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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
- 30 Mar 2017 12:06
- 333 of 474
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
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
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
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.
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
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.
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!
....................................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
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
.............................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
("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
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
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
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
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
09:32 13 Jun 2017
All outstanding drill hole assay results for Zones 1, 2 & 3 are expected by end of June
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
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
banjomick
- 20 Jun 2017 08:42
- 346 of 474
June 20, 2017 03:29 AM Eastern Daylight Time
LONDON--(BUSINESS WIRE)--
Metal Tiger Plc
Botswana Copper/Silver Project – Regional Exploration 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 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 91,121,626 MOD shares, equivalent to 4.88% 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. (“Tshukudu”).
Highlights:
• T20 Dome soil sampling yields encouraging results: 5 new copper anomalies identified to date.
• Airborne geophysics commenced : trial helicopter electro-magnetic survey over 30km section of the T3 Dome, which hosts the T3 deposit.
Michael McNeilly Chief Executive Officer of Metal Tiger commented:
“Yesterday the joint venture successfully started a new chapter in the exploration of the western Kalahari Copper Belt. As far as we are aware Tshukudu is the first company to employ a high resolution airborne Electro-Magnetic survey technique to look for copper in this part of Botswana. As this is a new approach, the work is initially being run as a trial over and around the known T3 Resource, using the data gathered to fine tune the system with the aim of detecting other as-yet unknown copper deposits along the prospective T3 Dome. We anticipate that, where the technique is proved successful, it will have the potential to greatly accelerate the rate of new target generation over what is a very extensive licence holding.
Also, we are delighted to report that the initial soil sampling programme conducted on the T20 Dome, 100km west of T3, has borne fruit. Five new copper anomalies have been outlined with further infill sampling currently progressing to help constrain targets for follow-up drill testing in due course. It was a similar soil anomaly which first led to the discovery of the T3 Deposit, so we look forward to receiving the infill results.”
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.
T20 Dome Soil Sampling Programme
• Initial, 6km line spaced, soil sampling programme over part of the T20 Dome now completed.
• Soil sample assay results show an initial five potentially significant surface copper (and zinc) anomalies to date. At least two of the five anomalies coincide with regional ENE trending structures interpreted from magnetics.
• Five soil anomalies consist peak copper at 23ppm Cu, 22ppm, 18ppm, 17ppm & 16ppm respectively with associated zinc values ranging up to 45ppm Zn.
• Follow up infill soil sampling traverses now conducted around each of the anomalies. Infill samples will confirm the findings of the initial results and help constrain targets for follow-up drill testing in due course. To date no drilling has been conducted at T20.
• T20 Dome soil sampling programme also being extended to the east and north of Ghanzi to overlap the existing soil anomalies at T4 and T22. This will lead to near continuous coverage of soil sampling data over >100km within Tshukudu licences.
• Tshukudu has also recently applied for an additional prospecting licence along the southern part of the T20 Dome.
• A map depicting the locations of the five initial T20 soil anomalies is included in the MOD release of today.
The T20 Dome is 100km west of the T3 Dome, both are located within the same structural corridor as interpreted from magnetic geophysics survey data. It is noteworthy that the T20 Dome has extensive surface calcrete deposits, similar to the T3 Dome.
It has been shown at T3, that surface calcrete can suppresses the soil copper signature, so that even low order copper anomalies may be significant. The soil sample that led to the discovery of the, shallow depth, T3 deposit was only 28ppm Cu with 27ppm Zn.
The T20 Dome is interpreted to be underlain by shallow dipping sediments including the prospective D’Kar Formation and Ngwako Pan Formation contact which hosts the large structurally related copper deposits in the eastern part of the Kalahari Copper Belt.
T4 is the nearest known copper occurrence to the T20 Dome, being approximately 20km to the northeast of the T20 Dome. T4 is associated with a 2km long soil anomaly and was the first anomaly to be drilled by the MTR/MOD JV. On the 1 April 2016 MTR announced an intersection of 2m @ 6.12% Cu and 111g/t Ag from 101m down hole depth in drill hole MO-A-04R. Due to the discovery of T3 in March 2016, attention switched focus, and no further drilling has yet been conducted at T4.
T3 Dome Airborne Electro-Magnetic Geophysics Survey
• Trial, high resolution, airborne Electro-Magnetic (AEM) survey successfully commenced yesterday.
• AEM survey provides an opportunity to fast track exploration within this very prospective region.
• South African geophysical contractors NRG are using a helicopter-borne 18m transmitter loop at 30-40m survey altitude, with 200m spaced flight lines to achieve high resolution survey data.
• It is understood this is the first time a high-resolution AEM technique has been used in this area of the Kalahari Copper belt and the Company looks forward to reporting first results soon.
The trial will initially seek to confirm that the AEM geophysical technique can detect the distinctive IP chargeability anomaly associated with the T3 copper deposit (announced 24 May 2017). With the objective of identifying possible other, new, targets along the wider T3 Dome structure. If the trial is positive, it will be extended into two blocks covering >30km along the axis of the T3 Dome. Depending on results, the survey may be extended further west and east along the T3 Dome.
Other Updates
• Tshukudu presented at the Botswana Resource Sector Conference (BRSC) in Gaborone on 13 June. Metal Tiger Technical Director, Alastair Middleton, who attended the conference noted strong interest in the Tshukudu presentation and a good delegate footfall at the conference booth, including both the Minister and the Director of Mines.
• Other planned Project activities currently remain on schedule as set out in the release of 13 June 2017.
http://www.businesswire.com/news/home/20170620005647/en/Metal-Tiger-plc-UK-Regulatory-Announcement-Botswana
LONDON--(BUSINESS WIRE)--
Metal Tiger Plc
Botswana Copper/Silver Project – Regional Exploration 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 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 91,121,626 MOD shares, equivalent to 4.88% 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. (“Tshukudu”).
Highlights:
• T20 Dome soil sampling yields encouraging results: 5 new copper anomalies identified to date.
• Airborne geophysics commenced : trial helicopter electro-magnetic survey over 30km section of the T3 Dome, which hosts the T3 deposit.
Michael McNeilly Chief Executive Officer of Metal Tiger commented:
“Yesterday the joint venture successfully started a new chapter in the exploration of the western Kalahari Copper Belt. As far as we are aware Tshukudu is the first company to employ a high resolution airborne Electro-Magnetic survey technique to look for copper in this part of Botswana. As this is a new approach, the work is initially being run as a trial over and around the known T3 Resource, using the data gathered to fine tune the system with the aim of detecting other as-yet unknown copper deposits along the prospective T3 Dome. We anticipate that, where the technique is proved successful, it will have the potential to greatly accelerate the rate of new target generation over what is a very extensive licence holding.
Also, we are delighted to report that the initial soil sampling programme conducted on the T20 Dome, 100km west of T3, has borne fruit. Five new copper anomalies have been outlined with further infill sampling currently progressing to help constrain targets for follow-up drill testing in due course. It was a similar soil anomaly which first led to the discovery of the T3 Deposit, so we look forward to receiving the infill results.”
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.
T20 Dome Soil Sampling Programme
• Initial, 6km line spaced, soil sampling programme over part of the T20 Dome now completed.
• Soil sample assay results show an initial five potentially significant surface copper (and zinc) anomalies to date. At least two of the five anomalies coincide with regional ENE trending structures interpreted from magnetics.
• Five soil anomalies consist peak copper at 23ppm Cu, 22ppm, 18ppm, 17ppm & 16ppm respectively with associated zinc values ranging up to 45ppm Zn.
• Follow up infill soil sampling traverses now conducted around each of the anomalies. Infill samples will confirm the findings of the initial results and help constrain targets for follow-up drill testing in due course. To date no drilling has been conducted at T20.
• T20 Dome soil sampling programme also being extended to the east and north of Ghanzi to overlap the existing soil anomalies at T4 and T22. This will lead to near continuous coverage of soil sampling data over >100km within Tshukudu licences.
• Tshukudu has also recently applied for an additional prospecting licence along the southern part of the T20 Dome.
• A map depicting the locations of the five initial T20 soil anomalies is included in the MOD release of today.
The T20 Dome is 100km west of the T3 Dome, both are located within the same structural corridor as interpreted from magnetic geophysics survey data. It is noteworthy that the T20 Dome has extensive surface calcrete deposits, similar to the T3 Dome.
It has been shown at T3, that surface calcrete can suppresses the soil copper signature, so that even low order copper anomalies may be significant. The soil sample that led to the discovery of the, shallow depth, T3 deposit was only 28ppm Cu with 27ppm Zn.
The T20 Dome is interpreted to be underlain by shallow dipping sediments including the prospective D’Kar Formation and Ngwako Pan Formation contact which hosts the large structurally related copper deposits in the eastern part of the Kalahari Copper Belt.
T4 is the nearest known copper occurrence to the T20 Dome, being approximately 20km to the northeast of the T20 Dome. T4 is associated with a 2km long soil anomaly and was the first anomaly to be drilled by the MTR/MOD JV. On the 1 April 2016 MTR announced an intersection of 2m @ 6.12% Cu and 111g/t Ag from 101m down hole depth in drill hole MO-A-04R. Due to the discovery of T3 in March 2016, attention switched focus, and no further drilling has yet been conducted at T4.
T3 Dome Airborne Electro-Magnetic Geophysics Survey
• Trial, high resolution, airborne Electro-Magnetic (AEM) survey successfully commenced yesterday.
• AEM survey provides an opportunity to fast track exploration within this very prospective region.
• South African geophysical contractors NRG are using a helicopter-borne 18m transmitter loop at 30-40m survey altitude, with 200m spaced flight lines to achieve high resolution survey data.
• It is understood this is the first time a high-resolution AEM technique has been used in this area of the Kalahari Copper belt and the Company looks forward to reporting first results soon.
The trial will initially seek to confirm that the AEM geophysical technique can detect the distinctive IP chargeability anomaly associated with the T3 copper deposit (announced 24 May 2017). With the objective of identifying possible other, new, targets along the wider T3 Dome structure. If the trial is positive, it will be extended into two blocks covering >30km along the axis of the T3 Dome. Depending on results, the survey may be extended further west and east along the T3 Dome.
Other Updates
• Tshukudu presented at the Botswana Resource Sector Conference (BRSC) in Gaborone on 13 June. Metal Tiger Technical Director, Alastair Middleton, who attended the conference noted strong interest in the Tshukudu presentation and a good delegate footfall at the conference booth, including both the Minister and the Director of Mines.
• Other planned Project activities currently remain on schedule as set out in the release of 13 June 2017.
http://www.businesswire.com/news/home/20170620005647/en/Metal-Tiger-plc-UK-Regulatory-Announcement-Botswana
banjomick
- 27 Jun 2017 09:35
- 347 of 474
27 June 2017
Metal Tiger Plc
Spain Spring Programme Update
Metal Tiger (LON: MTR), the natural resources investing company is pleased to provide an update on the spring quarter exploration programme at the Logrosan Minerals joint venture in Extremadura, Spain. The Logrosan Minerals JV is targeting Gold and Tungsten at the Logrosan Project and Gold and Antinomy at the Maria Project. A locality map showing the current Logrosan tungsten and gold exploration targets and anomalies mentioned in this release is available to view, Figure 3, on the Spain Projects page of the Metal Tiger website (see http://www.metaltigerplc.com).
Highlights:
.New regional scale gold anomaly identified at Logrosan East. Infill soil sampling and gold analysis has joined El Seranillo North and El Seranillo East into a single large-scale gold anomaly.
.No Rotary Air Blast (RAB) drilling has been undertaken during Q1 2017 with work instead concentrating on infill work delineating the full extent of surface anomalies as part of a diamond/RC drilling target generation.
.Total of 7,345 samples assayed for gold during Q1 2017. Comprising infill sampling and analysis of XRF sample pulps.
.Three broad gold targets at Logrosan:
Logrosan East Au: 5km long, 50m 80m wide gold anomaly (formerly El Seranillo North and El Seranillo East)
Logrosan West: 2.5km long, 180m wide, gold anomaly within a 4km long arsenic anomaly.
Logrosan South: 6km long, up to 950m wide gold zone.
.New Tungsten (W) anomaly delineated at Logrosan East W Target 3: 2.3km long, 0.9km wide up to 466ppm W in soil.
.19km long arsenic (As) anomaly coincides with regional magnetic structure linking Logrosan South in the SW to the north of Logrosan East. Passing through W Target 2 and the new W Target 3.
.The JV is currently evaluating options for deep drilling at Logrosan and Maria with a view to testing the extent and tenor of gold mineralisation to shallow open-pitable depths. This would be in addition to deep-drill testing of the two tungsten deposits outlined during 2015 (see recap on tungsten section below).
Michael McNeilly, Chief Executive Officer of Metal Tiger commented:
We are pleased to report the delineation of a new gold in soil anomaly in the Logrosan project. Extensive infill sampling and gold assay work has effectively served to merge the two El Seranillo gold targets into a single 5km long gold zone.
The work undertaken during Q1 2017 has also delineated a new tungsten anomaly located 3km NE and along strike for the Tungsten Target 2 deposit RAB drilled during 2015.
The joint venture partners are now considering our options for the progression of the Project. Our JV partner is in the process of preparing a proposal and budget of possible future work for Metal Tiger to consider.
It is our understanding that in order to determine the economic potential of the Project, the best targets would need to be tested by conventional drilling. As such a first-pass mixed RC and diamond drilling programme is currently being costed for the two tungsten deposits, the Maria gold & antimony deposit and the three Logrosan gold anomalies.
The addition of deep-drill intersections could potentially add significant value to our Spanish holdings. Further details will be outlined in due course.
***Further Details Via Link Below***
http://www.moneyam.com/action/news/showArticle?id=5573980
Metal Tiger Plc
Spain Spring Programme Update
Metal Tiger (LON: MTR), the natural resources investing company is pleased to provide an update on the spring quarter exploration programme at the Logrosan Minerals joint venture in Extremadura, Spain. The Logrosan Minerals JV is targeting Gold and Tungsten at the Logrosan Project and Gold and Antinomy at the Maria Project. A locality map showing the current Logrosan tungsten and gold exploration targets and anomalies mentioned in this release is available to view, Figure 3, on the Spain Projects page of the Metal Tiger website (see http://www.metaltigerplc.com).
Highlights:
.New regional scale gold anomaly identified at Logrosan East. Infill soil sampling and gold analysis has joined El Seranillo North and El Seranillo East into a single large-scale gold anomaly.
.No Rotary Air Blast (RAB) drilling has been undertaken during Q1 2017 with work instead concentrating on infill work delineating the full extent of surface anomalies as part of a diamond/RC drilling target generation.
.Total of 7,345 samples assayed for gold during Q1 2017. Comprising infill sampling and analysis of XRF sample pulps.
.Three broad gold targets at Logrosan:
Logrosan East Au: 5km long, 50m 80m wide gold anomaly (formerly El Seranillo North and El Seranillo East)
Logrosan West: 2.5km long, 180m wide, gold anomaly within a 4km long arsenic anomaly.
Logrosan South: 6km long, up to 950m wide gold zone.
.New Tungsten (W) anomaly delineated at Logrosan East W Target 3: 2.3km long, 0.9km wide up to 466ppm W in soil.
.19km long arsenic (As) anomaly coincides with regional magnetic structure linking Logrosan South in the SW to the north of Logrosan East. Passing through W Target 2 and the new W Target 3.
.The JV is currently evaluating options for deep drilling at Logrosan and Maria with a view to testing the extent and tenor of gold mineralisation to shallow open-pitable depths. This would be in addition to deep-drill testing of the two tungsten deposits outlined during 2015 (see recap on tungsten section below).
Michael McNeilly, Chief Executive Officer of Metal Tiger commented:
We are pleased to report the delineation of a new gold in soil anomaly in the Logrosan project. Extensive infill sampling and gold assay work has effectively served to merge the two El Seranillo gold targets into a single 5km long gold zone.
The work undertaken during Q1 2017 has also delineated a new tungsten anomaly located 3km NE and along strike for the Tungsten Target 2 deposit RAB drilled during 2015.
The joint venture partners are now considering our options for the progression of the Project. Our JV partner is in the process of preparing a proposal and budget of possible future work for Metal Tiger to consider.
It is our understanding that in order to determine the economic potential of the Project, the best targets would need to be tested by conventional drilling. As such a first-pass mixed RC and diamond drilling programme is currently being costed for the two tungsten deposits, the Maria gold & antimony deposit and the three Logrosan gold anomalies.
The addition of deep-drill intersections could potentially add significant value to our Spanish holdings. Further details will be outlined in due course.
***Further Details Via Link Below***
http://www.moneyam.com/action/news/showArticle?id=5573980
Bullshare
- 29 Jun 2017 11:39
- 348 of 474
Might be of interest to Metal Tiger shareholders, Paul Johnson's new company presenting.
Who Should Attend?Date:
Sponsored by:
Come and celebrate 6 years of investor evenings with Shares on July 11 and receive a Shares goody bag worth over £150!.
We can’t believe that 6 years have passed since we started our investor evenings, in that time many 1000’s of private investors, fund managers, brokers and analysts have come along and heard from 100’s of listed companies present their investment opportunity.
To celebrate our next investor evening on 11 July in London, we will give all attendees a free goody bag containing:
1) a one year subscription to Shares magazine digital. Each week you will receive the latest Shares digital weekly magazine where our team of experts will give you a multitude of investment ideas. You will also gain access to the Shares investor toolkit with live news, LIVE share prices, portfolio and research tools (value £120)
2) a bottle of champagne (value £20)
3) The DIY Investor book written by Andy Bell, CEO of AJ Bell (RRP £17.99)
On the evening hear from:
MetalNRG (NEX.MNRG) - MetalNRG is an NEX Exchange quoted natural resource investing company seeking investments in precious and strategic metals. Metal NRG is reviewing opportunities in various commodities and jurisdictions and anticipates updating the market shortly with regard to its initial target investments. It recently announced its first investing step with the creation of the Palomino Cobalt Project in Western Australia. MetalNRG’s CEO, the well-known resources entrepreneur Paul Johnson (ex-CEO of Metal Tiger), will provide an update on the company’s investment strategy.
Midatech Pharma (MTPH) - Midatech has a balanced portfolio of fast-growth marketed oncology products and development programmes for its own products, using its proprietary platform technologies to target diseases with unmet medical need. Midatech offers the potential for rapid revenue growth through its differentiated product portfolio and exciting development pipeline, supported by strong IP and, an ambitious and highly experienced leadership team.
Sphere Medical (SPHR) - Sphere Medical’s vision is to become a leading solution provider to the critical care market offering innovative, frequent on demand, point of care diagnostic and monitoring products to enable closer control of therapeutic response, improve patient outcomes and reduce the overall cost of care. The Company’s strategy is focused on the Proxima platform for measuring blood gases, electrolytes and metabolites. The latest generation of the product, Proxima 4, was launched in December 2016 and is being marketed directly to the critical care market in the UK, Germany, The Netherlands and Belgium, and by distributors in Italy and Spain.
Xpediator - Xpediator Plc is expected to IPO on the London Stock Exchange’s AIM market in July 2017. It is a well-established international provider of freight management services operating across the UK and Europe with a particular focus on, and expertise in, the CEE markets. The Group currently employs over 600 people with its operational headquarters in Braintree, England, and country offices in Bulgaria, Lithuania, Estonia, Macedonia, Montenegro, Moldova, Romania and Serbia operating from 22 sites in total.
Places at this event are very limited, so register now for your free ticket.
The evening is a perfect opportunity for existing shareholders or potential investors to hear from those that matter, the directors running the companies and fund managers managing their fund. Who better to explain the future potential and strategy.
Tuesday 11 July 2017
Venue:Novotel Tower Bridge, London EC3N 2NR, 10 Pepys Street, London, EC3N 2NR
Event Timings:| 18.00 | Registration and coffee | |
| 18.30 | Presentations • Paul Johnson, CEO - Metal NRG (MNRG) • Dr Jim Phillips, CEO - Midatech Pharma (MTPH) • Dr Wolfgang Rencken, CEO - Sphere Medical (SPHR) • Stephen Blyth, CEO - Xpediator + More to be announced | |
| 20.30 | Drinks reception and canapés | |
| 21.30 | Close |
Metal NRG (MNRG)
 | Metal NRG is an NEX Exchange quoted natural resource investing company seeking investments in precious and strategic metals. Metal NRG is reviewing opportunities in various commodities and jurisdictions and anticipates updating the market shortly with regard to its initial target investments.
|
Midatech Pharma (MTPH)
 | Midatech is a nanomedicine company focused on the development and commercialisation of multiple, high-value, targeted therapies for major diseases with unmet medical need. It is advancing a pipeline of novel clinical and pre-clinical product candidates based on its proprietary drug conjugate and sustained release delivery platforms with a clear focus on the key therapeutic areas of diabetes, cancer and neuroscience/ophthalmology. Midatech’s strategy is to develop its products in-house in rare cancers and with partners in other indications, and to accelerate growth of its business through strategic acquisition of complementary products and technologies. |
Sphere Medical (SPHR)
 | Sphere Medical is a dynamic and growing company specialising in the development of innovative medical monitoring and diagnostic equipment. Their products are used in a wide range of medical applications, enabling faster clinical decision-making and improved patient outcomes, whilst providing efficiencies that result in reduced healthcare costs. |
Xpediator
 | Xpediator is the holding company for the Group, a well-established international provider of freight management services operating across the UK and Europe with a particular focus on, and expertise in, the CEE markets. he Group currently employs over 600 people with its operational headquarters in Braintree, England, and country offices in Bulgaria, Lithuania, Estonia, Macedonia, Montenegro, Moldova, Romania and Serbia operating from 22 sites in total. The Group has three main business areas which are managed autonomously on a day-to-day basis but directed centrally to cross-sell services to the Group’s customer base: - Freight forwarding, trading under the Delamode brand. - Logistics and warehousing, trading under the Delamode brand and EMT; and pallet distribution services, trading under the Pall-Ex brand. - Transport services, trading under the Affinity brand.
|
banjomick
- 30 Jun 2017 08:57
- 349 of 474
30 June 2017
Metal Tiger Plc
Audited results for the year ended 31 December 2016
Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce its audited results for the year ended 31 December 2016.
Highlights:
.Investment gains, both realised and unrealised total £2,643,110 for 2016
.Reinvestment focused on Thailand and Botswana
.Increase in net cash in year of £1,035,019 (after net proceeds from share issues of £5,700,293 and proceeds of investment sales of £1,153,399 reinvested in Joint Ventures and Associates £1,617,680 and Direct Equity investments £1,734,711)
.Net Asset Value up 389% and Net Assets per fully diluted share up 135%
.Net Current Assets of £5,675,276 up from £1,058,333 in the Company in prior year
.Market capitalisation up 243%
.Increased costs from first time consolidation of the Thailand subsidiaries and general expansion of the business
Michael McNeilly CEO of Metal Tiger stated: "I am pleased to present the report and accounts for the year ended 31 December 2016 during which the value of Metal Tiger interests in Thailand and Botswana grew substantially and its investments in Direct Equities yielded strong results.
We closed the year concentrating on advancing our core projects with a stronger working capital position.
Progress in the first half of 2017 has been encouraging with: a capital raise from Sprott Capital Partners and others totalling £4.85m; excellent progress in the technical and environmental workstreams for the Pre-feasibility study in Botswana with our JV partners MOD Resources; and the completion of the PEA and CPR on the lead, zinc, silver mine in Thailand, which provides progress towards it achieving operating status. The Board believes that Metal Tiger is in a strong position to take advantage of a recovery in the natural resource sector.”
The Annual Report and Accounts for the year ended 31 December 2016, along with an explanatory note for shareholders, will be available shortly to view and download from Metal Tiger's website (www.metaltigerplc.com) in accordance with rule 26 of the AIM Rules for Companies along with a notice of Annual General Meeting and form of Proxy. The AGM is scheduled to take place at East India Club, 16 St James’s Square, London, SW1Y 4LH at 10.00 a.m. on 27 July 2017.
***More via Link Below***
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=MTR&ArticleCode=71riv1j7&ArticleHeadline=Audited_results_for_the_year_ended_31_December_2016
Metal Tiger Plc
Audited results for the year ended 31 December 2016
Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce its audited results for the year ended 31 December 2016.
Highlights:
.Investment gains, both realised and unrealised total £2,643,110 for 2016
.Reinvestment focused on Thailand and Botswana
.Increase in net cash in year of £1,035,019 (after net proceeds from share issues of £5,700,293 and proceeds of investment sales of £1,153,399 reinvested in Joint Ventures and Associates £1,617,680 and Direct Equity investments £1,734,711)
.Net Asset Value up 389% and Net Assets per fully diluted share up 135%
.Net Current Assets of £5,675,276 up from £1,058,333 in the Company in prior year
.Market capitalisation up 243%
.Increased costs from first time consolidation of the Thailand subsidiaries and general expansion of the business
Michael McNeilly CEO of Metal Tiger stated: "I am pleased to present the report and accounts for the year ended 31 December 2016 during which the value of Metal Tiger interests in Thailand and Botswana grew substantially and its investments in Direct Equities yielded strong results.
We closed the year concentrating on advancing our core projects with a stronger working capital position.
Progress in the first half of 2017 has been encouraging with: a capital raise from Sprott Capital Partners and others totalling £4.85m; excellent progress in the technical and environmental workstreams for the Pre-feasibility study in Botswana with our JV partners MOD Resources; and the completion of the PEA and CPR on the lead, zinc, silver mine in Thailand, which provides progress towards it achieving operating status. The Board believes that Metal Tiger is in a strong position to take advantage of a recovery in the natural resource sector.”
The Annual Report and Accounts for the year ended 31 December 2016, along with an explanatory note for shareholders, will be available shortly to view and download from Metal Tiger's website (www.metaltigerplc.com) in accordance with rule 26 of the AIM Rules for Companies along with a notice of Annual General Meeting and form of Proxy. The AGM is scheduled to take place at East India Club, 16 St James’s Square, London, SW1Y 4LH at 10.00 a.m. on 27 July 2017.
***More via Link Below***
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=MTR&ArticleCode=71riv1j7&ArticleHeadline=Audited_results_for_the_year_ended_31_December_2016
banjomick
- 06 Jul 2017 08:36
- 350 of 474
6 July 2017
Metal Tiger Plc
Botswana Copper/Silver Project Airborne EM Survey & Permitting 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 91,121,626 MOD shares, equivalent to 4.88% 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:
.Airborne Electro-magnetic (AEM) trial survey successfully identified a distinctive geophysical anomaly coincident with the T3 Deposit. Airborne EM shown to be a valid methodology for identifying T3 scale deposits.
.AEM geophysics survey was extended to increase coverage along a circa 50km strike on the T3 Dome axis, with objective of identifying new targets along the wider T3 Dome structure.
.Preliminary interpretation of data has identified other AEM anomalies. Full interpretation currently underway by Botswanan geophysical consultancy, to prioritise the anomalies for drill testing.
.Botswana Department of Environmental Affairs (DEA) has authorised the T3 Environmental Management Plan (EMP) to proceed to a 4-week public review period to commence 7 July 2017.
Michael McNeilly Chief Executive Officer of Metal Tiger commented:
We are delighted to report that high-resolution Airborne Electro-Magnetic geophysics appears to be an important new tool in the JVs copper exploration arsenal, successfully identifying a distinct geophysical anomaly consistent with the T3 Deposit.
We are hopeful that AEM geophysics could now hold the key to fast tracking the localisation of further T3 Type copper/silver deposits in what is an extensive, yet highly prospective, concession portfolio.
Whilst Tshukudus geophysical consultants are still undertaking the geophysical data interpretation, preliminary interpretation indicates that the survey may have identified a number of other AEM anomalies along a 50km stretch of the T3 Dome and we look forward to receiving the finalised findings and reporting these to our shareholders in due course.
Finally, it is highly encouraging that the DEA has authorised the T3 Environmental Management Plan which is now entering a 4-week public review period from 7 July 2017. As the precursor for granting, should this be successful it will allow for drilling to recommence at T3 and surrounding targets.
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.
Details of T3 Dome Airborne Electro-Magnetic Geophysics Survey
.Airborne Electro-Magnetic (AEM) trial survey successfully commenced 19 June (announced 20 June 2017).
.Initial survey area, the Trial Block, included ground surrounding T3, in order to test that the AEM geophysical technique could detect mineralisation at a similar size and depth as the T3 Deposit. Previous ground geophysics had shown a distinctive IP chargeability anomaly associated with the T3 Deposit (announced 24 May 2017).
.Test survey successfully identified the distinctive geophysical anomaly coincident with the T3 Deposit, indicating AEM to be a valid methodology for identifying T3 type deposits.
.Following success over the Trial Block, the survey was initially extended onto adjacent areas, Block 1 and Block 2, then extended westwards along the T3 Dome (Block 3), with the objective of identifying new targets along the wider T3 Dome structural corridor.
.Resulting AEM coverage totals a 50km strike length along the T3 Dome axis.
.Survey was conducted by South African geophysical contractors NRG Geophysics using a helicopter-borne 18.4m transmitter loop at 30-40m survey altitude, with 200m spaced flight lines and a 3km minimum line length, to achieve high-resolution survey data.
.Survey equipment consists a Xcite" Coincident Tx-Rx EM sensor, together with a Single Sensor Scintrex CS3 (15 000 105 000 nT) magnetometer.
.AEM has proved to be a fast track exploration tool for this very prospective region.
.The AEM data is being interpreted in conjunction with geological, structural and surface geochemical datasets by Botswanan consultants Spectral Geophysics.
.Interpretation report will seek to identify AEM anomalies as potential exploration targets and prioritise subsequent drill testing.
.Details of the interpretation findings will be announced once the study has been finalised.
Update on T3 Drilling Permissions
.Botswana Department of Environmental Affairs (DEA) has authorised the T3 Environmental Management Plan (EMP) to proceed to a 4-week public review period to commence 7 July 2017.
.The public review is the precursor to the EMP authorisation. Where granted the EMP authorisation will allow the next phase of drilling to commence at T3 and surrounding targets.
.Tshukudus environmental consultants are also preparing applications to obtain DEA permissions to drill other high priority targets including those at T20 Dome (announced 20 June 2017).
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.
http://www.moneyam.com/action/news/showArticle?id=5580961
Metal Tiger Plc
Botswana Copper/Silver Project Airborne EM Survey & Permitting 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 91,121,626 MOD shares, equivalent to 4.88% 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:
.Airborne Electro-magnetic (AEM) trial survey successfully identified a distinctive geophysical anomaly coincident with the T3 Deposit. Airborne EM shown to be a valid methodology for identifying T3 scale deposits.
.AEM geophysics survey was extended to increase coverage along a circa 50km strike on the T3 Dome axis, with objective of identifying new targets along the wider T3 Dome structure.
.Preliminary interpretation of data has identified other AEM anomalies. Full interpretation currently underway by Botswanan geophysical consultancy, to prioritise the anomalies for drill testing.
.Botswana Department of Environmental Affairs (DEA) has authorised the T3 Environmental Management Plan (EMP) to proceed to a 4-week public review period to commence 7 July 2017.
Michael McNeilly Chief Executive Officer of Metal Tiger commented:
We are delighted to report that high-resolution Airborne Electro-Magnetic geophysics appears to be an important new tool in the JVs copper exploration arsenal, successfully identifying a distinct geophysical anomaly consistent with the T3 Deposit.
We are hopeful that AEM geophysics could now hold the key to fast tracking the localisation of further T3 Type copper/silver deposits in what is an extensive, yet highly prospective, concession portfolio.
Whilst Tshukudus geophysical consultants are still undertaking the geophysical data interpretation, preliminary interpretation indicates that the survey may have identified a number of other AEM anomalies along a 50km stretch of the T3 Dome and we look forward to receiving the finalised findings and reporting these to our shareholders in due course.
Finally, it is highly encouraging that the DEA has authorised the T3 Environmental Management Plan which is now entering a 4-week public review period from 7 July 2017. As the precursor for granting, should this be successful it will allow for drilling to recommence at T3 and surrounding targets.
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.
Details of T3 Dome Airborne Electro-Magnetic Geophysics Survey
.Airborne Electro-Magnetic (AEM) trial survey successfully commenced 19 June (announced 20 June 2017).
.Initial survey area, the Trial Block, included ground surrounding T3, in order to test that the AEM geophysical technique could detect mineralisation at a similar size and depth as the T3 Deposit. Previous ground geophysics had shown a distinctive IP chargeability anomaly associated with the T3 Deposit (announced 24 May 2017).
.Test survey successfully identified the distinctive geophysical anomaly coincident with the T3 Deposit, indicating AEM to be a valid methodology for identifying T3 type deposits.
.Following success over the Trial Block, the survey was initially extended onto adjacent areas, Block 1 and Block 2, then extended westwards along the T3 Dome (Block 3), with the objective of identifying new targets along the wider T3 Dome structural corridor.
.Resulting AEM coverage totals a 50km strike length along the T3 Dome axis.
.Survey was conducted by South African geophysical contractors NRG Geophysics using a helicopter-borne 18.4m transmitter loop at 30-40m survey altitude, with 200m spaced flight lines and a 3km minimum line length, to achieve high-resolution survey data.
.Survey equipment consists a Xcite" Coincident Tx-Rx EM sensor, together with a Single Sensor Scintrex CS3 (15 000 105 000 nT) magnetometer.
.AEM has proved to be a fast track exploration tool for this very prospective region.
.The AEM data is being interpreted in conjunction with geological, structural and surface geochemical datasets by Botswanan consultants Spectral Geophysics.
.Interpretation report will seek to identify AEM anomalies as potential exploration targets and prioritise subsequent drill testing.
.Details of the interpretation findings will be announced once the study has been finalised.
Update on T3 Drilling Permissions
.Botswana Department of Environmental Affairs (DEA) has authorised the T3 Environmental Management Plan (EMP) to proceed to a 4-week public review period to commence 7 July 2017.
.The public review is the precursor to the EMP authorisation. Where granted the EMP authorisation will allow the next phase of drilling to commence at T3 and surrounding targets.
.Tshukudus environmental consultants are also preparing applications to obtain DEA permissions to drill other high priority targets including those at T20 Dome (announced 20 June 2017).
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.
http://www.moneyam.com/action/news/showArticle?id=5580961
geoffsh - 08 Jul 2017 21:33 - 351 of 474
Worth a look for any recent investors or long term shareholders while we are waiting.
http://docs.wixstatic.com/ugd/a5d095_e3783300b69c4168b2d5ceca6e52c6ec.pdf
http://docs.wixstatic.com/ugd/a5d095_e3783300b69c4168b2d5ceca6e52c6ec.pdf
banjomick
- 11 Jul 2017 08:09
- 352 of 474
11 July 2017
Metal Tiger Plc
Issue of Equity for Services
Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that it has agreed to issue 1,979,373 new ordinary shares in lieu of cash for professional services provided to the Company.
The shares 1,979,373 were issued at the 15 day VWAP to the close on the 7th July 2017 being 2.09382 pence per share. This represents a slight premium to the closing share price on the 7th July 2017.
In addition, a former director has exercised 2,500,000 share options priced at 1p per share.
The 4,479,373 new ordinary shares are expected to be admitted to trading on or around 14 July 2017. Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 968,003,768. 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 968,003,768 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=5583387
Metal Tiger Plc
Issue of Equity for Services
Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that it has agreed to issue 1,979,373 new ordinary shares in lieu of cash for professional services provided to the Company.
The shares 1,979,373 were issued at the 15 day VWAP to the close on the 7th July 2017 being 2.09382 pence per share. This represents a slight premium to the closing share price on the 7th July 2017.
In addition, a former director has exercised 2,500,000 share options priced at 1p per share.
The 4,479,373 new ordinary shares are expected to be admitted to trading on or around 14 July 2017. Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 968,003,768. 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 968,003,768 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=5583387
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