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24th Aug 2017 Botswana Copper/Silver Project – T3 Mineral Resource Estimate Upgraded

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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

Metal Tiger shares up on latest Botswana drill update
11:14 06 Jul 2016

Metal's chief executive Paul Johnson said: "We continue to be encouraged by the flow of strong assay results from our Botswana joint venture."



Metal Tiger PLC (LON:MTR) shares crept almost 5% higher as it welcomed further positive results from partner MOD Resources (ASX:MOD) on its Botswana Copper Belt prospect.

Following latest assays, Metal's chief executive Paul Johnson said: "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."

Today's results come from the resource drilling programme at the potential target T3 and highlights included 29 metres (m) at 1.8% copper (Cu) and 34g/t silver (Ag) from 112 metres.

Another assay showed 29m 1.8% Cu and 32g/t Ag from 112m

The programme is concentrating on the current 800m strike length of the T3 deposit, delineating the upper (UZ) and lower (LZ) copper/silver mineralisation, from around 60m vertical depth to 200m depth.

A further 17 diamond core drill holes at 100m collar spacing are planned.

Johnson continued: "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."

Under the venture, MOD Resources has a 70% stake, while Metal Tiger has 30%

Giles Gwinnett

Cheap Gold Mines Disappear as Bullion Buyers Splurge
by Luzi-Ann Javier
June 29, 2016 — 11:00 PM BST
Updated on July 2, 2016 — 11:47 PM BST

• Asset premiums jump as number of deals reaches most since 2011

• China, an early acquirer, retains appetite for adding reserves

So much for the run on cheap gold mines. Producers who were forced by slumping prices to unload assets last year are regaining leverage.

With bullion off to its biggest rally to start a year in four decades -- aided by the U.K.’s vote to quit the EU -- mine buyers are paying higher premiums and the pace of deals is accelerating, data compiled by Bloomberg show. The value of reserves held by major producers has almost doubled since the third quarter of last year, according to Bloomberg Intelligence.

The revival comes after a three-year slump led to losses, rising debt and a fire sale of assets. With valuations dropping, private equity firms and companies including Zijin Mining Group Ltd. pounced. The number of acquisitions worth at least $1 million rose 14 percent last year to 192, the first increase since 2010, data compiled by Bloomberg show. But now investors are pouring money into gold funds, and prices are near the highest in more than two years, boosting premiums for available mining assets that are getting harder to find.

“Scarcity of high-quality targets, both producing and development-stage, is more of a factor than bargain-hunting,” said Michael Siperco, an analyst at Macquarie Capital Markets in Toronto. “We could see potential acquirers more willing to pull the trigger on transactions, given the improving near and longer-term macro environment for gold.”

The average premium paid on deals worth at least $1 million is about 42 percent in the current quarter, up from 29 percent in the first quarter, data compiled by Bloomberg show. The 63 deals pending or completed in the quarter are the most since the fourth quarter of 2011, the year that bullion surged to a record high of $1,921.17 an ounce.

Teranga Gold Corp., a Toronto-based producer, agreed on June 20 to buy Gryphon Minerals Ltd., based in Subiaco, Australia, at a premium of 53 percent, based on the closing price before the deal was announced. That compares with an estimated 33 percent premium given by Vancouver-based Goldcorp Inc., the world’s third most valuable gold miner, when it agreed in May to acquire Kaminak Gold Corp.

Gary Goldberg, the chief executive officer of Newmont Mining Corp., the largest U.S. bullion producer, said Thursday that the company is keeping an eye on acquisition opportunities.

Brexit Boost

Gold has rallied 24 percent this year, heading for the best first half of any year since 1974. Prices touched $1,358.54 on June 24, the day after a U.K. plebiscite showed a majority wanted to exit the EU, a vote dubbed Brexit, prompting investors to stock up on bullion as a haven as global equity markets plunged. Bullion for immediate delivery traded little changed at $1,320.59 at 11:27 a.m. in New York.

“Brexit has given gold deals even more of an advantage as gold surged, and the interest in gold continues to build momentum,” said Kenneth Hoffman, senior metals and mining analyst at Bloomberg Intelligence in Princeton, New Jersey.

Even before the so-called Brexit vote, valuations were improving. A gauge of 14 senior gold producers tracked by Bloomberg Intelligence has more than doubled this year. On average, their reserves were valued at $178.43 an ounce in the second quarter, the highest since the first quarter of 2013, data compiled by Bloomberg Intelligence show. In the third quarter last year, the average was $90.90.

Negative Rates

Investors have been flocking to gold this year amid signs that the U.S. will keep interest rates lower for longer than previously forecast. Those concerns were compounded after Brexit, when yields on more than $9 trillion of bonds slide below zero. That means anyone who buys debt today will lose money if they hold the bonds to maturity, which boosts the appeal of gold as a store of value as prices rise.

While the rally boosted the value of gold deposits, it also improved the cash flow available for mining companies looking to acquire assets. Chinese producers have already made $1.2 billion of deals in the quarter, the most in a year, according to data compiled by Bloomberg Intelligence.

“There’s competition for these assets,” Hoffman said. “The small miners tend to worry more about private equity. The large miners worry about China. The Chinese have really shown an appetite for gold deals, and so they could get themselves in the bidding wars.”

Chinese Buyers

Shandong Gold Mining Co. and Zhongjin Gold Corp. are among the potential bidders for Glencore Plc’s gold mine in Kazakhstan, according to people familiar with the matter. Glencore may be seeking about $2 billion for the asset, the people said, asking not to be named because the deliberations are private. Zijin Mining, one of China’s largest producers, may be interested in the Vasilkovskoye mine, which Glencore put on the auction block earlier this year, the people said.

About half of gold companies surveyed by Macquarie indicated they were now more inclined toward mergers and acquisitions than six months ago. The primary obstacles, according to two-thirds of respondents, were the availability of quality targets and high valuations.

“A lot of them missed opportunities to buy things on the cheap that were distressed when gold prices were lower,” said Dan Denbow, a portfolio manager at the USAA Precious Metals & Minerals Fund in San Antonio, which oversees $751 million. “If anybody was strategically looking at replacing exploration dollars by doing acquisitions, they would have been better off doing it when assets were much cheaper, six months ago. Now they’re having to pay for a bit of premium.”

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

Thailand Strategic Progress Update

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce that South East Asia Exploration and Mining (SEAM), the Companys 90% owned Joint Venture partner in Thailand has agreed an extension to the Standstill Letter Agreement (SLA) as originally announced on 11 April 2016.

The SLA is in respect of the Companys work to secure an interest in the Boh Yai and Song Toh Silver-Lead-Zinc mines within its exploration properties in Kanchanaburi province, Western Thailand (the Mines).

The Company has been undertaking extensive discussions with the existing owners to identify the optimal route to undertake mine permitting, rehabilitation and planning for re-commencement of production and the formulation of a commercial agreement that is fair and reasonable to all parties.

Our work with the existing owners has been highly productive and the parties have agreed a workable approach across all material elements of the proposed commercial agreement. It is pleasing to note that great care is being taken by all parties to ensure the agreement recognises the importance of thorough and diligent mine planning, with a full focus on environmental protection, and support for the communities engaged with the Mines.

The Directors of the Company believe that there is potential for the Mines to offer profitable production over an extended period particularly when considering the upside exploration potential and it is necessary to ensure that we adopt an optimal corporate structure post agreement. In order to finalise our collaborative work in this regard all parties have agreed a modest extension to the SLA until 20 August 2016.

It is prudent to note that until a commercial agreement has been signed and announced to the market there can be no certainty that a transaction will be finalised. However reflecting the progress achieved to date, and with the support of all parties, initial preparatory work for the mine permitting process will now commence and a further update will be provided outlining this work in due course.

Paul Johnson Chief Executive Officer of Metal Tiger commented:

We are pleased to confirm continuing progress with our work in Thailand. To date we have been impressed with the professionalism and diligence of the mine owners to secure a fair and reasonable commercial agreement. We look forward to finalisation of the corporate structure in the near term and reporting back to market on the pathway to re-commence production.

Our team in Thailand is expanding in line with the growth in opportunities and we are aiming to be the most significant junior company investor in Thai resource opportunities. To achieve this objective we will leverage off our extensive and growing project interests and the national geological database we are preparing.

Metal Tiger and our Joint Venture partners SEAM are absolutely focused on ensuring the work undertaken in-country is conducted in a safe, considerate and environmentally focused manner; with full respect and regard for the communities with whom we engage. We are investing in extensive environmental planning and community liaison to ensure this objective is achieved.

Metal Tiger is delighted to be investing in Thailand helping to further Thai resource exploration, development and production opportunities. Southeast Asia, with Thailand at the heart, offers tremendous opportunity for companies willing to engage in a respectful and diligent manner.

Further Thailand updates will follow shortly.

Note: when reviewing this announcement investors are advised to also review the Company's announcement dated 16 February 2016 which detailed the terms of Metal Tiger's acquisition of SEAM interests in Thailand and which provided the basis for Metal Tiger to enter into this SLA, through a 90% holding in the Thailand operational vehicle.

This SLA and the proposed commercial transaction being considered reflects a major step forward and will enable Metal Tiger to utilise the considerable project specific research and information gathered from SEAM's involvement with the mines over a number of years.

Specifically SEAM has secured Eight Special Prospecting Licence Applications ("SPLAs") surrounding the historical mining operations at the Boh Yai and Song Toh Silver-Lead-Zinc mines where historical Metallgesellschaft and German consultant records indicate over five million tonnes of crude ore was processed producing approximately 520,000 tonnes of concentrate to smelter over a 22 year period.

In addition, SEAM has created an exploration and mining database relating to the Boh Yai and Song Toh mines. This includes local/regional mapping, soil & rock chip sampling and three geophysics programs. Furthermore the dataset includes material utilised to produce an NI 43-101 resource and Preliminary Economic Assessment extending to mine planning, geology and micro mine files,economic modelling and conceptual tailings planning.

Considering the above and the longstanding working relationship with the mine owners, SEAM in conjunction with Metal Tiger is exceptionally well placed to assist permitting and mine rehabilitation.

http://www.moneyam.com/action/news/showArticle?id=5375545

Metal Tiger handed more time to secure Thailand mine deal
11:45 07 Jul 2016

All parties have now agreed to extend that out to August 20 this year.


Resource investor Metal Tiger PLC (LON:MTR) has received more time to finalise securing an interest in the Boh Yai and Song Toh silver-lead mines in Kanchanaburi province, Thailand.

As reported in April, Metal paid $80,000 (£56,637) in cash plus $50,000 (£35,398) in shares to the mine owners for three months at performing due diligence on the mines and working out a formal joint venture agreement.

All parties have now agreed to extend that out to August 20 this year.

"Our work with the existing owners has been highly productive and the parties have agreed a workable approach across all material elements of the proposed commercial agreement," said Metal.

"To date we have been impressed with the professionalism and diligence of the mine owners to secure a fair and reasonable commercial agreement.

"We look forward to finalisation of the corporate structure in the near term and reporting back to market on the pathway to re-commence production."

South East Asia Exploration and Mining (SEAM) is the group's 90% owned joint venture partner in Thailand and Metal is in the process of buying out SEAM's Thai interests.

Giles Gwinnett

MiningMaven Podcast No 30 with Paul Johnson CEO of Metal Tiger (LON:MTR)

Metal Tiger updated the market today with regard to strategic progress in Thailand and the Standstill Letter Agreement in respect of the Company’s work to secure an interest in the Boh Yai and Song Toh Silver-Lead-Zinc mines within its exploration properties in Kanchanaburi province, Western Thailand. The full announcement can be viewed here:

http://bit.ly/29yVya2

We caught up with CEO Paul Johnson today via Skype and he was happy to expand on this announcement. We hope you enjoy listening.

https://audioboom.com/boos/4793008-miningmaven-podcast-no-30-with-paul-johnson-ceo-of-metal-tiger-lon-mtr

http://www.asx.com.au/asxpdf/20160711/pdf/438h2gzxgbxvdk.pdf






Great results with lots more to come, so enjoyable watching a fantastic prospect develop into a fantastic resource.

Cheers Geoff &

11 July 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")

Positive Botswana Assays and Resource Envelope Expansion

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. Please note that in the linked MOD announcement the results reported today for hole MO-G-14D should be disregarded; the single MO-G-14D intercept was correctly reported by MOD on 6 July 2016.

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 very happy to report another batch of strong copper intercepts from the resource drilling programme on our Botswana joint venture. Hole MO-G-16D has been especially exciting, being the strongest resource hole drilled to date, with an average 3.2% copper over 27.5m and almost 62m of significant copper mineralisation in total.

We also note that the results for MO-G-13D, the most easterly of the diamond holes yet drilled, points to mineralisation continuing to the east outside of the current resource drilling envelope which now measures 1km wide.

We look forward to reporting continuing progress from Botswana as further data becomes available.

Highlights:

Resource Programme Progress

• Assay results have been received for a further four diamond drill (DD) holes (MO-G-13D, MO-G-15D, MO-G-16D & MO-G-17D) within the Resource Programme area. Plus results for additional intercept in the upper levels of MO-G-12D, effectively doubling the mineralisation reported for this holes on 6 July 2016.

• Diamond drill hole MO-G-16D has provided the strongest copper intercepts of the Resource Programme to date, with 27.5m @ 3.2% Cu and 13g/t Ag from 134m including bornite veins yielding high grade assay of 0.8m @ 45.4% Cu and 119g/t and other positive assays between 4.9% and 8.7% Cu. If an arbitrary upper cut-off of 15% Cu is applied to this intersection, it becomes 27.5m @ 2.3% Cu and 13g/t Ag which still compares very favourably to other copper deposits on a global scale.

• MO-G-13D is the most easterly hole yet drilled in the current Resource Programme, its 16.8m @ 1.4% Cu and 5g/t Ag from 177m suggests that mineralisation is still open to the east. With the results from this hole the size of the resource area effectively increased from 800m to 1km across. Mineralisation also remains open down-dip.

• 23 DD holes have now been completed and 5 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.
• Key results for latest down-hole intersections include:

• Hole MO-G-12D

• 18.4m @ 1.4% Cu & 9g/t Ag from 68.0m (new interval)
• 17.2m @ 1.4% Cu & 14g/t Ag from 103.9m (reported 6 July 2016)

• Hole MO-G-13D
• 16.8m @ 1.4% Cu and 5g/t Ag from 176.8m

• Hole MO-G-15D
• 14.0m @ 1.3% Cu and 12g/t Ag from 87.0m
• 7.8m @ 0.8% Cu & 8g/t Ag from 119.6m

• Hole MO-G-16D
• 34.3m @ 1.2% Cu & 11g/t Ag from 87.7m, including:
◦ 5.0m @ 2.9% Cu & 49g/t Ag from 99.0m
• 27.5m @ 3.2% Cu & 13g/t Ag from 134.0m (or 27.5m @ 2.3% Cu & 13g/t Ag from 134.0m with the 45.4% Cu interval cut to 15% Cu)

• Hole MO-G-17D
• 10.0m @ 1.3% Cu & 6g/t Ag from 98.0m
• 18.0m @ 1.2% Cu & 8g/t Ag from 114.0m

All 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-012D reached a down hole depth of 158m, MO-G-13D reached 272m, MO-G-15D reached 167m, MO-G-16D reached 182m and MO-G-17D reached 182m.

There is good correlation of intercepts, thus continuity of mineralisation, between holes MO-G-15, MO-G-16D and MO-G-17D which are located on the same E-W profile at 100m spacing.

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 and the reverse circulation (RC) drilling rig continue to test the developing pipeline of anomalies elsewhere in the T3 Prospect area. These anomalies are being identified from the ongoing soil sampling and induced polarisation (IP) geophysics survey.

Current Exploration Programme Plan

The Resource drilling programme at T3 is concentrating on the current 1,000m 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 of a further 16 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.

For further information on the Company, visit: www.metaltigerplc.com:

http://www.moneyam.com/action/news/showArticle?id=5377079

12 July 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")

STRATEGIC INVESTMENT IN KOLAR GOLD

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce that the Company is to make a strategic investment in Kolar Gold Limited (LON: KGLD) (Kolar Gold) which will see Kolar Gold with a restructured board of directors.

Highlights:

• Transaction subject to Kolar Gold shareholder approval at Extraordinary General Meeting to be held on 27 July 2016;

• Metal Tiger to invest 200,000 in cash to acquire 18,181,818 shares in Kolar Gold at a price of 1.1p per new ordinary share and equating to circa 9.4% of Kolar Gold shares in issue post placing;

• Metal Tiger to also receive 18,181,818 warrants to acquire new ordinary shares in Kolar Gold at an exercise price of 2.2p per new ordinary share exercisable at any time within 30 months of the placing shares being admitted to trading;

• Metal Tiger has entered into an option agreement for a fee of US$25,000 to acquire a further 9,000,000 existing Kolar Gold shares from its current largest shareholder, at a price of 3.5p per share exercisable on or before 7 March 2017. It is at Metal Tigers sole discretion to choose if it wants to exercise the option;

• Board restructuring to take place at Kolar Gold Metal Tigers inaugural CEO Cameron Parry, to step down from the board of Metal Tiger to take up the position of CEO of Kolar Gold, subject to the passing of the resolutions at the Kolar Gold GM to be held on 27 July 2016. Luke Cairns to join as the other Executive Director of Kolar Gold. Harvinder Hungin to remain Non-Executive Chairman, Steven Oke to remain Non-Executive Director and Vaidyanathan Sivakumar to step down as Non-executive director; and

• New board of Kolar Gold to launch an immediate operational review covering existing exploration interests and various pipeline acquisition opportunities that may be suitable for the Kolar Gold business.

Paul Johnson, Chief Executive Officer of Metal Tiger plc commented We are delighted to announce the investment in Kolar Gold which exposes Metal Tiger shareholders to equity and warrant upside in a clean resource operating company at a modest valuation given the recent resource sector apathy in the markets.

I can also confirm that Metal Tigers creator and former CEO, Cameron Parry, is stepping down from Metal Tigers board upon completion of the transaction to commit his drive and ability to generate shareholder value to a new vehicle. We accept this is necessary and whilst Cameron will continue to provide Metal Tiger with his input as a strategic consultant, Id like to take this opportunity to thank Cameron for establishing Metal Tiger and helping to generate the tremendous value Metal Tiger has delivered for shareholders.

With Cameron and new executive director Luke Cairns taking on the management of Kolar Gold, we are confident that Kolar Gold will keenly utilise its new managerial and financial resources to rapidly build shareholder value by maximizing its current project interests in India, whilst identifying new complementary opportunities to refresh the business model and reinvigorate the Company and its investors.

We are hugely excited by the opportunity afforded by our investment and Camerons involvement in Kolar Gold and we look forward to updating investors further on transaction completion.

Kolar Gold reported a loss before tax of 1,254,716 for the year ended 30.06.15 and unaudited net assets of 3,701,713 as at 31.12.15.

http://www.moneyam.com/action/news/showArticle?id=5377682

13 July 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")

Regional Soil Sampling in Botswana Identifies New Copper Targets

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 regional exploration results 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).

Details of Technical highlights in respect of regional soil sampling results 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 exploration work 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

The potential of our Botswana JV Licences for holding as yet undiscovered copper deposits has increased further with the delineation of these soil geochemistry anomalies. The focussed strategy of identifying potential new deposits, by targeting regional scale structures identified from regional geophysics, with relatively low cost, soil sampling grids and RC drilling is paying off. The strategy worked to delineate the current T3 Resource Project and reportedly led to the discovery of MODS Mahumo deposit.

It is especially interesting to note that the T2 copper in soil anomalies outlined below are over three times higher than the 28ppm Cu anomalies that led to the discovery of T3.

We commend the progress that our partners are making in the search for new copper deposits across our holdings, and look forward to reporting further developments as these anomalies are tested.

Highlights:

Regional Exploration Programme Progress

• Several new copper anomalies have been identified from an ongoing regional soil sampling programme being conducted over the wider MOD/MTR JV licence holdings. This regional work is in addition to the ongoing resource drilling programme at T3.

• This soil geochemistry survey work focussed on the regional exploration targets T2, T9 and T10, which are located to the north of the T3 Resource Programme area.

• It is important to note that it was soil sampling that led to the discovery of both the T3 Resource target and the mineralisation drilled at T4 earlier this year. MOD also report that soil geochemistry led to the discovery of their 100% owned high-grade Mahumo copper/silver deposit.

• At T2, two strong copper in soil anomalies are outlined; ◦ T2-West, consists consistently high copper values up to 85ppm Cu over a circa 1.5km wide zone.
◦ T2-East, consists consistently high copper values up to 83ppm Cu over a circa 1.5km wide zone.
◦ T2-West is located 20km north of T3 and 3.5km west of the Mahumo deposit; T2-East is 20km north of T3 and 5.5km east of Mahumo. Both T2 anomalies are interpreted from magnetic geophysics survey data, to be associated with folding of the prospective Mahumo geological contact and are located directly along strike from the Mahumo deposit.

• The T2-West and T2-East soil anomalies will be investigated by reverse circulation (RC) drilling as soon as a RC drill rig becomes available.

• At T9 and T10, approximately 60km north of the T3 prospect, extensive copper soil anomalies coinciding with major regional structures have been identified. Investigation is ongoing.

Regional Exploration Programme

The Regional Exploration Programme is being conducted by two geological survey teams. One team is using the JVs fourth diamond drill rig and the reverse RC drilling rig to test soil sampling and induced polarisation (IP) geophysics anomalies already identified along the 25km-long T3 Dome as part of the T3 Prospect Expansion. Whilst the other team is conducting soil sampling along structural targets within the joint ventures extensive regional licence holdings.

Location

The MOD/MTR joint venture Botswana Copper/Silver Project is located on the Kalahari Copper Belt in northern Botswana. 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).

The exploration work is being managed on the ground, in accordance with JORC 2012 best practice, 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=5378547

Metal Tiger unearths more copper potential in Botswana
07:48 13 Jul 2016

“The potential of our Botswana JV Licences for holding as yet undiscovered copper deposits has increased further," Paul Johnson said.



Metal Tiger Plc (LON:MTR) has highlighted the latest exploration update from its 30% owned project in the Kalahari Copper Belt, Botswana.

Soil sampling has identified several copper anomalies. The work focussed on three target areas (referred to as T2, T9 and T10), all of which are located to the north of the more advanced T3 resource target.

The T3 mineralisation was unearthed by following the same soil sampling strategy, the company noted.

It gave further details about some of the newly identified areas, with both the T2-West and T2-East areas said to have shown consistently high copper values - each with more than a 1.5 kilometre strike zone.

The plan is to follow up in these areas with drilling as soon as a rig becomes available. Meanwhile investigations are ongoing for T9 and T10 which have been described as having “extensive copper soil anomalies coinciding with major regional structures”.

Paul Johnson, Metal Tiger chief executive, said: “The potential of our Botswana JV Licences for holding as yet undiscovered copper deposits has increased further with the delineation of these soil geochemistry anomalies.

“The focussed strategy of identifying potential new deposits, by targeting regional scale structures identified from regional geophysics, with relatively low cost, soil sampling grids and RC drilling is paying off.

“The strategy worked to delineate the current T3 Resource Project and reportedly led to the discovery of MOD’S Mahumo deposit.

“It is especially interesting to note that the T2 copper in soil anomalies outlined below are over three times higher than the 28ppm Cu anomalies that led to the discovery of T3.”

Metal Tiger has a 30% stake in the venture, alongside partner MOD Resources (ASX:MOD).

Jamie Ashcroft

No sign of slowdown as Metal Tiger broadens network
11:06 13 Jul 2016

Kolar Gold is the latest to join a growing stable of junior mining investments



If mining company investor Metal Tiger plc (LON:MTR) has its timing right, in a few years time it will sitting out a raft of highly valuable global mining assets.

Among the juniors it has backed are Ariana Resources (LON:AAU), Eurasia Mining (LON:EUA), Kibo Mining (LON:KIBO) and ECR Minerals (LON:ECR).

India-focused Kolar Gold (LON:KGLD) has now just been added to that list.

Metal Tiger PLC (LON:MTR) is to take a 9.4% stake through an investment of £200,000 cash at 1.1p per share with a matching number of warrants exercisable at double that price.

Cameron Parry, Metal Tiger’s former chief executive, will become the chief executive of Kolar Gold. Luke Cairns will join as Kolar’s other executive director.

Through a stake in local company GMSI, Kolar has interests in a portfolio of gold permits and rights across India and also wants to revive the historic BGML mine that closed in 2001.

Progress has been stalled by the bureaucratic process in India but Paul Johnson, Metal Tiger's chief executive, is upbeat.

The new team will launch an operational review of the business as their first task.

“We are hugely excited by the opportunity afforded by our investment and Cameron’s involvement in Kolar Gold and we look forward to updating investors further on transaction completion.”

The investment was at a modest valuation that reflected recent resource sector apathy in the markets, he added.

And that has been the sentiment behind most of the recent activity.

Great start

Timing so far has also been nigh on faultless, starting from an exceptional start with one of its first investments, thermal power station developer Kibo Mining.

Johnson described the process to Proactive.

“We spent some time sorting out the business into the third quarter of 2014, but then we invested £150,000 in Kibo Mining at 1.5p.”

Within days it was trading up to an intra-day price of 12p. The team at Metal Tiger live and breathe the markets, and they weren’t going to miss an opportunity like that, even if there had been a strong element of luck in the timing.

So, in early January, only a couple of months later, Metal Tiger cashed out of its initial Kibo shares, crystallising what it called a “significant return” much of which was rolled back into Kibo via early conversion of 10mln 3p warrants that were attached to the original placing.

As with all the company’s major equity investments it retains a material stake in Kibo.

“The Kibo transaction gave us some working capital, and we wanted to reinvest it quickly and efficiently. We rolled some of the money into an investment in Eurasia Mining,” continued Johnson.

Profits re-invested

That generated another short-term profit to the tune of £180,000, most of which was then ploughed back into Eurasia through early warrant conversion, after production mining approvals were granted to Eurasia for its West Kytlim platinum mine in Russia.

Metal Tiger has also invested £250,000 in Ariana Resources, which is now breaking ground on the construction of a Turkish gold mine at the Kiziltepe project.

As they used to say on daytime top 40 radio, “and the hits just keep on coming”.

Moving into 2016, the company made a strategic investment into Australian Stock Exchange listed MOD Resources (ASX:MOD), its joint venture partner in Botswana.

It invested A$350,000 into the company, acquiring a 4.92% stake, at A$0.006 a share; at the time of writing the shares trade at A$0.0240, four times the price at which Metal Tiger bought in.

In February, it checked out of ECR Minerals, selling shares for £180,000 and banking a profit of £80,000, though it retains 500mln warrants that it can exercise at any time up until November 2018 at a price of 0.04p.

In the same month it acquired a 28.25% stake in ISDX-listed ZimNRG, paying £50,000 to grab 19mln shares.

Network starts to broaden

This was cited as the first step in the broadening of the network of interests in other publicly listed companies through transactions that gave Metal Tiger a significant proportionate holding.

Other irons in the fire include an option on a high grade silver-lead zinc mine a couple of hundred miles north west of Bangkok, where it has until August to thrash out an agreement.

Johnson said the company would also consider opportunities in other related sectors if the board considers there is an opportunity to generate an attractive return for shareholders.

This would include natural resource technologies and fintech opportunities offering leverage to resource identification, processing, recording, storage and trading businesses.

So, trying to guess where Metal Tiger will invest next has become a whole lot harder; far simpler to just invest in Metal Tiger and buckle up for the ride.

Philip Whiterow

Not sure when video of this event will be available but this Sold Out event takes place tonight:


Thursday 14th July 2016
Momentous Events SHOWTIME (Sponsored).

An evening totally FREE for Investors to come and network with their investments. FREE Entry and FREE Food and Drink.

Momentous Events SHOWTIME will run across 2 floors within ABO VIP Lounge at The O2. As seen with previous events the top floor will be the social networking arena. Investors can network and connect with their investments. A wide selection of listed companies will be attending the evening and companies will be added shortly.

EXCLUSIVE NEW EVENT FEATURE

The Momentous Show hosted by Justin Waite.

The show will involve a minimum of 4 guests / companies exclusively interviewed in front of a live forum of investors. The show will be recorded and available to view post the event.


Momentous is very pleased to have @metaltigerplc as a special guest company taking part in The Momentous Show




Where?
ALL BAR ONE ABO VIP LOUNGE,
Unit 2 The O2, Greenwich, London, Greater London, SE10 0DX

When?
Thursday 14th July 2016 Doors open 18:00pm, The Momentous Show will start around 18:30pm.

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Private Investors new and old all welcome to attend.

Why?
To provide a totally FREE event for all Private Investors. Connecting investors from all over the UK with investors, brokers, PR companies, service providers and most of all the companies we invest in.


The event is designed to allow investors to network and socialise with their investments. The world is changing and social media is the way the modern day society like to communicate. Momentous Events brings investors together socially. We don't do the corporate presentations we bring investors together socially and for FREE.

http://www.momentousevents.uk/event.html

Metal Tiger Corporate Presentation

Date added: 14/07/2016 15:24:49

http://www.metaltigerplc.com/index.php/investors/company-presentation/download?path=Metal_Tiger_Presentation%2BJuly%2B16%2Bweb.pdf

In Conclusion

• Resource sector cyclical bottoming phase resource projects and
equities at best value in the resources cycle.

• High Potential Projects targeting the best opportunities for
prospectivity, commerciality, and upside potential.

• Undervalued Equities an ability to invest and trade in shares,
warrants and royalties.

• Pipeline of new opportunities in the background and moving forward
sourced from Board network and direct approaches.

• Seeking high growth rate to become a strong diversified resource
business in precious and strategic metals.

• Exit Strategy to deliver financial returns to shareholders by
distributions of material gains toward the peak of cycle.

July 2016

http://www.metaltigerplc.com/index.php/investors/company-presentation/download?path=Metal_Tiger_Presentation%2BJuly%2B16%2Bweb.pdf

19 July 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")

Participation in MOD Rights Issue

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce an additional investment into MOD Resources (ASX:MOD) through Company participation in the MOD rights issue.

Highlights:

• Metal Tiger acquires a further 6,166,667 new MOD shares at A$0.024 per share as part of MODs oversubscribed rights issue announced yesterday;

• Further investment totals A$148,000 which has been paid from MTRs exiting cash resources;

• Under the terms of MODs rights issue, Metal Tiger will also receive 1,541,667 options to subscribe for new shares in MOD at an exercise price of A$0.06 and exercisable until 15 April 2019;

• MTR now interested in 67,833,333 MOD shares or 4.76% of MOD Resources issued share capital;

• MTRs holding is valued at approximately A$1.93m (1.1m) as at MODs A$0.0285 closing share price on 18 July 2016.

• In addition Metal Tiger holds a total of 30,708,333 options as summarised below. As at todays date the 29,166,166 MOD A$0.01 options tranche are showing a paper profit exceeding 300,000 at current exchange rates.

Paul Johnson Chief Executive Officer of Metal Tiger commented:

We are delighted to participate in MODs rights issue which will provide MOD with circa an additional A$3 million (before costs) and the necessary working capital to continue proactive operations on the ground in Botswana.

We are pleased to date with the results of the drill campaign at T3 as well as the continued campaign to identify potential new deposits. Furthermore it is encouraging to note the continued shareholder support, from MOD and Metal Tiger shareholders alike, for our JV Project and in particular for the rapid advancement of T3.

We look forward to updating shareholders further in the near future.

Metal Tiger - MOD Resources Investment Summary

On 13th January 2016 Metal Tiger announced that it had invested A$350,000 to acquire 58,333,333 MOD shares at a price of A$0.006 per share and was also granted 29,166,666 ASX-listed options with an exercise price of A$0.01 each and an expiry date of 1 May 2018.

Metal Tiger also announced on 20 April 2016 that it had invested a further A$99,999.99 to acquire an additional 3,333,333 MOD shares to maintain its proportionate holding in MOD Resources.

Metal Tiger announces that it has today invested A$148,000.01 to acquire an additional 6,166,667 new MOD shares and was granted 1,541,667 unlisted options with an exercise price of A$0.06 each and an expiry date of 15 April 2019. It is expected that the MOD shares will be allotted on 20 July 2016.

Note: for the financial year ended 31 December 2015 MOD Resources reported a net loss for the period of A$1,064,366 and a comprehensive net loss for the year of A$1,342,408 and total net assets of A$9,656,025.

For further information on the Company, visit: www.metaltigerplc.com:

http://www.moneyam.com/action/news/showArticle?id=5381712

19 July 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")

Spanish Corporate Update – Issue of St Cristobal Licence

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce the award of the San Cristóbal Exploration licence for the joint venture Logrosán Gold and Tungsten Project in Spain.

Highlights:

• San Cristóbal Exploration Licence (Permiso de Investigación No. 10C 10321-00) certificate has been received.

• The award of San Cristóbal brings the total area of prospective ground under exploration licence held by Logrosan Minerals Ltd to 278.5 Km2.

• The licence valid for 3 years to 18 June 2019 and covers area equivalent to 43.81 km2. It covers all of the Group C Minerals including Au, Ag, Pb, Zn, Sn, W, Pt and Cu. The only exclusion being coal and radioactive minerals.

• The San Cristóbal Licence area was selected as prospective based on the results of previous prospecting work conducted by the JV partners MEN (Finland) Ltd. This included 9,095 soil samples and 46 line kilometres of ground geophysics.

• Following the award of the licence the JV Exploration team are commencing a follow-up programme of geochemical sample analysis, with results expected to be available in the near-term.

Paul Johnson, Chief Executive Officer of Metal Tiger plc commented: “Metal Tiger is delighted to announce the formal award of the San Cristóbal Licence which adds materially to the portfolio of interests in this highly prospective multi-commodity district.

To date our Joint Venture partners have identified two potentially significant Tungsten deposits; and gold mineralisation across a number of areas within the licences. Further extensive and positive exploration work has recently been undertaken and we look forward to updating the market with the detailed outcome of this work in the near future.”


***Further Details Via Link Below***

http://www.metaltigerplc.com/index.php/investors/latest-news/873-spanish-corporate-update-issue-of-st-cristobal-licence-2016-07-19-121600

Video from the Thursday 14th July 2016 Momentous Events SHOWTIME evening where PJ did very well to cope with that what looked to be a very cringeworthy event!

Published on Jul 22, 2016

Momentous Events SHOWTIME Showcase and Networking Event held at The O2 ABO VIP Lounge London 14th July 2016. Interactive Interviews filmed LIVE in front of a LIVE audience of investors hosted by Justin Waite.

https://www.youtube.com/watch?v=bsaSqiTqL58&feature=youtu.be

26 July 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")

Positive Botswana Assays and Resource Envelope Expansion

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. Please note that in the linked MOD announcement the 119.6m depth intersection for hole MO-G-20D should be disregarded; the intersections for this hole are correctly outlined in this news release.

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

Paul Johnson Chief Executive Officer of Metal Tiger commented

With receipt of the latest batch of strong copper and silver intercepts a decision has been taken to extend the resource drilling area by a further 200m to encompass the potential for shallow copper in the south-west of the resource area. This enlargement has the potential to not only enlarge the targeted resource tonnage, but to improve potential economics by increasing the proportion of shallow copper resource.

The potential of the deposit has been further highlighted by the 6.2m @ 7.8% Cu & 209g/t Ag intersection reported in hole MO-G-20D; using current metal prices MOD has calculated a copper equivalent grade of 10.4% for this intersection. Given the geology of the deposit the potential of finding other grade veins remains strong.

Highlights:

• Assay results confirm significant copper and silver intersections for a further five diamond drill (DD) holes (MO-G-18D to MO-G-22D) within the Resource Programme area. Key intersections are outlined below.

• Diamond drill hole MO-G-20D has an especially noteworthy intersection of 6.2m @ 7.8% Cu & 209g/t Ag, within a wide, high grade intersection of 20.0m @ 3.2% Cu and 77g/t Ag from 130m downhole.

• Based on an interpretation of drilling results the Resource Programme area has been extended to the south-west to take account of the increased potential for building on shallow depth copper Resources in this area. The resource drilling area now measures 1km along strike and up to 600m across.

• The forth DD rig is currently drilling a 500m deep hole to test an Induced Polarisation (IP) geophysics target located circa 400m down dip, to the north of the current Resource Programme area.

• The T3 host sequence has been intersected by Reverse Circulation (RC) drilling 2km east of the T3 Resource Programme area. The first drill hole in this area, MO-G-29R, has intersected 3m @ 0.7% Cu and 9.3g/t Ag including 1m @ 4% Zn, providing encouragement for delineating further mineralisation in this area.

• The drill testing of the two strong Cu soil anomalies at T2 (announced 13 July 2016) 20km north of T3, as well as other priority regional targets, is scheduled to start early August.

• The metallurgical sample drill holes have been completed, the samples consisting a range of different sulphide ores, are being shipped to the consultants Independent Metallurgical Operations for test work in Perth. Preliminary results are expected October 2016.

Resource Programme Progress


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

• Key results for latest down-hole intersections include:

• Hole MO-G-18D
• 30.4m @ 1.3% Cu & 23g/t Ag from 112.6m, including ◦ 5.5m @ 3.7% Cu & 71g/t Ag from 121.0m

• Hole MO-G-19D
• 10.3m @ 1.2% Cu & 3g/t Ag from 106.7m
• 16.0m @ 1.5% Cu & 22g/t Ag from 131.0m

• Hole MO-G-20D
• 8.0m @ 0.8% Cu & 3g/t Ag from 99.0m
• 20.0m @ 3.2% Cu & 77g/t Ag from 130.0m, including:
• 6.2m @ 7.8% Cu & 209g/t Ag from 136.5m

• Hole MO-G-21D
• 5.5m @ 1.2% Cu & 31g/t Ag from 155.5m
• 14.0m @ 1.4% Cu & 27g/t Ag from 164.0m

• Hole MO-G-22D
• 3.7m @ 1.9% Cu & 15g/t Ag from 168.0m
• 6.6m @ 1.3% Cu & 30g/t Ag from 205.0m (hole stopped in mineralisation)

All 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-018D reached a down hole depth of 182m, MO-G-19D reached 170m, MO-G-20D reached 185m, MO-G-21D reached 182m and MO-G-22D reached 212m.

Holes MO-G-018D to MO-G-021D are located on the same E-W profile at 100m spacing. MO-G-022D is located on the same section line as MO-G-021D, 100m to the north (down-dip).

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 and the reverse circulation drilling rig continue to test the developing pipeline of anomalies elsewhere in the T3 Prospect area. The DD rig is testing the potential for further deeper mineralisation located down-dip of the Resource Programme area whilst the RC rig has confirmed Cu/Ag/Zn mineralisation associated with the Cu soil anomalies 2km east of the resource drilling area.

Current Exploration Programme Plan

The Resource drilling programme at T3 is concentrating on the current 1,000m 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 has been enlarged on the basis of these most recent results, it currently consists of a further 36 diamond core drill holes at 100m collar spacing (subject to assay results planned holes may be added / removed to enlarge / reduce the Resource area envelope).

Given the drilling rates achieved to date, the completion of the maiden Mineral Resource estimate for T3 is still planned for Q3 2016. Two additional diamond drilling rigs have been provided by the projects drilling contractor Discovery Drilling in case the resource drilling rates need to be increased. These rigs are currently on-standby at no cost to the project.

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 drill collar locations in their news release dated 26 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.

For further information on the Company, visit: www.metaltigerplc.com

http://www.moneyam.com/action/news/showArticle?id=5385538

Metal Tiger boosted by latest Botswana drill results
09:09 26 Jul 2016

Partner MOD Resources is extending resource drilling at the copper joint venture in Botswana.



Partner MOD Resources (ASX:MOD) is extending resource drilling at the copper joint venture in Botswana, Metal Tiger Plc (LON:MTR) told investors after further strong assay results were reported.

Shares in Metal Tiger added 3.6% in early deals in London to stand at 3.60p.

Resource drilling at the main T3 target is concentrating on the current 1,000m strike length but the planned programme has been enlarged on the back of the most recent results.

Paul Johnson, Metal's chief executive, said: "With receipt of the latest batch of strong copper and silver intercepts a decision has been taken to extend the resource drilling area by a further 200m to encompass the potential for shallow copper in the south-west of the resource area.

"This enlargement has the potential to not only enlarge the targeted resource tonnage, but to improve potential economics by increasing the proportion of shallow copper resource."

Notably, one hole has shown 6.2m at 7.8% copper and 209g/t (grams per tonne) silver. Other highlights were 10.3 metres at 1.2% copper and 3g/t silver from 106.7m

There was also 5.5m at 1.2% copper and 31g/t silver from 155.5 metres.

Using current metal prices Metal said MOD had calculated a copper equivalent grade of 10.4% for this intersection.

"Given the geology of the deposit the potential of finding other grade veins remains strong," the firm added.

There are three diamond drill rigs now dedicated to resource drilling and the work is on track to complete a maiden resource in the third quarter of 2016.

Drill testing of the two strong Cu soil anomalies at T2, which were announced earlier this month, and lie 20km north of T3, as well as other priority regional targets, is scheduled to start early next month.

Meanwhile, metallurgical sample holes have been completed, with the samples consisting a range of different sulphide ores have been sent to consultants. Preliminary results are expected in October 2016.

Giles Gwinnett