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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 - 21 Jun 2016 20:08 - 58 of 474

Not sure if there was a live feed but Paul Johnson from MTR had something to say:

ClfkjmrWYAEmOYk.jpghttps://twitter.com/theminingmaven?lang=en-gb

http://www.eventbrite.co.uk/e/recovery-stocks-for-2016-with-greatland-gold-red-rock-resources-tickets-25751469338

banjomick - 21 Jun 2016 23:49 - 59 of 474

Metal Tiger at Mining Maven: Paul Talking about his experience

https://www.periscope.tv/stefixy/1OdJrwwBNkYxX

banjomick - 22 Jun 2016 08:34 - 60 of 474

MOD ACCELERATES DRILLING PROGRAM AT T3
22 JUNE 2016

. Wide zones of 1-2% copper intersected in latest Phase 1 resource diamond holes
(MO-G-07D, 08D, and 09D)

. Two copper mineralisation types now identified - vein and disseminated chalcopyrite
and vein hosted bornite/covellite with high silver grades

. Copper/zinc anomalies extended in a zone >12kmalong axis of T3 Dome

. 4th diamond drill rig to accelerate testing of new targets in T3 area

MOD Resources Limited (ASX: MOD) today announced new assay results with wide zones of 1-2% copper intersections and the identification of a new copper/zinc anomaly at the T3 prospect in the Kalahari Copper Belt, Botswana.

T3 is part of a joint venture between MOD Resources (70%) and AIM listed Metal Tiger (30%).

21 diamond drill holes have either been completed or are in progress within the Phase 1 resource area. All holes completed to date (MO-G-01D to MO-G-18D) have intersected significant copper mineralisation within the target sequence. A further 13 holes are planned to establish the initial resource estimate.

In addition to the vein hosted and disseminated chalcopyrite mineralisation, high tenor copper sulphides including bornite and covellite have been intersected in veins in many drill holes (Figure 1). Very high individual silver assays (including 199g/t, 244g/t and 363g/t Ag in hole MO-G-09D) are generally associated with very high individual copper assays (including 8.36%, 10.2% and 21.5% Cu in hole MO-G-
09D) within veins where assays are available. MO-G-09D is located at the eastern end of the resource area and further drilling is required to determine the extent of these bonanza Cu/Ag veins.

The Company received further soil samples that identified a new 4km long copper/zinc anomaly to the west of the Phase 1 resource area, extending the zone of soil anomalies >12km along the T3 Dome. RC drilling has commenced to test an extensive copper/zinc anomaly approximately 3km east of Phase 1.

Highlights include:

MO-G-07D
 7.90m @1.03% Cu & 11g/t Ag from 260.60m downhole
 5.60m @1.05% Cu & 21.5g/t Ag from 290.40m downhole

MO-G-08D
 41.00m @1.55%Cu & 21g/t Ag from 132.00m downhole, including:
22.00m @2.29%Cu & 29g/t Ag from 141.00m downhole

MO-G-09D
 21.61m @1.66%Cu & 24g/t Ag from 165.00m downhole, including:
12.00m @2.31%Cu & 41g/t Ag from 174.00m downhole

 3.37m @6.08% Cu & 113g/t Ag from 213.63m downhole, including:
1.37m @13.26%Cu & 244g/t Ag from 213.63m downhole

Details of the drill holes are set out in the table below (Table 1).

Last week, senior executives from MOD and Metal Tiger attended the Botswana Resource Conference, followed by a site visit to operations at Ghanzi and T3.

MOD Resources’ Managing Director, Mr Julian Hanna, said the conference provided an excellent opportunity to update government departments on recent developments at the Botswana Copper/Silver Project.

“Visitors to the site were impressed with rapid progress at the Project, the volume of mineralised core being drilled daily and the high technical standards established by our General Manager Exploration, Mr Jacques Janse van Rensburg,” said Mr Hanna.

Approximately 60 people are now employed at T3 through the MOD/Metal Tiger joint venture, with activity expected to increase in July.

“We are on track to drill out the initial resource in the September quarter and a fourth diamond drill rig has been sourced to test deeper IP targets and other targets generated along the T3 Dome and surrounding licences,” he said.

“We are very encouraged by further expansion of the copper/zinc anomalies and our geological team will soon extend soil sampling coverage into adjacent areas,” Mr Hanna said. “This relatively simple, low-cost technique has proven very effective in locating copper sulphide deposits at shallow depth not only at T3 and T4, but also previously at MOD’s 100%Mahumo Project.”

Results from the ongoing resource drilling will be released as they become available.

***More From Link Below***

http://media.wix.com/ugd/a5d095_8aee91f989c34e8bbd0dc2372e729884.pdf

banjomick - 22 Jun 2016 08:37 - 61 of 474

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

Botswana Copper/Silver Project Update

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update with regard to the diamond drilling programme at 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).

Technical highlights in respect of progress on the Target 3 (T3) Prospect, Phase 1 Resource Diamond Drilling Programme (the Resource Programme) are provided below. In addition we would refer to the announcement released today by MOD Resources which contains images and diagrams that may assist readers in an understanding of the project and the drilling being undertaken. This announcement can be viewed through the following link:

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

Paul Johnson Chief Executive Officer of Metal Tiger commented We are delighted to provide a further market update highlighting considerable progress in Botswana.

As shareholders will note below the JV has so far identified a zone of soil anomalies for over 12km along the T3 Dome and the assay results now received from three diamond holes have confirmed very high silver and copper grades up to 363g/t silver and 21.5% copper.

The JV will shortly have five rigs on site and the march towards resource definition continues apace. More exploration updates will flow as we continue to build our understanding of this substantial Kalahari Copper Belt opportunity.

Last week the MTR team attended the Botswana Resource Conference in Gaborone and were extremely pleased with the positive reception and the enthusiasm for the JVs work in Botswana. It is a pleasure to invest in Botswana and receive such support. Moreover a further project site visit was conducted and the MTR team were particularly impressed by the dramatic progress on the ground in recent months and the professionalism of the MOD team in-country.

Without question this is a remarkable opportunity for Metal Tiger and MOD Resources. We eagerly await the next set of assay data as the JV continues to grow and develop this project.

***More From Link Below***

http://www.moneyam.com/action/news/showArticle?id=5364764

banjomick - 22 Jun 2016 09:03 - 62 of 474

LSEsharetalk ‏@LseShareTalk · 1h1 hour ago

Nice morning in London @OfficialTipTV then interview with @metaltigerplc Paul Johnson - investors Q @LseShareTalk

https://twitter.com/LseShareTalk

banjomick - 22 Jun 2016 14:18 - 63 of 474

Metal Tiger ups Botswana effort after bumper grades
12:23 22 Jun 2016

Assays from the latest three holes averaged copper between 1-2%, but there were some bonanza patches within that.

757z468_shutterstock_252126178.jpg

Metal Tiger PLC’s (LON:MTR) partner is to bring a fourth deep drilling rig on site at its Botswana Copper Belt prospect to explore ‘a burgeoning’ number of high grade targets.

MOD Resources (ASX:MOD), the partner, is currently carrying out the exploration and after analysing latest samples said the length of the previously identified soil anomaly at the T3 prospect had risen by 4km to 12km.

The surface samples were taken to the west of the initial exploration zone and follow a 3Km extension to the east announced last week.

In addition, a diamond drilling programme at T3 intersected exceptionally high silver and copper grades at the eastern border.

High silver grades usually indicate very high grade copper is present as well, said the company.

Assays from the latest three holes averaged copper between 1-2%, but there were some bonanza patches within that.

One hole, MO-G-09D, showed silver veins with grades of 199g/t, 244g/t and 363g/t Ag and copper at 8.36%, 10.2% and 21.5%.

Further drilling is required to determine the extent of these high grade Cu/Ag veins, said Metal Tiger, although chief executive Paul Johnson thinks the best could be yet to come.

Speaking exclusively to Proactive, Johnson said: “I don’t think that that is necessarily the limit of it, it could be even higher potentially.”

“[The high grades] are starting to surprise us, as they should do, because this is unusual, you don’t get that level of mineralisation very often.”

The current programme for T3 is 34 holes, for which assays have come back for 18. All the holes drilled so far have hit copper.

A maiden JORC compliant resource based on the drilling programme is scheduled to be published in the third quarter of this year.

“The JV has so far identified a zone of soil anomalies for over 12km along the T3 Dome and the assay results now received from three diamond holes have confirmed very high silver and copper grades up to 363g/t silver and 21.5% copper,” Johnson added.

“The JV will shortly have five rigs on site and the march towards resource definition continues apace.

“More exploration updates will flow as we continue to build our understanding of this substantial Kalahari Copper Belt opportunity.”

The joint venture is split 70/30 MOD/Metal Tiger.

Shares rose 1% to 3.11p.

-- Update: CEO comment --

Philip Whiterow

69060_163846843643689_7687549_n.jpg?oh=f

banjomick - 22 Jun 2016 22:28 - 64 of 474

Abm ‏@ABMckinley · 18 minutes ago

Abm Retweeted TheTradingTiger 2.0

Looking to put out @metaltigerplc Interview out in two parts. 1st section #MTR news update, 2nd Q&A from holders

https://twitter.com/ABMckinley

banjomick - 23 Jun 2016 09:05 - 65 of 474

Metal Tiger produces “astonishingly high grade figures”, says CEO
08:33 23 Jun 2016

Metal Tiger PLC’s (LON:MTR) chief executive Paul Johnson and commercial director Michael McNeilly join Proactive Investors to discuss the burgeoning number of high grade targets at its Botswana Copper Belt prospect.

MOD Resources (ASX:MOD), Metal Tiger’s partner at the site, has brought a fourth deep drilling rig on site, and is currently carrying out the exploration.

Chief executive Johnson says “today we released a cracker of an RNS with lots of intersection of high grade copper, high grade silver and some astonishingly high grade figures.”

“We are super excited in the business and hoping that the results flow thick and fast”, he adds.

youtube_logo_small.jpg

banjomick - 23 Jun 2016 11:22 - 66 of 474

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

Warrant Exercise

The Board of Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce that it has received a binding signed warrant conversion notice for the following amount:

***See Link at BOP***


The Board is pleased to confirm that it has raised �1,576,500 from warrant conversions since March 16 2016.

The 7,527,778 new ordinary shares are expected to be admitted to trading on or around 29 June 2016. Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 569,967,664. 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 569,967,664 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs.

http://www.moneyam.com/action/news/showArticle?id=5365668

banjomick - 23 Jun 2016 12:51 - 67 of 474

Greatland Gold give a video update on progress company is making:

http://www.brrmedia.co.uk/broadcasts/576a75c21a46949a7b2d2e89/greatland-gold-update

banjomick - 24 Jun 2016 08:37 - 68 of 474

Metal Tiger PLC speak to LSE Share Talk - Part 1
Published on Jun 23, 2016

In this interview, we cover the Botswana Copper/Silver Project Update (Wednesday 22 June, 2016). Metal Tiger team talk about the company's operations & reply to share holders questions.

youtube_logo_small.jpg

banjomick - 26 Jun 2016 19:03 - 69 of 474

Metal Tiger PLC speak to LSE Share Talk - Part 2
Published on Jun 26, 2016

Metal Tiger team talk about the company's operations & reply to share holders questions. We cover Brexit vote in the UK and how it could affect the commodity - mining sectors?

This was recorded in London, UK - Wednesday 22 June, 2016

youtube_logo_small.jpg

banjomick - 27 Jun 2016 09:20 - 70 of 474

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

Metal Tiger have increased their holding in Thor Mining plc:

From 197m to 485m crossing the previous 4% to +8% threshold reaching 8.45% completed 24 / 02/ 16

http://www.moneyam.com/action/news/showArticle?id=5367086

banjomick - 28 Jun 2016 21:42 - 71 of 474

From earlier today and is related to yesterdays news:

MiningMaven Podcast No 28 with Mick Billing Chairman + CEO of Thor Mining (LON:THR) (ASX:THR)

Mick Billing Chairman and CEO of Thor Mining (LON:THR) (ASX:THR) joins us on the podcast today.

Thor Mining, an Australian focused tungsten developer has recently come up on the investor radar as the sector recovery continues. In todays Podcast Chairman Mick Billing discusses the Tungsten market and its price drivers. We then take a look Thor's investment proposition and its projects which include Molyhil in Australia and Pilot Mountain in Nevada, USA .

What is apparent from this interview is that the company's valuation at around £1.7m m/cap does little justice to the company's assets.

As mentioned in the Podcast, for more information on the tungsten market take a look at the article by Northland's analyst Ryan Long on Page 8 of the Aim Review:

http://www.hubinvest.com/AIMPDFJune2016_81.pdf

https://audioboom.com/boos/4757338-miningmaven-podcast-no-28-with-mick-billing-chairman-ceo-of-thor-mining-lon-thr-asx-thr

banjomick - 29 Jun 2016 08:42 - 72 of 474

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

Warrant Exercise

The Board of Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce that it received a binding signed warrant conversion notice for the following amount on 27 June 2016:

***See Link BOP***

The Board is pleased to confirm that it has raised 1,577,500 from warrant conversions since March 16 2016.

The 55,555 new ordinary shares are expected to be admitted to trading on or around 5 July 2016. Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 570,023,219. 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 570,023,219 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.


Notes to Editors:

Metal Tiger plc is listed on the London Stock Exchange AIM Market (AIM) with the trading code MTR and invests in high potential mineral projects with a precious and strategic metals focus.

The Companys target is to deliver a very high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector timed to coincide, where possible, with a cyclical recovery in the exploration and mining markets. The Companys key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals.

Metal Tigers Metal Projects Division is focused on the development of its key project interests in Botswana, Spain and Thailand. In Botswana Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt. In Spain Metal Tiger the Company has tungsten and gold interests in the highly mineralised Extremadura region. In Thailand Metal Tiger has expanding interests over licences, applications and critical historical data covering antimony, copper, gold, silver, lead and zinc opportunities.

The Company has access to a diverse pipeline of new opportunities focused on the natural resource sector including physical resource projects, new natural resource centred technologies and resource sector related fintech opportunities. Pipeline projects deemed commercially viable may be undertaken by Metal Tiger or by an ISDX or AIM partner with whom the Company is engaged.

Metal Tiger also has an Asset Trading Division that holds various financial instruments for trading purposes including equities, warrants and royalty income. The aim of the division is to generate profits to reinvest into the Companys project based activities.

http://www.moneyam.com/action/news/showArticle?id=5368890

banjomick - 30 Jun 2016 08:58 - 73 of 474

30 June 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")

Audited results for the year ended 31 December 2015

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce its audited results for the year ended 31 December 2015.

Highlights:

• Net Asset Value up over 48%
• Increase in net cash in year of 168,453 (after net 1,812,359 proceeds from investment disposal was reinvested in Joint Ventures 596,343 and investments held for trading 1,199,401).
• Nil borrowings
• Net Current Assets of 1,058,333
• Market capitalisation up 45%
• Net Asset Value - fully diluted per share down 11%

Paul Johnson CEO of Metal Tiger stated: "I am pleased to present the report and accounts for the year ended 31 December 2015 during which the Metal Tiger business grew materially in terms of the depth and breadth of investing activities and interests.

We closed the year with a number of advancing Metal Project investments and a robust working capital position comprising cash and liquid resource equity holdings.

Moreover the extensive business progress in the first half of 2016 combined with the considerable increase in the Companys working capital post year end means that we sit mid-2016 with an extremely strong position and one where we can take advantage of a recovery in the natural resource sector which the board believe is now underway."

The Annual Report and Accounts for the year ended 31 December 2015, along with an explanatory note for shareholders, will be available shortly to view and download from Metal Tiger's existing website (www.metaltigerplc.com) in accordance with rule 26 of the AIM Rules for Companies together with a notice of Annual General Meeting. The AGM is scheduled to take place at East India Club, 16 St James Square, London, SW1Y 4LH at 10.30 a.m. on 29 July 2016.

***More From Link Below***

http://www.moneyam.com/action/news/showArticle?id=5369950

banjomick - 30 Jun 2016 09:18 - 74 of 474

The Annual Report and Accounts for the year ended 31 December 2015, along with an explanatory note for shareholders, will be available shortly to view and download from Metal Tiger's existing website:

http://www.metaltigerplc.com/images/publications/Metal-Tiger-Accounts-2015-v14H-a-FINAL.pdf

geoffsh - 03 Jul 2016 19:45 - 75 of 474

..............................New corporate presentation..............................



Put on Metal Tiger's web site 1st July.



http://www.metaltigerplc.com/index.php/investors/company-presentation

banjomick - 04 Jul 2016 08:33 - 76 of 474

04 July 2016
Eurasia Mining plc (AIM: EUA)
("Eurasia" or the "Company")

Semenovsky Tailings Project update and receipt of assays

Eurasia Mining plc,("Eurasia") the Russia focused PGM and gold production and development company, here working in partnership with Metal Tiger plc ("MTR"), is pleased to update progress from the Semenovsky Tailings Project (STP), most importantly the receipt of assay results from the 2016 metallurgical drilling programme.

As reported in RNS dated 26 April 2016, a drilling programme was carried out on site and the samples sent to SGS Chita for assay and subsequent metallurgical analysis. The testing program is considered in three phases. Phase 1a, fire assay of samples, phase 1b, bottle-roll cyanide-leach testing, and phase 2, optimisation of leach variables. The assay results returned for the 54 samples collected in phase 1a are in line with previous estimates, and the grades used previously in Eurasia's resource calculations. This work is a necessary step in planning the design of the processing plant, as well as confirming the grade of the tails and the reliability of previous workers sampling.

Highlights:

· 54 fire assay results returned from SGS laboratories Chita, return an average grade of 1.16 g/t gold and 17.3 g/t silver.

· Results are in line with expected values obtained from previous sampling programmes, lending additional support to reserve calculations

· These grades are high for tailings, providing a robust project for re-treatment and recovery of gold.

The depth of the tailings dam varies from six to eleven metres on average and this recent sampling program was designed to test the complete column of sands through to underlying clays below the tailings foundation. 5 drill holes were evenly spaced over the 1.5km2 tailings dam. Results are tabulated in full below. The sands were logged and individually bagged on site in Semenovsky by Eurasia geologists. Gold values are obtained by fire assay with an atomic absorption analysis finish and the silver values by atomic absorption method.

Separately, a reserves report was submitted to local authorities on the 30th May 2016 and this is continuing through the normal approvals process at the Bashkirian Ministry for Subsoil use.

Christian Schaffalitzky, Managing Director at Eurasia Mining comments "We are pleased to have independent verification of grade at the Semenovsky Tailings Project. Having worked in Russia for many years we are familiar with the excellent standard of Russian geological assessments and have complete faith in the Russian system of mineral resource definition but working in partnership with MTR, are duty bound to provide normal due diligence confirmation. We now look forward to results of gold recovery tests which will allow us to refine the design of the process plant and optimize the mining operation."

Consent for release

EurGeol Christian Schaffalitzky, FIMMM, PGeo, MIEI, CEng, is a director of the Company. He has reviewed the update and consents to the inclusion of the exploration information in the form and context in which it appears here. He is a Competent Person for the purposes of the reporting of these results.

***See Link Below for Results***

http://www.moneyam.com/action/news/showArticle?id=5372386

banjomick - 06 Jul 2016 09:21 - 77 of 474

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

Botswana Copper/Silver Project Update

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update with regard to the diamond drilling programme at 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).

Technical highlights in respect of progress on the Target 3 (T3) Prospect, Phase 1 Resource Diamond Drilling Programme (the Resource Programme) are provided below. In addition we would refer to the announcement released today by MOD Resources which contains images and diagrams that may assist readers in an understanding of the project and the drilling being undertaken. This announcement can be viewed through the following link:

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

Paul Johnson Chief Executive Officer of Metal Tiger commented

We continue to be encouraged by the flow of strong assay results from our Botswana joint venture. The thick intersections of relatively high grade copper with significant silver are proving remarkably consistent, adding confidence to the possibility of an open-pit mine at T3.

To this end we support the commencement of metallurgical testwork and the appointment of a technical study manager to oversee a scoping study on the viability of the planned T3 Resource for open-pit mining.

We are highly encouraged with the continuing progress and professionalism of our Joint Venture partners in Botswana. The regular flow of news to market of late is demonstrable evidence of the progress being achieved.

Testing of other targets on the T3 Dome is an important step forward and it is of significance that the wider T3 area remains largely unexplored and is, in part, as geologically prospective as the ground which is currently the focus of drilling at T3.

Highlights:

Resource Programme Progress

• Assay results have been received for a further four diamond drill (DD) holes (MO-G-10D, MO-G-11D, MO-G-12D & MO-G-14D) within the Resource Programme area. The assays show wide intersections of 1-2% copper mineralisation and significant silver. The assay results for MO-G-13D are currently awaited.

• Significant downhole intersections include:

• MO-G-10D: 29m @ 1.8% Cu and 34g/t Ag from 112.0m

• MO-G-11D: 29m @ 1.8% Cu and 32g/t Ag from 112.0m

• MO-G-12D: 17.2m @ 1.4% Cu & 14g/t Ag from 103.9m

• 23 DD holes have now been completed and 2 DD holes are in progress within the Resource Programme. With 3 diamond drill rigs in operation on the Resource drilling, the work is on track to complete a maiden Resource in Q3 2016.

• The planned metallurgical drilling and test work programme will commence this month under the direction of the metallurgical consulting group, Independent Metallurgical Operations Pty Ltd (IMO). IMO will conduct the test work on a range of different sulphide ores from T3, from their base in Perth, Australia.

• MOD have appointed Mr Royce McAuslane as Study Manager for an open pit mine Scoping Study on the planned T3 Resource. It is envisaged that the scoping study would complete at the end of 2016, with a follow-up pre-feasibility study commencing in early 2017, should the results of the Scoping Study prove positive.

• Key results for latest down-hole intersections include:

• Hole MO-G-10D
• 16.5m @ 1.3% Cu & 23g/t Ag from 92.0m
• 29.0m @ 1.8% Cu and 34g/t Ag from 112.0m

• Hole MO-G-11D
• 29.0m @ 1.8% Cu & 32g/t Ag from 112.0m, including:
◦ 5.8m @ 2.6% Cu & 39g/t Ag from 119.0m; and
◦ 4.1m @ 3.8% Cu & 88g/t Ag from 136.9m
• 14.0m @ 0.73% Cu & 13g/t Ag from 159.0m

• Hole MO-G-12D
• 17.2m @ 1.4% Cu & 14g/t Ag from 103.9m, including:
◦ 7.5m @ 2.2% Cu & 26g/t Ag from 105.5m

• Hole MO-G-14D
• " 14.5m @ 1.0% Cu & 4g/t Ag from 87.5m

The four holes were designed to intersect the northerly dipping mineralisation at depth, and are orientated with a azimuth of 160deg and dip of 60deg. MO-G-010D reached a down hole depth of 170m, MO-G-11D reached 179m, MO-G-12D reached 158m and MO-G-14D reached 170m. A table of the drill collar locations is provided in the MOD release referenced above. Results from the continuing drilling programme will be released as they become available following geological interpretation.

T3 Prospect Expansion

• The fourth diamond drill rig has commenced testing targets outside of the current resource drilling area, these targets include; an induced polarisation (IP) geophysics chargeability anomaly 300m down dip from the deepest hole to date (MO-G-07D); an IP chargeability anomaly 1km south of current drilling; and a possible fault displacement of the target sequence 300m west of the resource area.

• The reverse circulation (RC) drilling rig continues to test the eastern 3km long copper/zinc anomaly, at a location approximately 3km east of the Resource drilling area.

• As part of the continuing T3 prospect expansion, further IP geophysics traverses are also planned this month to identify possible sulphide targets elsewhere on the T3 Dome.

Current Exploration Programme Plan

The Resource drilling programme at T3 is concentrating on the current 800m strike length of the T3 deposit, delineating the upper (UZ) and lower (LZ) copper/silver mineralisation, from circa 60m vertical depth to 200m depth. The planned programme currently consists a further 17 diamond core drill holes at 100m collar spacing (subject to assay results additional holes may be added to enlarge the Resource area envelope). Additional samples are to be taken to enable metallurgical testwork on the copper/silver mineralisation. The completion of the maiden Mineral Resource estimate for T3 is planned for Q3 2016.

Location

The T3 Prospect 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 approximately 70km NE of the projects Tshimologo (T4) Prospect and is located parallel to the same structural trend known as the Mahumo Structural Corridor, that hosts MODs Mahumo Project (circa 20km NE of T3) and Cupric Capitals Banana Zone Deposit (60km NE) and Zone 5 Project (120km NE).

MOD outline details of the current exploration procedures being employed on the project (JORC 2012 Table 1), a drill plan and section and tabulated assay data in their news release dated 6 July 2016. The work is being managed on the ground by MODs Competent Person, Mr Jacques Janse van Rensburg, BSc (Hons), General Manager Exploration (Africa).

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 meets the criteria of a qualified 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 consultant working for Mining Analyst Consulting Ltd which has been retained by Metal Tiger PLC to provide technical support.

http://www.moneyam.com/action/news/showArticle?id=5374452
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