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Metal Tiger PLC (MTR)     

banjomick - 10 May 2016 16:21

logo.png                  
                                                     

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



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


NEWS
MTR Website & All The NEWS
Asset Trading Page

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

VIDEO/AUDIO/PRESENTATIONS



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


SOCIAL MEDIA
twitter-MTR
twitter-MOD Resources Ltd

banjomick - 07 Dec 2017 20:56 - 385 of 474

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

banjomick - 08 Dec 2017 16:13 - 386 of 474

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

banjomick - 12 Dec 2017 11:03 - 387 of 474

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

banjomick - 29 Dec 2017 08:48 - 388 of 474

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

geoffsh - 04 Jan 2018 23:39 - 389 of 474

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



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



Brilliant start to the New Year.



Interesting day tomorrow.

geoffsh - 04 Jan 2018 23:52 - 390 of 474

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)

banjomick - 05 Jan 2018 09:16 - 391 of 474

5 January 2018
Metal Tiger Plc

Botswana Copper/Silver Project Record High Grade Intersection at T3 Deposit

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:
Highest grade intersection to date at T3 from latest and final batch of assay results:

Hole MO-G-94D
18.0m @ 4.3% Cu and 94g/t Ag from 146m, within
53.9m @ 2.0% Cu and 40g/t Ag from 129m

Significant widths of high-grade vein hosted copper and silver continue to be intersected within the wider resource drilling programme.

Major Phase 2 drilling programme resumes next week at T3 then expanding over the wider T3 Dome, with 8 drill rigs in operation.

Michael McNeilly Chief Executive Officer of Metal Tiger commented :

We are pleased to start the New Year with a record high-grade intersection from the final batch of Phase 2 drilling assays at our T3 Project. These wide high-grade copper intercepts bode well for the expected Phase 2 Mineral Resource upgrade expected later this month and the deeper intersections continue to support the prospect of an underground mining target below the planned T3 Open pit.

Diamond drilling will resume next week, with 8 rigs turning, as we continue to test T3 along strike.

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=5804789

banjomick - 09 Jan 2018 09:14 - 392 of 474

9 December 2017
Metal Tiger Plc

Kingsgate Consolidated General Meeting

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, announces that all resolutions it proposed at Kingsgate Consolidateds General Meeting in Sydney today were unsuccessful. Metal Tiger plc is Kingsgate Consolidated Limiteds largest shareholder with circa 8.623% of the Company. However, the Board is of the opinion that the outcome demonstrated strong support for change among both institutional and retail investors and is currently assessing options with regards to its stake in Kingsgate Consolidated Limited.

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

The close result highlights the fact that many investors supported Metal Tigers views. We presented a clear vision to restore and ultimately deliver value based on the reopening of Chatree, and we are encouraged that so many shareholders recognised this. We also note the Government of Thailand said in a recent media release that a properly managed reactivation of Chatree would be mutually beneficial to the mines owner and to Thailand. The government also said far more can be achieved through amicable negotiations than through arbitration.

http://www.moneyam.com/action/news/showArticle?id=5808181

banjomick - 09 Jan 2018 13:53 - 393 of 474

lol

Kingsgate Consolidated General Meeting - Replacement

Metal Tiger plc

The issuer advises that the following replaces the Metal Tiger "Kingsgate Consolidated General Meeting" announcement released at�08:34 AM GMT today.

The date stated at the top of the release has been changed from 9 December 2017 to 9 January 2018.

All other details remain unchanged.

http://www.moneyam.com/action/news/showArticle?id=5808523

banjomick - 11 Jan 2018 15:21 - 394 of 474

11 January 2018
Metal Tiger Plc

Director Share Purchase

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, announces that the Company has been notified that on Thursday 11 January 2018, Charles Hall, Non-Executive Chairman of Metal Tiger, purchased through the market 1,000,000 ordinary shares of 0.01 pence each in the Company (“Ordinary Shares”) at an average price of 2.44 pence per Ordinary Share for a total investment of £24,400.

Following this transaction, Charles Hall has a beneficial interest in 27,858,406 Ordinary Shares represent circa 2.55% of the issued share capital of the Company.

https://www.metaltigerplc.com/index.php/news/1187-director-share-purchase-2018-01-11-143000

geoffsh - 22 Jan 2018 22:47 - 395 of 474

Metal Tiger have sold down their Kingsgate shareholding taking £1,056,171 off the table.



They still hold 5.638%.






www.asx.com.au/asxpdf/20180123/pdf/43qzhjf0xf2dyz.pdf

banjomick - 23 Jan 2018 09:55 - 396 of 474

23 January 2018

Metal Tiger Plc

("Metal Tiger" or the "Company")

Kingsgate Investment Update

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, announces that it has sold 7,929,826 shares in Kingsgate Consolidated Limited (“KCN”) bringing its holding down from 19,434,511 to 11,504,685 shares in KCN representing 5.15% of KCN’s issued share capital. These sales resulted in gross proceeds of AUD$2,686,029 (circa £1,534,260).

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

“Metal Tiger has taken the prudent decision to de-risk our Kingsgate investment by partially selling down and booking a profit. It does not, however, mean we are going away. We still retain more than 5% of Kingsgate and will be watching the Board closely to see if they deliver on what they have promised. In the meantime we are turning the bulk of our attention to our Copper/Silver Joint Venture with MOD in Botswana, where a Prefeasibility Study on T3 is anticipated shortly.”

https://www.metaltigerplc.com/index.php/news/1190-kingsgate-investment-update-replacement-2018-01-23-091100

banjomick - 23 Jan 2018 13:12 - 397 of 474

23 January 2018
Metal Tiger Plc

Strategic Investment & Agreement – Thor Mining

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce a strategic financing and agreement has been secured with Thor Mining plc (LON/ASX:THR “Thor”).

Thor has a highly prospective and exciting portfolio of exploration and development projects across tungsten, copper and lithium.
Highlights:

Metal Tiger to invest £300,000 in Thor through a subscription for 10,000,000 new ordinary shares at 3p per share and at a 20% premium to the previous day’s closing share price of Thor on AIM (2.5p on 22 January 2018);

Money raised will be applied to the advancement of key Thor projects including Molyhil, Pilot Mountain and Kapunda Copper;

For each subscription share Metal Tiger will also receive one warrant to subscribe for one new ordinary share in Thor at 5p per share with a two-year maximum exercise life;

Should the share price of Thor exceed a 14p volume weighted average price for 5 consecutive business days, Thor may, at its sole discretion, seek accelerated conversion of the warrants secured by Metal Tiger. In the event that Metal Tiger does not convert upon receipt of this request, Metal Tiger would forfeit its rights to the warrants;

Metal Tiger, reflective of the premium price paid for Thor stock, will receive a 90 day right of first refusal to participate in any new joint venture, acquisition or similar transaction undertaken by Thor during this period;

The right of first refusal shall not automatically include any current discussions or negotiations with third parties in relation to existing Thor projects held or projects already under review, however Thor may extend an invitation to Metal Tiger to participate should this be considered appropriate to all parties.


Following this issuance, Metal Tiger will be interested in 61,350,000 ordinary shares of Thor which following admission to trading will represent 9.94% of the issued share capital of Thor.

For the year end 30 June 2017 Thor Mining plc reported an audited net loss of £1,283,000 and as at 30 June 2017 had audited net assets of £9,910,000.

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

“Metal Tiger is a financially robust and proactive natural resource investing business looking for new opportunities to deploy capital into companies and projects with considerable upside potential. We are delighted to increase our position through this strategic financing.

We consider the size, potential and scalability of Thor’s key projects to be of significant interest and that the current valuation placed on Thor offers considerable upside potential for investors.

We look forward to working with Thor to assess commercialisation opportunities.

Metal Tiger remains highly engaged on its current key projects in Botswana and Thailand and will continue to innovate on the investing arm to bolster its balance sheet with a view to minimise dilution for investors as it funds its 30% joint venture interest in Botswana and covers minimal monthly costs in Thailand whilst progress is awaited on key regulatory matters.”

https://www.metaltigerplc.com/index.php/news/1191-strategic-investment-agreement-thor-mining-2018-01-23-120200

geoffsh - 24 Jan 2018 23:10 - 398 of 474

............................MOD RNS.................................






www.asx.com.au/asxpdf/20180125/pdf/43r1dz9x64045w.pdf

banjomick - 25 Jan 2018 10:02 - 399 of 474

25 January 2018
Metal Tiger Plc

Botswana Copper/Silver Project T3 Update & Major Regional Exploration Programme

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) (MOD) in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal Tiger).

Highlights:

T3 Open Pit Prefeasibility Study assuming a 2.5Mtpa base case and 4.0Mtpa upside case, on track and due to be completed by end of January. The T3 Open Pit and T3 Underground resource drilling will continue through H1 2018.

Major regional exploration programme commenced, focussed on targets outside T3 Project area, namely the T3 Dome, T20 Dome and ‘T-Rex’ targets.

Objective to replicate T3 discovery techniques (soil sampling, geophysics & drill testing).

Environmental Management Plan (EMP) lodged for drill testing of highest priority T3 Dome airborne electromagnetic (AEM) geophysics survey targets, approval expected March.

T3 Dome AEM geophysics 193km2 survey-extension completed, results pending.

Trial AEM geophysics survey (circa 787km2) on T20 Dome and T4 (2m@6.12% Cu & 111g/t Ag) will commence in early February.

Soil anomalies extend >140km along Central Structural Corridor from T3 Dome to T20 Dome, including a 60km long zone with anomalous copper and Zinc at T20 Dome.

Tshukudu has exercised the Option to acquire two key licences (1,010km2) over T20 Dome.


Michael McNeilly Chief Executive Officer of Metal Tiger commented:

“We are pleased to outline the key elements of our comprehensive strategy to test the copper potential of our tenement holdings outside of the immediate T3 Project area.

Given the initial findings of the joint venture’s regional soil and geophysics programmes, and the increased knowledge of the structural controls and mineralisation styles likely linked to the new copper and zinc anomalies, we feel that the continued investment through regional drill testing is likely to yield exciting returns.

Benefiting from the updated knowledge of the distribution and style of copper deposits in this part of the Kalahari Copper Belt, we consider it a strong possibility, that one or more of the regional anomalies, within our extensive tenement package, will turn out to be an as-yet undiscovered T3 style sediment hosted copper deposit.

As part of the Mining Indaba week in Cape Town, Metal Tiger and MOD Resources will be meeting investors and plan to discuss the results of the Prefeasibility Study at the 121 Mining Investment event on 5th to 6th February. This will be followed by a T3 site visit with a number of investors and interested parties.”

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***

https://www.metaltigerplc.com/index.php/news/1192-botswana-coppersilver-project-t3-update-major-regional-exploration-programme-2018-01-25-070000

banjomick - 29 Jan 2018 09:54 - 400 of 474

29 January 2018
Metal Tiger Plc

On market purchase – Thor Mining

Metal Tiger plc (LON:MTR) is pleased to announce that it has purchased on market, 5,750,000 shares in Thor Mining plc (LON/ASX:THR “Thor”) at an average price of 3.25p per share.

Metal Tiger’s holding in Thor is 67,100,000 representing 10.87% of the issued share capital in Thor.

For the year end 30 June 2017 Thor Mining plc reported an audited net loss of £1,253,000 and as at 30 June 2017 had audited net assets of £9,910,000.

https://www.metaltigerplc.com/index.php/news/1193-on-market-purchase-thor-mining-2018-01-29-075100

geoffsh - 30 Jan 2018 22:55 - 401 of 474

The Pre Feasability Study has been released.







www.asx.com.au/asxpdf/20180131/pdf/43r5bxy6b4p5yq.pdf




banjomick - 31 Jan 2018 10:59 - 402 of 474

31 January 2018
Metal Tiger Plc

Botswana Copper/Silver Project T3 Pre-Feasibility Study 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 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)."


"Michael McNeilly Chief Executive Officer of Metal Tiger commented:

The Board of Metal Tiger are delighted with the outcome of the Pre-Feasibility Study and commend our joint venture partners MOD Resources, our external consultants, governmental stakeholders and all of the Tshukudu team for their tireless work and support in getting the project to this point.

The fact that the JV has taken from discovery to a very robust PFS in little more than twenty-two months is tantamount to the level of work and commitment all the stakeholders have put in to the project.

We would also like to thank our shareholders for backing us and helping us to achieve this milestone."

It Is exciting to report that with the robust PFS results to hand both Metal Tiger and MOD are unified in our commitment to progress the project to the next level, and will be commissioning further studies to upgrade understanding to a Feasibility Study level, with work due to commence this quarter.

This announcement coincides with an update released today by MOD, which contains supportive images and JORC (2012 edition) Table 1, and 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=5836530

banjomick - 31 Jan 2018 11:01 - 403 of 474

31 January 2018
Metal Tiger Plc

Kingsgate Investment Update

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, announces that it has sold its remaining shares in Kingsgate Consolidated Limited (“KCN”) bringing its holding down from 11,504,685 shares in KCN to zero shares.

These sales resulted in gross proceeds of circa AUD$3,464,668 (circa £1,973,209).


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

“Metal Tiger has decided to sell out of its entire KCN stake to materially increase the cash balance so that it can focus on its existing investments and assess new investment opportunities.”

https://www.metaltigerplc.com/index.php/news/1196-kingsgate-investment-update-2018-01-31-083300

banjomick - 31 Jan 2018 22:09 - 404 of 474

Metal Tiger very pleased with Pre-Feasibility Study on Botswana copper joint venture (Video)
13:57 31 Jan 2018

Michael McNeilly, chief executive of Metal Tiger PLC (LON:MTR) tells Proactive the completed Pre-Feasibility Study on their joint venture project with partner MOD Resources Limited (ASX:MOD) in the Kalahari Copper Belt in Botswana for the T3 Open-Pit looks “very robust”.

He adds the PFS found that T3 offers a low-risk, low capital pathway to copper production.

MOD Resources owns 70% of the Botswana joint venture, while Metal Tiger has a 30% stake.

http://www.proactiveinvestors.co.uk/companies/stocktube/8687/metal-tiger-very-pleased-with-pre-feasibility-study-on-botswana-copper-joint-venture-8687.html
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