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Metal Tiger PLC (MTR)     

banjomick - 10 May 2016 16:21

logo.png                  
                                                     

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.



Chart.aspx?Provider=Intra&Code=MTR&Size=480&Skin=RedWhite&Scale=0&Type=2&Cycle=MINUTE1&Layout=Intra;IntraDate&E&Ind=VOLMA(60);&Layout=Intra;IntraDate&E=UK&YFormat=&XCycle=Hour2&Fix=1&SV=0Chart.aspx?Provider=EODIntra&Code=MTR&Size=480&Skin=BlackBlue&Type=2&Scale=0&Span=MONTH6&MA=&EMA=&OVER=&IND=VOLMA;&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0


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

dreamcatcher - 20 Mar 2017 19:59 - 326 of 474

Looking for 3p tomorrow.

dreamcatcher - 23 Mar 2017 21:06 - 327 of 474

Great day.

banjomick - 28 Mar 2017 16:30 - 328 of 474

Tuesday 28 March, 2017
Metal Tiger plc

Term Sheet Signed with Sprott Private Wealth LP for £3.0 Million Financing

“Not for distribution to U.S. news wire services or dissemination in the United States.”
“This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.”


Metal Tiger Plc

Term Sheet Signed with Sprott Private Wealth LP for £3.0 million financing
Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that it has signed a term sheet and engagement letter with Sprott Private Wealth LP (“Sprott”) as exclusive agent for and on behalf of Metal Tiger plc, as part of a £3 million private placement (the “Offering”).

The net proceeds from the Offering will be used to fund Metal Tiger’s portion of its commitment to 2017 budget for its Joint Venture (“JV”) project with partners MOD Resources (ASX:MOD) in the Kalahari Copper Belt in Botswana (30% Metal Tiger / 70% MOD Resources) as well as for working capital and general corporate purposes.

Shareholders should note that the Offering is conditional on certain conditions being met before the closing date of 17 April 2017 (“the Closing Date”). If these conditions are not met by the Closing Date, the Offering may not occur and Metal Tiger may not raise the £3m. The Closing Date may be changed upon mutual agreement of Sprott and Metal Tiger.

Terms of the Offering:

100,000,000 units of the Company (the “Units”) at a fixed price of £0.03 per unit (£3,000,000).

Institutional investors are expected to subscribe for the majority of the placing and the Offering will close at 4pm EST on the date of this announcement. Metal Tiger may at its discretion, should the Offering be oversubscribed, elect to accept a larger fundraise than £3,000,000.

The closing date of the fundraising is expected to be on or around the 17 April 2017 and will be subject to certain conditions highlighted below (the “Closing Conditions”).
Each Unit will consist of one ordinary share in the capital of the Company (an “Ordinary Share”) and one Ordinary Share purchase warrant (“Warrant”).

Each Warrant will be transferable and entitle the holder to acquire one Ordinary Share (a “Warrant Share”) for five years from the Closing Date at a price of £0.06.
Metal Tiger will pay a 6% commission on Units placed by Sprott.

On the Closing Date, or on the admission date of shares trading to AIM, the Company shall issue to Sprott the number of non-transferable common share purchase warrants (“Finder Warrants”) that equals 3.0% of the Units placed by Sprott. Each Finder Warrant permits the purchase of one Warrant Share for five years from the Closing Date at a price of £0.03 per unit.

The Offering jurisdictions for this Offering will be all of the provinces of Canada pursuant to available private placement exemptions, such offshore jurisdictions as may be agreed to between the Company and Sprott Private Wealth LP and in the United States on a private placement basis only under Regulation D, Rule 144A or Regulation S of the United States Securities Act of 1933, as amended, or other available registration exemptions in the United States; provided that no prospectus, registration statement or similar document is required to be filed in such jurisdiction and the Company does not become subject to continuous disclosure obligations in such jurisdiction.

The Offering is contingent upon the Closing Conditions being satisfactory results of corporate due diligence on Metal Tiger including favourable legal opinions of counsel to Metal Tiger in connection with corporate, securities and title matters (including a title opinion in respect of Metal Tiger’s material mineral properties on which the proceeds of the Offering are planned to be expended). The Offering will also be conditional upon regulatory approvals.

Upon completion of due diligence; which the Directors of Metal Tiger believe should be approximately a two week process, Metal Tiger will enter into an agency agreement with Sprott and Sprott’s and Metal Tiger’s respective legal counsel will draft a suitable subscription agreement for the placees that have taken book orders with Sprott.

Michael McNeilly, Chief Executive Officer of Metal Tiger plc commented: “We are extremely pleased to have attracted the attention of Sprott. Sprott Private Wealth LP and its affiliates, one of the leading North American natural resources investors, have recognised the exceptional quality of the T3 copper discovery in Metal Tiger’s Joint Venture with MOD Resources, as well as the highly prospective exploration potential of our other JV exploration licences. With this capital raise, we will be in a strong position to advance the T3 exploration and feasibility study programme with MOD Resources during 2017, and I look forward to providing our shareholders with further updates on progress.”

A further announcement will be made in due course.

http://www.investegate.co.uk/metal-tiger-plc/mtr/term-sheet-signed-with-sprott-private-wealth-lp---/20170328140300Z0601/?fe=1&utm_source=FE Investegate Alerts&utm_medium=Email&utm_content=Announcement Alert Mail&utm_campaign=Metal Tiger plc Alert

geoffsh - 28 Mar 2017 22:22 - 329 of 474

Taken from Hotcopper.






An outstanding announcement from the Botswana JV partner today, MTR.

http://www.investegate.co.uk/metal-...ott-private-wealth-lp---/20170328140300Z0601/

Sprott Private Wealth LP will act as exclusive agent for a £3m sterling private placing to North American investors, expected to be dominated by institutional investors.

Imho, the Sprott name gives the JV instant credibility to NA investors - Sprott is one of the leading, if not the premier, natural resources investor in North America. Many will have heard of Rick Rule for example, who is Sprott CEO.

Sprott are one of the best institutional investors in the business, so for the Botswana JV to have attracted their attention is an absolutely huge validation of the T3 project.

Just doing further research on Sprott. Take this quote for example:

"Sprott Resource Corp., SRC (SCPZF), employs a disciplined approach when looking for investments. You can take this with a grain of salt but the company lists the fact that they have done due diligence on over 1,000 deals. They have only taken part in 12, for around a 1% transaction rate. This shows them to be very risk-averse. The management team obviously has a deep-value mentality. They believe in buying low and selling high; not in the momentum game of buying high and trying to sell higher. Sprott doesn’t look for companies with exploration risk. Rather, they look for resources that are mispriced, meaning they have something unique about them or are scarce. They also, like CUSH, look for management teams that are experienced and they expect their management teams to be personally invested in their companies. ​


banjomick - 29 Mar 2017 09:37 - 330 of 474

Wednesday 29 March, 2017
Metal Tiger plc

Sprott Private Placement Offering Raises £4.29 million

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that further to its announcement yesterday regarding the signing of a term sheet and engagement letter with Sprott Capital Partners (“Sprott”), that the Offering, run by Sprott closed at 4pm EST yesterday and was oversubscribed. Metal Tiger has elected to accept £4.29 million on the same terms as announced yesterday at the fixed price of 3p per unit under the Offering.

The net proceeds of this Offering will be used to fund Metal Tiger’s portion of its commitment to 2017 budget for its Joint Venture (“JV”) project with partners MOD Resources (ASX:MOD) in the Kalahari Copper Belt in Botswana (30% Metal Tiger / 70% MOD Resources) as well as for working capital and general corporate purposes.

Shareholders should note that the Offering is conditional on certain conditions being met before the closing date of 17 April 2017 (“the Closing Date”) as set out in the announcement yesterday. If these conditions are not met by the Closing Date, the Offering may not occur and Metal Tiger may not raise the £4.29 million. The Closing Date may be changed upon mutual agreement of Sprott and Metal Tiger.

Michael McNeilly, Chief Executive Officer of Metal Tiger plc commented: “We are extremely pleased with the strong demand for this Offering, which was oversubscribed and brings new long term institutional shareholders on to the shareholder register. We look forward to working with Sprott to complete this fundraising process over the coming weeks and which will place Metal Tiger in a position of considerable strength with exceptionally supportive shareholders to continue to fund its copper projects in joint venture with MOD Resources in Botswana.”

A further announcement will be made in due course.

http://www.investegate.co.uk/metal-tiger-plc/mtr/sprott-private-placement-offering-raises--4-29---/20170329090300Z0669/?fe=1&utm_source=FE Investegate Alerts&utm_medium=Email&utm_content=Announcement Alert Mail&utm_campaign=Metal Tiger plc Alert

banjomick - 29 Mar 2017 14:40 - 331 of 474

13:10

Broker Forecast - VSA Capital issues a broker note on Metal Tiger Plc Ord 0.01p
BFN

VSA Capital today reaffirms its buy investment rating on Metal Tiger Plc Ord 0.01p (LON:MTR) and set its price target at 4.80p.

http://www.moneyam.com/action/news/showArticle?id=5521845

banjomick - 30 Mar 2017 09:00 - 332 of 474

Metal Tiger Plc
("Metal Tiger" or the "Company")


Botswana Copper/Silver Project Drilling Extends New Zone of Mineralisation below T3 Resource

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update regarding 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). Metal Tiger also holds 81,102,302 MOD shares, equivalent to 4.4345% of MODs issued share capital and 1,541,667 MOD warrants at an exercise price of 6 cents (Australian). Activities in Botswana are conducted under the JVs local operating company Tshukudu Metals Botswana (Pty) Ltd.

The T3 infill and extension drilling programme has extended the substantial new copper zone (Zone 2) and intersected a third mineralised zone (Zone 3), with significant disseminated copper mineralisation intersected, directly below the current T3 Resource.

Highlights:

Extent of the Zone 2 disseminated copper mineralisation, located directly below the current T3 Resource now delineated over an extended circa 700m strike length.

Central core of Zone 2 includes the 72.6m @ 1.5% Cu & 27g/t Ag (reported 6 March 2017)

Significant disseminated copper intersected within the recently discovered Zone 2 and Zone 3, grade of these disseminated intersections will be determined from awaited assay results.

Sufficient drilling has now been completed to enable the potential upgrade of the Resource and to expand the Prefeasibility Study.

ALS Laboratories staffed sample preparation facility to be installed onsite to accelerate the assay turnaround.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:
The T3 drilling programme continues to deliver results and the programme is demonstrating there exists a further, substantial copper zone beneath T3. An upgrade to the Resource is highly possible with the eagerly awaited assay results for the Zone 2 mineralisation and could significantly add to the already positive economics and de-risk a proposed open pit mining operation.

We look forward to keeping our shareholders updated with outstanding assay results as they become available for release.

For further images and diagrams that may assist readers in the visualisation of the mineralisation and the reported drill collar locations, we would refer to the announcement released today by MOD Resources. This announcement can be viewed through the following link:

http://search.asx.com.au/s/search.html?query=mod&collection=asx-meta&profile=web

Shareholders should note that the timing of MOD announcements are outside the control of MTR, however MTR does its utmost to announce the drill results and important updates as soon as practicable after MOD makes its announcement to the ASX. MTR are only made aware of drill results and important updates immediately prior to the MOD release.

***More from Link Below***

http://www.moneyam.com/action/news/showArticle?id=5522348

banjomick - 30 Mar 2017 12:06 - 333 of 474

SnDqxMK1_400x400.jpg
UK Investor Show 1st APRIL 2017

•2,500+ people attended in 2016
•More than 120 PLCs to man stalls. present and explain their business

Metal Tiger are at this event:

https://www.ukinvestorshow.com/

https://www.ukinvestorshow.com/companies/

banjomick - 18 Apr 2017 07:46 - 334 of 474

Metal Tiger Plc

Update on Sprott Private Placement Offering

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that further to the announcements on the 28 and 29 March 2017 relating to the Sprott Private Placement Offering, shareholders should note that Sprott and Metal Tiger have mutually agreed to extend the Closing Date from the 17 April 2017 to the 20 April 2017.

Shareholders should note that the Offering is conditional on certain conditions being met before the closing date of 20 April 2017. If these conditions are not met by the Closing Date, the Offering may not occur and Metal Tiger may not raise the GBP4.29m. The Closing Date may be changed upon mutual agreement of Sprott and Metal Tiger.

http://www.moneyam.com/action/news/showArticle?id=5532417

banjomick - 21 Apr 2017 08:17 - 335 of 474

Metal Tiger Plc

Sprott Private Placement Closes raising GBP4.85m

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that, further to the announcements on 29 March and 18 April 2017, it has closed its private placement offering, run by Sprott Capital Partners ("Sprott"), raising a total of GBP4,390,000 through Sprott and a further GBP460,000 through a placing and subscription of shares in the Company.

This represents the largest fundraise by the Company to date.

Highlights:


-- Placing of 161,666,666 new ordinary shares in Metal Tiger at a placing
price of 3p per ordinary share (the "Placing Shares") raising gross
proceeds of GBP4,850,000.

-- Issue of 161,666,666 warrants to subscribe for 1,666,666 new ordinary
shares in Metal Tiger at an exercise price of 6p per warrant, within a
5 year exercise period.

-- Sprott to receive 4,850,000 Finder Warrants equal to3.0% of shares
issued under the Placing. Each Finder Warrant permits the purchase of
one Warrant Share for five years from the Closing Date at a price of
GBP0.03 per unit. Upon exercise of a Finder Warrant, Sprott will be
entitled on a 1 for 1 basis to a 6p warrant with a 5 year validity. In
the event that Sprott exercised all of its 3p warrants it would be
entitled to a further 4,850,000 warrants at 6p with a 5 year validity.

-- Placing taken place at a circa 9% premium to the previous day closing
price.

-- Placing includes UK and international investors, with GBP460,000 coming
from the UK with the international funds coming primarily from
institutional investors.

-- Largest fund raise to date for Metal Tiger providing funds for the
Company to advance its interests across its mining portfolio of assets
in particular T3 in Botswana where Metal Tiger has a JV with MOD
Resources, and an economic interest of 30% in the T3 project.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

"This is a significant moment for the Company raising GBP4.85m with the majority coming from institutional investors. The level of institutional support has been extremely satisfying and is demonstrable of the maturity and evolving nature of the business since the beginning of the financial year.

Metal Tiger is now well positioned to advance its main direct project interests, in particular matching its important 30% contribution toward the JV in Botswana both in regards to further exploration and to the T3 project as it moves up the development curve through PFS, DFS and ultimately to a decision to mine. This raise also gives Metal Tiger greater comfort with regard to the spin out of its Thai assets.

On behalf of the Board I thank all our existing and new shareholders for their support and we look forward to updating them further as we deliver material value."

The Placing Shares are expected to be admitted to trading on or around 27 April 2017. Following the issue of the 161,666,666 Placing Shares, the number of ordinary shares in issue in the Company will increase to 955,541,843 ordinary shares with one voting right each. 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 of 955,541,843 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=5534920

banjomick - 21 Apr 2017 12:54 - 336 of 474

Metal Tiger placing raises £4.85mln in total, more than expected after extension
11:51 21 Apr 2017

The AIM-listed firm said the fundraise, the largest by the company to date, included a total of £4.39mln raised through Sprott Capital Partners – above the £4.29mln targeted

757z468_MetalTiger.jpg

Metal Tiger PLC (LON:MTR) said its private placement offering, run by Sprott Capital Partners has raised even more than expected, with gross proceeds of £4.85mln received by the closing date yesterday.

The AIM-listed strategic natural resources investor said the fundraise, the largest by the company to date, included a total of £4.39mln raised through Sprott – above the £4.29mln targeted – while a further £460,000 was raised through a placing and subscription of shares by the company.

The group said 161,666,666 new ordinary shares in Metal Tiger were placed at a price of 3p each, while 161,666,666 warrants to subscribe for 1,666,666 new ordinary shares were also issued at an exercise price of 6p per warrant, within a 5 year period.

Meanwhile, Metal Tiger said bookrunner Sprott will receive 4,850,000 Finder Warrants in Metal Tiger, equal to 3.0% of shares issued under the placing, permitting the purchase of one Warrant Share for five years from the offer closing date at a price of 3p per unit.

Upon exercise of a Finder Warrant, Sprott will also be entitled on a 1 for 1 basis to a 6p warrant with a 5 year validity which could see the private wealth group entitled to a further 4,850,000 warrants at a 6p exercise price with a 5 year validity.

In late morning trading today, Metal Tiger shares were 7%, or 0.2p higher at 2.95p.

In a note to clients following today’s news, broker VSA Capital reiterated a ‘buy’ rating on Metal Tiger but reduced their target price for the stock by 17% to 4p to reflect the dilution from the placing.

In its statement, Metal Tiger said the placing included contributions from UK and international investors, with £460,000 coming from the UK, while the international funds primarily came from institutional investors.

Level of institutional support "extremely satisfying", says Metal Tiger boss

Michael McNeilly, Metal Tiger’s chief executive officer, said: “The level of institutional support has been extremely satisfying and is demonstrable of the maturity and evolving nature of the business since the beginning of the financial year."

The cash call funds will be used for the company to advance its interests across its mining portfolio, but in particular for the T3 project in the Kalahari Copper Belt in Botswana where Metal Tiger has a joint venture with MOD Resources.

McNeilly added: “Metal Tiger is now well positioned to advance its main direct project interests, in particular matching its important 30% contribution toward the JV in Botswana both in regards to further exploration and to the T3 project as it moves up the development curve through PFS, DFS and ultimately to a decision to mine.

“This raise also gives Metal Tiger greater comfort with regard to the spin out of its Thai assets.“

Metal Tiger first announced plans to raise some cash at the end of March, although it was only originally looking to generate £3mln, but it expanded that target and also extended the closing date for three days to April 20.

69060_163846843643689_7687549_n.jpg?oh=d

geoffsh - 23 Apr 2017 23:51 - 337 of 474

.











....................................Exciting times ahead............




.................MOD news.................




http://www.asx.com.au/asxpdf/20170424/pdf/43hpglnpq01gz7.pdf




Exciting times ahead!

banjomick - 24 Apr 2017 10:36 - 338 of 474

24 April 2017
Metal Tiger Plc

Botswana Copper/Silver Project ? T3 Drilling & IP Geophysics Results

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update regarding 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). Metal Tiger also holds 81,102,302 MOD shares, equivalent to 4.4345% of MOD?s issued share capital and 1,541,667 MOD warrants at an exercise price of 6 cents (Australian). Activities in Botswana are conducted under the JV?s local operating company Tshukudu Metals Botswana (Pty) Ltd.

Assay results from a further 4 diamond drill holes (MO-G-63D, MO-G-64D, MO-G-66D & MO-3R-07D) have confirmed intersections of the recently discovered Zone 2 and Zone 3 copper mineralisation which is directly below the current T3 Resource (Zone 1). Assays are awaited from an additional 11 T3 Resource holes and 8 geotechnical holes.

Highlights:

-Assay results from a further 4 drill holes received, confirming significant intersections from all three zones of copper mineralisation at T3
-Zone 3 (300m below the current T3 Resource) may be part of a more extensive mineralised contact.
-Induced Polarisation (IP) geophysics study has identified two significant anomalies north of T3, now high priority drill targets.
-Airborne Electromagnetics (EM) geophysics survey to target other potential T3 type deposits along T3 Dome.
-Soil surveying underway over extensive regional areas including >40km long T20 Dome.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

With the closing of the ?4.85m fund raising last week, and the institutional support for our Botswana JV, Metal Tiger is now in a strong position to move the T3 project and the surrounding exploration portfolio up the value curve.

The recent drill assays continue to build out potential depth extensions to the T3 deposit whilst the findings of the recent IP geophysics study have identified a further two geophysical anomalies worthy of high priority drill testing.

We are also excited by the prospect of trialling helicopter-borne electromagnetics geophysics to rapidly delineate conductive sulphide and structural related drill targets in the wider T3 Dome.

For further images and diagrams that may assist readers in the visualisation of the mineralisation and the reported drill collar locations, we would refer to the announcement released today by MOD Resources. This announcement can be viewed through the following link:

http://search.asx.com.au/s/search.html?query=mod&collection=asx-meta&profile=web

Shareholders should note that the timing of MOD announcements are outside the control of MTR, however MTR does its utmost to announce the drill results and important updates as soon as practicable after MOD makes its announcement to the ASX. MTR are only made aware of drill results and important updates immediately prior to the MOD release.


****More via Link Below****


http://www.moneyam.com/action/news/showArticle?id=5535841

geoffsh - 01 May 2017 21:30 - 339 of 474

.








.............................MOD's quarterleys............................











http://www.asx.com.au/asxpdf/20170501/pdf/43hxb22f5qnzs6.pdf

banjomick - 02 May 2017 08:31 - 340 of 474

Metal Tiger Plc
("Metal Tiger" or the "Company")

Director and Thai Competent Person Report update

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that the Company has taken delivery of the first draft PEA CPR relating to the Song-Toh and Boh Yai silver lead zinc mines from SRK and is currently working with the SRK team to enhance the project fundamentals and optimise the economics at the PEA level.

The draft updated PEA CPR has provided the company with more confidence with regard to the mineralisation interpretation, mine schedule and project costs. The techno-economic work is also highlighting areas for ongoing studies to increase revenue and cost accuracy for any future studies. The Company will update the market when the report is finalised.

Director update
With effect from 1st May 2017, Geoff McIntyre has stepped down from his Executive post with Metal Tiger to become a Non-Executive director of the Company. Geoff has been instrumental in helping with the proposed Thai IPO and seeing as the IPO has significantly progressed with the appropriate management having been put in place for the spin out, Geoff and the Board believe it makes more sense for a reduced time commitment.

Geoff will be spending more time on his personal business interests but will still make a very valuable contribution to the ongoing success of Metal Tigers interests. The Board wishes Geoff every success with his personal ventures and looks forward to working with him during his continued association with the Company.

http://www.moneyam.com/action/news/showArticle?id=5540808

banjomick - 08 May 2017 16:37 - 341 of 474

Metal Tiger Plc

Semenovsky Tailings Project update

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that the Company, in line with its previously stated new strategic objectives, has opted not to pursue its interest in the Semenovsky Tailings Project (STP), which was financed 50:50 with Eurasia Mining plc (AIM:EUA). This leaves EUA in a better position to fund its interests in STP with new project finance. The Company will no longer have an interest in STP and will concentrate its resources on its core project interests.

http://www.moneyam.com/action/news/showArticle?id=5545151

banjomick - 24 May 2017 08:25 - 342 of 474

Metal Tiger plc

Botswana Copper/Silver Project T3 Progress Update


Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update regarding 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). Metal Tiger also holds 81,102,302 MOD shares, equivalent to 4.4345% of MODs issued share capital and 1,541,667 MOD warrants at an exercise price of 6 cents (Australian). Activities in Botswana are conducted under the JVs local operating company Tshukudu Metals Botswana (Pty) Ltd. (Tshukudu).

Highlights:

'T3 Environmental Management Plan (EMP) will be lodged within next few days.

'Reduced level of environmental assessment to the level of soon to be lodged 'Environmental Management Plan, should allow for earlier advancement of the next phase of drilling at T3.

'High priority drill targets include two Induced Polarisation (IP) geophysics anomalies 800m north of T3 and the Zone 3 mineralisation below the T3 Resource.

'Airborne Electromagnetics (EM) geophysics survey to start soon to identify potential new conductors on T3 Dome.

'Prefeasibility Study (PFS) related hydrological, metallurgical and geotechnical studies and flora/fauna studies and stakeholder meetings progressing well.

'Regional exploration focussed on large T20 Dome with first results expected soon.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:
We are very pleased to report that following consultation, the Department of Environmental Affairs has agreed that an Environmental Management Plan will suffice for permitting further Resource drilling at T3 and the drill testing of the various exciting targets in the wider T3 area.

This decision is significant as it should allow drilling to resume sooner than would have been required if the JV had had to conduct the more detailed studies of an Environmental Impact Statement for the drilling permits. Considering the required EMP public review period we now expect the drilling to resume in July. In the meantime, work will continue on the T3 Prefeasibility Study, the airborne EM geophysics survey and continuing soil sampling programmes.

Whilst drill rigs have been on break, planning work and feasibility study works have been progressing well and we look forward to reporting the findings of the T20 soil programme in due course.

For further images and diagrams that may assist readers in the visualisation of the mineralisation and the reported drill collar locations, we would refer to the announcement released today by MOD Resources. This announcement can be viewed through the following link:
http://search.asx.com.au/s/search.html?query=mod&collection=asx-meta&profile=web

Shareholders should note that the timing of MOD announcements are outside the control of MTR, however MTR does its utmost to announce the drill results and important updates as soon as practicable after MOD makes its announcement to the ASX. MTR are only made aware of drill results and important updates immediately prior to the MOD release.

***More From Link Below***

http://www.moneyam.com/action/news/showArticle?id=5554741

banjomick - 13 Jun 2017 08:32 - 343 of 474

Botswana Copper/Silver Project T3 Progress Update

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update regarding 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). Metal Tiger also holds 84,602,302 MOD shares, equivalent to 4.533% of MODs issued share capital and 1,541,667 MOD warrants at an exercise price of 6 cents (Australian). Activities in Botswana are conducted under the JVs local operating company Tshukudu Metals Botswana (Pty) Ltd. (Tshukudu).


Highlights:

.Latest assay results confirm significant copper intersections from Geotechnical drill holes around the perimeter of the planned T3 open pit.
.Stand-out results include 46.6m @ 2.1%Cu & 32g/t Ag from 96m downhole.
.All outstanding drill hole assay results for Zones 1, 2 & 3 expected by end of June.
.Updated Mineral Resource Estimate to include Zones 1 & 2 expected for completion in July.
.Continuity and upside potential of T3 mineralisation reinforced by latest results.
.Tshukudu Metals presenting at the Botswana Resource Conference in Gaborone on 13th June.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:
We are excited by the strong mineralisation intersections in the geotechnical holes drilled to help plan the open pit design. Whilst we expected and planned for some mineralisation intersections as work progressed to optimise the extent of the open pit design, the impact of intersecting 46.6m @ 2.1%Cu & 32g/t Ag in hole Geotech 7 on the eastern side of the planned pit will be considered as part of pit design optimisation.

For the second year running, Metal Tiger is also pleased to attend the Botswana Resource Sector Conference (BRSC) in Gaborone today. Our technical director Alastair Middleton is meeting interested parties whilst the JV company, Tshukudu, presents an update to the conference on Companys activities.

For further images and diagrams that may assist readers in the visualisation of the mineralisation and the reported drill collar locations, we would refer to the announcement released today by MOD Resources. This announcement can be viewed through the following link:
http://search.asx.com.au/s/search.html?query=mod&collection=asx-meta&profile=web

Shareholders should note that the timing of MOD announcements are outside the control of MTR, however MTR does its utmost to announce the drill results and important updates as soon as practicable after MOD makes its announcement to the ASX. MTR are only made aware of drill results and important updates immediately prior to the MOD release.


Geotechnical Drilling

A total of eight wide diameter geotechnical holes have been drilled to provide information for the open pit mine design work, a constituent of the current T3 Prefeasibility Study (PFS) works. These diamond core holes were drilled around the perimeter of the planned T3 pit, to enable; geotechnical engineering calculations on rock strength and stability to optimise the pit design; and to provide larger metallurgical samples for ore processing test work.

The geotechnical hole mineralisation intersections (see below) confirm the initial pit design whilst the encouraging wide intersections are being interpreted to determine any impact on the T3 Resource. Further work will test the potential for pit expansion around Zone 1 and the underlying Zone 2. The understanding of the geology and structural controls of T3 is growing and providing more confidence to target the next set of drill holes.

Key results for down-hole intersections in the Geotechnical drill holes include:

Hole Geotech 1
10.7m @ 1.1% Cu & 64g/t Ag from 68m
4.0m @ 2.7% Cu & 50g/t Ag from 120m
27.8m @ 0.8% Cu & 15g/t Ag from 179m
Hole Geotech 2
6.9m @ 0.7% Cu & 14g/t Ag from 65m
7.3m @ 1.2% Cu & 8g/t Ag from 77m
29.0m @ 1.9% Cu & 18g/t Ag from 107m
4.7m @ 1.3% Cu & 7g/t Ag from 178.3m
Hole Geotech 3
7.3m @ 1.6% Cu & 18g/t Ag from 166m
4.2m @ 1.1% Cu & 18g/t Ag from 175.2m
Hole Geotech 4
14.2m @ 1.2% Cu & 20g/t Ag from 172m
Hole Geotech 5
6.7m @ 1.2% Cu & 6g/t Ag from 86.3m
19.0m @ 1.0% Cu & 21g/t Ag from 124m
Hole Geotech 6
7.0m @ 1.2% Cu & 11g/t Ag from 155m
13.0m @ 0.7% Cu & 12g/t Ag from 195m
Hole Geotech 7
46.6m @ 2.1% Cu & 32g/t Ag from 96m
Hole Geotech 8
33.6m @ 1.2% Cu & 6g/t Ag from 111m

The holes were drilled in various directions and reported intersection widths do not represent true widths. A graphic illustrating the location of the drill holes with regard to the current open pit design is included in the MOD release and will be available on the Metal Tiger website http://www.metaltigerplc.com.


Botswana Resource Conference

Representatives from Metal Tiger and MOD Resources will be in attendance at the Botswana Resource Sector Conference (BRSC) in Gaborone today. The BRSC, is the largest annual investment conference in Botswana attended by various institutional investors, brokers, and government representatives.

Tshukudu will be presenting an update on the Companys activities including the numerous meetings held in Ghanzi District with government agencies, local farmers and community groups as part of Tshukudus stakeholder engagement process. Tshukudu is the largest explorer and licence holder and is already well known in the district. The meetings were positive and there is support to enable Tshukudu to expand its activities, develop T3 into a potential mine and increase local employment and training.

The BRSC presentation is available on the MOD Resources website http://www.modresources.com.au.


Planned Activity Summary

Further to the planned work timeline provided on 24th May 2017, the current status of planned activities for the next few months include:

June
An update on potential drilling targets identified from the T20 Dome soil sampling programme and planned Airborne EM survey of the T3 Dome is to follow shortly.
Outstanding assay results from the recent Zone 2 drilling expected by end of June and will be incorporated into the revised Mineral Resource Estimate targeted for completion in July (see below).

July
T3 Mineral Resource Estimate upgrade to include both Zone 1 and Zone 2 mineralisation.
Drilling at T3 and elsewhere along the T3 Dome is expected to resume after approval of the environmental management plan (EMP) lodged with the Department of Environmental Affairs.
Drilling to include two potentially significant IP geophysics anomalies north of T3 Resource.
Complete T20 Dome soil sampling programme to identify drilling targets.

August
Systematic drilling of the Zone 3 mineralised contact, below the T3 Resource.

Third Quarter 2017
Finalise metallurgical, mining and processing studies for the T3 PFS.


Background

The T3 Project 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 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 T3 deposit was discovered in March 2016 when a reverse circulation (RC) drill hole intersected 52m @ 2.0% Cu and 32g/t Ag from shallow depth. The maiden T3 JORC compliant Mineral Resource was announced on 26 September 2016. The results of a Scoping Study for an open pit mine at T3 with a 2Mtpa processing plant, an indicative mine life of 10 years and an average production rate of 21,800tpa of copper and 665,000oz pa of silver was released on 6 December 2016. Work on a Pre-Feasibility Study (PFS) commenced in January 2017 and additional deeper copper mineralisation was discovered below the T3 Resource in February 2017.

MOD tabulate details of the current exploration procedures being employed on the project (JORC 2012 Table 1), in the appendix to their news release dated 13 June 2017.

The T3 Prospect geological data and exploration results have been reviewed and approved by Jacques Janse van Rensburg, BSc (Hons), Business Development Manager and Competent Person for MOD Resources Ltd.

http://www.moneyam.com/action/news/showArticle?id=5566153

banjomick - 13 Jun 2017 10:25 - 344 of 474

Metal Tiger encouraged by high grade copper indications at edge of mine at T3 in Botswana
09:32 13 Jun 2017

All outstanding drill hole assay results for Zones 1, 2 & 3 are expected by end of June

757z468_shutterstock_239013286_593fa435e

Metal Tiger PLC (LON:MTR) has identified more high grade copper around the edges of the planned open pit at its T3 copper project in Botswana.

Michael McNeilly, chief executive, said the geotechnical holes were drilled to optimise and define the pit design with some intersections expected as work progressed.

However, the high grades, especially the 46.6m at a grade of 2.1% copper and 32g/t silver in hole Geotech 7 on the eastern side of the planned pit would now be considered as part of the pit design optimisation, he said.

All outstanding drill hole assay results for Zones 1, 2 & 3 are expected by end of June, he added, with an updated resource estimate to include Zones 1 & 2.

Metal Tiger has a 30% stake in the project in the Kalahari copper belt in Botswana with Aussie-listed MOD Resources holding the remainder and the operator for the project.

Philip Whiterow

http://www.proactiveinvestors.co.uk/companies/news/179141/metal-tiger-encouraged-by-high-grade-copper-indications-at-edge-of-mine-at-t3-in-botswana-179141.html

banjomick - 13 Jun 2017 13:46 - 345 of 474

Thailand Receipt of KEMCO Competent Person Report Final Draft, Mineral Resource Estimate & Valuation Update

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is delighted to advise that the Company has received the final draft SRK Consulting (UK) Ltd (SRK) Competent Persons Report (CPR) incorporating an independent Mineral Resource Estimate (MRE) and Technical Economic Model (TEM) for the assets of the Companys Thai Joint Venture (KEMCO JV) over the Song-Toh and Boh-Yai silver-lead-zinc mines (the Project) located in Thailand.

It is intended that the KEMCO JV assets, along with Metal Tigers other Thai exploration assets, will be transferred to KEMCO Mining PLC (KEMCO), which is currently a wholly owned subsidiary of Metal Tiger.As announced on 7 March 2017, it is intended that KEMCO will raise further capital and seek admission to trading on the AIM market of the London Stock Exchange (AIM). Post structuring, upon completion of the asset transfer from KEMCO JV, 80% of the Project will be held by KEMCO, resulting in a circa 78% effective dividend interest to KEMCO over the Project. The final CPR is intended to be included in an admission document in relation to KEMCOs proposed admission to trading on AIM, which is expected to occur by the end of Q3 2017.

The SRK CPR provides an update to the findings of the Preliminary Economic Assessment (PEA) undertaken for the Project by ACA Howe in 2013. The SRK report incorporates additional information and data that has become available since 2013, as well as the independent SRK, JORC Code (2012) compliant, MRE and an updated TEM.

SRK has reviewed this news release and have consented to its release. The information in this press release that relates to Mineral Resources is based on information compiled and reviewed by Dr Mike Armitage, who is a full-time employee of SRK and a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.

A summary of the SRK findings and Company comment are provided below.

Michael McNeilly, Chief Executive Officer of Metal Tiger commented: SRK has delivered a high-quality update to the 2013 Preliminary Economic Assessment of the KEMCO mines. Utilising the significant amount of data that has been compiled by the KEMCO team since 2013, SRK has independently presented a material Mineral Resource upgrade and demonstrated the significant value of the KEMCO Project.

****Full Details Via Link below****

http://www.moneyam.com/action/news/showArticle?id=5566646
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