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Metal Tiger PLC (MTR)
banjomick
- 10 May 2016 16:21
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
banjomick
- 27 May 2016 20:44
- 32 of 474
Metal Tiger @metaltigerplc 38 minutes ago
Thanks to our shareholders whose support is appreciated. Rate of work at #MTR continues to build as we narrow in on near term objectives!
Metal Tiger @metaltigerplc 40 minutes ago
Resource sector has felt pressure again recently & #MTR SP with it. Bus. Dev. & news flow counts and we are working on that specifically.
Metal Tiger @metaltigerplc 44 minutes ago
We will deliver further updates to market as matters crystallise. And as RNS issued we will be undertaking media interviews, Q&As, etc!
Metal Tiger @metaltigerplc 48 minutes ago
We have spent last few weeks working at heightened level of intensity on various Metal Projects initiatives. See qrtly report on 3.5.16.
Thanks to our shareholders whose support is appreciated. Rate of work at #MTR continues to build as we narrow in on near term objectives!
Metal Tiger @metaltigerplc 40 minutes ago
Resource sector has felt pressure again recently & #MTR SP with it. Bus. Dev. & news flow counts and we are working on that specifically.
Metal Tiger @metaltigerplc 44 minutes ago
We will deliver further updates to market as matters crystallise. And as RNS issued we will be undertaking media interviews, Q&As, etc!
Metal Tiger @metaltigerplc 48 minutes ago
We have spent last few weeks working at heightened level of intensity on various Metal Projects initiatives. See qrtly report on 3.5.16.
banjomick
- 31 May 2016 08:11
- 33 of 474
31 May 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")
Spanish Corporate Update - Expansion of Interests
Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce a corporate update and expansion of its interests in Spanish exploration and development opportunities.
Highlights:
· Metal Tiger has successfully concluded negotiations to include the Maria Gold ("Au") and Antinomy ("Sb") Project ("Maria" or "Maria Project") licence, covering an area of 40.09 km2 in the Extremadura region of Spain;
· Maria Project is located approximately 15 kilometres north of the Logrosán gold and tungsten project that Metal Tiger has been developing with Joint Venture ("JV") 50/50 partners since March 2015;
· Due diligence drilling undertaken recently confirmed gold and antimony mineralisation across the Maria Project demonstrating the strategic potential of the project;
· Metal Tiger to provide up to €500,000 for 2016/2017 drill programme, with approximately half to be applied to drilling on the Maria license area and the balance used to refine the tungsten deposits outlined during the 2015 drilling programme and to further advance various gold targets;
· Commitment of €500,000 will be funded from Metal Tiger's existing working capital resources and payments are made at the volition of Metal Tiger and thus dependent on demonstrable JV progress;
· Metal Tiger's Spanish interests grow substantially with this transaction and position Spain fully as a key strategic focus of the Company.
Paul Johnson, Chief Executive Officer of Metal Tiger plc commented: "Metal Tiger is delighted to finally announce the significant expansion of its Spanish interests, with the addition of the Maria licence, prospective for gold, to our JV portfolio in the region of Metal Tiger's current Logrosán Project in Extremadura, Spain. In addition, this new binding MOU allocates further monies for the development of tungsten and gold targets at the Logrosán Project.
The success of the first drilling programme conducted by Metal Tiger's JV partners in Spain has been extremely pleasing and value-building to the assets, as reported since commencement in March 2015. Whilst this work and the potential it brings to Metal Tiger's portfolio of Metal Projects has been somewhat overshadowed of late by the dramatic findings in Botswana and the major expansion of activities in Thailand we are confident that the 2016/2017 exploration programme in Spain will further the assets being developed there and we look forward to bringing a regular feed of news and progress as this work continues.
Metal Tiger now has significant strategic interests in Botswana, Spain and Thailand, all of which are progressing at pace and adding value for shareholders. We continue to build rapidly and further announcements are expected in the near term across all areas of the Company's investing activities."
Maria Project - progress update
The Maria licence is being assigned to Logrosan Minerals Ltd ("LML") which is owned 50% by Metal Tiger. The licence area commences approximately 15 kilometres to the north of the existing Logrosán Project licences and covers an area of 40.09 km2. Prior work on the Maria licence including soil geochemistry and the assay results from MTR's due diligence drilling indicate the area has high prospectivity for antimony-gold style mineralisation.
Metal Tiger to provide up to €500,000 over the balance of 2016 and first quarter of 2017 in exploration expenditure, at least half of which will be used to further explore Maria and the balance used to refine and build out the tungsten deposits outlined during the 2015 Logrosán drilling programme.
As reported on 5th April 2016, the assay results from the MTR due diligence rotary air blast (RAB) drilling on Maria confirmed the presence of hard rock gold and antinomy mineralisation. With six of the RAB drill holes returning intersections between 1g/t Au and 3.94g/t Au and nine drill holes with Antinomy intersections >1% Sb (with grades up to 2.6% and the largest Sb intersection 4m @ 1.2% Sb).
The Maria Project consists of the Mari Hernández Research Permit (Permiso de Investigación) which was awarded to Metal Tiger's JV partners, Mineral Exploration Network (Finland) Ltd ("MEN") on 13 November 2013 for a period of 3 years, renewable. The permit allows exploration for all mineral deposits and resources except radioactive minerals, coal and hydrocarbons. The Maria licence is being assigned to LML.
Logrosán Project: Major 2015-16 Programme Findings
The exploration for tungsten (W) in the Logrosán Project centred on two distinct target areas which were identified on the basis of previous soil geochemistry and ground magnetic surveys. These targets are separated by a distance of 12km; Target 1 is near the centre of the Zorita Licence (in the west of the Logrosán Project area) and Target 2 is located in the south-west of the Antonio Licence (in the central Logrosán project area).
Between April - June 2015, as part of the Metal Tiger JV work programme, both targets were subject to first-pass RAB drilling to confirm the near surface tungsten mineralisation and grade. The results of this preliminary drilling have been very encouraging, with significant strike length tungsten mineralisation and high grade tungsten intersections outlined.
Several gold anomalies were investigated in the Logrosán Project area during the previous work season. Whilst drilling in the vicinity of Target 1 proved inconclusive, further investigation of gold anomalies in the eastern side of the Project area are ongoing.
Tungsten Target 1 contains the larger of the two tungsten-in-soil anomalies (up to 636ppm W), measuring 1.2km long by 200m wide and trending NNE-SSW. Drilling, consisting a total of 17 holes (268m) drilled, to an average depth of 16m, on two profiles drilled perpendicular to the anomaly strike at a 380m separation. Drill sample assays confirmed high-grade tungsten mineralisation in the north and the centre of the target soil anomaly and the soil anomaly remains open (untested by drilling) for a distance of 700m to the south and for 120m to the north.
Drill assay results, conducted by ALS Laboratories, returned a maximum WO3 grade above the analytical detection limit of 0.63% (5000ppm) and an average grade across all Target 1, drill samples submitted, of WO3 0.09%. The highest intersections in holes MW003 (10m WO3 >0.24%, including 2m >0.63%) on profile 2 and MW010 (with total intersections of 10m >0.2% and 2m WO3 0.37%) on profile 1, are separated by up to 400m of potentially continuous mineralisation. It should be noted that the tungsten concentration of workable ores typically starts from 0.10% WO3.
Tungsten Target 2 is located over a central, distinct, tungsten-in-soil anomaly ranging up to 565ppm W and measuring 700m long by up to 150m wide. This central soil anomaly is orientated in a NE-SW direction, and coincides with a 1.6km long geophysical structure. There are three further weaker anomalies associated with structures running parallel to it, one 250m to the north-west and two to the south-east, at 325m and 700m separation to the central anomaly.
Target 2 has been investigated with a total of 65 holes to an average of 20m depth, 1,300m in total. The central W anomaly has good drill coverage with a total of 26 holes on 8 profiles over a total strike length of 570m. Two further profiles have been drilled along strike at 560m NE and 500m SW of the outlying profiles (on the central zone drilling). Both these profiles are located on the same 1.6km geophysical structure, but coincide with continuous strong Cr, Cu, Sn, As and weak W anomalies.
Assays from all analysed drill samples on Target 2 average WO3 0.04% and a maximum of WO3 >0.63% (above upper detection limit) located in the central anomaly.
There is a 400m on-structure strike distance between hole LM014 (on profile 3) with 2.70m WO3 >0.32% (including 2m @ > 0.63%) and hole LM08 (on profile 7) with 8m at WO3 0.32% (including 2m @ 0.49%WO3 & 0.1% SnO2).
Summary of Logrosán 2015-16 Drill Programme Work ***VIA LINK AT BOP***
Location and Region
The Logrosán Project and Maria Project areas, are located in a geologically prospective, under-explored and mining friendly jurisdiction in west-central Spain within the province of Cáceres in the Extremadura autonomous region. The Projects are served by a well-developed and maintained road network, with good power, water and telecommunications infrastructure and enjoys the full support of the regional and local government and administration.
Neighbouring Properties
There are three public listed exploration and pre-production development companies located within the surrounding region. The W Resources Plc La Parrilla tungsten mine is 43km south-west of the Project area; the Emerita Resources Corporation Las Morras Gold Project is 6km to the south; and the Berkley Resources Plc Gambuta uranium deposit is 40km north.
Background to the Logrosán Joint Venture:
Metal Tiger entered into a Joint Venture with Logrosán Minerals Ltd (a Special Purpose Vehicle "SPV" company incorporated in the UK) on 13 March 2015.
Logrosán Minerals Limited is the joint venture operating company for the Logrosán Exploration Project. During the 18 months prior to the joint venture commencing, Metal Tiger's joint venture partner, Mineral Exploration Network (Finland) Ltd "MEN", had carried out more than 40,000 soil samples, hundreds of pan-concentrate samples, covered thousands of linear kilometres with ground magnetic survey and assessed electro-magnetic tomography. The presence of Tungsten mineralisation had been confirmed by soil sampling, outcrop sampling, trenching and historical drill holes. Gold mineralisation had been indicated by pan-concentrate sampling which delineated three areas with anomalous gold.
Metal Tiger funded €500,000 in exploration work over the balance of 2015 and Q1 2016 in line with an agreed exploration programme that included up to 5,000 metres of drilling. During the period ended 31 December 2015 the Joint Venture expended €400,000 on exploration work and approximately 4,700m of drilling was completed.
The remaining €100,000 was rolled over into 2016 with the agreement of both parties. Since the start of the year Metal Tiger has paid a further €100,000 into the joint venture making payments to date of €500,000. As a result, Metal Tiger has now earned into 50% of Logrosan Minerals Limited in line with funds injected. The balancing holding in the SPV is held by MEN.
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 Logrosán and Maria Project Areas, and reviewed the technical information contained within this announcement. 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=5350839
Metal Tiger Plc
("Metal Tiger" or the "Company")
Spanish Corporate Update - Expansion of Interests
Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce a corporate update and expansion of its interests in Spanish exploration and development opportunities.
Highlights:
· Metal Tiger has successfully concluded negotiations to include the Maria Gold ("Au") and Antinomy ("Sb") Project ("Maria" or "Maria Project") licence, covering an area of 40.09 km2 in the Extremadura region of Spain;
· Maria Project is located approximately 15 kilometres north of the Logrosán gold and tungsten project that Metal Tiger has been developing with Joint Venture ("JV") 50/50 partners since March 2015;
· Due diligence drilling undertaken recently confirmed gold and antimony mineralisation across the Maria Project demonstrating the strategic potential of the project;
· Metal Tiger to provide up to €500,000 for 2016/2017 drill programme, with approximately half to be applied to drilling on the Maria license area and the balance used to refine the tungsten deposits outlined during the 2015 drilling programme and to further advance various gold targets;
· Commitment of €500,000 will be funded from Metal Tiger's existing working capital resources and payments are made at the volition of Metal Tiger and thus dependent on demonstrable JV progress;
· Metal Tiger's Spanish interests grow substantially with this transaction and position Spain fully as a key strategic focus of the Company.
Paul Johnson, Chief Executive Officer of Metal Tiger plc commented: "Metal Tiger is delighted to finally announce the significant expansion of its Spanish interests, with the addition of the Maria licence, prospective for gold, to our JV portfolio in the region of Metal Tiger's current Logrosán Project in Extremadura, Spain. In addition, this new binding MOU allocates further monies for the development of tungsten and gold targets at the Logrosán Project.
The success of the first drilling programme conducted by Metal Tiger's JV partners in Spain has been extremely pleasing and value-building to the assets, as reported since commencement in March 2015. Whilst this work and the potential it brings to Metal Tiger's portfolio of Metal Projects has been somewhat overshadowed of late by the dramatic findings in Botswana and the major expansion of activities in Thailand we are confident that the 2016/2017 exploration programme in Spain will further the assets being developed there and we look forward to bringing a regular feed of news and progress as this work continues.
Metal Tiger now has significant strategic interests in Botswana, Spain and Thailand, all of which are progressing at pace and adding value for shareholders. We continue to build rapidly and further announcements are expected in the near term across all areas of the Company's investing activities."
Maria Project - progress update
The Maria licence is being assigned to Logrosan Minerals Ltd ("LML") which is owned 50% by Metal Tiger. The licence area commences approximately 15 kilometres to the north of the existing Logrosán Project licences and covers an area of 40.09 km2. Prior work on the Maria licence including soil geochemistry and the assay results from MTR's due diligence drilling indicate the area has high prospectivity for antimony-gold style mineralisation.
Metal Tiger to provide up to €500,000 over the balance of 2016 and first quarter of 2017 in exploration expenditure, at least half of which will be used to further explore Maria and the balance used to refine and build out the tungsten deposits outlined during the 2015 Logrosán drilling programme.
As reported on 5th April 2016, the assay results from the MTR due diligence rotary air blast (RAB) drilling on Maria confirmed the presence of hard rock gold and antinomy mineralisation. With six of the RAB drill holes returning intersections between 1g/t Au and 3.94g/t Au and nine drill holes with Antinomy intersections >1% Sb (with grades up to 2.6% and the largest Sb intersection 4m @ 1.2% Sb).
The Maria Project consists of the Mari Hernández Research Permit (Permiso de Investigación) which was awarded to Metal Tiger's JV partners, Mineral Exploration Network (Finland) Ltd ("MEN") on 13 November 2013 for a period of 3 years, renewable. The permit allows exploration for all mineral deposits and resources except radioactive minerals, coal and hydrocarbons. The Maria licence is being assigned to LML.
Logrosán Project: Major 2015-16 Programme Findings
The exploration for tungsten (W) in the Logrosán Project centred on two distinct target areas which were identified on the basis of previous soil geochemistry and ground magnetic surveys. These targets are separated by a distance of 12km; Target 1 is near the centre of the Zorita Licence (in the west of the Logrosán Project area) and Target 2 is located in the south-west of the Antonio Licence (in the central Logrosán project area).
Between April - June 2015, as part of the Metal Tiger JV work programme, both targets were subject to first-pass RAB drilling to confirm the near surface tungsten mineralisation and grade. The results of this preliminary drilling have been very encouraging, with significant strike length tungsten mineralisation and high grade tungsten intersections outlined.
Several gold anomalies were investigated in the Logrosán Project area during the previous work season. Whilst drilling in the vicinity of Target 1 proved inconclusive, further investigation of gold anomalies in the eastern side of the Project area are ongoing.
Tungsten Target 1 contains the larger of the two tungsten-in-soil anomalies (up to 636ppm W), measuring 1.2km long by 200m wide and trending NNE-SSW. Drilling, consisting a total of 17 holes (268m) drilled, to an average depth of 16m, on two profiles drilled perpendicular to the anomaly strike at a 380m separation. Drill sample assays confirmed high-grade tungsten mineralisation in the north and the centre of the target soil anomaly and the soil anomaly remains open (untested by drilling) for a distance of 700m to the south and for 120m to the north.
Drill assay results, conducted by ALS Laboratories, returned a maximum WO3 grade above the analytical detection limit of 0.63% (5000ppm) and an average grade across all Target 1, drill samples submitted, of WO3 0.09%. The highest intersections in holes MW003 (10m WO3 >0.24%, including 2m >0.63%) on profile 2 and MW010 (with total intersections of 10m >0.2% and 2m WO3 0.37%) on profile 1, are separated by up to 400m of potentially continuous mineralisation. It should be noted that the tungsten concentration of workable ores typically starts from 0.10% WO3.
Tungsten Target 2 is located over a central, distinct, tungsten-in-soil anomaly ranging up to 565ppm W and measuring 700m long by up to 150m wide. This central soil anomaly is orientated in a NE-SW direction, and coincides with a 1.6km long geophysical structure. There are three further weaker anomalies associated with structures running parallel to it, one 250m to the north-west and two to the south-east, at 325m and 700m separation to the central anomaly.
Target 2 has been investigated with a total of 65 holes to an average of 20m depth, 1,300m in total. The central W anomaly has good drill coverage with a total of 26 holes on 8 profiles over a total strike length of 570m. Two further profiles have been drilled along strike at 560m NE and 500m SW of the outlying profiles (on the central zone drilling). Both these profiles are located on the same 1.6km geophysical structure, but coincide with continuous strong Cr, Cu, Sn, As and weak W anomalies.
Assays from all analysed drill samples on Target 2 average WO3 0.04% and a maximum of WO3 >0.63% (above upper detection limit) located in the central anomaly.
There is a 400m on-structure strike distance between hole LM014 (on profile 3) with 2.70m WO3 >0.32% (including 2m @ > 0.63%) and hole LM08 (on profile 7) with 8m at WO3 0.32% (including 2m @ 0.49%WO3 & 0.1% SnO2).
Summary of Logrosán 2015-16 Drill Programme Work ***VIA LINK AT BOP***
Location and Region
The Logrosán Project and Maria Project areas, are located in a geologically prospective, under-explored and mining friendly jurisdiction in west-central Spain within the province of Cáceres in the Extremadura autonomous region. The Projects are served by a well-developed and maintained road network, with good power, water and telecommunications infrastructure and enjoys the full support of the regional and local government and administration.
Neighbouring Properties
There are three public listed exploration and pre-production development companies located within the surrounding region. The W Resources Plc La Parrilla tungsten mine is 43km south-west of the Project area; the Emerita Resources Corporation Las Morras Gold Project is 6km to the south; and the Berkley Resources Plc Gambuta uranium deposit is 40km north.
Background to the Logrosán Joint Venture:
Metal Tiger entered into a Joint Venture with Logrosán Minerals Ltd (a Special Purpose Vehicle "SPV" company incorporated in the UK) on 13 March 2015.
Logrosán Minerals Limited is the joint venture operating company for the Logrosán Exploration Project. During the 18 months prior to the joint venture commencing, Metal Tiger's joint venture partner, Mineral Exploration Network (Finland) Ltd "MEN", had carried out more than 40,000 soil samples, hundreds of pan-concentrate samples, covered thousands of linear kilometres with ground magnetic survey and assessed electro-magnetic tomography. The presence of Tungsten mineralisation had been confirmed by soil sampling, outcrop sampling, trenching and historical drill holes. Gold mineralisation had been indicated by pan-concentrate sampling which delineated three areas with anomalous gold.
Metal Tiger funded €500,000 in exploration work over the balance of 2015 and Q1 2016 in line with an agreed exploration programme that included up to 5,000 metres of drilling. During the period ended 31 December 2015 the Joint Venture expended €400,000 on exploration work and approximately 4,700m of drilling was completed.
The remaining €100,000 was rolled over into 2016 with the agreement of both parties. Since the start of the year Metal Tiger has paid a further €100,000 into the joint venture making payments to date of €500,000. As a result, Metal Tiger has now earned into 50% of Logrosan Minerals Limited in line with funds injected. The balancing holding in the SPV is held by MEN.
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 Logrosán and Maria Project Areas, and reviewed the technical information contained within this announcement. 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=5350839
banjomick
- 31 May 2016 10:11
- 34 of 474
Recovery Stocks for 2016 with Greatland Gold + Red Rock Resources
INVESTOR EVENING SPECIAL!
Tuesday 21th June 2016
FREE to Attend*
*Registration only. Places STRICTLY Limited. Register NOW to avoid disappointment
Venue: The Cote Brasserie, 26 Ludgate Hill, St Pauls, London EC4M 7DR
Event timings:
18:15 - 18:45 Registration and Drinks
18:45 - 19:00 "Why we're Invested" Introduction by Paul Johnson CEO of Metal Tiger
19:00 - 20:00 Presentations by Greatland Gold + Red Rock Resources
20:00 - 21:30 Buffet dinner, drinks + networking
https://www.eventbrite.co.uk/e/recovery-stocks-for-2016-with-greatland-gold-red-rock-resources-tickets-25751469338
INVESTOR EVENING SPECIAL!
Tuesday 21th June 2016
FREE to Attend*
*Registration only. Places STRICTLY Limited. Register NOW to avoid disappointment
Venue: The Cote Brasserie, 26 Ludgate Hill, St Pauls, London EC4M 7DR
Event timings:
18:15 - 18:45 Registration and Drinks
18:45 - 19:00 "Why we're Invested" Introduction by Paul Johnson CEO of Metal Tiger
19:00 - 20:00 Presentations by Greatland Gold + Red Rock Resources
20:00 - 21:30 Buffet dinner, drinks + networking
https://www.eventbrite.co.uk/e/recovery-stocks-for-2016-with-greatland-gold-red-rock-resources-tickets-25751469338
banjomick
- 31 May 2016 10:48
- 35 of 474
Today (Metal Tiger):
"The General Meeting will be held at 11.00am on Tuesday 31 May 2016 at 200 Strand, London, WC2R 1DJ.
The purpose of the General Meeting was detailed in the Company's Quarterly Activities Report dated 3 May 2016 and specifically within the Strategic Planning section of that report.
http://www.moneyam.com/action/news/showArticle?id=5341003
"The General Meeting will be held at 11.00am on Tuesday 31 May 2016 at 200 Strand, London, WC2R 1DJ.
The purpose of the General Meeting was detailed in the Company's Quarterly Activities Report dated 3 May 2016 and specifically within the Strategic Planning section of that report.
http://www.moneyam.com/action/news/showArticle?id=5341003
banjomick
- 31 May 2016 11:57
- 36 of 474
31 May 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")
General Meeting Update
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects, is pleased to provide an update following the Company's General Meeting today.
The Company is pleased to confirm that during today's General Meeting all resolutions were passed.
Investors wishing to learn more about the General Meeting resolutions are advised to refer to the Company's website where the Notice of General Meeting is posted. In addition further background to the General Meeting can be found in the Company's Quarterly Activities Report dated 3 May 2016.
Paul Johnson, Chief Executive Officer of Metal Tiger plc commented: "I am pleased to confirm the passing of today's resolutions and thank shareholders for their support in this regard.
The passing of today's resolutions provides the company with the means to crystallise valuable commercial transactions and also to reward to staff and management of Metal Tiger who have worked hard to enable the company to progress thus far and whose engagement is key to continuing material progress.
I would encourage investors and shareholders to monitor developments in the Company and would confirm that Metal Tiger will be undertaking a number of face-to-face investor presentations in the near future. Further details of these events will be announced shortly."
http://www.moneyam.com/action/news/showArticle?id=5351141
Metal Tiger Plc
("Metal Tiger" or the "Company")
General Meeting Update
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects, is pleased to provide an update following the Company's General Meeting today.
The Company is pleased to confirm that during today's General Meeting all resolutions were passed.
Investors wishing to learn more about the General Meeting resolutions are advised to refer to the Company's website where the Notice of General Meeting is posted. In addition further background to the General Meeting can be found in the Company's Quarterly Activities Report dated 3 May 2016.
Paul Johnson, Chief Executive Officer of Metal Tiger plc commented: "I am pleased to confirm the passing of today's resolutions and thank shareholders for their support in this regard.
The passing of today's resolutions provides the company with the means to crystallise valuable commercial transactions and also to reward to staff and management of Metal Tiger who have worked hard to enable the company to progress thus far and whose engagement is key to continuing material progress.
I would encourage investors and shareholders to monitor developments in the Company and would confirm that Metal Tiger will be undertaking a number of face-to-face investor presentations in the near future. Further details of these events will be announced shortly."
http://www.moneyam.com/action/news/showArticle?id=5351141
banjomick
- 31 May 2016 13:19
- 37 of 474
Metal Tiger expands its Spanish interests
11:43 31 May 2016
The natural resources investing company says Spain is now a “key strategic focus” after adding the Maria gold and antimony project to its JV portfolio
Resources investor Metal Tiger Plc (LON:MTR) has completed a deal to add the Maria gold and antimony project in Spain to its joint venture (JV) portfolio.
The Maria licence is to become part of Logrosan, 50% owned by Metal Tiger and Minerals Exploration Network (Finland) Ltd, in return for €500,000 towards the 2016/2017 drilling programme.
Maria is 15km north of the Logrosán gold and tungsten project, another JV between Metal Tiger and MEN.
“Metal Tiger is delighted to finally announce the significant expansion of its Spanish interests, with the addition of the Maria licence, prospective for gold, to our JV portfolio in the region of Metal Tiger's current Logrosán Project in Extremadura, Spain,” said chief executive Paul Johnson.
Back in April, assay results from the Maria Project area confirmed the presence of hard rock gold and antimony mineralisation.
11:43 31 May 2016
The natural resources investing company says Spain is now a “key strategic focus” after adding the Maria gold and antimony project to its JV portfolio
Resources investor Metal Tiger Plc (LON:MTR) has completed a deal to add the Maria gold and antimony project in Spain to its joint venture (JV) portfolio.
The Maria licence is to become part of Logrosan, 50% owned by Metal Tiger and Minerals Exploration Network (Finland) Ltd, in return for €500,000 towards the 2016/2017 drilling programme.
Maria is 15km north of the Logrosán gold and tungsten project, another JV between Metal Tiger and MEN.
“Metal Tiger is delighted to finally announce the significant expansion of its Spanish interests, with the addition of the Maria licence, prospective for gold, to our JV portfolio in the region of Metal Tiger's current Logrosán Project in Extremadura, Spain,” said chief executive Paul Johnson.
Back in April, assay results from the Maria Project area confirmed the presence of hard rock gold and antimony mineralisation.
banjomick
- 31 May 2016 22:00
- 38 of 474
Paul Johnson CEO Metal Tiger PLC 31/05/2016
Paul Johnson speaks about Metal Tiger PLC Spanish Corporate Update – Expansion of Interests RNS
General Meeting RNS Update that was held in London today
We cover questions asked from #MTR share holders and #GGP Greatland Gold PLC future progress and the connection with the Metal Tiger board.
http://www.lsesharetalk.com/share-news/paul-johnson-ceo-metal-tiger-plc-31052016/
Paul Johnson speaks about Metal Tiger PLC Spanish Corporate Update – Expansion of Interests RNS
General Meeting RNS Update that was held in London today
We cover questions asked from #MTR share holders and #GGP Greatland Gold PLC future progress and the connection with the Metal Tiger board.
http://www.lsesharetalk.com/share-news/paul-johnson-ceo-metal-tiger-plc-31052016/
banjomick
- 02 Jun 2016 08:34
- 39 of 474
2 June 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")
Botswana Copper/Silver Project Update
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide a update with regard to the diamond drilling programme at the Company's 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 the Target 3 (T3) Prospect diamond drilling programme progress and preliminary geological observations, are provided below. In addition we would refer to the announcement released today by MOD Resources which contains images and diagrams that may assist readers in an understanding of the project and the drilling being undertaken. This announcement can be viewed through the following link:
http://search.asx.com.au/s/search.html?query=mod&collection=asx-meta&profile=web
Paul Johnson Chief Executive Officer of Metal Tiger commented "We are pleased to confirm that the JV partnership with MOD resources has now moved to a more advanced level with an agreement that resource drilling should be undertaken at the T3 prospect.
Resource identification and development companies should be focused on commercial development, and with the findings from our work to date at T3 we are very much focused on obtaining the best commercial outcome. This requires the JV to quantify a Mineral Resource at T3 and it is good to see this being undertaken, particularly as this work is occurring at such an early stage in our exploration of the Kalahari Copper Belt.
The JV has multiple significant targets to pursue within its licence area, however advancement of T3 is a justifiable commercial focus. We look forward to bringing the results of our work to market in the near future."
Highlights:
• MTR is pleased to announce that the Resource drilling programme has commenced at the MTR/MOD JV T3 Prospect, with the objective of delineating a maiden Mineral Resource as the first step towards supporting a conceptual open pit mining study. The completion date is planned for Q3 2016.
• Resource drilling will concentrate on the current 800m strike length of the T3 deposit, delineating the upper (UZ) and lower (LZ) copper/silver mineralization, from circa 60m vertical depth to 200m depth. Additional samples will be taken to enable metallurgical testwork on the copper/silver mineralisation. The planned programme consists 29 diamond core drill holes at 100m collar spacing.
• Geophysical survey work has helped delineate further drill targets in the vicinity of T3. The survey consisted a 5km long Induced Polarization (IP) geophysics traverse across the T3 Dome. This has been successful in identifying a number of extensive, shallow dipping, chargeability anomalies that could be linked to mineralised ground. The central chargeability anomaly appears to correlate with the copper/silver sulphide mineralisation already intersected by the drilling at T3.
• The IP drill targets are located to the north and south of the current T3 drill area, and range between 250m to 350m below surface.
• The core drilling continues to provide encouraging results, the eastern most diamond drill hole to date (MO-G-09D) appears to be one of the most mineralised holes. Assay results will be released in due course.
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 project's Tshimologo (T4) Prospect and is located parallel to the same structural trend known as the Mahumo Structural Corridor, that hosts MOD's Mahumo Project (circa 20km NE of T3) and Cupric Capitals' Banana Zone Deposit (60km NE) and Zone 5 Project (120km NE).
MOD outline details of the current exploration procedures being employed on the project (JORC 2012 Table 1), proposed Resource drill plan and supporting sections in their news release dated 2 June 2016. The work is being managed on the ground by MOD's 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 MOD's 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=5353125
Metal Tiger Plc
("Metal Tiger" or the "Company")
Botswana Copper/Silver Project Update
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide a update with regard to the diamond drilling programme at the Company's 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 the Target 3 (T3) Prospect diamond drilling programme progress and preliminary geological observations, are provided below. In addition we would refer to the announcement released today by MOD Resources which contains images and diagrams that may assist readers in an understanding of the project and the drilling being undertaken. This announcement can be viewed through the following link:
http://search.asx.com.au/s/search.html?query=mod&collection=asx-meta&profile=web
Paul Johnson Chief Executive Officer of Metal Tiger commented "We are pleased to confirm that the JV partnership with MOD resources has now moved to a more advanced level with an agreement that resource drilling should be undertaken at the T3 prospect.
Resource identification and development companies should be focused on commercial development, and with the findings from our work to date at T3 we are very much focused on obtaining the best commercial outcome. This requires the JV to quantify a Mineral Resource at T3 and it is good to see this being undertaken, particularly as this work is occurring at such an early stage in our exploration of the Kalahari Copper Belt.
The JV has multiple significant targets to pursue within its licence area, however advancement of T3 is a justifiable commercial focus. We look forward to bringing the results of our work to market in the near future."
Highlights:
• MTR is pleased to announce that the Resource drilling programme has commenced at the MTR/MOD JV T3 Prospect, with the objective of delineating a maiden Mineral Resource as the first step towards supporting a conceptual open pit mining study. The completion date is planned for Q3 2016.
• Resource drilling will concentrate on the current 800m strike length of the T3 deposit, delineating the upper (UZ) and lower (LZ) copper/silver mineralization, from circa 60m vertical depth to 200m depth. Additional samples will be taken to enable metallurgical testwork on the copper/silver mineralisation. The planned programme consists 29 diamond core drill holes at 100m collar spacing.
• Geophysical survey work has helped delineate further drill targets in the vicinity of T3. The survey consisted a 5km long Induced Polarization (IP) geophysics traverse across the T3 Dome. This has been successful in identifying a number of extensive, shallow dipping, chargeability anomalies that could be linked to mineralised ground. The central chargeability anomaly appears to correlate with the copper/silver sulphide mineralisation already intersected by the drilling at T3.
• The IP drill targets are located to the north and south of the current T3 drill area, and range between 250m to 350m below surface.
• The core drilling continues to provide encouraging results, the eastern most diamond drill hole to date (MO-G-09D) appears to be one of the most mineralised holes. Assay results will be released in due course.
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 project's Tshimologo (T4) Prospect and is located parallel to the same structural trend known as the Mahumo Structural Corridor, that hosts MOD's Mahumo Project (circa 20km NE of T3) and Cupric Capitals' Banana Zone Deposit (60km NE) and Zone 5 Project (120km NE).
MOD outline details of the current exploration procedures being employed on the project (JORC 2012 Table 1), proposed Resource drill plan and supporting sections in their news release dated 2 June 2016. The work is being managed on the ground by MOD's 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 MOD's 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=5353125
banjomick
- 03 Jun 2016 11:31
- 40 of 474
MiningMaven Podcast No 26 with Gervaise Heddle Author of ‘The Money Enigma’
In today's Podcast Gervaise Heddle, author of The Money Enigma http://www.themoneyenigma.com/ joins us on the line from Australia ahead of his forthcoming trip to London for the MiningMaven Investor evening on Tuesday 21st June with Red Rock Resources (LON:RRR) and Greatland Gold (LON:GGP).
Further details and registration for this free to attend investor event can be found here:
https://www.eventbrite.co.uk/e/recovery-stocks-for-2016-with-greatland-gold-red-rock-resources-tickets-25751469338
We then discuss the latest development in the gold market; with the looming possibility of another marginal interest rate hike from The FED, Gervaise gives us his take the gold price reaction and why he thinks this is Déjà vu all over again!
We then move on to discuss Gervaise's recent appointment as Non-Executive Director of Greatland Gold (LON:GGP) and it is clear he is very excited by the prospects for the company going forward - he gives us a sneak flavour of what to expect at their presentation in London on 21st June.
We then discuss the latest developments with the companies we both follow and are invested in; this time, notably Eurasia Mining (LON:EUA) Metal Tiger (LON:MTR), and MOD Resources (ASX:MOD)
Please note that this interview was recorded in the evening of 1st June, before MOD’s announcement regarding the Resource Drilling Campaign and Exploration Steps at their T3 target.
http://www.asx.com.au/asxpdf/20160602/pdf/437njmwtqpq8g0.pdf
In the section where we discuss Botswana, Gervaise refers to a report from the US Geological Survey 'Preliminary Model of Porphyry Copper Deposits’ which can be downloaded here:
http://on.doi.gov/1XTQ0qj
We hope you enjoy listening.
#Gold #MTR #MOD #EUA # mining #Botswana #Thailand #Spain
All opinions expressed are those of MiningMaven and unless otherwise stated, should not be construed as being made on behalf of any featured Company. From time to time MiningMaven principals may take equity positions in companies. Readers are advised to do their own extensive research before buying shares which, as with all small cap exploration stocks, should be viewed as high risk. Investors should also seek the advice of a qualified investment adviser or stockbroker, as they deem appropriate.
https://audioboom.com/boos/4649402-miningmaven-podcast-no-26-with-gervaise-heddle-author-of-the-money-enigma
In today's Podcast Gervaise Heddle, author of The Money Enigma http://www.themoneyenigma.com/ joins us on the line from Australia ahead of his forthcoming trip to London for the MiningMaven Investor evening on Tuesday 21st June with Red Rock Resources (LON:RRR) and Greatland Gold (LON:GGP).
Further details and registration for this free to attend investor event can be found here:
https://www.eventbrite.co.uk/e/recovery-stocks-for-2016-with-greatland-gold-red-rock-resources-tickets-25751469338
We then discuss the latest development in the gold market; with the looming possibility of another marginal interest rate hike from The FED, Gervaise gives us his take the gold price reaction and why he thinks this is Déjà vu all over again!
We then move on to discuss Gervaise's recent appointment as Non-Executive Director of Greatland Gold (LON:GGP) and it is clear he is very excited by the prospects for the company going forward - he gives us a sneak flavour of what to expect at their presentation in London on 21st June.
We then discuss the latest developments with the companies we both follow and are invested in; this time, notably Eurasia Mining (LON:EUA) Metal Tiger (LON:MTR), and MOD Resources (ASX:MOD)
Please note that this interview was recorded in the evening of 1st June, before MOD’s announcement regarding the Resource Drilling Campaign and Exploration Steps at their T3 target.
http://www.asx.com.au/asxpdf/20160602/pdf/437njmwtqpq8g0.pdf
In the section where we discuss Botswana, Gervaise refers to a report from the US Geological Survey 'Preliminary Model of Porphyry Copper Deposits’ which can be downloaded here:
http://on.doi.gov/1XTQ0qj
We hope you enjoy listening.
#Gold #MTR #MOD #EUA # mining #Botswana #Thailand #Spain
All opinions expressed are those of MiningMaven and unless otherwise stated, should not be construed as being made on behalf of any featured Company. From time to time MiningMaven principals may take equity positions in companies. Readers are advised to do their own extensive research before buying shares which, as with all small cap exploration stocks, should be viewed as high risk. Investors should also seek the advice of a qualified investment adviser or stockbroker, as they deem appropriate.
https://audioboom.com/boos/4649402-miningmaven-podcast-no-26-with-gervaise-heddle-author-of-the-money-enigma
banjomick
- 06 Jun 2016 10:07
- 41 of 474
06 June 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")
Warrant Exercise
The Board of Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce that it has received a binding signed warrant conversion notice for the following amount:
***SEE LINK At BOP***
The Board is pleased to confirm that it has raised £1,369,500 from warrant conversions since March 16 2016.
The 1,666,667 new ordinary shares are expected to be admitted to trading on or around 10 June 2016. Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 557,717,664. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Metal Tiger following this allotment consists 557,717,664 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs.
http://www.moneyam.com/action/news/showArticle?id=5354815
Metal Tiger Plc
("Metal Tiger" or the "Company")
Warrant Exercise
The Board of Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce that it has received a binding signed warrant conversion notice for the following amount:
***SEE LINK At BOP***
The Board is pleased to confirm that it has raised £1,369,500 from warrant conversions since March 16 2016.
The 1,666,667 new ordinary shares are expected to be admitted to trading on or around 10 June 2016. Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 557,717,664. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Metal Tiger following this allotment consists 557,717,664 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs.
http://www.moneyam.com/action/news/showArticle?id=5354815
banjomick
- 09 Jun 2016 13:32
- 42 of 474
09 June 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")
Warrant Exercise
The Board of Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce that it has received a binding signed warrant conversion notice for the following amount:
***SEE LINK At BOP***
The Board is pleased to confirm that it has raised £1,409,500 from warrant conversions since March 16 2016.
The 2,222,222 new ordinary shares are expected to be admitted to trading on or around 15 June 2016. Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 559,939,886. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Metal Tiger following this allotment consists 559,939,886 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury.
This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs.
http://www.moneyam.com/action/news/showArticle?id=5357648
Metal Tiger Plc
("Metal Tiger" or the "Company")
Warrant Exercise
The Board of Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce that it has received a binding signed warrant conversion notice for the following amount:
***SEE LINK At BOP***
The Board is pleased to confirm that it has raised £1,409,500 from warrant conversions since March 16 2016.
The 2,222,222 new ordinary shares are expected to be admitted to trading on or around 15 June 2016. Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 559,939,886. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Metal Tiger following this allotment consists 559,939,886 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury.
This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs.
http://www.moneyam.com/action/news/showArticle?id=5357648
banjomick
- 11 Jun 2016 14:00
- 43 of 474
Metal Tiger InfoSheet May 2016
Published 3rd June 2016
http://www.metaltigerplc.com/index.php/investors/infosheet/download-file?path=Metal+Tiger+Info+Sheet+May.pdf
Published 3rd June 2016
http://www.metaltigerplc.com/index.php/investors/infosheet/download-file?path=Metal+Tiger+Info+Sheet+May.pdf
banjomick
- 11 Jun 2016 14:03
- 44 of 474
A reminder of *this* weeks event:
This conference, in its thirteenth year is scheduled for Tuesday June 14th and Wednesday June 15th 2016 and is the largest annual investment conference held in Botswana. It aims to increase investment into Botswana’s Resource Sector by bringing together Botswana resource companies, with global and local institutions looking for investment opportunities.
The Agenda in 2016 will comprise a mixture of solo presentations and panel discussions focusing on the Resource Sector, the Botswana Economy and Infrastructure looking at power, water, environment and transport issues supporting the resource sector.
*******************************************
Agenda – Wednesday 15th June
11:40 - 12:00
MOD Resources and Metal Tiger
Julian Hanna
http://www.capconferences.com/agenda-wednesday-15th-june/
This conference, in its thirteenth year is scheduled for Tuesday June 14th and Wednesday June 15th 2016 and is the largest annual investment conference held in Botswana. It aims to increase investment into Botswana’s Resource Sector by bringing together Botswana resource companies, with global and local institutions looking for investment opportunities.
The Agenda in 2016 will comprise a mixture of solo presentations and panel discussions focusing on the Resource Sector, the Botswana Economy and Infrastructure looking at power, water, environment and transport issues supporting the resource sector.
*******************************************
Agenda – Wednesday 15th June
11:40 - 12:00
MOD Resources and Metal Tiger
Julian Hanna
http://www.capconferences.com/agenda-wednesday-15th-june/
banjomick
- 13 Jun 2016 17:48
- 45 of 474
16:35 Metal Tiger Plc
("Metal Tiger" or the "Company")
Thailand Mae Yom Prospect Agreement
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce that its Thai JV has signed a 45-day Due Diligence and Standstill Exclusivity Agreement with Thai Goldfields (TGF) for the purpose of advancing discussions related to the polymetallic Mae Yom prospect in Phrae Province, Thailand.
Paul Johnson Chief Executive Officer of Metal Tiger commented I am pleased to announce further progress in Thailand. The work of our JV team in-country is proving to be exceptionally productive in the identification of new mineral opportunities and we are therefore expanding the technical team to include further Thai geologists. This expansion increases the capacity of the team to investigate and review an increasing number of opportunities and thus helps ensure that the company can identify the best opportunities and lodge licence applications or agree commercial transactions in a timely manner.
We will provide the market with a full update on the work being undertaken in Thailand shortly, however in the interim we note that investor focus is understandably on the Boh Yai and Song Toh Silver-Lead-Zinc Mines where we and our JV partners are making excellent progress and we expect to update the market in the near future.
We would urge investors to also be cognisant of the wider work we are undertaking to build our Thai portfolio as exemplified by todays news. We are increasing the investment in Thailand to demonstrate our commitment to the country and its geological potential. Where possible we will be recruiting Thai staff and utilising Thai suppliers of goods and services. We will also be increasing in-country public relations demonstrating that Metal Tiger Thailand is committed to developing Thai resources, for the benefit of the Thai people and on terms that see a fair balance of risk and reward for all parties.
Mae Yom Prospect Background
TGF currently holds three abutting Special Prospecting Licenses (SPLs) that were granted in late 2014. SPLs individually cover a maximum area of 16 square kilometres, are valid for five years, and are subject to an escalating expenditure schedule. The Mae Yom prospect surrounds an operating barite mine and is flanked by several former small copper mines.
Supported by extensive field mapping, grab sample analyses yielding highly anomalous Cu, Pb, Zn, and Sb results, and isotope geochemistry studies, the Mae Yom prospect has been interpreted as a broad scale barite-rich polymetallic (Cu, Pb, Zn, PMs) Volcanic Hosted Massive Sulphide (VHMS) target. The host rocks are subaqueous rhyolitic volcanics interbedded with contemporaneous limestones and other sedimentary units of Permian to Triassic age.
Rhyolitic volcanics of this period extend as a roughly north-south belt from Sukhothai Province further to the south in Thailand, northwards through northeastern Myanmar, and into Yunnan Province of southern China, where several producing polymetallic mines are known to exist. Broadly, the belt has been described as collapsed island arc tectonic terrain which built up over many tens of millions of years of subduction and volcanic extrusion prior to being squeezed between the Indochina plate and the advancing Sibumasu microcontinent as the Paleotethys Sea closed.
TGF has provided SEAM with data and coordinates related to the prospect, which are in the process of being evaluated in the context of geological interpretation. Field evaluation will be conducted later this month.
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 is a consultant working for Mining Analyst Consulting Ltd which has been retained by Metal Tiger PLC to provide technical support.
For further information on the Company, visit: www.metaltigerplc.com:
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=5359414
("Metal Tiger" or the "Company")
Thailand Mae Yom Prospect Agreement
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce that its Thai JV has signed a 45-day Due Diligence and Standstill Exclusivity Agreement with Thai Goldfields (TGF) for the purpose of advancing discussions related to the polymetallic Mae Yom prospect in Phrae Province, Thailand.
Paul Johnson Chief Executive Officer of Metal Tiger commented I am pleased to announce further progress in Thailand. The work of our JV team in-country is proving to be exceptionally productive in the identification of new mineral opportunities and we are therefore expanding the technical team to include further Thai geologists. This expansion increases the capacity of the team to investigate and review an increasing number of opportunities and thus helps ensure that the company can identify the best opportunities and lodge licence applications or agree commercial transactions in a timely manner.
We will provide the market with a full update on the work being undertaken in Thailand shortly, however in the interim we note that investor focus is understandably on the Boh Yai and Song Toh Silver-Lead-Zinc Mines where we and our JV partners are making excellent progress and we expect to update the market in the near future.
We would urge investors to also be cognisant of the wider work we are undertaking to build our Thai portfolio as exemplified by todays news. We are increasing the investment in Thailand to demonstrate our commitment to the country and its geological potential. Where possible we will be recruiting Thai staff and utilising Thai suppliers of goods and services. We will also be increasing in-country public relations demonstrating that Metal Tiger Thailand is committed to developing Thai resources, for the benefit of the Thai people and on terms that see a fair balance of risk and reward for all parties.
Mae Yom Prospect Background
TGF currently holds three abutting Special Prospecting Licenses (SPLs) that were granted in late 2014. SPLs individually cover a maximum area of 16 square kilometres, are valid for five years, and are subject to an escalating expenditure schedule. The Mae Yom prospect surrounds an operating barite mine and is flanked by several former small copper mines.
Supported by extensive field mapping, grab sample analyses yielding highly anomalous Cu, Pb, Zn, and Sb results, and isotope geochemistry studies, the Mae Yom prospect has been interpreted as a broad scale barite-rich polymetallic (Cu, Pb, Zn, PMs) Volcanic Hosted Massive Sulphide (VHMS) target. The host rocks are subaqueous rhyolitic volcanics interbedded with contemporaneous limestones and other sedimentary units of Permian to Triassic age.
Rhyolitic volcanics of this period extend as a roughly north-south belt from Sukhothai Province further to the south in Thailand, northwards through northeastern Myanmar, and into Yunnan Province of southern China, where several producing polymetallic mines are known to exist. Broadly, the belt has been described as collapsed island arc tectonic terrain which built up over many tens of millions of years of subduction and volcanic extrusion prior to being squeezed between the Indochina plate and the advancing Sibumasu microcontinent as the Paleotethys Sea closed.
TGF has provided SEAM with data and coordinates related to the prospect, which are in the process of being evaluated in the context of geological interpretation. Field evaluation will be conducted later this month.
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 is a consultant working for Mining Analyst Consulting Ltd which has been retained by Metal Tiger PLC to provide technical support.
For further information on the Company, visit: www.metaltigerplc.com:
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=5359414
banjomick
- 15 Jun 2016 01:26
- 46 of 474
ASX ANNOUNCEMENT
15 JUNE 2016
POTENTIAL GROWS AROUND T3 DISCOVERY
New copper/zinc target zone confirmed 3.5kmNE of current T3 drilling, RC drilling to test area
Wide zones of >1%copper intersected in three latest diamond holes (MO-G-04D, 05D and 06D)
Geophysical (IP) data has definedmultiple targets for deeper drilling North and South of T3
3rd drill rigmobilised to accelerate resource drill out and test deeper targets, including IP anomalies
MOD Resources Limited (ASX: MOD) today announced the confirmation of an extensive new copper surface anomaly and additional positive assay results from its diamond-drill program at the T3 prospect in the Kalahari Copper Belt, Botswana. The resource-drilling program is part of a joint venture between MOD Resources (70%) and AIM-listed Metal Tiger Plc (30%).
In March 2016, MOD Resources commenced a drilling campaign at T3. Early success, including an intersection of 52m @ 2.0% Cu in a shallow RC hole, prompted the joint venture to commence further drilling to gain a better understanding of the copper mineralisation and initiate a substantial soil sampling program of the surrounding area.
Based on this work, the Company’s experienced geological team confirmed a new 3-kilometre long copper/zinc anomaly along strike, approximately 3.5 kilometres NE of the Phase 1 resource area at T3 (Figure 1).
The Company also announced receipt of assays from three deeper diamond holes along a 600m-strike lengthwithin the Phase 1 resource area, showing they all intersected wide zones equal or greater than 1% copper, associated with significant silver values.
Highlights include:
MO-G-04D
12.08m@1.29%Cu and 26.7ppmAg from182.0mdownhole
10.00m@1.04%Cu and 17.1ppmAg from223.0mdownhole
MO-G-05D
34.85m@1.0%Cu and 14.0ppmAg from161.0mdownhole,
including 6.28m@2.50%Cu and 47.3ppmAg from177.0mdownhole
MO-G-06D
6.00m@1.87%Cu, 37.9ppmAgMo from223.0mdownhole
Details of the drill holes are set out in the table below (Table 1).
MOD Resources’ Managing Director Mr Julian Hanna said T3’s prospective target area keeps growing.
“The resource area now extends to 1-kilometre strike length following intersection of a substantial width of chalcopyrite mineralisation in the latest diamond hole (MO-G-13D) requiring assay confirmation, 200m east of current drilling,” said Mr Hanna.
“Within just three months since discovery, MOD has only tested a small portion of the potential around T3.”
Full announcement from:
http://www.asx.com.au/asxpdf/20160615/pdf/437wzh184dl605.pdf
15 JUNE 2016
POTENTIAL GROWS AROUND T3 DISCOVERY
New copper/zinc target zone confirmed 3.5kmNE of current T3 drilling, RC drilling to test area
Wide zones of >1%copper intersected in three latest diamond holes (MO-G-04D, 05D and 06D)
Geophysical (IP) data has definedmultiple targets for deeper drilling North and South of T3
3rd drill rigmobilised to accelerate resource drill out and test deeper targets, including IP anomalies
MOD Resources Limited (ASX: MOD) today announced the confirmation of an extensive new copper surface anomaly and additional positive assay results from its diamond-drill program at the T3 prospect in the Kalahari Copper Belt, Botswana. The resource-drilling program is part of a joint venture between MOD Resources (70%) and AIM-listed Metal Tiger Plc (30%).
In March 2016, MOD Resources commenced a drilling campaign at T3. Early success, including an intersection of 52m @ 2.0% Cu in a shallow RC hole, prompted the joint venture to commence further drilling to gain a better understanding of the copper mineralisation and initiate a substantial soil sampling program of the surrounding area.
Based on this work, the Company’s experienced geological team confirmed a new 3-kilometre long copper/zinc anomaly along strike, approximately 3.5 kilometres NE of the Phase 1 resource area at T3 (Figure 1).
The Company also announced receipt of assays from three deeper diamond holes along a 600m-strike lengthwithin the Phase 1 resource area, showing they all intersected wide zones equal or greater than 1% copper, associated with significant silver values.
Highlights include:
MO-G-04D
12.08m@1.29%Cu and 26.7ppmAg from182.0mdownhole
10.00m@1.04%Cu and 17.1ppmAg from223.0mdownhole
MO-G-05D
34.85m@1.0%Cu and 14.0ppmAg from161.0mdownhole,
including 6.28m@2.50%Cu and 47.3ppmAg from177.0mdownhole
MO-G-06D
6.00m@1.87%Cu, 37.9ppmAgMo from223.0mdownhole
Details of the drill holes are set out in the table below (Table 1).
MOD Resources’ Managing Director Mr Julian Hanna said T3’s prospective target area keeps growing.
“The resource area now extends to 1-kilometre strike length following intersection of a substantial width of chalcopyrite mineralisation in the latest diamond hole (MO-G-13D) requiring assay confirmation, 200m east of current drilling,” said Mr Hanna.
“Within just three months since discovery, MOD has only tested a small portion of the potential around T3.”
Full announcement from:
http://www.asx.com.au/asxpdf/20160615/pdf/437wzh184dl605.pdf
banjomick
- 15 Jun 2016 08:09
- 47 of 474
15th June 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")
Botswana Copper/Silver Project Update
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 diamond drilling 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 the Target 3 (T3) Prospect diamond drilling programme progress and preliminary geological observations, are provided below. In addition we would refer to the announcement released today by MOD Resources which contains images and diagrams that may assist readers in an understanding of the project and the drilling being undertaken. This announcement can be viewed through the following link:
http://search.asx.com.au/s/search.html?query=mod&collection=asx-meta&profile=web
Paul Johnson Chief Executive Officer of Metal Tiger commented I am pleased to report further positive results from the exploration programme at T3 and would note that the resource area now extends to a one kilometre strike length.
Since the original discovery the JV has tested only a small portion of the potential around T3 and there is further opportunity to identify additional mineralisation around the existing drill tested areas. The addition of a further diamond drill rig will assist with this work.
As the activities of the JV continue to expand we look forward to reporting more data from the exploration work to the market.
Highlights:
• MTR is pleased to confirm the delineation of a new 3km long copper/zinc anomaly from the continuing soil sampling programme. The anomaly which is located approximately 3.5km northeast of the T3 Resource drilling area, will be tested by reverse circulation drilling.
• Assay results have been received for three diamond drill (DD) holes (MO-G-04D to MO-G-06D) within the Resource drilling area.
• All three DD holes have intersected wide zones of >1% copper mineralisation, along a 600m strike length in the centre of the Resource target area.
• A third diamond core rig has arrived onsite to fast track the Resource drilling programme, and to test deeper targets associated with Induced Polarization (IP) geophysics anomalies.
• The T3 target area now extends over a 1km strike length following the intersection of a substantial width of chalcopyrite mineralisation in DD hole MO-G-13D (subject to assay confirmation). There are currently 16 DD holes drilled (13 completed).
• Key results for down-hole intersections include:
• Hole MO-G-04D
• 12.08m @ 1.29% Cu and 26.7ppm Ag from 182m
• 10.00m @ 1.04% Cu and 17.1ppm Ag from 223m
• Hole MO-G-05D
• 34.85m @ 1.00% Cu and 14.0ppm Ag from 161m, including; ◦ 6.28m @ 2.50% Cu and 47.3ppm Ag from 177m
• Hole MO-G-06D
• 6.00m @ 1.87% Cu and 37.9ppm Ag from 223m
The three holes were designed to intersect the northerly dipping mineralisation at depth, and are orientated with an azimuth of 160deg and dip of 60deg. Hole MO-G-05D is located 200m east of MO-G-03D on T3 Section #1, whilst MO-G-04D and MO-G-06D are 200m and 400m west of MO-G-03D respectively. MO-G-04D reached a down hole depth of 264m, MO-G-05D reached 269m and MO-G-06D reached 260m. Results from the continuing drilling programme will be released as they become available following geological interpretation.
Current Exploration Programme Plan
The Resource drilling programme at T3 is concentrating on the current 800m strike length of the T3 deposit, delineating the upper (UZ) and lower (LZ) copper/silver mineralization, from circa 60m vertical depth to 200m depth. The planned programme currently consists 29 diamond core drill holes at 100m collar spacing. Additional samples will be taken to enable metallurgical testwork on the copper/silver mineralisation. The completion of the maiden Mineral Resource estimate for T3 is planned for Q3 2016.
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).
MOD outline details of the current exploration procedures being employed on the project (JORC 2012 Table 1), a drill plan and section and tabulated assay data in their news release dated 15 June 2016. The work is being managed on the ground 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=5360568
Metal Tiger Plc
("Metal Tiger" or the "Company")
Botswana Copper/Silver Project Update
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 diamond drilling 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 the Target 3 (T3) Prospect diamond drilling programme progress and preliminary geological observations, are provided below. In addition we would refer to the announcement released today by MOD Resources which contains images and diagrams that may assist readers in an understanding of the project and the drilling being undertaken. This announcement can be viewed through the following link:
http://search.asx.com.au/s/search.html?query=mod&collection=asx-meta&profile=web
Paul Johnson Chief Executive Officer of Metal Tiger commented I am pleased to report further positive results from the exploration programme at T3 and would note that the resource area now extends to a one kilometre strike length.
Since the original discovery the JV has tested only a small portion of the potential around T3 and there is further opportunity to identify additional mineralisation around the existing drill tested areas. The addition of a further diamond drill rig will assist with this work.
As the activities of the JV continue to expand we look forward to reporting more data from the exploration work to the market.
Highlights:
• MTR is pleased to confirm the delineation of a new 3km long copper/zinc anomaly from the continuing soil sampling programme. The anomaly which is located approximately 3.5km northeast of the T3 Resource drilling area, will be tested by reverse circulation drilling.
• Assay results have been received for three diamond drill (DD) holes (MO-G-04D to MO-G-06D) within the Resource drilling area.
• All three DD holes have intersected wide zones of >1% copper mineralisation, along a 600m strike length in the centre of the Resource target area.
• A third diamond core rig has arrived onsite to fast track the Resource drilling programme, and to test deeper targets associated with Induced Polarization (IP) geophysics anomalies.
• The T3 target area now extends over a 1km strike length following the intersection of a substantial width of chalcopyrite mineralisation in DD hole MO-G-13D (subject to assay confirmation). There are currently 16 DD holes drilled (13 completed).
• Key results for down-hole intersections include:
• Hole MO-G-04D
• 12.08m @ 1.29% Cu and 26.7ppm Ag from 182m
• 10.00m @ 1.04% Cu and 17.1ppm Ag from 223m
• Hole MO-G-05D
• 34.85m @ 1.00% Cu and 14.0ppm Ag from 161m, including; ◦ 6.28m @ 2.50% Cu and 47.3ppm Ag from 177m
• Hole MO-G-06D
• 6.00m @ 1.87% Cu and 37.9ppm Ag from 223m
The three holes were designed to intersect the northerly dipping mineralisation at depth, and are orientated with an azimuth of 160deg and dip of 60deg. Hole MO-G-05D is located 200m east of MO-G-03D on T3 Section #1, whilst MO-G-04D and MO-G-06D are 200m and 400m west of MO-G-03D respectively. MO-G-04D reached a down hole depth of 264m, MO-G-05D reached 269m and MO-G-06D reached 260m. Results from the continuing drilling programme will be released as they become available following geological interpretation.
Current Exploration Programme Plan
The Resource drilling programme at T3 is concentrating on the current 800m strike length of the T3 deposit, delineating the upper (UZ) and lower (LZ) copper/silver mineralization, from circa 60m vertical depth to 200m depth. The planned programme currently consists 29 diamond core drill holes at 100m collar spacing. Additional samples will be taken to enable metallurgical testwork on the copper/silver mineralisation. The completion of the maiden Mineral Resource estimate for T3 is planned for Q3 2016.
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).
MOD outline details of the current exploration procedures being employed on the project (JORC 2012 Table 1), a drill plan and section and tabulated assay data in their news release dated 15 June 2016. The work is being managed on the ground 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=5360568
banjomick
- 15 Jun 2016 08:23
- 48 of 474
Metal Tiger @metaltigerplc · 21h21 hours ago
Botswana Resource Conference - presentation room!!
https://twitter.com/metaltigerplc
Agenda – Wednesday 15th June
11:40 - 12:00
MOD Resources and Metal Tiger
Julian Hanna
http://www.capconferences.com/agenda-wednesday-15th-june
Botswana Resource Conference - presentation room!!
https://twitter.com/metaltigerplc
Agenda – Wednesday 15th June
11:40 - 12:00
MOD Resources and Metal Tiger
Julian Hanna
http://www.capconferences.com/agenda-wednesday-15th-june
banjomick
- 16 Jun 2016 08:13
- 49 of 474
Metal Tiger Plc
("Metal Tiger" or the "Company")
Further Investment Thor Mining
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce a further investment in Thor Mining plc (Thor)(AIM:THR).
Metal Tiger has acquired an additional 85,000,000 Thor Mining shares through on-market purchases representing an additional amount invested of 25,382 and thus an average price per share of 0.02986p.
Following this acquisition Metal Tiger holds 197,000,000 shares representing 4.04% of Thor Minings issued share capital.
In addition Metal Tiger participated in the Thor placing announced on 17 May 2016 and has agreed to acquire a further 288,000,000 placing shares, subject to the passing of resolutions at Thors General Meeting scheduled to take place on 23 June 2016. In total Metal Tiger would then hold 485,000,000 shares in Thor Mining representing 8.45% of the issued share capital at that time.
Thor Mining reported a loss of 915,000 for the year ended 36.06.15 and unaudited net assets of 8,992,000 as at 31.12.15.
http://www.moneyam.com/action/news/showArticle?id=5361425
("Metal Tiger" or the "Company")
Further Investment Thor Mining
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce a further investment in Thor Mining plc (Thor)(AIM:THR).
Metal Tiger has acquired an additional 85,000,000 Thor Mining shares through on-market purchases representing an additional amount invested of 25,382 and thus an average price per share of 0.02986p.
Following this acquisition Metal Tiger holds 197,000,000 shares representing 4.04% of Thor Minings issued share capital.
In addition Metal Tiger participated in the Thor placing announced on 17 May 2016 and has agreed to acquire a further 288,000,000 placing shares, subject to the passing of resolutions at Thors General Meeting scheduled to take place on 23 June 2016. In total Metal Tiger would then hold 485,000,000 shares in Thor Mining representing 8.45% of the issued share capital at that time.
Thor Mining reported a loss of 915,000 for the year ended 36.06.15 and unaudited net assets of 8,992,000 as at 31.12.15.
http://www.moneyam.com/action/news/showArticle?id=5361425
banjomick
- 16 Jun 2016 10:32
- 50 of 474
banjomick
- 17 Jun 2016 10:39
- 51 of 474
Presentation from the Botswana Resource Conference (15th June 2016):
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