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.

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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



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21st Apr 2018 UK Investor Show 21st April 2018


SOCIAL MEDIA
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INTERVIEW: Metal Tiger Plc – A Strong Year for the company
12th October 2017

Metal Tiger Plc (LON:MTR) CEO Michael McNeilly joins DirectorsTalk. Michael provides us with an update as to what has been found so far at the T3 copper/silver deposit in Botswana, explains how the prefeasibility study for the T3 open-pit project is progressing, why the Metal Tiger IPO of the Thai Joint Venture – KEMCO is to be postponed and why this has been a strong year for the company.

http://www.directorstalk.net/interview-metal-tiger-plc-strong-year-company/

16 October 2017
Metal Tiger Plc

Investment Update

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM quoted investor in strategic natural resource opportunities, is pleased to announce a further strategic investment in Kingsgate Consolidated Limited (ASX:KCN).

Highlights:

- Metal Tiger plc today purchased 430,000 ordinary shares in KCN at an average price of circa AUD$0.33 (£0.20) per ordinary share for a total consideration of AUD$ 142,050 (circa £84,250), to bring its total holding in KCN up to 11,583,409 ordinary shares, representing 5.18% of the company.

Kingsgate Consolidated Limited is an ASX listed Gold Company which owns two main assets, the Chatree Gold Mine, through its Thai subsidiary Akara Resources Public Company Limited and the 100% owned Nueva Esperanza Project Silver Gold project in Chile where a definitive feasibility study is expected in January 2018. KCN is currently in negotiations with the Thai government to reopen the Chatree Gold Mine after it ceased operations in December 2016.

In the financial year ended 30 June 2017 KCN made total comprehensive income of AUD$8,333,000 (£4,906,470) and had net assets of AUD$100,860,000 (£59,401,497).

https://www.metaltigerplc.com/index.php/news/1155-metal-tiger-plc-investment-update-2017-10-16-075947

17 October 2017
Metal Tiger Plc

Investment Update

Further to the announcement of 16 October 2017, Metal Tiger plc (LON:MTR), advises it has today purchased an additional 356,239 ordinary shares in Kingsgate Consolidated Limited (ASX:KCN) at an average price of circa AUD$0.36 (£0.21) per ordinary share for a total consideration of circa AUD$ 128,246 (circa £75,933), to bring its total holding in KCN up to 11,939,648 ordinary shares, representing 5.34% of the company and will be issuing a becoming a substantial shareholder notice with KCN on the ASX recording this total holding.

http://www.businesswire.com/news/home/20171017005719/en/Metal-Tiger-plc-UK-Regulatory-Announcement-Investment

24 October 2017
Metal Tiger Plc

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 95,543,934 MOD shares, equivalent to 5.049% 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:

Drill core assays from 10 recent drill holes confirm mineralisation extends well outside the planned open-pit.
Assays for a further 8 drill holes, including those which intersected mineralisation at the previous western and eastern limits of drilling at T3, are awaited.
Potential significant underground targets outlined by stacked high grade vein assays which are currently interpreted to be continuous over at least 1.1km of strike length.
Drill hole MO-G-90D, currently in progress, has intersected two visible bornite/chalcocite vein zones approximately 300m northeast of the planned pit.
ALS Minerals sample preparation facility arrives on site to expedite assay turnaround.
Power line to be constructed within 12km of T3 by 2020, government contracts awarded.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

We are excited to report that drill core assays received from the latest phase of drilling at the T3 Deposit in Botswana, have confirmed the presence of high-grade stacked vein copper mineralisation striking over at least 1.1km, which may hold strong potential for extending the open potential around the currently planned open-pit.

Given the potential positive impact of this development, to both mine life and project economics the JV has commissioned an independent consultancy to examine the scenario of an underground mine accessed via a decline from the open pit mine.

Further excellent news comes with the confirmation that the government plans to connect up the Ghanzi District, in which the T3 Project is located, to the Botswana national power grid. Under our current understanding of the plans this will see a major supply line pass within 12km of the T3 Project site, bringing potential significant cost saving benefits to the operation.

We look forward to keeping our shareholders abreast with further developments on the environmental approvals, T3 Dome drilling and assay results, as we continue to build on the JVs achievements.

For images that may assist readers in the visualisation of the T3 Project area and drill collars mentioned in this announcement, 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

***More Via link below***

http://www.moneyam.com/action/news/showArticle?id=5715157

27 October 2017
Metal Tiger Plc

Investment Update

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM quoted investor in strategic natural resource opportunities, is pleased to announce that it now holds 14,878,000 ordinary shares in Kingsgate Consolidated Limited representing 6.65% of the issued share capital of the company and that MTR will be issuing a further substantial shareholder notice with KCN on the ASX recording this total holding.

http://www.moneyam.com/action/news/showArticle?id=5720561

14 November 2017
Metal Tiger Plc

Botswana Copper/Silver Project T3 Deposit Drilling Assay Results Growing Potential Outside Existing Planned Pit

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 partner MOD Resources Limited (ASX:MOD) in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal Tiger). Metal Tiger also holds 95,543,934 MOD shares, equivalent to 5.044% of MODs issued share capital and 1,541,667 MOD warrants at an exercise price of 6 cents (Australian).

Highlights:

.Drill core assays along strike from planned T3 open pit confirm high-grade vein intersections and build confidence in the conceptual underground mining potential.
.Mineralised veins now appear to be continuous over an enlarged 1,400m strike length.
.Headline intersections from the 6 holes received include:
. Hole MO-G-80D
4.5m @ 4.0% Cu & 65 g/t Ag from 254m near western limit of drilling.
. Hole MO-G-81D
11.0m @ 1.5% Cu & 19 g/t Ag from 186m near eastern limit of drilling.
Re-interpretation of Airborne Electromagnetic (AEM) geophysics data with three-dimensional (3D) modelling suggests the 200-300m thick T3 mineralisation host sequence may continue along strike for up to 11km. Drilling to test the model has commenced.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

The latest batch of drill core assays from our T3 Copper/Silver project continue to build on the potential of the deposit. With all six holes returning significant intersections and higher-grade zones, from outside the confines and along strike of the current pit shell, the potential for future mining, be that open-pit or open-pit and underground, continues to grow.

The reinterpretation of airborne geophysics in conjunction with the latest understanding of the geology derived from drilling results has generated a three-dimensional model of the T3 mineralisation host sequence for drill testing. With a potential 11km of resulting 3D model strike length to be tested, we are excited by the potential of finding further, as-yet hidden, copper mineralisation.

We look forward to providing further exciting updates as the various work streams continue towards the scheduled Prefeasibility Study findings in December.

For images that may assist readers in the visualisation of the T3 Project area and drill collars mentioned in this announcement, we would refer to the announcement released today by MOD Resources Limited (MOD). 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.

T3 Drilling Programme Update

.Assay results received from a further 6 diamond drill holes located outside and along strike from the eastern and western limits of planned T3 Open Pit (MO-G-74D, MO-G-76D, MO-G-78D, MO-G-79D, MO-G-80D and MO-G-81D).
.Assays confirm significant mineralisation continues, and remains open, along strike from planned T3 Open Pit mine. Total strike length of mineralisation now circa 1,400m.
.Four holes MO-G-74D, MO-G-76D, MO-G-79D and MO-G-80D, were reported as having visual copper mineralisation intersections in the announcement of 3rd October 2017.
.High-grade copper veins, intersected by the 4 holes, are interpreted to correlate with extensive shallow-dipping veins (V1 to V4) identified within, below and down-dip of the planned T3 Open Pit.
.High-grade veins commonly occur above significant widths of Zone 3 generally lower grade but potentially widespread disseminated copper mineralisation. Zone 3 is approximately 200m below Zone 2 and 300m below the top of the Zone 1 T3 Resource.
.Latest high-grade copper/silver intersections build on the existing high-grade vein intersections which are being assessed as a potential underground mining target complimentary to the open pit, in the ongoing conceptual underground mining study.
.36 of the 70 diamond holes scheduled for the current Phase 2 drilling programme have now been completed.
.Key down-hole intersections from the latest batch of diamond drill hole assay results, with interpreted mineral zone and vein id, include:

Hole MO-G-74D
4.0m @ 0.8% Cu & 17g/t Ag from 265m (Zone 1 / V1)
5.0m @ 0.9% Cu & 20g/t Ag from 292m (Zone 1 / V2)
5.0m @ 0.7% Cu & 14g/t Ag from 303m (Zone 1 / V2)

Hole MO-G-76D
8.2m @ 0.7% Cu & 15g/t Ag from 292m (Zone 1 / V1)
1.0m @ 5.8% Cu & 87g/t Ag from 346m (Zone 1 / V2)
50.0m @ 0.5% Cu & 6g/t Ag from 431m (Zone 3)

Hole MO-G-78D
5.8m @ 1.5% Cu & 28g/t Ag from 235m (Zone 1 / V2)

Hole MO-G-79D
9.0m @ 0.9% Cu & 20g/t Ag from 332m (Zone 1 / V1)
3.1m @ 1.4% Cu & 12g/t Ag from 418m (Zone 2 / V3)
52.5m @ 0.6% Cu & 7g/t Ag from 448m (Zone 3)

Hole MO-G-80D
3.9m @ 1.6 % Cu & 36g/t Ag from 239m (Zone 1 / V1)
4.5m @ 4.0% Cu & 65g/t Ag from 254m (Zone 1 / V2)
2.2m @ 1.9% Cu & 31g/t Ag from 264m (Zone 2 / V3)
6.0m @ 1.8% Cu & 41g/t Ag from 272m (Zone 2 / V4)
10.0m @ 0.7% Cu & 7g/t Ag from 492m (Zone 3)

Hole MO-G-81D
11.0m @ 1.5% Cu & 19g/t Ag from 186m (Zone 1 / V2)
T3 Dome Regional Exploration & Geophysics Update

Current T3 Dome regional exploration targets include Airborne Electromagnetic (AEM) geophysics anomalies identified from the survey completed in July 2017. The AEM anomalies occur within an 8km wide zone extending along the 50km long strike of the survey area; together with copper geochemical anomalies identified by systematic soil sampling.

.Re-interpretation of the AEM geophysics survey data for the T3 Dome has been completed. This has confirmed the potential of many of the individual AEM targets for drill testing (as announced 21 July 2017).
.Systematic interpretation of the AEM data on 100m spaced T3 Dome cross sections, appears to have defined the 3D structural geometry of the T3 host sequence, to approximately 500m below surface.
.A sixth diamond drill rig has arrived onsite and drilling has commenced to determine the source of a 11km long, canoe shaped, shallow west plunging conductive anomaly which extends 4-5kms either side of the current T3 deposit. With the first hole circa 2km east of T3.
.Drilling has commenced to test the first AEM anomaly A16 (hole MO-G-106D) circa 1km north of T3. A16 is located near to the new 3D conductive anomaly and may provide further structural information to refine the model.

The 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 within the central part of the T3 Dome (approximately 1,000km2), which is the focus of rapidly increasing exploration activity undertaken by the JV. Two significant resources have been discovered to date within the T3 Dome: T1 (Mahumo deposit 100% MOD) and T3 (70% MOD / 30% MTR).

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 (2012) compliant Mineral Resource was announced on 26 September 2016 with the first Resource upgrade announced on 24 August 2017. 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.

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. Mineral Resource estimation and classification of the T3 Copper/Silver Project was conducted and approved by Mr A.I. Pretorius, MSc. Pri.Sci.Nat. an independent consultant to MOD Resources Ltd.

The current phase of drilling at the T3 Copper/Silver Deposit commenced on 7th August 2017, with approval granted for the recommencement of both diamond core (DC) and reverse circulation (RC) drilling at the T3 Project and its vicinity, through to December 2018. This includes up to 70 planned diamond core drill holes designed to infill the current Resource and test for possible extensions. The objective of the infill program is to increase geological confidence and upgrade categorisation of the T3 Resource. The programme also includes grid drilling to investigate the potential for an underground Resource down-dip and along strike from the planned open-pit, and to investigate geophysical targets.

http://www.moneyam.com/action/news/showArticle?id=5742071

15 November 2017
Metal Tiger Plc

Investment Update Request for Shareholder Meeting at Kingsgate Consolidated Limited for Potential Board Changes

Metal Tiger plc (LON:MTR), announces that it has requested ASX listed Kingsgate Consolidated Limited (KCN) to call and hold a general meeting of KCN shareholders to consider changes to the board of KCN.

Metal Tiger owns 14,950,427 shares in KCN, representing a 6.7% interest, and based on public disclosures by KCN, Metal Tiger is KCNs largest shareholder and the only shareholder with an interest of over 5% of KCN.

Metal Tigers request for the meeting of KCN shareholders has been made under Section 249D of the Australian Corporations Act 2001 (Cth) which enables any member, or group of members acting as a collective, with at least 5% of the votes that may be cast at a general meeting to request that the board of KCN convene and hold the shareholder meeting.

Upon receipt of a Metal Tigers valid request, the KCN directors are required to call the meeting within 21 days of receiving the request and the meeting is required to be arranged for a date not later than 2 months after the request is given to KCN.

The proposed resolutions that Metal Tiger is seeking be put to the KCN shareholders are that all existing KCN directors other than Mr Peter Alexander be removed and that 5 new directors be appointed to the KCN board, being three Metal Tiger directors:

Michael McNeilly;
Terry Grammer; and
Mark Potter,
and two independent candidates nominated by Metal Tiger, namely:

Richard (Dick) Warburton; and
Neville Bergin.
Metal Tiger has decided to take this action in order to both preserve and enhance the value of its shareholding.

Michael McNeilly, Chief Executive Officer of Metal Tiger commented:

Metal Tiger believes that KCN is in urgent need of board renewal. The incumbent board has overseen a massive destruction of shareholder value and failed to articulate a clear strategy going forward. The Board of Metal Tiger shares the view that they are not the right team to lead KCN in its current situation. I call on Ross Smyth-Kirk, Sharon Skeggs and Peter Warren to meet our requests for the benefit of all KCN shareholders.

Background on the independent candidates nominated by Metal Tiger are set out below:

http://www.moneyam.com/action/news/showArticle?id=5743815

Metal Tiger takes aim at Australian miner Kingsgate Consolidated (Video)
08:02 16 Nov 2017

Michael McNeilly, chief executive of Metal Tiger plc (LON:MTR), tells Proactive he's called for a meeting to replace all but one of the directors at Kingsgate Consolidated.

McNeilly says the incumbent board has overseen a massive destruction of shareholder value and failed to articulate a clear strategy going forward.

Metal Tiger has recently built up a 6.7% stake in Kingsgate, which has lost more than 90% of its value over the past five years.

Kingsgate owns the Chatree mine 200 miles north of Bangkok in Thailand, which has just had a suspension order from the Thai government lifted.

http://www.proactiveinvestors.co.uk/companies/stocktube/8374/metal-tiger-takes-aim-at-australian-miner-kingsgate-consolidated-8374.html

22 November 2017
Metal Tiger Plc

Submission of Members Statement to Kingsgate

Metal Tiger plc (LON:MTR), announces that further to the RNS Reach Announcement on 15 November 2017, it has submitted its Members Statement for inclusion in the Kingsgate Consolidated Limited ("KCN") Notice of General Meeting.

Metal Tiger has initiated the opportunity to introduce much needed change at KCN by submitting a notice to the KCN Board pursuant to section 249D of the Australian Corporations Act 2001 (Cth) to convene and hold a general meeting, where KCN shareholders will be able to vote for the removal of current KCN directors and appoint Metal Tiger's nominees to the KCN Board.

Metal Tiger under its 249D notice has put forward resolutions for the removal of Ross Smyth-Kirk (Executive Chairman of KCN), Sharon Skeggs (Non-Executive Director of KCN) and Peter Warren (Non-Executive Director of KCN) and proposed the appointment of two independent directors, Richard ("Dick") F E Warburton AO LVO, Neville Bergin, and three Metal Tiger Board members being Michael McNeilly, Terry Grammer and Mark Potter.

Metal Tiger is KCN's largest shareholder and holds a 6.7% interest.

The Members Statement, which was submitted on 22 November 2017, reads as follows:

http://www.moneyam.com/action/news/showArticle?id=5753673

A battle looms for Australia's Kingsgate
(Video)
21 Hours Ago

The largest shareholder in Australian miner Kingsgate wants to change the board and management to try and resolve a legal dispute over a gold mine in Thailand, says Michael McNeilly of Metal Tiger.

https://www.cnbc.com/video/2017/11/21/a-battle-looms-for-australias-kingsgate.html

Some very positive news from MOD. hopefully some assay results soon.










http://www.asx.com.au/asxpdf/20171128/pdf/43pn1bw5rrwtb6.pdf

28 November 2017
Metal Tiger Plc

Botswana Copper/Silver Project T3 Deposit: Environmental Approvals & Prefeasibility Study Update

Metal Tiger plc (LON:MTR is pleased to provide an update regarding the Companys Joint Venture (JV) project with partner MOD Resources Limited (ASX:MOD) (MOD) in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal Tiger).

Highlights:

Extension drilling north of the T3 receives Environmental Affairs approval.
Environmental approval received for accommodation camp outside Ghanzi.
Environmental Impact Assessment (EIA) commenced for planned T3 Mine.
Prefeasibility Study (PFS) now targeted for completion during January 2018.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

We are delighted to report a number of important approvals which will allow the scope of the T3 Project to broaden significantly. We are particularly pleased that the T3 extension drilling application has been approved, allowing the JV to test the geophysics targets to the north of the T3 Deposit and effectively doubling the area of ground we are permitted to diamond drill.

The additional airborne geophysics will allow the team to focus in on the strong soil anomalies along strike to the east of T3. Whilst the approval for the T3 Exploration camp will help with logistics as the onsite team builds and the number of contractors and consultants increases with T3s progression towards a mine.

This announcement coincides with an update released today by MOD which can be viewed through the following link:

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

***More via link below***

http://www.moneyam.com/action/news/showArticle?id=5759318

05 December 2017
Metal Tiger Plc

Kingsgate shareholder meeting provides an opportunity for a new board and superior Thailand solution

Metal Tiger Plc (LON:MTR), is pleased to announce that Kingsgate Consolidated Limited (Kingsgate) has confirmed Kingsgate shareholders will be given an opportunity to elect a new board at a meeting in Sydney on 9 January 2018.

The meeting will enable Kingsgate shareholders to support five new directors who have a clear vision for the company after years of poor performance and a massive destruction of shareholder value.

Metal Tiger, Kingsgate's largest shareholder with a 6.7 per cent interest, requested the Kingsgate shareholder meeting to remove all but one member of the board, and proposed that five new directors be appointed, including three directors of Metal Tiger. If you would like to contact Metal Tiger to discuss this further, please click here.

Metal Tiger encourages its fellow Kingsgate shareholders to vote in favour of all resolutions, which will result in a new, highly capable Kingsgate board that is committed and capable of restoring shareholder value, unlike the existing Kingsgate board.

Kingsgate has also issued an Explanatory Memorandum, which Metal Tiger Chief Executive Officer Michael McNeilly described as a defensive and misleading document that reinforces the fact that Kingsgate's future rests on the outcome of costly, high risk legal proceedings. Metal Tiger will provide a detailed response to the Explanatory Memorandum shortly.

"We encourage shareholders to vote in favour of all resolutions to appoint a new board at Kingsgate," Mr McNeilly said. "We believe the proposed directors have the experience, expertise and relationships that can lead to the reopening of the Chatree Gold Mine, Kingsgate's only operating asset, and restore value."

Metal Tiger acknowledges Kingsgate successfully mined the higher-grade gold at Chatree to increase revenue and repay debt after its metallurgical licence was renewed for only six months. However, it is regrettable the situation in Thailand deteriorated to that point. No doubt many Kingsgate shareholders have long been hopeful of a resolution in Thailand.

http://www.moneyam.com/action/news/showArticle?id=5768281

BUS
Metal Tiger Plc

Botswana Copper/Silver Project T3 Deposit: Underground Study Update

Metal Tiger plc (LON:MTR), is pleased to provide an update regarding the Companys Joint Venture (JV) project with partner MOD Resources Limited (ASX:MOD) (MOD) in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal Tiger).

Highlights:

Encouraging early results of T3 Underground Project mining study supports the initiation of a 30-hole Resource drilling programme targeting high-grade veins with underground mining potential.
T3 Underground Scoping Study aimed for completion by Q3 2018.
Assay results from a further 8 diamond drill holes received. Highlights from the latest down-hole intersections include:
Hole MO-G-82D
7.2m @ 1.9% Cu and 39g/t Ag from 219m
Hole MO-G-84D
5.9m @ 1.7% Cu and 8g/t Ag from 213m
Hole MO-G-88D
9.7m @ 1.5% Cu and 31g/t Ag from 168M
To date 45 holes at T3 have returned significant vein hosted copper mineralisation intersections below, down-dip and along strike from planned T3 Open Pit.
Michael McNeilly Chief Executive Officer of Metal Tiger commented:

We are very encouraged by the initial findings of the T3 Underground Project investigations and the prospect that room-and-pillar underground mining of the high-grade copper/silver veins, developed simultaneously to the planned T3 Open-Pit mine could make a substantial contribution to the T3 profitability. Sharing a planned central scalable processing plant at T3 between both the T3 surface and underground mining operations and possible neighbouring deposits is an attractive proposition in the precursory modelling.

With the current drilling programme yielding reliably consistent vein intersections the JV has agreed to initiate a 30-hole infill drill programme targeting an underground mine resource project and to work towards the release of a T3 Underground Project scoping-study by mid-2018.

This announcement coincides with an update released today by MOD which can be viewed through the following link:

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

T3 Drilling Programme Update

Current T3 Phase 2 Infill & Extension drilling programme and Prefeasibility Study nearing completion, results expected in January 2018.
Results to date show that 45 holes have intersected significant high-grade copper/silver mineralisation within four shallow dipping veins (V1-V4) outside of the planned T3 open pit shell.

Further assay results are awaited for visual intersections from mineralised veins in additional holes.

Key down-hole intersections from the latest batch of diamond drill hole assay results, with mineral zone and interpreted vein id, include:

Hole MO-G-82D
15.0m @ 1.4% Cu & 27g/t Ag from 215m , including;
7.2m @ 1.9% Cu & 39g/t Ag from 219m (Zone 1, V2)
4.4m @ 2.0% Cu & 35g/t Ag from 241m (Zone 2, V3)
Hole MO-G-84D
5.9m @ 1.7% Cu & 8g/t Ag from 213m (Zone 1, V1)
8.2m @ 1.7% Cu & 24g/t Ag from 301m (Zone 2, V4)
Hole MO-G-85D
7.0m @ 1.2% Cu & 9g/t Ag from 152m (Zone 2, V3)
1.4m @ 1.9% Cu & 21g/t Ag from 161m (Zone 2, V4)
Hole MO-G-86D
2.2m @ 2.1% Cu & 45g/t Ag from 332m (Zone 2, V3)
Hole MO-G-87D
5.2m @ 1.0 % Cu & 18g/t Ag from 149m (Zone 1, V2)
7.6m @ 1.0% Cu & 9g/t Ag from 159m (Zone 2, V3)
Hole MO-G-88D
9.7m @ 1.5% Cu & 31g/t Ag from 168m (Zone 1, V2)
7.0m @ 1.5% Cu & 34g/t Ag from 200m (Zone2, V3)
3.0m @ 1.8% Cu & 21g/t Ag from 216m (Zone 2, V4)
Hole MO-G-89D
3.2m @ 1.8 % Cu & 37g/t Ag from 245m (Zone 1, V1)
4.0m @ 1.9% Cu & 38g/t Ag from 295m (Zone 2, V3)
T3 Underground Project

South African mining consultants have been conducting initial investigations into the potential viability of a T3 Underground Project with the underground mining of the high-grade veins below and along strike from the planned T3 Open Pit. They are also researching the potential economic benefits that underground mining would add to the open-pit.

The initial T3 Underground Project concept includes:

Room-and-pillar mining of the good continuity, shallow-dipping, high-grade veins, with in-ore development.
Developing T3 Underground simultaneously with T3 Open-pit production.
Use of shared infrastructure including the planned scalable T3 Processing Plant (as reported on 3 October 2017 the current Planned Process Plant design is for 2.5Mtpa but will allow for a possible future expansion of up to 4.0 Mtpa).
Targeting ore production and margin rather than extending overall mine life (modelled at 10 years).
T3 Underground Resource Drilling Programme is now planned based on underground potential:

Planned 30 diamond hole programme will drill-out an underground Resource.
Drilling with 3 rigs over a 1.7km strike length on 100m spacing with 50m infill where required, is expected to commence early 2018.
Results will feed into a T3 Underground Project scoping study, targeted for release by Q3 2018.
Regional exploration will continue throughout H1 2018 with numerous geophysical and geochemical anomalies targeted for drill testing, within the circa 1,000km2 T3 Dome area surrounding the T3 Deposit.

The 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 within the central part of the T3 Dome (approximately 1,000km2), which is the focus of rapidly increasing exploration activity undertaken by the JV. Two significant resources have been discovered to date within the T3 Dome: T1 (Mahumo deposit 100% MOD) and T3 (70% MOD / 30% MTR).

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 (2012) compliant Mineral Resource was announced on 26 September 2016 with the first Resource upgrade announced on 24 August 2017. 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.

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. Mineral Resource estimation and classification of the T3 Copper/Silver Project was conducted and approved by Mr A.I. Pretorius, MSc. Pri.Sci.Nat. an independent consultant to MOD Resources Ltd.

The current phase of drilling at the T3 Copper/Silver Deposit commenced on 7th August 2017, with approval granted for the recommencement of both diamond core (DC) and reverse circulation (RC) drilling at the T3 Project and its vicinity, through to December 2018. This includes up to 70 planned diamond core drill holes designed to infill the current Resource and test for possible extensions. The objective of the infill program is to increase geological confidence and upgrade categorisation of the T3 Resource. The programme also includes grid drilling to investigate the potential for an underground Resource down-dip and along strike from the planned open-pit, and to investigate geophysical targets.

The technical information contained in this disclosure has been read and approved by Mr Nick O'Reilly (MSc, DIC, MAusIMM, FGS), who is a qualified geologist who acts as the Competent Person under the AIM Rules - Note for Mining and Oil & Gas Companies. Mr O'Reilly has visited the T3 site and reviewed MODs drilling and sampling protocols and procedures. Mr O'Reilly is a Principal consultant working for Mining Analyst Consulting Ltd which has been retained by Metal Tiger PLC to provide technical support.

In addition to its 30% interest in the JV, Metal Tiger holds 99,200,000 MOD shares, equivalent to 5.2% of MODs issued share capital and 1,541,667 MOD options each exercisable price of 6 cents (Australian) on or before 15 April 2019.

http://www.moneyam.com/action/news/showArticle?id=5771703

7 December 2017
Metal Tiger Plc

Receipt of final GWRI and KEMCO Hydrogeology Study and Initiation of Monitoring Program

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that the Company has received the final report of a hydrogeology study commissioned to the Groundwater Research Institute ("GWRI"), based at Khon Kaen University in Thailand, which relates to the Song Toh and Boh Yai lead-zinc-silver mines of the Company's Thai Joint Venture ("Thai JV"). The study forms an important part of the development plan, designed to bring Song-Toh and Boh Yai mines back in to commercial production following the planned IPO of the Thai JV listing vehicle KEMCO Mining PLC ("KEMCO") on AIM in an environmentally responsible manner.

The six-month field, lab and desktop study, entitled "Hydrogeology near the planned Underground Lead-Zinc Mining at Song Toh and Boh Yai areas in Kanchanburi Province", which involved close cooperation between Metal Tiger Thailand (MTT) technical staff and GWRI personnel, was commissioned in order to develop a conceptual 3D model of surface and subsurface water flow. Data and interpretations generated by the Study, as well as additional data provided by MTT technical staff, has led to the development of an ongoing Water and Environmental Monitoring Program, currently being implemented with GWRI, that will generate additional water flow and water table level data as well as chemical analyses at some 30 sampling locations throughout the project area. MTT is also in discussions with Mahidol University in the development of a program to enhance MTT's modelling of the water dynamics in the project area.

This data will allow GWRI to further refine the 3D model so that a thorough understanding of the baseline environmental conditions of the site, during wet and dry seasons and transitional periods, will be achieved. Repeated simulations using the 3D model software, which incorporates constraints on water movement such as topography, water catchment areas, existing tunnels, sink holes, karst holes, faults, rock matrix fracture porosity, and soil and geological variation, will allow interpretations of aquifer location, interconnectivity, and storage capacity to be made in the context of changing local precipitation amounts, river flow rates, water table levels, and chemical analyses over time and in all conditions. These interpretations will allow the Company and other interested parties to understand how and where water movement controls the distribution of metals currently existing in the natural environment throughout the year as well as anticipate how the Company's water management plans will be able to control the distribution after the resumption of mining in an environmentally responsible manner.

Data and interpretations from the Monitoring Program will be merged with data generated by the Health and Environmental Impact Assessment (HEIA) to form the basis of the environmental component of the Mining Lease permitting process, while ensuring compliance with environmental and social standards at national and international levels. It will also enable the Company, in the development of a comprehensive Water Management Plan, to define operating parameters, establish environmental monitoring criteria during production, and determine how to provide local communities with additional clean water during the dry season, amongst other things.

The Thai JV is committed to bringing the Song Toh and Boh Yai mines back into production with full attention to environmental impact awareness, control, and compliance. This study and the monitoring program that has accrued from it are critical elements in the process of ensuring that this commitment is met.

For a brief note addressing the specific technical findings of the report, please go here.

http://www.moneyam.com/action/news/showArticle?id=5772469

8 December 2017

Metal Tiger Plc

("Metal Tiger" or the "Company")

Update on Minerals Management Master Plan

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce further to its announcement on 18 September 2017 that the National Minerals Management Committee (the NMC) yesterday approved the first Minerals Management Master Plan (the Master Plan).

This Master Plan will now be presented to the Thai Cabinet (the Cabinet) for consideration. Should the NMC approved version be accepted by the Cabinet, the Thai JVs Mining Licence Applications over the previously operational Song Toh and Boh Yai mines will be designated as mineral deposit areas for mining (MDAs). The Cabinet still has scope to make amendments to the Master Plan, but the Company believe that material amendments that would impact MDA status of its licence areas are unlikely. The team in Thailand anticipate that Cabinet will consider the Master Plan by the end of January 2018.

Furthermore, the Special Prospecting Licence Applications held by Metal Tiger Exploration surrounding the mines and elsewhere in the country will also be designated as MDAs since they were lodged prior to 29 August 2017, the cutoff date nominated for this purpose in the Master Plan.

Michael McNeilly, Chief Executive Officer of Metal Tiger plc commented:

As shareholders and potential investors will note from the announcement on 18 September 2017, the Master Plan and MDA status, in particular, was one of the key reasons for delaying the planned IPO. Whilst Cabinet sign-off is still required, the fact that the NMC has approved the Master Plan represents a significant step in the right direction for Metal Tigers Thai interests.

I would like to extend my thanks to the team in Thailand, our Thai legal counsel and our JV partner for closely following the development of the Master plan and for keeping the Board of Metal Tiger informed throughout the development of this key document. Should the Cabinet approve the Master Plan without any material amendments then the Thai JV will have cleared a major hurdle in its path to being able to progress the permitting process as relating to the historical Song Toh and Boh Yai mines.

http://www.moneyam.com/action/news/showArticle?id=5774711

12 December, 2017
Metal Tiger Plc

General Meeting Information Memorandum published in relation to Kingsgate

Metal Tiger Plc (LON:MTR) is pleased to announce that it has prepared a Kingsgate General Meeting Information Booklet which will be sent to Kingsgate Shareholders ahead of the general meeting to be held on 9 January 2018. A copy of the General Meeting Information Booklet can be found here.

Metal Tiger has also launched a campaign website:http://savekingsgate.com/ where information on the proposed meeting and Metal Tiger's intentions can be found as well as other information.

Metal Tiger, Kingsgate's largest shareholder, requested the Kingsgate shareholder meeting to remove all but one member of the board, and that five new directors be appointed; including three directors of Metal Tiger. If you would like to contact Metal Tiger to discuss this further, please contact us via info@metaltigerplc.com.

http://www.moneyam.com/action/news/showArticle?id=5777986

29 December, 2017
Metal Tiger Plc

Kingsgate Consolidated Limited - Response to the Shareholder Letter dated December 27, 2017

Metal Tiger Plc (LON:MTR) would like to clarify certain facts relating to the shareholder letter issued by Kingsgate Consolidated Limited on 27 December 2017.

Kingsgate made the following statements which are misleading and do not reflect the Proposed New Board's strategy:

"Metal Tiger has no credible operating plan for Kingsgate and could make an agreement with the Thai Government without any compensation"

The proposed new board intends to restart the Chatree Gold Mine ("Chatree" or "the Mine") through the application for the renewal and granting of mining, processing and exploration licences by the Government of Thailand. Discussions with the Thai Government have been initiated. Metal Tiger expects the Thai Government to be responsive to the positive proposals of the proposed Board of Kingsgate. Substantial value can be created for Kingsgate shareholders through the mining of remaining gold reserves at Chatree and through the pursuit of exploration of highly prospective gold properties previously drilled by Kingsgate.

In addition, the proposed new board will seek to negotiate favourable terms with the Government of Thailand relating to the restart of Chatree given the circumstances surrounding the recent closure, which may include a compensation claim for loss of earnings. Metal Tiger, as the largest shareholder of Kingsgate, is aligned with all shareholders and incentivised to support the new board of Kingsgate so that it may pursue the best financial outcome for Kingsgate shareholders.

"No mainstream lender would lend money to re-open Chatree after it has been arbitrarily closed"

During the course of November and December, Metal Tiger had several meetings with highly credible financial advisors. These advisers were extremely confident that, subsequent to the renewal of and granting of new mining, processing and exploration licences, they would be able to run a competitive process with a number of Asian lending banks and private debt funds to raise the necessary debt finance to restart the Chatree Gold Mine.

In addition, in December 2017 a number of potential strategic equity investors commenced detailed due diligence on the Chatree Gold Mine based on publicly available information and have indicated an interest to the proposed new board of Kingsgate in pursuing further due diligence based on non-public information, once the new board has been appointed, with a view of making a substantial equity investment. These investors include sovereign wealth funds, private equity funds, major family offices and brokers.

"No competent board would borrow money to do so after what has happened"

The Chatree Gold Mine will comfortably support a conservative debt and equity financing package to restart the Mine. This is due to the limited estimated restart capex requirement of US$50m as stated by Kingsgate's Board at the latest AGM (although the proposed Board expects the restart costs will need to be higher than US$50m to adhere to the recent gold policy), the expected high free cash flow generation and the relatively short payback period, based on financial due diligence from publicly available information on Chatree.

In addition, any debt financing provided by Thai lending banks will further align the interests of Kingsgate shareholders and other Thai stakeholders with the Government of Thailand, something which the existing Kingsgate Board has been unable to achieve.

The proposed new board of Kingsgate is highly competent and has a strong track record of raising finance for mining companies. The new board will only pursue appropriate financing solutions that are in the best interest of all Kingsgate shareholders.

"Although Metal Tiger has no definable plan, it almost certainly would resort to what it has done before, and issue hundreds of millions of shares to the point where your shares would have very little value"

The proposed new board of Kingsgate intends to pursue financing solutions for the restart of the Chatree Gold Mine that will limit dilution of value for existing Kingsgate shareholders, including Metal Tiger. Equity finance will be required and this can be raised at both the asset and corporate level, subject to the most competitive financing terms. In addition, non-dilutive forms of financing will be solicited including gold streaming.

"Metal Tiger has made claims about the near term development of Nueva Esperanza citing a high capex and low economic returns which are completely unsubstantiated, and with which the numerous entities that are vying to participate in it and/or finance it would clearly disagree"

We refer Kingsgate shareholders to the Nueva Esperanza fact sheet on the Saving Kingsgate website: http://savekingsgate.com/fact-sheets/

The proposed new board of Kingsgate will seek to maximise the value of Nueva Esperanza for the benefit of Kingsgate shareholders and will consider all options.

"Metal Tiger intends replacing Peter Alexander on the Kingsgate Board with an un-named, unidentified director."

The proposed new board wishes Peter Alexander to continue to serve on the Kingsgate board and does not intend to replace him and has clearly made this point. However, if Peter Alexander does wish to resign from the Kingsgate board, then, due to the importance placed on good corporate governance, the new proposed board will appoint another new independent director with appropriate skills and experience.

Metal Tiger urges that shareholders vote FOR all the motions at the General Meeting on January 9, 2018.

http://www.moneyam.com/action/news/showArticle?id=5797302

....................WOW great RNS from MOD.........................



http://www.asx.com.au/asxpdf/20180105/pdf/43qmxys5hxw27r.pdf



Brilliant start to the New Year.



Interesting day tomorrow.

It was frustrating but unavoidable that MOD could not get more drilling carried out last year but it looks like it will be all systems go this year.




Major drilling campaign resumes next week at T3 and T-Rex, expanding into T1 and the wider T3 Dome (8 drill rigs)