Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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 - 02 Jul 2018 18:48 - 442 of 474

2 July 2018
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 Company’s 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:

Total Mineral Resource Estimate for T3 now upgraded to 60Mt @ 0.98% Cu & 14g/t Ag (0.4% Cu cut-off) for a contained 590Kt copper and 27Moz silver metal.
44% increase in contained copper verses previous Resource (24th August 2017), at a 0.4% Cu cut-off.
46% of revised Total Resource now classified as higher confidence Indicated Mineral Resource (0.4% Cu cut-off).
At 0.5% Cu cut-off, 31% increase in Total Resource tonnes to 47Mt with 30% increase in contained copper (total 531.5Kt Cu), compared to previous Resource.
Significant increase in copper grades at higher cut-offs; revised Resource has increased from 1.43% Cu to 1.97% Cu at 1.0% Cu cut-off.
Upgraded Resource appears to support (or potentially exceed) the Expansion Case Open Pit model in the Prefeasibility Study (31 January 2018).
Drilling ongoing to extend high-grade underground potential outside of planned T3 Pit.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

“We are delighted to report a substantial Resource upgrade for the T3 Open Pit deposit. The revised Resource prepared by CSA Global, the well-respected independent resource consultants, has exceeded the JV expectations.The T3 Project Team is now assessing how the Resource increase will impact on the T3 Open Pit mine economics, with potential that mine life and production could be extended beyond the, 28ktpa Cu over 12 years, US$1.1B EBITDA, Expansion Case Open Pit model from the Prefeasibility Study.

With drilling continuing within the wider T3 Dome Complex we are hopeful that further significant copper deposits might be discovered within similar buried domes, and we look forward to reporting further exciting results.”

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

https://www.metaltigerplc.com/index.php/news/1236-t3-resource-major-increase-2018-07-02-070000

***More via link below:***

https://www.metaltigerplc.com/index.php/news/1236-t3-resource-major-increase-2018-07-02-070000

banjomick - 09 Jul 2018 09:09 - 443 of 474

9 July 2018
Metal Tiger Plc

Botswana Copper/Silver Project A4 Dome Visible Copper

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:

·Significant visible copper sulphides logged in MO-A4-003D the latest diamond drill hole testing the A4 Dome. Hole is targeting the core of A4 Dome, 1.8km west of MO-A4-001D which intersected a wide zone of trace mineralisation (announced 12 June 2018).
·Strong visible copper mineralisation intersected in veins currently over a 67m downhole interval commencing from 232m to 299m downhole depth.
·Dominant copper vein mineralisation is chalcopyrite, with localised bornite and chalcocite increasing with depth in the vein zone.
·Drilling of MO-A4-003D continues with current depth circa 334m and a target depth of >600m to test deeper geophysical targets defined from airborne electromagnetic (EM) data and to test the prospective Ngwako Pan Formation (NPF) contact inferred below the target sequence.
·Mineralised core from MO-A4-003D is being processed through the JVs sample preparation facility in Ghanzi and will be assayed as soon as possible.
·A third drill rig has commenced drilling at A4 Dome with three holes now in progress (MO-A4-002D, MO-A4-003D, MO-A4-004D).
·A4 Dome is first of seven buried domes to be drilled in T3 Dome Complex as part of a major drilling campaign, with five drill rigs now operating.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

We are delighted to report that the latest drill hole testing the core of the A4 Dome has intersected what looks to be significant copper sulphide mineralisation. The onsite geologists are particularly excited by the stockwork morphology of the mineralisation which is a style previously unseen by the JV drilling. This has further implications in that the A4 Dome appears to be an intact dome, so any vein hosted mineralisation deposited within the dome should still be there. Everyone is looking forward to receiving the assay results.

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

A4 Dome Drilling Summary ***via link below***

http://www.moneyam.com/action/news/showArticle?id=6043626

banjomick - 10 Jul 2018 08:23 - 444 of 474

10 July 2018
Metal Tiger plc

Kalahari Metals Limited - Exploration Commences with Airborne Geophysics

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update regarding Kalahari Metals Limited (“KML”) exploration progress.

KML holds interests in seven highly prospective exploration licences covering 4,063km2 in the Kalahari Copper Belt, consisting of two 100% owned exploration licences and five exploration licences subject to a binding earn-in agreement with Triprop Holdings (Pty) Limited (“Triprop”). Under an investment agreement MTR have the right to acquire up to 50% of KML (announced 6 June 2018) giving MTR further exposure to largely unexplored ground, adjacent to significant recent discoveries in the highly prospective Kalahari Copper Belt.

Highlights

-Exploration programme commenced for Cu-Ag mineralisation on the substantial KML landholding in the Kalahari Copperbelt in Botswana.
-Highly experienced New Resolution Geophysics (“NRG”) contracted to conduct airborne high resolution magnetic and electromagnetic surveys (“AEM”) on the prospective Okavango Project (Eastern Block) and Ngami Copper Project (Western Block) concessions.
-Airborne high resolution magnetic and AEM surveys are part of a proven cost-effective methodology for delineating copper mineralisation on the Kalahari Copper Belt.
-Both airborne surveys scheduled to start in July with processed results expected in September 2018.
-Surveys will cover a total of 16,700 line-km of magnetics and 1,982 line-km of AEM.
-Survey data will provide valuable information for mapping contacts such as the prospective D’Kar and Ngwako Pan Formations and prospective structural formations such as the T3 Dome and T20 Domes associated with MTR’s T3 joint venture project.
-Survey will seek to delineate the extension of copper mineralised contacts hosting neighbouring Cupric Canyon Capital’s Zone 5 Deposit (100.3 Mt @ 1.95% Cu & 20 g/t Ag), 5N and Zeta resources into KML’s Okavango Project area.
-Loci Environmental (PTY) Ltd the Botswana-based environmental consultants have been engaged to prepare and obtain environmental permitting in anticipation of a follow-on exploration drilling programme.

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

“We are very pleased to announce the start of what will, not doubt, be an exciting and hopefully rewarding exploration programme over the two Kalahari Metals Limited Okavango and Ngami Copper Projects in a world class copper region in Botswana.

With the Okavango Project located directly along strike from the major Cupric Canyon Capital copper deposits and the Ngami Project located to the north of our T3 Feasibility Stage joint venture project; Metal Tiger enjoys very significant exposure to the potential discovery of new copper and silver deposits.

We look forward to keeping our shareholders abreast of project developments and results as work efficiently progresses”.

https://www.metaltigerplc.com/index.php/news/1241-strategycompanyoperations-update-2018-07-10-070000

banjomick - 16 Jul 2018 08:43 - 445 of 474

16 July 2018
Metal Tiger Plc

Botswana Copper/Silver Project T3 Indicated Mineral Resource Increase

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:

*Re-classification of the T3 Mineral Resource Estimate announced on 2 July 2018, by CSA Global, has resulted in a 13% increase in contained copper in the Indicated Resource Category (at a 0.4% Cu cut-off).
*Total Mineral Resource Estimate remains at 60Mt @ 0.98% Cu & 14g/t Ag (0.4% Cu cut-off) for a contained 590Kt copper and 27Moz silver metal.
*Indicated Mineral Resource contains 417Kt copper and 18.6Moz silver (0.4% cut-off) representing 70% of contained copper and 61% of the tonnes in the total Mineral Resource.
*Drilling ongoing to extend high-grade vein underground potential outside of planned T3 Pit and for strike extensions outside the T3 PFS Expansion Case Pit design.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

Following on from the T3 Mineral Resource Estimate update announced on 2nd July, we are delighted to report that a Resource re-classification review has resulted in a substantial increase of contained copper in the, higher confidence, Indicated category.

The projects technical team consider that the Resource upgrade may well support an increase in the design throughput of the planned T3 processing plant, and that there is now the potential that the Feasibility Study Ore Reserve could significantly exceed the Ore Reserve used in the PFS.

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 Deposit Resource Classification Upgrade---(via link below)

http://www.moneyam.com/action/news/showArticle?id=6052597

banjomick - 18 Jul 2018 08:49 - 446 of 474

8 July 2018
Metal Tiger plc

Sale of T3 Project and creation of New Exploration Joint Venture with MOD Resources

"Metal Tiger is pleased to announce that it has signed a binding agreement (the Agreement) with its joint venture partner MOD Resources Limited (MOD) to sell its 30% interest in the T3 Project in consideration for 17,200,000 MOD shares and 40,563,566 options to receive a further 40,563,566 MOD shares for nil consideration (Options), exercisable under certain conditions, for a total value equivalent to A$27.7 million based on the last traded price of MOD shares on the ASX as at 17 July 2018 of A$0.48 per share.

Under the Agreement, Metal Tiger and MOD will also transfer control of all remaining exploration licenses held under the existing joint venture arrangement (i.e. excluding the T3 Project) to a new exploration joint venture company to be owned 70% by MOD and 30% by Metal Tiger (New JV). The New JV will continue the ongoing exploration programme over the 18 exploration licences covering 7,978 km2 of prospective land in the Kalahari Copper Belt."


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

"We are delighted to sign this deal with our long-standing partner MOD, which is the culmination of five months of hard work on both sides. We believe this deal represents an exceptional outcome for both Metal Tiger and MOD shareholders and the optimal path forward for the advancement of the T3 Project. The creation of the new exploration JV preserves and formalises Metal Tiger and MODs highly successful exploration partnership in the Kalahari Copper Belt where we continue to see scope for substantial value creation in the short term and will continue to draw upon the joint financing capabilities of both the London and Australian markets.

Through the transaction Metal Tiger will become the largest shareholder in MOD and is pleased to give its full support to the MOD Board to continue their excellent work in the management of exploration activities and the expeditious development of T3. We have full confidence that Metal Tigers investment in MOD will deliver exceptional returns for Metal Tiger shareholders."

***Full details via link below***

http://www.moneyam.com/action/news/showArticle?id=6056197

banjomick - 31 Jul 2018 13:34 - 447 of 474

Metal Tiger plc
31 July 2018

Thai Minerals Management Master Plan

Metal Tiger is pleased to announce that on 31 July 2018, the Thai Cabinet approved the 20-year mineral management strategy (2017-2036) and the 5-year mineral management master plan for 2017-2021 (the Master Plan) meaning that both the strategy and the Master Plan are effective immediately. Mining lease application areas and special prospecting licence application areas under the KEMCO project as well as the Thai JV all fall into the MDA classification and the approval of the Master Plan therefore removes a significant legislative hurdle to the progression of Metal Tigers Thai project and enables the Thai JV to formally progress all licence applications. The strategy and Master Plan aims to integrate Thailands management of mineral resources while ensuring that the mining industry will be environmentally friendly, with an elevated focus on the quality of life of people affected by the mining industry. In the approved strategy, four points of emphasis have been included:

the classification of mineral zone;
the formulation of mineral policy;
the development of a regulatory mechanism; and
the promotion of general public participation.

The Master Plan classifies areas and/or specific minerals that should be restricted or conserved and designates mineral deposit areas (MDAs) where mining will be permissible. Designation of the MDAs is based on the criteria that a deposit must be rich in mineralisation with high economic value, and that there must be available technology for effective mining with suitable measures for protection from environmental impact and protection of public health. Under the first 5-year Master Plan, in order to allow continuity of the mining industry, areas covered by mining leases, registered mining lease renewal applications, registered mining lease applications, prospecting licences and areas designated for aggregate mining are all classified as MDAs.

Michael McNeilly, Chief Executive Officer of Metal Tiger plc commented: The 20-year mineral management strategy and the first 5-year mineral management master plan has been under consideration by the Government of Thailand for over a year, and this represents a major milestone and the removal of a major hurdle that has kept Metal Tigers mining projects in Thailand from progressing. We are delighted that the Thai mining and exploration licence applications are now in a position to progress towards granting.

http://www.moneyam.com/action/news/showArticle?id=6073401

banjomick - 03 Aug 2018 16:49 - 448 of 474

16:40 Metal Tiger PLC (MTR) Second Price Monitoring Extn RNS
16:35 Metal Tiger PLC (MTR) Price Monitoring Extension RNS

http://www.moneyam.com/action/nav/news?epic=MTR

banjomick - 06 Aug 2018 08:58 - 449 of 474

Metal Tiger Plc

Placing of £3.45 million and minimum offering of approximately £1.15 million to clients and affiliates of the Sprott Group of Companies

Metal Tiger (LON: MTR), the natural resources investing company, is pleased to announce a placing (the “Placing”) with UK institutional and high net worth investors at a price of 2.8p per share to raise gross proceeds for the company of circa £3.45 million.

The Company is further pleased to announce that it will complete a non-brokered private placement with certain affiliates and clients of the Sprott Group of Companies (“Sprott”) for a minimum of £1.148 million (the “Sprott Offering”), on the same terms as the Placing.

The gross proceeds of the Placing and the Sprott Offering (together, the “Fundraising”) will total a minimum gross proceeds of £4.6m, and will be used to fund Metal Tiger’s portion of its commitment to its Joint Venture project with partners MOD Resources Limited (ASX:MOD) in the Kalahari Copper Belt in Botswana (30% Metal Tiger / 70% MOD Resources), to finance possible further investment in Kalahari Metals Limited (“KML”) in the same region, as well as for working capital and general corporate purposes.

Shareholders should note that the Sprott Offering is conditional on certain conditions being met before the closing date of 31 August 2018 (the “Closing Date”). If these conditions are not met by the Closing Date, the Sprott Offering may not occur and Metal Tiger may not raise the minimum £1.148 million. The Closing Date for the Sprott Offering may be changed upon the mutual agreement of Sprott and Metal Tiger.

Highlights of the Placing:

Placing of 123,216,595 new ordinary shares in Metal Tiger at a placing price of 2.8p per ordinary share (the “Placing Shares”) raising gross proceeds of approximately £3.45 million.

Issue of 123,216,595 warrants to subscribe for 123,216,595 new ordinary shares in Metal Tiger at an exercise price of 5p per warrant, within a 3year exercise period from the date of admission of the shares to trading (“Warrants”).
Placing taken place at a circa 17% discount to the previous day closing price.
Placing undertaken with new and existing Metal Tiger shareholders.

Funding to augment existing underlying working capital underpinning the Company’s joint ventures in its Metal Projects division, with a specific focus on the Company’s Botswanan exploration projects.


Michael McNeilly Chief Executive Officer of Metal Tiger commented:

“We are very pleased with the level of support from both UK and international investors in this fundraising.Sprott continue to support Metal Tiger, which is demonstrable of their belief in the Company and its investments. For investors wanting exposure to the highly prospective Kalahari copper belt in Botswana, Metal Tiger offers a unique way of gaining de-risked exposure in early and later stage development projects. This investment will allow the Company to further cement its position on the belt as we continue to deliver value to our shareholders.

I would like to thank all those existing and new investors who participated and we look forward to continuing to execute our strategy of investing in exciting companies and projects where significant value exists for our shareholders.”

**More via link below***

https://www.metaltigerplc.com/index.php/news/1251-placing-of-345-million-and-minimum-offering-of-approximately-115-million-to-clients-and-affiliates-of-the-sprott-group-of-companies-2018-08-06-070000

banjomick - 06 Aug 2018 09:00 - 450 of 474

Botswana Copper/Silver Project – A4 Dome Outstanding Drill Intersection Confirmed

https://www.metaltigerplc.com/index.php/news/1250-botswana-coppersilver-project-a4-dome-outstanding-drill-intersection-confirmed-2018-08-06-070000

banjomick - 20 Aug 2018 08:54 - 451 of 474

20 August 2018
Metal Tiger plc

Kalahari Metals Limited - Earn-In and Exploration Update

Metal Tiger (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update regarding Kalahari Metals Limited (“KML”) exploration progress. KML has entered into an exclusivity period with Resource Exploration and Development Limited (“RED”) to undertake due diligence with a view to acquiring an additional 5 licenses in Botswana. The licenses include 4,661 km2 of recently granted permits strategically located in the Kalahari Copper Belt. The prospective land package provides an excellent opportunity for KML to expand its current land position in the emerging Kalahari Copperbelt. This will strengthen KML’s position on the Copperbelt adding to its existing interests in seven highly prospective exploration licences covering a total of 4,063km2. Under the investment agreement announced on 6 June 2018, Metal Tiger has the right to acquire up to 50% of KML giving Metal Tiger further exposure to a significant area of largely unexplored ground, adjacent to significant recent discoveries in the highly prospective Kalahari Copper Belt.

Exploration update

KML holds interests in seven exploration licences; two 100% owned exploration licences; and five exploration licences subject to a binding earn-in agreement with Triprop Holdings (Pty) Limited (“Triprop”). At two of KML’s target copper projects, the Okavango Copper Project and Ngami Copper Project (“Okavango” and “Ngami”), magnetic and first phase electromagnetic airborne surveys have been completed.

Highlights Include:

Airborne high resolution magnetic and electromagnetic (“AEM”) surveys (announced 10 July 2018), have now been completed over the prospective Okavango Project (Eastern Block) and Ngami Copper Project (Western Block) concessions.
Total of 16,700 km2 of high-resolution magnetic data were collected over priority areas identified at Okavango.

KML anticipates final processed survey results by the end of August 2018.
Processed survey data will help target the mineralised redox contact at the base of the D’Kar Group as well as identifying favourable regional structures and anticlines which have the potential to host mineralisation in analogous settings to the Mod Resources T3 Deposit.

High-resolution magnetic data provides an essential base map for exploration under sand cover and has been used successfully by recent explorers elsewhere in the Kalahari Copperbelt.
The first phase of AEM surveys have been designed to provide regional structural information and the follow-up programme will include higher resolution AEM surveys targeting areas of interest identified in the current phase of work.
Results from the AEM will be used to provide priority areas for follow-on drill testing.

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

“Metal Tiger has significant interest in the Kalahari Copperbelt through its interests with MOD and KML and these early indications from KML are encouraging. Work continues a pace and we look forward to receiving the processed first phase survey results and following on with the interpretation and prioritising of drill targets.”

https://www.metaltigerplc.com/index.php/news/1254-metal-tiger-plc-kalahari-metals-limited-earn-in-and-exploration-update-2018-08-20-073400

banjomick - 31 Aug 2018 09:08 - 452 of 474

Friday, 31 August, 2018
Metal Tiger Plc

Metal Tiger Fundraising closes on £6.2 million, including £2.6 million from the Sprott Offering

Metal Tiger (LON:MTR), the natural resources investing company, is pleased to announce that, further to the announcement on 6 August 2018, the Sprott Offering has closed oversubscribed, raising gross proceeds for the Company of approximately £2.6 million.

In aggregate, the Company has raised total gross proceeds of £6.132 million from the Sprott Offering and the Placing announced on 6 August 2018 (together, the “Fundraising”). This represents the largest fundraise by the Company to date.

The proceeds of the Fundraising will be used to fund Metal Tiger’s portion of its commitment to 2018 budget for its Joint Venture project with partners MOD Resources Limited (ASX:MOD) (“MOD”) in the Kalahari Copper Belt in Botswana (30% Metal Tiger / 70% MOD Resources), for its commitment to its recently acquired Joint Venture with Kalahari Metals Limited (“KML”) in the same region, as well as for working capital and general corporate purposes.

Highlights of the Sprott Offering:

*Issue of 93,425,714 new ordinary shares in Metal Tiger at a subscription price of 2.8p per ordinary share (the “Placing Shares”) raising gross proceeds of £2,615,920;

*Issue of 93,425,714 warrants to subscribe for 93,425,714 new ordinary shares in Metal Tiger at an exercise price of 5p per warrant, within a 3 year exercise period (“Warrants”);

*Placing undertaken with new and existing Metal Tiger shareholders;

*Funding to augment existing underlying working capital underpinning the Company’s joint ventures in its Metal Projects division, with a specific focus on the Company’s Botswanan exploration projects; and

*Sprott Capital Partners, a division of Sprott Private Wealth LP and Sprott Global Resource Investments, Ltd. were engaged as finders to Metal Tiger in the Sprott Offering.

In addition, the Company has accepted a further subscription for new shares from a London based investor of £15,000 on the same terms as the Placing (“Further Subscription”).

The 93,425,714 new ordinary shares to be issued pursuant to the Sprott Placing and the Further Subscription are expected to be admitted to trading on AIM on or around 6 September 2018. Exploration Capital Partners has participated for 37,395,942 new ordinary shares bringing its total holding post issue to 137,395,942 ordinary shares representing circa 10.18% of the issued share capital of the Company.

Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 1,349,956,065. 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 1,349,956,065 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.

Unless otherwise defined, all capitalised terms in this announcement have the meaning given to them in the announcement made by the Company on 6 August 2018.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

“The Board and I are extremely pleased to have raised an additional £2.6m from the Sprott Offering raising more than double the minimum commitment from Sprott. This brings the total amount raised on the same terms to circa £6.13m. This fundraise is the single largest investment in Metal Tiger to date and was done at a price which was significantly higher than MTR’s average price over the course of 2018.

The continued institutional support along with the support from London means that Metal Tiger is now exceptionally well positioned to advance its many investments, in particular, its Joint Venture with MOD Resources and its investment Kalahari Metals. We believe that there is significant upside in exploration in the Kalahari Copperbelt and we believe MTR is uniquely positioned to benefit from any future exploration success”

https://www.metaltigerplc.com/index.php/news/1256-metal-tiger-fundraising-closes-on-62-million-2018-08-31-070000

banjomick - 04 Sep 2018 08:59 - 453 of 474

4 September 2018
Metal Tiger Plc

Botswana Copper/Silver Project A4 Dome Intersection 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 partner MOD Resources Limited (ASX:MOD) (MOD) in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal Tiger).

Highlights:

Latest batch of assay results confirm further copper intersections at A4 Dome, located 8km from T3 Project:
Hole MO-A4-003D, down hole intersections:
31.2m @ 1.1% Cu & 11g/t Ag from 560m, including
5.0m @ 2.2% Cu & 22g/t Ag, from 586m (NPF contact)
Previously reported upper intersection: 52m @ 1.5% Cu & 14g/t Ag from 232m, including 15.5m @ 2.9% Cu & 42g/t Ag, from 269m (6 August 2018).
Hole MO-A4-004D, down hole intersections:
19.3m @ 1.0% Cu & 10g/t Ag from 485m, including
4.3m @ 2.3% Cu & 21g/t Ag, from 500m (NPF contact)
Assays results awaited for two further holes with potentially significant visible chalcocite and bornite vein hosted mineralisation logged:
MO-A4-005D (230m south of MO-A4-003D) visible mineralisation from 443m downhole.
MO-A4-008D (400m west of MO-A4-003D) wide zone of visible and locally strong mineralisation from 230m downhole.
Two stratigraphic zones of mineralisation upper south dipping high grade veins above the lower NPF contact.
Nine holes to date at A4 Dome have intersected copper mineralisation, only 1km of 5km long interpreted structural target zone tested to date.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

We are very pleased to announce further wide copper intersections on the A4 Dome, where drilling is building out copper mineralisation in a way reminiscent of the T3 Deposit. We are looking forward to determining whether the visibly strong vein hosted mineralisation seen in one of the latest holes, MO-A4-008D, correlates with the high-grade assay intersections in hole MO-A4-003D, which are separated by a strike distance of 400m.

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

A4 Dome Drilling Update

The circa 5km long A4 Dome is located 8km from the 60Mt T3 Pit Project and planned processing plant.

The A4 Dome and the A1 Dome, together with the T3 Deposit, form part of the ~700km2 T3 Dome Complex.

Assay results and infill drilling are required to help determine whether the strong vein hosted mineralisation seen in MO-A4-008D correlates with that intersected in MO-A4-003D.

The NPF contact hosts most of the resources in the eastern Kalahari Copper Belt, including the 100Mt @ 2% Cu Zone 5 underground resource planned to be developed by Cupric Canyon Capital, along strike from the T3 Dome Complex.
The NPF contact may underlie a wide area of the T3 Dome Complex, including the T3 Deposit where many holes intersected the NPF mineralisation similar to A4 Dome.

Five drilling rigs now on site with more to commence drilling in next few days.

http://www.moneyam.com/action/news/showArticle?id=6113839

banjomick - 10 Sep 2018 09:09 - 454 of 474

10 September 2018
Metal Tiger Plc

On market purchase MOD Resources Limited

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that it has purchased, on market, 94,178 shares in MOD Resources Limited (MOD) (ASX:MOD) at an average price of A$0.425 per share.

Metal Tiger's holding in MOD is 13,974,220 representing 6.1% of the issued share capital in MOD.

MOD reported net assets of A$45,770,278 and a net loss of A$2,296,952 for the six months ended 30.06.18

http://www.moneyam.com/action/news/showArticle?id=6121268

banjomick - 11 Sep 2018 08:23 - 455 of 474

11 September 2018
Metal Tiger Plc

Botswana Copper/Silver Project Environmental Approval for A20 Dome Complex Drilling

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

Highlights:

*Botswana Department of Environmental Affairs has approved Environmental Management Plan (EMP) for drilling part of T20 Dome Complex.

*EMP covers drilling within a circa 700km2 area in the northern part of the T20 Dome Complex, approximately 80km west of the T3 Dome Complex.

*Diamond core drilling planned to commence in Q4 2018 subject to a four-week public review period starting 21 September 2018.

*First planned drill targets are:

-T4 Dome, T4 Prospect where previous reverse circulation drilling intersected 2m @ 6% Cu & 111g/t Ag from 101m depth (announced 1 April 2016) and soil sampling and airborne electromagnetic (EM) geophysics data has defined a conductive structure coincident with a 5-6km long copper anomaly (announced 16 April 2018); and
-T23 Dome, 15km west of T4 Prospect, the interpreted continuation of the EM conductive structure extending from T4 through the interpreted T23 Dome.

*Current 940km2 airborne EM survey over the T20 Dome (announced 4 September 2018) linking three previously flown EM blocks, is also extending over the T17 and T7 target areas, north and south of T20 respectively.

*6 drilling rigs are now operating at the A4 Dome with assay results awaited from several significant intersections.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

We are very pleased to announce the receipt of the Environmental Management Plan (EMP) approval for the planned drill programme within the A20 Dome Complex. Subject to a statutory four-week public review period, this approval will allow for diamond drilling to commence over the T4 Prospect, a strong copper anomaly, where previous RC drilling in early 2016 intersected shallow high-grade copper and silver mineralisation, only superseded by the discovery of T3.

We are excited at the prospect that T4 and the wider T20 Dome Complex will yield further high-grade intersections and are eager to apply the teams technical knowledge to the discovery of further copper deposits in this part of the emerging copper belt.

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

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 13,974,220 MOD shares, equivalent to 6.1 % of MODs issued share capital and 154,167 MOD options each exercisable price of 6 cents (Australian) on or before 15 April 2019.

http://www.moneyam.com/action/news/showArticle?id=6122868

banjomick - 27 Sep 2018 08:51 - 456 of 474

Metal Tiger Plc

2018 Interim Report

Unaudited interim results for the six months ended 30 June 2018


http://www.moneyam.com/action/news/showArticle?id=6143930

banjomick - 01 Oct 2018 10:50 - 457 of 474

1 October 2018

Metal Tiger plc

("Metal Tiger" or the "Company")

Directorate Change

Metal Tiger, the London Stock Exchange AIM listed investor in strategic natural resources opportunities, today announces the resignation of Keith Springall as Finance Director and Company Secretary as Keith looks to pursue other business interests.

Keith Springall will be replaced by Malcolm Bacchus FCA, as a non-Board part-time finance director and interim Company Secretary.

Malcolm Bacchus qualified as an ICAEW Chartered Accountant in 1981 and set up his own consultancy business in 1994 providing accountancy and management solutions and interim management services. During this period, he has also held various roles as finance director, including full board appointments, to a number of private, BES and AIM listed companies. Since 2011 he has provided consultancy services to a range of SMEs and AIM companies including, more recently, Metal Tiger. He is an elected Council member of ICAEW.

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

On behalf of the Board, I would like to thank Keith Springall for his contribution to the growth of Metal Tiger and would like to wish him all the best in his future endeavours. Malcolm has previously been involved in the finance function of Metal Tiger as a consultant and we look forward to working with him in his new capacity

https://www.moneyam.com/action/news/showArticle?id=6148108

banjomick - 16 Oct 2018 09:31 - 458 of 474

16 October 2018
Metal Tiger Plc

Botswana Copper/Silver Project - T3 Feasibility Study 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 partner MOD Resources Limited (ASX:MOD) ("MOD") in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal Tiger).

Highlights:

· T3 Mine Feasibility Study progressing well within budget, due for completion March 2019.


· Metallurgical test work results identify capital and operational cost savings versus Pre-Feasibility Study.


· Botswana Power Corporation has commenced regional electricity grid infrastructure building including a power line which is due to pass within 12km of planned T3 Mine site.


· First stage of T3 accommodation village complete with further expansion planned.


· Scope and Terms of Reference for T3 Environmental Social Impact Assessment approved by Botswana Department of Environment Affairs, report due Q4 2018.

· Completion of the Feasibility Study and approval of the Environmental Social Impact Assessment are required ahead of applying for the T3 mining license, which is anticipated in H1 2019.



Michael McNeilly Chief Executive Officer of Metal Tiger commented:

"We are delighted to report that the T3 Mine Feasibility Study remains on track to complete in March 2019, with the engineering and design works both on schedule and within budget.

T3 continues to surprise to the upside and, at each juncture, capitalises our belief that this is a highly economic and significant copper project. The findings of the Feasibility level metallurgical test work are particularly encouraging with the coarser grind metal recoveries supporting a reduction in anticipated capital, operational and power costs versus the Pre-Feasibility Study stage model."

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.moneyam.com/action/news/showArticle?id=6168363

banjomick - 26 Oct 2018 09:56 - 459 of 474

26 October 2018
Metal Tiger Plc

Botswana Copper/Silver Project Licences Extended

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:

Botswana licensing authority has granted two-year extensions to key joint venture (JV) prospecting licences (PLs) which were due for renewal by 31 December 2018, this includes PL 190/2008 which holds the T3 Copper Project, the T3 Expansion Project and the A4 Dome.

Ministerial approval received for transfer 8 JV licences (excluding PL 190/2008) from Tshukudu Metals Botswana (Pty) Ltd into new Botswana registered JV exploration company, Tshukudu Exploration (Pty) Ltd, held MOD (70%) and MTR (30%). The transfer approval for a further 10 licences is pending.

Transfer helps mitigate risk by separating exploration (Tshukudu Exploration) from future development (Tshukudu Metals) activities.
No land was required to be dropped during the licence renewal, total landholding in prospective licences retained.

Extension of PL 190/2008 licence and transfer of other PLs into new JV vehicle are key conditions precedent for MOD to acquire 100% of T3 Copper Project (announced 18 July 2018).

Drilling preparations underway at the T23 Dome, T4 target (2m @ 6% Cu & 11g/t Ag announced 1 April 2016) and T22 geophysics and soil anomaly (6km east of T4), within the northern section of the T20 Exploration Project (previously named T20 Dome Complex). Drilling permissions follow-on from Environmental Management Plan public review period and licence extensions.

Airborne Electromagnetic geophysics survey covering 940 km2 of the T20 Exploration Project and parts of the T1 and T17 target areas has now been completed with the results currently being compiled.


Michael McNeilly Chief Executive Officer of Metal Tiger commented:

We are delighted to report the successful renewal of all JV licences which were due to expire on the 31 December 2018. This timely renewal secures tenure and retains 100% of the prospective ground under licence.

The renewal of the T3 Project licence and the transfer of remaining prospective licences into a new joint venture exploration focussed vehicle is also an important step in the agreement for MOD to acquire the T3 Project outright and for MTR to realise substantial value for the deposit whilst still enjoying the potential upside from further exploration discoveries. The transfer of the T3 Project into a 100% held vehicle should streamline the projects financing options.

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

https://www.moneyam.com/action/news/showArticle?id=6182384

banjomick - 31 Oct 2018 09:50 - 460 of 474

31 October 2018
Metal Tiger plc

Kalahari Metals Limited Phase 1 Exploration & Investment Update

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update regarding Kalahari Metals Limited (KML) copper-silver exploration progress.

Highlights

KML 2018 Phase 1 Exploration Programme completed to plan and on schedule.
Drilling at the Ngami Copper Project to be allowed to proceed under an Environmental Management Plan (EMP) as agreed with the Botswana Department of Environmental Affairs. KML is progressing the EMP currently.

Results from the Phase-1 Aerial Electromagnetic (AEM) geophysics survey and Layered Earth (LE) inversion modelling, for both the Ngami Copper Project (NCP) and Okavango Copper Project (OCP) licence areas, has generated numerous dome style exploration targets analogous to the MOD Resources T3 Deposit.

Geophysics modelling has also identified over 340km of potentially mineralised geological contact which will be prioritised for higher-resolution follow-up work prior to drill testing.

As per the KML Investment Agreement (announced 6 June 2018) MTR have elected to exercise the Option to take MTRs total shareholding in KML from 18% to 34% for a consideration of US$500,000.

Triprop Holdings (Pty) Limited (Triprop) have confirmed to KML that over half of the required US$600k Stage 1 Earn-In Expenditure has now been met. KML need to expend a further circa US$292k, through funding a planned Phase 2 Work Programme, in order to issue Exercise Notice for the subscription of 51% of the enlarged share capital of Triprop.

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

We are pleased to provide an update for the exciting KML Project in Botswana. The planned Phase 1 work programme has been completed as planned and ahead of schedule with the completion and interpretation of the airborne geophysics survey work.

The state-of-the-art Layered Earth Inversion modelling technique employed on the Phase-1 Airborne Electromagnetic survey data has greatly added to our understanding of the buried geology of the licence areas. This innovative 3D modelling method has enabled the visualisation of potentially mineralised hidden structures and geological contacts, accelerating the exploration process and fast tracking the identification of areas for further follow-up as potential drill targets.

The completion of the Phase 1 work programme coincides with KML meeting the first half of the Stage-1 Earn-in agreement with Triprop and MTR electing to exercise our option to increase our holding in KML to 34%. Details of the follow-on Phase 2 work programme are currently being reviewed, details of which we expect to communicate shortly.

We recommend that readers also refer to the below linked version of this news release which includes informative images showing the geophysical interpretations:

https://www.metaltigerplc.com/kalahari-metals-limited-airborne-geophysics-interpretation-drill-permission-update

***More via link below***

https://www.moneyam.com/action/news/showArticle?id=6187644

banjomick - 01 Nov 2018 09:13 - 461 of 474

01 November 2018
Metal Tiger plc

Update - Sale of T3 Project and creation of New Exploration Joint Venture with MOD Resources

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, announces that further to the announcement on 18 July, Metal Tiger expects that completion of the sale of the T3 project and the creation of the new exploration Joint Venture with MOD Resources will occur by mid November. The only outstanding condition precedent for completion is the demerger itself.

As announced on 26 October, Ministerial approval has been received for the of transfer 8 JV licences (excluding PL 190/2008) from Tshukudu Metals Botswana (Pty) Ltd into a new Botswana registered JV exploration company, Tshukudu Exploration (Pty) Ltd, held MOD (70%) and MTR (30%). The transfer approval for the remaining 10 licences to Tshukudu Exploration (Pty) Ltd is pending.

https://www.moneyam.com/action/news/showArticle?id=6189684
Register now or login to post to this thread.