1.40p per share on a fully diluted basis (2017: 1.33p per share). More via link: [link]

Totally_Wired 23 May 2019

RNS Metal Tiger’s Kalahari Metals To Start Ngami Copper Drilling In June from Alliance News | 23rd May 2019 10:47 Natural resources-focused investor Metal Tiger PLC said Thursday that Kalahari Metals Ltd will be able next month to begin diamond drilling at its Ngami copper project in Botswana. Metal Tiger currently holds a a 50% interest in Kalahari Metals. The planned start of drilling follows the approval of the environmental management plan for the project by the Botswanan Department of Environmental Affairs, as well as the gazetting of the plan. A drilling contract has been awarded to mining services firm OreZone Drilling, with mobilisation scheduled for the first week of June. The first phase of drilling has an initial 2,100 metres planned. It will test priority fold hinge targets at Ngami. Following this phase, the rig will be moved to Kalahari’s Okavango copper project, subject to approval of the environmental plan. “With phase 1 drilling to commence in early June on three initial targets constituting prospective structural and geochemical anomalies, we are looking forward to moving the project up the value curve,” said Metal Tiger Chief Executive Officer Michael McNeilly. “Intersecting the mineralised contact in these early stage exploration holes will provide support for the target generation methodology, which we believe will justify a more aggressive follow-on drill programme to fully evaluate the potential of each of the targets,” McNeilly added. Shares in Metal Tiger were up 1.1% at 1.16 pence on Thursday. [link]

Totally_Wired 09 May 2019

RNS 09 May 2019 Metal Tiger plc Appointment of joint broker Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, announces the appointment of Arden Partners plc as joint broker to the Company with immediate effect. [link]

Totally_Wired 07 May 2019

RNS 07 May 2019, 09:23Source - BUS Metal Tiger plc Botswana Copper/Silver Project – T3 Project & Regional Exploration Programme Plan Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update on planned exploration work for the licence areas held in joint venture (“JV”) with MOD Resources Limited (“MOD”) (30% Metal Tiger: 70% MOD) and for the 100% MOD held T3 Copper Project (“T3”), in the Kalahari Copper Belt, Botswana. The planned work programmes are part of a proposed wider growth strategy to add substantial value by systematically building mineral resources in potential T3 satellite deposits, with the aim of building a pipeline of satellite mines to leverage planned T3 infrastructure and provide increased and supplementary production throughput to the planned T3 Processing Plant. MOD and their advisers continue to advance a range of funding options towards a decision to mine T3, with interested parties. Planned high priority work targets include: T20 Exploration Project (JV held), staged reverse circulation (“RC”) drilling and diamond core (“DD”) drilling at T23 Dome, 100km west of T3. Follow-up drilling, nine RC and four DD holes, along 4km of T23 Dome, commencing early May 2019; T3 Expansion Project (JV held) A4 Prospect, on 5km long A4 Dome, located 8km from T3. Staged drilling, six RC and one DD holes, planned to build out from hole MO-A4-003D, which intersected 52m @ 1.5% Cu & 14g/t Ag from 232m, including 15.5m @ 2.9% Cu & 42g/t Ag from 269m (announced on 6 August 2018), with the aim of preliminary JORC Resource definition in second half of 2019. Numerous potential drilling targets identified within 25km radius of planned T3 Open-Pit Processing Plant, from geophysical and geochemical survey anomalies; and T3 Copper Project (100% MOD held) Resource drilling for T3 Underground Project (below planned open-pit). Initial 16 DD holes, followed by further infill drilling, planned for JORC Resource definition, with work expected to commence early June 2019. Further information on the planned work by target is detailed below. Michael McNeilly, Chief Executive Officer of Metal Tiger, commented: “We are pleased to report the JV strategy to seek to add further value at T3 and our wider holdings in the Kalahari Copper Belt in Botswana. It is anticipated that this will be achieved through the planned exploration work as we seek to discover new copper deposits as well as through the delineation of additional JORC Resources from known prospects which offer the potential to provide throughput to the planned T3 Open-Pit Processing Plant. We believe that further resource definition around the T3 project, as per today’s announced work programme, is an easy and low-risk opportunity to increase the value of Metal Tiger’s portfolio of assets in the Kalahari Copper Belt.” This announcement coincides with an update released today by MOD which can be viewed through the following link: [link] More via link below: when it arrives

Totally_Wired 29 Apr 2019

RNS Metal Tiger PLC Botswana Copper/Silver Project – T3 Infill Drilling Results 29 April 2019, 070 "Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update on the infill drilling results at the T3 Copper Project (“T3”), held 100% by MOD Resources Limited (“MOD”), in the Kalahari Copper Belt, Botswana. Since commencement of the infill drilling in January 2019, 49 of the planned 60 hole programme have now been completed, with the remaining 11 holes expected to be completed by the end of the first half of 2019. Assay results having now been received for a total of 36 holes, with the results for the first 11 holes having previously been announced on 12 March 2019. The assay results for the second batch of 25 holes, support the expectation that a significant portion of the Mineral Resources can be upgraded to Measured Category. It is expected that these results will allow a significant proportion of the current Resource, modelled within the first two stages of open pit production, to be upgraded into the higher confidence JORC (2012) compliant Measured Resource category. Subject to the necessary test work, results may also permit upgrading part of the current Probable Ore Reserve to the Proved Ore Reserve category." Michael McNeilly, Chief Executive Officer of Metal Tiger, commented: “We are pleased to report that the infill drilling at MOD’s T3 Project in Botswana continues to confirm both high grade copper and wide copper intersections within the planned T3 Open Pit in Botswana. The second batch of results continue to support the expectation that a significant portion of the Mineral Resource can be upgraded to the Measured Category, helping to further de-risk the attractive mining proposition.” This announcement coincides with an update released today by MOD which can be viewed through the following link: [link] More via link below:

Totally_Wired 25 Apr 2019

RNS Metal Tiger Plc Spain – Winter 2018/19 Work Programme Update & Drilling Results Metal Tiger (LON: MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update on the recent exploration activities of Logrosán Minerals Limited (“LML”) at its wholly owned Logrosán exploration project (“Logrosán” or the “Logrosán Project”) in Extremadura, Spain. The Logrosán Project is at an early exploration stage with confirmed gold and high grade tungsten targets. LML is a 50:50 joint venture (“JV”) between Metal Tiger and Mineral Exploration Network (Finland) Limited (“MEN Finland”). Exploration work to date at the Logrosán Project has delineated at least eight specific targets which warrant further investigation. With broad mineralised targets qualified at near surface depths by geochemistry, geophysics, trenching and rotary air blast (RAB) drilling, the 2018/19 winter drilling programme comprised 12 diamond drill holes for a total 2,283m drilled (the “Reconnaissance Drill Programme”), with the objective of determining the potential extent and tenor of mineralisation at depth. An initial four targets were selected for the Reconnaissance Drill Programme (two gold targets, one tungsten and gold target and one tungsten target). More via link: [link]

Totally_Wired 15 Apr 2019

RNS From earlier today: Metal Tiger plc Kalahari Metals Limited – Environmental Permitting Update Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that Kalahari Metals Limited (“KML”), in which Metal Tiger owns 50% of the issued share capital, has received notification that the Environmental Management Plan (“EMP”) for KML’s Okavango Copper Project (“OCP”) has been reviewed and approved by the Botswana Department of Environmental Affairs (“DEA”), 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 OCP. Competitive drilling tenders have been received and KML is confident drilling will take place shortly after completion of the public review. Michael McNeilly, Chief Executive Officer of Metal Tiger plc, commented: “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. 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.” Project Background KML holds interests in 12 highly prospective exploration licences covering a total area of 8,594km2 in the Kalahari Copper Belt, consisting of two 100% owned exploration licences, five exploration licences, subject to a binding earn-in agreement with Triprop Holdings (Pty) Limited, and five exploration licences subject to a conditional acquisition agreement with Resource Exploration and Development Ltd. Under an investment agreement, announced on 6 June 2018, Metal Tiger owns 50% of KML, providing Metal Tiger with further exposure to a largely unexplored area, adjacent to significant recent discoveries in the highly prospective Kalahari Copper Belt. Competent Person’s Statement The technical information contained in this disclosure has been read and approved by Mr Nick O’Reilly (MSc, DIC, MAusIMM, FGS), who is a qualified geologist and acts as the Competent Person under the AIM Rules - Note for Mining and Oil & Gas Companies. Mr O’Reilly is a Principal consultant working for Mining Analyst Consulting Ltd which has been retained by Metal Tiger PLC to provide technical support. [link]

Totally_Wired 10 Apr 2019

RNS Metal Tiger plc Kalahari Metals Limited – Acquisition of Kitlanya Ltd Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that Kalahari Metals Limited (“KML”), in which Metal Tiger owns 50% of the issued share capital, has entered into a binding agreement with Resource Exploration and Development Limited (“RED”), to purchase 100% of Kitlanya Ltd (“Kitlanya”) (together with KML, the “Parties”) (the “Acquisition”). Post completion of the Acquisition, Metal Tiger’s interest in KML will be diluted to approximately 43.9%. Kitlanya is a 100% subsidiary of RED and was previously subject to an Earn-in Agreement between the Parties (as announced on 30 November 2018). The Parties have now agreed to terminate the Earn-in Agreement and have executed a conditional Share Purchase Agreement on similar terms. KML has completed US$100,000 of exploration works on the licences held by Kitlanya and will acquire 100% of Kitlanya for US$700,000, satisfied by the issue of shares representing approximately 13.4% of KML as enlarged by the Acquisition. The transaction will value KML, post completion of the Acquisition, at US$5,200,000. The Kitlanya licences comprise five recently granted exploration licences and cover approximately 4,651km2 of well-located exploration tenure in the prospective Kalahari Copper Belt. The Acquisition will increase KML’s direct land position in the Kalahari Copper Belt to approximately 8,594km2. The Acquisition is conditional upon approval of the change of control of Kitlanya being granted by the authorities in Botswana and receipt of an updated letter of good standing for the licences. Further announcements will be made in due course. The five licences have been divided into two project areas, namely Kitlanya West (“KIT-W”) and Kitlanya East (“KIT-E”): • KIT-E is notable for its thin Kalahari Group cover and proximity to known deposits such as MOD Resources’ T3 deposit. Targets include prospective anticlinal hinge zones identified from re- interpretation of historical magnetic data and drilling combined with recently collected airborne electromagnetic data (“AEM”) and soil samples • KIT-W is situated adjacent to KML’s Ngami Copper Project in proximity to the basin margin. Re-processing and inversion of historical AEM data has identified three prominent conductive ‘dome’ targets for follow-up work • Applications for environmental permits have been submitted to the Botswana Department of Environmental Affairs for both KIT-W and KIT-E, with a view to drill testing targets in the latter part of the 2019 field season Metal Tiger intends to provide further funding to KML to support its drilling in Q2 2019 and further announcements will be made as and when appropriate. Michael McNeilly, Chief Executive Officer of Metal Tiger, commented: “We are delighted that KML has reached an agreement to acquire Kitlanya, which will consolidate its highly prospective exploration interests in the Kalahari Copper Belt.We intend to demonstrate our continued support for KML and its activities in Botswana through the provision of further funding in due course.” Project Background KML holds interests in 12 highly prospective exploration licences covering a total area of 8,724km2 in the Kalahari Copper Belt, consisting of two 100% owned exploration licences, five exploration licences, subject to a binding earn-in agreement with Triprop Holdings (Pty) Limited, and five exploration licences subject to a conditional Acquisition agreement with RED. Under an investment agreement, announced on 6 June 2018, Metal Tiger owns 50% of KML, providing Metal Tiger with further exposure to a largely unexplored area, adjacent to significant recent discoveries in the highly prospective Kalahari Copper Belt. [link]

Totally_Wired 04 Apr 2019

RNS Metal Tiger plc Pan Asia Metals – Commencement of Drilling Programme at Reung Kiet Lithium Project Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce the commencement of drilling at Pan Asia Metals Limited’s (“PAM”) wholly owned Reung Kiet Lithium Project (“RKLP”) in Phang Nga Province, Thailand. Metal Tiger holds a 13.6 per cent. interest in PAM. The RKLP includes a historical pegmatite tin mine, where weathered pegmatite was mined until the limit of weathering, where the ground became too hard, reaching a depth of approximately 30m. The resulting historical pit measures around 450m long by 140m at its widest point, with the pegmatite body around 20m wide in the pit bottom. Previous investigations, conducted jointly by the Thai/British Geological Survey in the 1960s, have shown the pegmatite to be lithium bearing, with lepidolite mica thought to be evenly distributed throughout the pegmatite. The drill programme has commenced with initial confirmatory drill holes orientated to intersect the lepidolite pegmatite at around 20-30m below the historical pit floor. Depending on findings, it is intended that deeper drilling will then follow. Michael McNeilly, Chief Executive Officer of Metal Tiger commented: “We strongly believe that the Reung Kiet Lithium Project has unique characteristics, with potentially one of the largest suites of lepidolite pegmatites in its global peer group. Through PAM’s drilling programme, we hope to realise the potential of the project and we look forward to updating shareholders as progress continues.” More via link: [link]

Totally_Wired 03 Apr 2019

RNS 3 April 2019 Metal Tiger plc Kalahari Metals Limited - Environmental Permitting Update Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that Kalahari Metals Limited (“KML”), in which Metal Tiger owns 50% of the issued share capital, has received notification that the Environmental Management Plan (“EMP”) for KML’s Ngami Copper Project (“NCP”) has been reviewed and approved by the Botswana Department of Environmental Affairs (“DEA”), 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 three compelling targets within the NCP. Competitive drilling tenders have been received and KML is confident drilling will take place shortly after completion of the public review. In addition, the EMP for KML’s Okavango Copper Project (“OCP”) has been resubmitted with clarifications following feedback from the DEA. KML views this as a significant step forwards, as KML went through the same clarificatory process with the DEA, prior to the approval of the EMP for NCP. The EMPs for both the Kitlanya East and Kitlanya West projects have also been submitted to the DEA, following the identification of high priority new targets for investigation in both areas, as announced 7 March 2019. Michael McNeilly, Chief Executive Officer of Metal Tiger plc, commented: “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. The KML portfolio now includes a number of exciting geophysical and structural targets, which warrant further investigation by drilling. The anticipated drilling approvals for the Ngami Copper Project will commence an exciting new chapter for the Company and our shareholders, and we look forward to providing further updates in due course.” More via link: [link]

Totally_Wired 28 Mar 2019

RNS Metal Tiger PLC Botswana Copper/Silver Project – T3 Feasibility Study Confirms High-Margin, Low-Capital Open Pit Copper Mine Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide the Feasibility Study (“FS”) results for the T3 Copper Project (“T3”), held 100% by MOD Resources Limited (“MOD”), in the Kalahari Copper Belt, Botswana following MOD’s announcement earlier today. Metal Tiger currently holds approximately 10.48% of the issued share capital of MOD. Key T3 Copper Project Feasibility Study Findings Strong Project Economics Estimated LOM revenue of US$2.3 billion and EBITDA of US$1.1 billion. NPV (pre-tax) of US$368m with IRR of 33% using long term US$3.08/lb Cu and 8% real discount rate. Pre-tax free cashflows of US$777m, inclusive of development capital. Payback 3.7 years from production start. LOM All-In Sustaining Costs (AISC) of US$1.56/lb Cu after deducting silver credits. T3 Funding Options Expressions of Interest from numerous global, top-tier debt institutions, many have commenced preliminary due diligence and completed site visits. MOD is advancing discussions with a number of potential strategic parties for non-debt funding. Competitive Capital Intensity Development capital of US$182m includes mine development, process plant and infrastructure. Robust Project Parameters Ore Reserve containing 342.7kt Cu and 14.6Moz Ag in the Probable category. 11.5-year mine life targeting first production Q1 2021. Average open pit mine grade of 1.0% Cu and 13.2g/t Ag. LOM average annual production of 28kt (61mlb) Cu in concentrate and 1.1Moz Ag Averaging over 30kt (66mlb) Cu in the first 7 years of full production following ramp-up (2022 to 2028). High Grade Concentrate Production Average Cu concentrate grade 30.4% and 383g/t Ag, strong interest from metal traders and smelters. Michael McNeilly, Chief Executive Officer of Metal Tiger, commented: “We are delighted to report on the findings of the MOD Feasibility Study for the T3 Open Pit mine project in Botswana. The study demonstrates the strong project economics and a clear case towards project development with a relatively straightforward open pit mine and processing plant design. We commend MOD and the feasibility team for delivering the study to an aggressive schedule and we look forward to supporting them as they progress the project forward towards a decision to mine. The Feasibility Study findings continue to support the exploration of the surrounding joint venture holdings with the mine and plant design having built in optionality for bringing in new satellite deposits.” This announcement coincides with MOD’s announcement earlier today which contains supportive images and can be viewed through the following link: [link] [link]

Totally_Wired 25 Mar 2019

RNS 25 March 2019 Metal Tiger PLC Botswana Copper/Silver Project - T3 Open Pit Reserve Increased to 34.4Mt Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update on the substantial Ore Reserve upgrade for the T3 Copper Project (“T3”), held 100% by MOD Resources Limited (“MOD”), in the Kalahari Copper Belt, Botswana following MOD’s announcement earlier today. Metal Tiger currently holds approximately 10.48% of the issued share capital of MOD. Highlights · T3 open pit Ore Reserve increased to 34.4Mt at 1.0% Cu and 13.2 g/t Ag (JORC 2012 compliant). · Ore Reserve contains 342.7Kt (approximately 756Mlbs) of copper and 14.6 Moz of silver. Ore Reserves were calculated using US$2.91/lb copper and US$16.81/oz silver price and average drill hole spacing of 50m. o 61% increase in total tonnage compared with the Pre-Feasibility Study, announced January 2018. o 57% increase in contained copper and 107% increase in contained silver. · Open pit mine design in six stages, with 3Mtpa conventional processing plant, provides a life of mine (“LOM”) over 11 years, with a LOM stripping ratio of 5.7:1. · T3 Feasibility Study (“FS”) on track for completion at end of March 2019. · Infill drilling within the boundaries of the first two stages of the proposed T3 Copper Project open pit is currently ongoing. The 60-hole programme has the objective of upgrading early production into the higher confidence, JORC compliant Measured Resource category. Assay results for the first 11 infill holes were announced 12 March 2019. "We are very pleased to report the significant JORC Compliant Ore Reserve upgrade for MOD’s proposed T3 Open Pit mine project in Botswana. The upgrade constitutes a 61% increase in total tonnage compared with the Pre-Feasibility Study, with a corresponding 342.7Kt of copper and 14.6 Moz of silver, that should positively impact on the already strong project economics. We look forward to the findings of the T3 Feasibility Study which is expected to complete before the end of this month." T3 Open Pit Ore Reserve The Ore Reserve estimate (JORC 2102 compliant) uses modifying factors presented in the draft FS which is on schedule for completion by the end of March 2019. The FS team consists of independent external consultants and experienced MOD employees and contractors. The components of the FS yet to be completed are not considered to have a material impact on the Ore Reserve upgrade. All modifying factors used for the Ore Reserve are within the tolerances expected for a FS. More via link below: [link]

Totally_Wired 12 Mar 2019

RNS TR-1: Standard form for notification of major holdings Sprott have reduced their holding from 13.65% to 12.94% [link]

Totally_Wired 12 Mar 2019

RNS Metal Tiger PLC Botswana Copper/Silver Project – T3 Infill Drilling Results Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update on the infill drilling results at the T3 Copper Project (“T3”), held 100% by MOD Resources Limited (“MOD”), in the Kalahari Copper Belt, Botswana. Metal Tiger currently holds approximately 10.48% of the issued share capital of MOD. T3 Infill Drilling Highlights -An approximate 60 hole infill drilling programme commenced at T3 during January 2019. Infill drilling is within the boundaries of the first two stages of the proposed T3 open pit, with the objective of upgrading early production into the higher confidence, JORC compliant Measured Resource category. -To date 25 holes have been completed utilising up to three drill rigs, with assay results being received for 11 holes. -Remaining 35 infill drill holes are expected to be completed by the end of the first half of 2019. It is anticipated that the infill drilling programme will be completed after both the proposed T3 open pit Ore Reserve and the Feasibility Study, both of which remain on track for completion by the end of March 2019. -Significant infill results include: Hole MO-G-188D 31.50m @ 2.0% Cu and 36g/t Ag from 86m, including 10.0m @ 4.7% Cu & 98g/t Ag from 105m Hole MO-G-191D 47.0m @ 0.9% Cu and 7g/t Ag from 89m, including 15.3m @ 1.6% Cu & 15g/t Ag from 104m Hole MO-G-192D 13.7m @ 1.6% Cu and 6g/t Ag from 53m 33.0m @ 2.0% Cu and 14g/t Ag from 88m, including 16.0m @ 3.3% Cu & 36g/t Ag from 99m Hole MO-G-193D 17.7m @ 1.4% Cu and 21g/t Ag from 98m, including 6.5m @ 2.5% Cu & 36g/t Ag from 108m Hole MO-G-197D 22.0m @ 1.1% Cu and 10g/t Ag from 95m Michael McNeilly, Chief Executive Officer of Metal Tiger, commented: “We are pleased to report the significant infill drilling intersections from MOD’s T3 project in Botswana. The infill drilling programme is expected to allow a significant portion of the Mineral Resource to be categorised as Measured, with these initial results also providing the prospect of increasing the current open pit Resource. Standout downhole intersections include 31.5 metres at 2% copper from 86 metres, including 10 metres at 4.7% copper from 105 metres, in hole MO-G-188D. Based on MOD’s current projections the T3 feasibility study is expected to be completed by the end of March 2019, with the infill programme completing mid-year.” More via link below: [link]

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