Metal Tiger's mission is to deliver a high return for shareholders by investing in significantly undervalued and/or highly prospective opportunities in the mineral exploration and development sector timed to coincide where possible, with a cyclical recovery in the exploration and mining markets.

NEWS
MTR Website & All The NEWS
Asset Trading Page

12th Mar 2018 Additional Investment into MOD Resources Limited
01st Mar 2018 Directorate change
27th Feb 2018 Investment in Connemara
22nd Nov 2017 Submission of Members Statement to Kingsgate
24th Aug 2017 Botswana Copper/Silver Project – T3 Mineral Resource Estimate Upgraded

VIDEO/AUDIO/PRESENTATIONS



EVENTS
21st Apr 2018 UK Investor Show 21st April 2018


SOCIAL MEDIA
twitter-MTR
twitter-MOD Resources Ltd

***Link To Historic Data***

Securities in Issue

Metal Tiger plc's shares are traded on the London Stock Exchange AIM (LON: MTR). To see share price and latest trades click here
609,381,541 ordinary shares of 0.01p each.
No securities are held as treasury shares.

16.97% of Metal Tiger plc shares are not held in public hands. There are no restrictions on the transfer of shares.

Significant Shareholders

As at 7th September 2016 the following shareholders were, as far as the Directors are aware, interested in 3% or more of the issued share capital of the Company.

                      Name                                  Number of ordinary shares            % of issued share capital
Terry Grammer                                                  38,150,667                                        6.26%
Charles Hall                                                       22,858,406                                        3.75%
South East Asia Mining Corp                                22,599,000                                        3.71%
Blackstar Gold Pty Ltd *                                    19,880,000                                        3.26%

(based on latest declared holding to the company as a proportion of issued share capital at 07.09.16)
* Note: Terry Grammer, director of Metal Tiger, is also a director of Black Star Gold Pty Ltd.

Directors' Shareholdings

Terry Grammer (Non-Executive Chairman)(*)       38,150,667                                         6.26%
Paul Johnson (CEO)                                              9,600,000                                         1.56%
Alex Borrelli (CFO, Non-Executive Director)            5,400,000                                          0.89%

Note Terry Grammer is also a Director of Blackstar Gold Pty Ltd which has an interest in 19,880,000 Metal Tiger plc shares.

Management Performance Options


Director                                             Number of Management Options Awarded & Unexercised


Paul Johnson                                                  7,500,000 1.7p (08.02.19)

                                                                     3,330,000 1.75p (02.07.18)

                                                                     5,000,000 2p (02.07.18)

Alex Borrelli                                                    1,170,000 1p (10.07.17)

                                                                     1,670,000 2p (02.07.18)

Terry Grammer*                                              3,330,000 2p (02.07.18)

(*) Note Terry Grammer is also a Director of Blackstar Gold Pty Ltd which has an interest in 19,880,000 Metal Tiger plc shares.

Note: Additional Management options were approved at the General Meeting on 31st May 2016.

http://www.metaltigerplc.com/index.php/investors/securities-in-issue

12 September 2016
Metal Tiger Plc

Memorandum of Understanding Signed with Saudi Group

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce that it has signed a Memorandum of Understanding (MOU) with Al-Sharif Group (ASG) based in the Kingdom of Saudi Arabia (Saudi Arabia) to explore mining and related financing opportunities globally, in the Gulf Cooperation Council (GCC) region and also Saudi Arabia.

Key points of MOU:

• MTR and ASG to explore project level joint venture and/or co-investment opportunities with MTR both regionally and internationally;

• ASG and MTR to consider access to capital from the GCC region for mining related opportunities;

• MTR to support ASG in developing its base of contacts and access to relevant quality expertise in the mining sector;

• ASG to introduce attractive mining opportunities in Saudi Arabia, the GCC region and possibly globally through its local and extended network of contacts;

• ASG to work with MTR to enhance awareness in the GCC region and in particular Saudi Arabia of investment opportunities in mining; and

• MTR and ASG to discuss the viability of a UK listed investing/operating company focussed on mining opportunities globally but with a focus on Saudi opportunities.

Paul Johnson the Chief Executive Officer of Metal Tiger commented: We are very pleased to announce this MOU with ASG which provides a portal for Metal Tiger to access capital and new opportunities in Saudi Arabia, the GCC and globally.

The enthusiasm demonstrated by ASG to develop its interests in mining activities is very clear to us and we welcome this collaboration with them that we trust will yield tremendous mining finance and project opportunities for both parties.

Members of Metal Tiger senior management will be visiting Saudi Arabia in the near term to advance this partnership and the parties will also be engaging in London in due course.

Further information will be provided in respect of this MOU and the activities undertaken at the earliest opportunity.

Al-Sharif Group Background Information

ASG is a leader in Saudi Arabia in providing energy through distribution and transmission and has an established presence in Saudi Arabia, with over 1,400 employees, 35 years of experience and having completed 73 projects for over 3,500 KM of transmission lines across Saudi Arabia. ASGs divisions include Civil Works, Power Generation, Over Head Transmission Lines, Under Ground Cabling and Substations Testing. ASG also has an investment & real estate management division. ASG have completed projects for the Kuwait Ministry of Electricity, Saudi National Guard, Saudi Royal Commission, Saudi Arabian Airlines, Saudi Ministry of Education, Saudi Electricity Company amongst others.

http://www.moneyam.com/action/news/showArticle?id=5412720

Metal Tiger partners up with Saudi group for worldwide investment opportunities
07:36 12 Sep 2016

Metal Tiger has teamed up with Saudi conglomerate Al-Sharif to source mining investment opportunities in the Middle East and worldwide



Metal Tiger PLC (LON:MTL) is going into business in Saudi Arabia. The prolific mining investment company, which already has exposure across Africa, Europe, Australia and Asia, has teamed up with the Al-Sharif Group, a conglomerate primarily focussed on the generation and transmission of electricity,

But Al-Sharif also has other interests, including in real estate, and the plan now is to broaden its investment base into mining.

The idea, according to Metal Tiger, is to “explore mining and related financing opportunities globally, in the Gulf Cooperation Council (GCC) region, and in Saudi Arabia specifically.

In one sense, it looks as though Metal Tiger has found itself a powerful new backer for its own ideas.

But in another sense, Metal Tiger may now be poised to become one of only a handful of companies successfully to crack the Saudi mining scene.

KEFI Minerals (LON:KEFI) has shown that success in Saudi is possible, when combined with significant patience. As a country, Saudi Arabia is highly prospective for gold and base metals but remains significantly underexplored as the emphasis has hitherto been on oil.

But with the oil price weakening, the power of OPEC diminished, and US shale now coming to the fore, the Saudis are becoming increasingly keen to diversify their economy.

Metal Tiger looks to be the ideal partner for Al-Sharif: it’s hungry, it has experience, its agile, and it’s of a size and scale that’s unlikely to get in the way of the Saudi company’s own larger agenda.

Under the terms of the memorandum of understanding signed between the two companies, Al Sharif has undertaken to help Metal Tiger access capital from the Gulf Cooperation Counci region and to explore project-level joint venture and co-investment opportunities.

There is also talk of creating an independent, London-listed UK vehicle which will contain the joint venture projects and/or investments that the two partners come up with.

That would be an intriguing proposition, because although Metal Tiger has emerged as an active and influential investor in several vehicles that are already listed in London, including Eurasia Mining plc (LON:EUA) and Greatland Gold PLC (LON:GGP) to date it has not listed any of its own vehicles or indeed spun out any of its investments.

In particular, Metal Tiger has significant exploration and development operations in Thailand and Spain which are subject to a reasonable amount of independence of manoeuvre.

The Saudi partnership has big money behind it so it will be a good test run, but given this statement of intent it would not now be surprising in the future to see other new Metal Tiger spin-outs hitting the market too.

“The enthusiasm demonstrated by ASG to develop its interests in mining activities is very clear to us and we welcome this collaboration with them that we trust will yield tremendous mining finance and project opportunities for both parties,” said Metal Tiger chief Paul Johnson, following the news.

Alastair Ford

From " noodle_26 " comment today that does not make good reading .............

Today 21:50
Its very refreshing to see someone discuss something with someone who has well not polar views, (I am sure they were aligned at one point) but differing views. You could easily not speak to me, probably deservedly but I really do feel strongly about the points that I have mentioned and if you believe something isnt right you have to act, I have brushed issues that rung alarm bells before under the table before and have been stung.

MTR may do very well, but the point to me and this is the big point is that I now do not trust the CEO at all, Terry Grammer yes 100%, he does what he does and the share price follows, no engineering needed.

That to me is a right pain in the ass, polar opposite people that you would hope strengthens a team. To me it has fukced it right up, TG works in the background like the many professionals out there but it is PJ that takes all the lime light like a chimp on acid and that is why the wrong side of MTR is in your face.

Seriously I think he should not be the CEO, he has given the company a bad image, I find him unprofessional and immersed himself in personal deals that stink to high heaven and as a result has removed focus from the likes of Botswana. He has proved out of his depth, dont get me wrong he is a good public speaker but he comes across as a double glazing salesman.

I have a question for you. After the first discoveries at T3 were announced, later if MTR didnt invest in the likes of GGP, RRR, Opra, Thor, CGNR, KGLD etc basically did no deals, where do you think the share price and cash in the bank would be and importantly investor confidence? Remember they had to do a placing to pay for Thailand because the trading side was unable to provide the funds (which is what it was there for in the first place).

I remember the quote "If you want to be a £250M company you have to act like one". Momentous events, fit birds, best CEO awards and flashing lights like a disco!, twitter rampings, telling people to close shorts etc etc. Cmon!

I must disagree with one point you make. "I view them as a potential cash cow. If that comes off, then great. If not, not a huge loss to worry about." I dont see it that way, I see them as a liability especially if the market turns against them, if it doesnt ok fair enough but the signs I am seeing is its a bit of a knife edge. I am not talking about the real projects mind obviously MOD, Ariana, Kibo etc I am talking about the ones with no cash, proven poor management and require a shed load to do anything constructive. We have already had to raise cash just to keep those positions open no matter how they what spin they put on the raising.

One thing I would say is that Daisanputs everything across far less confrontational and balanced than what I do and maybe he should be listened to rather than me!! I am just furious in the image the CEO has created the last 6 months!

Another note ever thought of looking at the Li

mentor, noodle is too emotionally involved with a big chip on his/her shoulder regarding MTR and more specifically Paul Johnson the CEO.

Metal Tiger ‏@metaltigerplc · 4 minutes ago


Mr Heddle @gervaiseheddle



Thailand Mine Visit!

banjo

your pictures are too large and spoiling the thread

--

Cheers mentor, will sort later.

Metal Tiger ‏@metaltigerplc 15 minutes ago

Investors at the new office - looking forward to welcoming more investors soon!

19 September 2016
Metal Tiger Plc

Botswana On Track for T3 Maiden Resource

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update with regard to the exploration programme at the Companys Joint Venture (JV) project with partners MOD Resources (ASX:MOD) in the Kalahari Copper Belt in Botswana (70% MOD Resources / 30% Metal Tiger).

Technical highlights in respect of progress on the Target 3 (T3) Prospect, Phase 1 Resource Diamond Drilling Programme (the Resource Programme) are provided below.

Paul Johnson Chief Executive Officer of Metal Tiger commented:

Whilst the maiden mineral resource estimate remains on schedule to be completed by the end of this month, preliminary grade contouring of the assay data shows a high-grade core extends over 500m in the southern-central part of the resource area. Further encouragement is provided by the most recent deep drilling results, outlined below, which confirm the copper mineralisation remains open down-dip to the north, as well as to the east of the current resource drilling.

As we progress to infill drilling on the high-grade core of the deposit, and make good progress with the T3 scoping study, we are pleased to note the interest shown by the Botswana Department of Mines who recently conducted a site visit and reviewed the joint ventures exploration and development appraisal plans.

Highlights:
• Assay results from the three deep holes (MO-G-49D to MO-G-51D) at the northern boundary of the T3 Resource Area have confirmed significant copper and silver intersections, including 23m @ 1.2% Cu and 22g/t Ag in MO-G-49D and 10m @ 1.7% Cu and 21g/t Ag in MO-G-51D.

• The deep intersections effectively extend the boundary of the potential T3 resource envelope 100m further north and also confirm that the mineralisation remains open down dip to the north, as well as to the east of current drilling. Further drilling is planned to test the potential for high-grade vein hosted mineralisation down dip from these intersections.

• The independent resource consultant in South Africa has all available assay data and is on track to complete the maiden Mineral Resource Estimate for T3 by the end of September.

• Infill drilling of the higher-grade core of the deposit has commenced on 100m by 50m spacing, the first two holes of this infill programme, MO-G-52D and MO-G-53D, have completed to over 194m and have both intersected significant copper mineralisation. The assay results are awaited.

• Key results for latest down-hole intersections include:

• Hole MO-G-44D
• 23.9m @ 1.0% Cu & 5g/t Ag from 33.1m
• 16.0m @ 0.6% Cu & 7g/t Ag from 62.0m

• Hole MO-G-49D
• 9.6m @ 1.1% Cu & 4g/t Ag from 205.5m
• 23.0m @ 1.2% Cu & 22g/t Ag from 275.0m

• Hole MO-G-50D
• 6.0m @ 1.4% Cu & 8g/t Ag from 214.0m
• 8.0m@ 0.8% Cu & 19g/t Ag from 253.0m

• Hole MO-G-51D
• 10.0m @ 1.7% Cu & 21g/t Ag from 210.0m
• 18.2m@ 0.6% Cu & 11g/t Ag from 241.0m

A further four drill holes (MO-G-45D to MO-G-48D) on the southern, up-dip, edge of the Phase 1 resource area did not intersect significant widths of copper or silver mineralisation. Assay results for holes MO-G-40D to MO-G-43D are currently awaited.

All holes were designed to intersect the northerly dipping mineralisation, and are orientated with an azimuth of 160deg and dip of 60deg. MO-G-44D reached a down hole depth of 92m, MO-G-45D reached 116m, MO-G-46D reached 92m, MO-G-47D reached 92m, MO-G-48D reached 80m, MO-G-49D reached 302m, MO-G-50D reached 266m and MO-G-51D reached 274m.

Holes MO-G-44D to MO-G-48D are located on the same E-W profile at 100m spacing, on the southern edge of the resource area. Holes MO-G-49D, MO-G-50D and MO-G-51D are located on the northern edge of the resource area at 100m spacing. A table of the drill collar locations will be provided in a separate MOD release. The remaining assay results will be released as they become available following geological interpretation.

Resource Programme Status & Planned Work

Whilst the resource estimate is scheduled to be completed at the end of September, preliminary contouring of the available assays has been undertaken to highlight trends in the T3 mineralisation.

Plotting copper equivalent (CuEq) intersections for each hole, a function of copper and silver value and intersection width (metre/%), has shown that a high-grade core extends >500m in the southern-central part of the resource area.

Once the T3 Resource is finalised, IP geophysics will be conducted along strike and down-dip from T3, whilst drilling will focus on testing the existing copper/zinc anomalies in the vicinity of the T3 deposit.

Further drilling is also planned to commence at the T2 West and T2 East prospects (20km north of the T3 Resource Drilling area), once the recent reverse circulation drilling and soil assay results have been interpreted.

T3 Scoping Study Update

The T3 scoping study is progressing to plan with the aim of being completed before the end of December, so that a decision on progressing to a pre-feasibility study can be made early in the New Year.

Indicative cost estimates for open-pit mining and plant are currently being provided, by mining consultants and design/construct firms, to feed into the T3 scoping study. Preliminary environmental and social impact studies have also commenced. The final metallurgical testwork results are expected soon.

T3 Resource Programme Summary

The Phase 1 Resource Estimate work at T3 is concentrating on a 1,000m strike length of the T3 deposit, delineating the upper (UZ) and lower (LZ) copper/silver mineralisation, between circa 60m vertical depth to 200m depth. The majority of the 51 resource drill holes were drilled on a 100m grid spacing, perpendicular to the mineralisation host sequence dip, therefore the mineralisation intersections are interpreted to be near to true width.

Location

The T3 Prospect is located on the Kalahari Copper Belt in northern Botswana and is part of the MOD/MTR joint venture Botswana Copper/Silver Project. T3 is located approximately 70km NE of the projects Tshimologo (T4) Prospect and is located parallel to the same structural trend known as the Mahumo Structural Corridor, that hosts MODs Mahumo Project (circa 20km NE of T3) and Cupric Capitals Banana Zone Deposit (60km NE) and Zone 5 Project (120km NE).

The Resource work is conducted in line with the JORC 2012 Code and is reviewed by MODs Competent Person, Mr Jacques Janse van Rensburg, BSc (Hons), General Manager Exploration (Africa).

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 who meets the criteria of a qualified person under the AIM Rules - Note for Mining and Oil & Gas Companies. Mr O'Reilly has visited the T3 site and reviewed MODs drilling and sampling protocols and procedures. Mr O'Reilly is a consultant working for Mining Analyst Consulting Ltd which has been retained by Metal Tiger PLC to provide technical support.

http://www.moneyam.com/action/news/showArticle?id=5417378

Metal Tiger Plc

ADDITIONAL INVESTMENT GREATLAND GOLD

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce an additional investment in Greatland Gold plc (Greatland Gold)(AIM:GGP).

Metal Tiger today purchased a further 6 million shares in Greatland Gold at 0.174p per share and increased its shareholding to 156 million shares, representing 9.56% of Greatland Golds issued share capital.

Paul Johnson, Chief Executive Officer of Metal Tiger commented Metal Tiger has noted the decline in share price of Greatland Gold and reflecting what we consider to be an oversold sithttp://www.moneyam.com/action/news/showArticle?id=5419150uation have increased our position accordingly.

We consider Greatland Gold to have multiple opportunities for considerable value generation for shareholders both in respect of existing projects and any new ventures with which the company may seek to engage.

The recent decline in share price represents for us a buying opportunity. We intend to capitalise on market price reactions of this nature, enabling us to build positions in undervalued resource companies when the market chooses to offer lower entry prices.

Greatland Gold plc reported an audited loss of £1,168,716 for the year ended 30.06.15 and unaudited net assets of £705,068 at 31.12.15.

MiningMaven Podcast No 46 with Paul Johnson CEO of Metal Tiger #MTR #MOD + Market Sentiment!

Our guest on todays podcast is Paul Johnson CEO of Metal Tiger (LON:MTR) and we cover all the latest news and developments from the Company as well as updates from MOD Resources (ASX:MOD) on Botswana drilling.

We then move on to discuss the current market climate and sentiment with resource stocks. As expected Paul give us his views on the drivers for this and as expected he is not backward in coming forward!

We hope you enjoy listening!

Metal Tiger will be presenting at the MiningMaven Investor Evening on Thursday 22nd September alongside Thor Mining (LON:THR) and W Resources (LON:WRES).

All opinions expressed are those of MiningMaven and the respective guests, unless otherwise stated and should not be construed as investment advise or a recommendation to buy shares in any featured Company.

https://audioboom.com/boos/5076522-miningmaven-podcast-no-46-with-paul-johnson-ceo-of-metal-tiger-mtr-mod-market-sentiment

22nd Sep 'Opportunities in Tungsten + Gold'-UK

Metal Tiger Plc

Botswana T3 Resource Generation Update

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to advise that MOD Resources (ASX:MOD) the Companys Joint Venture partner in Botswana has entered into a trading halt on the ASX until 26 September 2016 pending the release of the maiden JORC compliant resource for the T3 target in the Kalahari Copper Belt.

The trading halt temporarily suspends trading in the shares of MOD resources whilst the company processes price sensitive news and prepares relevant market announcements, in this case in respect of the T3 JORC compliant maiden resource. Following release of the price sensitive news, MOD resources will resume trading on the ASX.

The shares of Metal Tiger will however continue to trade on the AIM market in London and the Board of the Company look forward to releasing details of the T3 maiden resource statement very shortly.

http://www.moneyam.com/action/news/showArticle?id=5419413

Metal Tiger shares up as it increases stake in Greatland Gold
12:04 22 Sep 2016

Earlier this week, Greatland reported anomalous levels of metal typical of a polymetallic VMS-type system at its Bromus project



Shares in resource investor Metal Tiger PLC (LON:MTL) added over 8% as it increased its holding in Australia-focused Greatland Gold plc (LON:GGP).

Metal now holds 9.56% of Greatland's capital, having bought a further 6mln shares at 0.174p.

Earlier this week, Greatland reported anomalous levels of metal typical of a polymetallic VMS-type system at its Bromus project in Western Australia.

Notable grades of silver, zinc, cadmium and sulphur were unearthed with low level nickel intercepts as well.

Metal's chief executive Paul Johnson said today: "Metal Tiger has noted the decline in the share price of Greatland Gold and reflecting what we consider to be an oversold situation have increased our position accordingly.

"We consider Greatland Gold to have multiple opportunities for considerable value generation for shareholders both in respect of existing projects and any new ventures with which the company may seek to engage."

Separately, it said that its partner in Botswana MOD Resources (ASX:MOD) entered a trading halt on the Australian stock exchange, pending the release of a maiden JORC resource for the T3 target in the Kalahari copper belt.

Giles Gwinnett

16:32

Metal Tiger Plc
22 September 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")
 
 
Updated Spanish Presentation and Investor Evening 
 
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to advise that an updated presentation focused on its Direct Project in Spain has been uploaded to the Metal Tiger website. A copy of the presentation can be found at the following link:

http://www.metaltigerplc.com/index.php/investors/company-presentation/download?path=22.9.16%2BMTR%2BSPAIN%2BTUNGSTEN%2BAND%2BGOLD%2BMP%2B1.PDF
 
Metal Tiger will be presenting the above presentation this evening at the UK Investor Forums and Mining Maven Investor Evening: Opportunities in Tungsten + Gold alongside Thor Mining and W Resources at The Cote Brasserie, 26 Ludgate Hill, St Pauls, London EC4M 7DR.
Details of the event can be found on the link below:

http://www.eventbrite.co.uk/e/opportunities-in-tungsten-gold-thor-mining-w-resources-metal-tiger-registration-26698979366?utm-medium=discovery&utm-campaign=social&utm-content=attendeeshare&aff=escb&utm-source=cp&utm-term=eventcard

http://www.moneyam.com/action/news/showArticle?id=5419852

Metal Tiger Plc

Thailand Permitting Progress Update

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce positive developments in respect of permitting applications being submitted by our Joint Venture partner, Metal Tiger Thailand (MTT) and in respect of the national exploration programme currently underway.

Highlights:

Experienced permitting team now established in Bangkok office;
Commencement of mine permitting process officially underway;
Positive advancement in Exploration Department of Special Prospecting Licence Applications in multiple provinces; and
Subject to granting of Special Prospecting Licenses Thai geological team gearing up to commence exploration work in respect of existing and new licence areas.

Paul Johnson, Chief Executive Officer of Metal Tiger commented Metal Tiger was pleased to announce during August the commercial agreement in respect of the Boh Yai and Song Toh silver-lead-zinc mines. This agreement marked a major step forward for the Company and its Joint Venture partners in the plan to commence the permitting process for mining lease applications for the 43-101 Compliant Resource of 4,851,000 tonnes and thereafter mine and existing processing plant refurbishment leading to commercial production.

In addition to the latter mines Metal Tiger has exposure to a proactive national exploration programme in Thailand which is making major progress pursuing existing interests and identifying new opportunities.

This announcement provides details of latest developments in this national programme, but is only a small part of the forward news flow we anticipate from Thailand exploration work in the remainder of 2016. Further updates will therefore by definition follow.

Metal Tiger is privileged to be investing in Thailand, a country which offers tremendous geological opportunity. The Thai Joint Venture office is recruiting more Thai professional and administration staff whose energy, dynamism and commitment is invigorating. We are helping to build an ambitious Thai business that has been initially financed through London, but where we anticipate Asian finance will increasingly play a part in financing local activities.

PERMITTING INFORMATION

Chanthaburi Province:

MTT have completed work with the Chanthaburi Provincial Industrial Office to complete the provincial process for Special Prospecting License Application (SPLA) 1/2559.
The Application has now been moved into final approval stages and is under review by the Department of Primary Industry and Mines (DPIM) Sub-Committee.
MTT will continue to liaise with DPIM Bangkok with a view to granting of the Application license.

Prachinburi Province:

The exploration plan and budget for SPLA 1-3/2559 in Prachinburi has been revised and re-submitted to the DPIM Regional Technical Centre and both documents have now been approved. All required documents for the Application have now been completed and the Prachinburi Industrial Office recently proposed the SPLAs to the Provincial Governor for consideration prior to forwarding to the DPIM in Bangkok and the final stages of approval.
MTT will continue its work and liaison the Provincial Industrial Office and thereafter the DPIM Bangkok for the final approval stages in DPIM Bangkok.

Kanchanaburi Province:

SPLA Block 1:
The exploration plan and budget for SPLA 1-2/2559 and SPLA 5-7/2559 in Kanchanaburi have been revised and re-submitted to DPIM Regional Technical Centre. The plan and budget are now under consideration.
MTT continues to work and liaise with the Regional Technical Centre for approval to move the application to DPIM Bangkok.

SPLA Block 2:
The Kanchanaburi SPLA 1/2557 remains with the Provincial Kanchanaburi Industry Office pending decisions on land use with the Provincial Land Reform Office.
MTT is continuing to work with government agencies in Kanchanaburi to progress the SPLA and to secure submission to the DPIM in Bangkok.

Nakon Sawan/Lopburi:

Applications are pending approval of Thailands policy on gold.
MTT is pleased with the careful consideration being given by local and national authorities in the development of its gold policy. We continue to work with the government in this regard and take care to listen to the feedback we are given with regard to progress on policy development.



Notes to Editors:
Metal Tiger plc is listed on the London Stock Exchange AIM Market (AIM) with the trading code MTR and invests in high potential mineral projects with a precious and strategic metals focus.
The Companys target is to deliver a very high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector timed to coincide, where possible, with a cyclical recovery in the exploration and mining markets. The Companys key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals.
Metal Tigers Metal Projects Division is focused on the development of its key project interests in Botswana, Spain and Thailand. In Botswana Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt. In Spain Metal Tiger the Company has tungsten and gold interests in the highly mineralised Extremadura region. In Thailand Metal Tiger has expanding interests over licences, applications and critical historical data covering antimony, copper, gold, silver, lead and zinc opportunities.
The Company has access to a diverse pipeline of new opportunities focused on the natural resource sector including physical resource projects, new natural resource centred technologies and resource sector related fintech opportunities. Pipeline projects deemed commercially viable may be undertaken by Metal Tiger or by an ISDX or AIM partner with whom the Company is engaged.
Metal Tiger also has an Asset Trading Division that holds various financial instruments for trading purposes including equities, warrants and royalty income. The aim of the division is to generate profits to reinvest into the Companys project based activities.

http://www.moneyam.com/action/news/showArticle?id=5420124

Link at BOP for full details:

26 September 2016

ANNOUNCES SUBSTANTIAL MAIDEN RESOURCE AT T3

 Maiden resource completed within six months of discovery at T3

 Total mineral resource of 28.36Mt @ 1.24% Cu and 15.7g/t Ag containing
~350kt copper (~772Mlbs copper) and 14.27Moz silver (using a 0.5% Cu
cut-off grade)

 Includes high grade core of 8.48Mt @ 2.16% Cu and 30.6g/t Ag containing

~183kt copper and 8.34Moz silver (using a 1.5% Cu cut-off grade)

 64% of the total resource tonnes are in the Indicated Resource category

 Results exceed MOD’s expectations and compare favourably on a global scale

 Resource remains open down dip and south west of current drilling

MOD Resources Ltd (ASX: MOD) is pleased to announce it has completed a substantial maiden copper/silver resource at T3 within six months of discovery.

T3 forms part of a joint venture between MOD Resources Ltd (70%) and AIM-listed Metal Tiger Plc (30%) in the Kalahari Copper Belt, Botswana.

Combined Indicated and Inferred resource estimates using 0.5% Cu cut-off consist of 28.36Mt @ 1.24% Cu and 15.7g/t Ag, containing approximately 350,200t Cu (~772Mlbs copper) and 14.27 million oz Ag. This includes a high-grade resource using 1.5% Cu cut-off grade which consists of 8.48Mt @ 2.16% Cu and 30.6g/t Ag, containing approximately 182,900t Cu and 8.34 million oz Ag (Table 1).

Importantly, 64% of the total resource tonnes are in the Indicated Resource category demonstrating the excellent continuity of the mineralisation drilled on a 100m by 100m grid pattern (Figure 2).

MOD Resources’ Managing Director, Mr Julian Hanna, said today’s news represented a tremendous milestone for the joint venture and a major step towards MOD’s objective of becoming a long-life, copper producer in Botswana.

“To be able to report 350,000 tonnes of contained copper and more than 14 million ounces of silver in the first resource from a new discovery in a relatively unexplored region is a great achievement for the whole team,” said Mr Hanna.

The unusual geometry of the T3 deposit with wide and continuous zones of shallow dipping mineralisation provides the opportunity for potential low cost open pit mining.

An additional bonus is the large amount of silver (>14Moz) which is expected to be able to be recovered into the copper concentrate, assuming the project goes into commercial production.

“Success at T3 has been achieved in a short time frame and to a very high standard - a credit to all the people on-site, including our many Botswana employees and contractors who have worked hard to achieve this excellent result,” Mr Hanna said.

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01782373

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Metal Tiger believes much more to come in Botswana after maiden resource
08:05 26 Sep 2016

The total included a high grade core of 182,900t copper and 8.34Moz silver



Metal Tiger plc (LON:MTR) has identified over 350,000 tonnes of copper so far at its T3 target in Botswana, according to a JORC resource published today.

Total resources were estimated at 28.36Mt at a grade of 1.24% copper and 15.7g/t of silver to give a resource for the prospect of approximately 350,200t.

That Total included a high grade core of 182,900t copper and 8.34Moz silver, while 64% of the total resource tonnes were classified in the higher confidence Indicated Resource category.

Metal Tiger owns 30% of the prospect in the Kalahari copper belt with joint venture partner and operator MOD Resources holding the remaining 70%.

Paul Johnson, Metal Tiger’s chief executive, said that he hoped further exploration would uncover more metal at the site.

“As the deposit remains open down-dip and along strike, where it is being targeted by current drilling, we look forward to the prospect of increasing and upgrading this initial resource.

“Furthermore, T3 is only the first of a series of high profile targets within the highly prospective region covered by the JV licences.

“There is significant likelihood of more discoveries to be made.”

Johnson added that the deposit was only discovered in March in a previously under-explored region and the fact that the majority of the Resource has been classified as Indicated is especially noteworthy.

Philip Whiterow