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

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

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21st Apr 2018 UK Investor Show 21st April 2018


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01 November 2018
Metal Tiger plc

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

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

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

https://www.moneyam.com/action/news/showArticle?id=6189684

1 November 2018
Metal Tiger plc

Change of Adviser

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, announces the appointment of Strand Hanson Limited as Nominated Adviser to the Company with immediate effect.

SI Capital is the Company's sole broker with immediate effect.


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, the Company has tungsten and gold interests in the highly-mineralised Extremadura region. In Thailand, Metal Tiger has interests in two potentially near-production stage silver/lead/zinc mines as well as 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 AIM or NEX Exchange (formerly ISDX) partner with whom the Company is engaged.

https://www.moneyam.com/action/news/showArticle?id=6190246

15 November 2018
Metal Tiger Plc

Botswana Copper/Silver Project A1 Dome Drilling Results

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update regarding the Companys Joint Venture (JV) project with partner MOD Resources Limited (MOD) (ASX:MOD) in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal Tiger).

Highlights

-Six widely spaced diamond drill holes completed in first phase programme at the A1 Dome, approximately 22km from the T3 Copper Project (T3)

-Assay results confirm wide disseminated copper intersections in two drill holes:
MO-A1-005D: 130m @ 0.52% Cu & 3.5g/t Ag from 590m (which will be extended to the Ngwako Pan Formation contact (NPF Contact) in Q1 2019)
MO-A1-006D: 52m @ 0.61% Cu & 4.6g/t Ag from 624m, including
1.4m @ 3.8% Cu & 26g/t Ag from 673m on NPF Contact

-Drilling confirms exploration model for discovering copper mineralisation associated with structural domes.

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

We are very pleased to provide the results of first phase drilling at the A1 Dome. This programme was designed to test the copper potential of a 4km long section of the 12km long A1 prospective structural target identified from our previous airborne geophysics survey. The presence of wide disseminated copper intersections and higher-grade vein mineralisation at the NPF stratigraphic contact have once again confirmed the model for discovering significant copper mineralisation below structural domes. The NPF hosts the majority of the known higher-grade copper mineralisation on the Kalahari Copper Belt and extends over 250km in northwest Botswana.

With drilling and sampling currently ongoing at the T23 Dome, 100km to the west of the A1 Dome, we look forward to providing further assay results in the near future.

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

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

***More via link below***

https://www.moneyam.com/action/news/showArticle?id=6207498

16 November 2018
Metal Tiger Plc

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

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that, further to its announcements of 18 July 2018 and 1 November 2018, both MOD Resources Limited (MOD) and Metal Tiger have agreed to waive the only remaining condition precedent to enable completion of the sale of the Companys interest in the T3 Project, being the approval of the transfer of the remaining 10 exploration licences held by the existing joint venture arrangement between the parties to Tshukudu Exploration (Pty) Ltd (Tshukudu Exploration), a new joint venture (New JV) company held by MOD (70%) and Metal Tiger (30%).

Eight of the 18 exploration licences have already been transferred to the New JV with the remaining 10 exploration licences currently being held in trust for the benefit of the New JV until such time as they are transferred to Tshukudu Exploration following receipt of the requisite Ministerial approval in Botswana. The remaining licence, PL190/2008, which includes the T3 Project, will be held on trust for Tshukudu Exploration, and all areas excluding the T3 Project will form part of the New JV.

Accordingly, the sale of the T3 Project and the creation of the New JV, as detailed in the announcement of 18 July 2018, has completed in full.

As a result, Metal Tiger has been issued with 17,090,000 MOD shares (the Consideration Shares), and 40,673,566 unquoted options with a nil exercise price and expiring on 15 November 2021 (the Options) (together with the Consideration Shares, the MOD Securities). Following the issue of the Consideration Shares, Metal Tiger will be interested in 31,064,220 MOD shares, representing 12.5% of MODs then enlarged share capital. Metal Tiger is restricted from disposing of any of the Consideration Shares, as well as any MOD shares issued pursuant to the conversion of the Options, for a period of 12 months from completion.

The Options represent approximately 16% of MODs enlarged share capital (as enlarged by the Consideration Shares) and will reduce the impact of any dilution of Metal Tigers shareholding in MOD as a result of any future MOD equity issuance or any sale of shares by Metal Tiger. As previously announced, Metal Tiger may exercise the Options by converting them into one MOD share each, provided Metal Tiger owns equal to or less than 12.5% of MOD after completing such conversion. The MOD Securities represent, in aggregate, approximately 25% of MODs diluted share capital (as enlarged by the Consideration Shares) assuming only exercise of the Options and, on this look-through basis, taken with its 30% interest, this would give Metal Tiger an effective 47% interest in the New JV.

Whilst the aggregate number of MOD Securities issued to Metal Tiger remains the same, the proportion of Consideration Shares to Options has been amended to ensure that the Company does not own more than 12.5% of MODs issued share capital following Metal Tigers on-market purchase of 94,178 MOD shares, as announced on 10 September 2018. All other terms and conditions of the transaction remain the same, including the right of Metal Tiger to appoint a nominee to the MOD Board whilst the Company owns at least 10% of MOD. Accordingly, Metal Tiger is pleased to announce that Michael McNeilly has been appointed to the Board of MOD as a nominee of Metal Tiger, with immediate effect.

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

We are very pleased to have completed this landmark transaction with MOD. This deal demonstrates Metal Tigers ability to create significant shareholder value through its investment strategy, having achieved a significant uplift in the value of its investment in the T3 Project which has been used to further enhance our already strong balance sheet.

We believe that this transaction represents an exceptional outcome for both MOD and Metal Tiger shareholders and completion sees Metal Tiger becoming MODs largest shareholder. In addition to this, following completion, MOD now has the flexibility, through 100% ownership of the T3 Project, to maximise the benefits of available financing options relating to the T3 project.

Through its increased interest in MOD and the New JV, the transaction places Metal Tiger in a strong position to benefit from the underexplored, district scale potential of the Kalahari Copper Belt. I look forward to working with the experienced team at MOD as they look to become a mid-tier copper producer.

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

https://www.asx.com.au/asx/share-price-research/company/MOD

https://www.moneyam.com/action/news/showArticle?id=6209332

Metal Tiger Plc

Botswana Copper/Silver Project – T23 Dome Shallow Copper Mineralisation Intersected

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update regarding the exploration activities of the Company’s new Joint Venture (“New JV”), Tshukudu Exploration (Pty) Ltd (“Tshukudu Exploration”), in the Kalahari Copper Belt in Botswana. The Company holds a 30% interest in Tshukudu Exploration via Metal Capital Exploration Limited, with MOD Resources Limited (“MOD”) (ASX:MOD) holding the remaining 70%. For further information on the New JV, please see the Company’s announcements of 18 July 2018 and 16 November 2018.

Highlights

-Diamond drilling in the first two widely spaced holes at the T23 Dome has intersected visible copper mineralisation at very shallow depth that may be of significant potential

-T23 Dome is the first drilling target on the T20 Exploration Project, located 100km west of the T3 Project, since T4

-T23 is the sixth significant copper mineralisation find on MTR/MOD joint venture licences, over the last 3 years

-Holes MO-T23-001D and MO-T23-002D both intersected:

.Near surface, copper oxide mineralisation including narrow veins and fracture zone hosted malachite and chrysocolla

.Primary copper sulphides including disseminated chalcocite, chalcopyrite and bornite hosted within typical D’Kar Formation sediments, from 50m depth above a red sandstone interpreted to be within the Ngwako Pan Formation (NPF)

.Finely disseminated chalcocite has also been reported locally within the NPF

-Assay results for these holes are currently awaited whilst drilling is being stepped up to test specific structural targets elsewhere on the previously unexplored T23 Dome

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

“We are delighted to report the intersection of shallow copper mineralisation on the T23 Dome, which forms part of T20 Exploration Project, 100km west of the T3 Project, and is held within the New JV.

Whilst Metal Tiger now holds an indirect interest in the T3 Project through our shareholding in MOD, we continue to explore the wider Kalahari Copper Belt in order to generate significant upside potential through the new, directly held, Tshukudu Exploration joint venture.

With drilling at the T23 Dome returning potentially significant visible copper intersections and rigs being mobilised to follow-up on the previous high-grade intersections at T4, we are looking forward to a potentially exciting new chapter of Kalahari copper discoveries.”

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

https://www.asx.com.au/asx/share-price-research/company/MOD

***More via link below***

https://www.metaltigerplc.com/index.php/news/1277-botswana-copper-silver-project-t23-dome-shallow-copper-mineralisation-intersected-2018-11-21-070000

Metal Tiger are at Mines and Money (London) which starts tomorrow:

https://london.minesandmoney.com/

They are exhibiting on Stand D24 also Michael McNeilly, CEO, is presenting on Tuesday 27th at 12:40pm in Spotlight Theatre.

https://twitter.com/metaltigerplc

28 November 2018
Metal Tiger Plc

Exercise of Warrants in Thor Mining

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that it has exercised 7,500,000 warrants over ordinary shares of 0.01 pence each ("Thor Shares") in Thor Mining plc ("Thor Mining") at a price of 1.2 pence per warrant, representing a gross value of GBP90,000.

Accordingly, Metal Tiger will be issued with 7,500,000 new ordinary shares in Thor Mining on the admission of such shares to trading on AIM ("Admission").

Following Admission, Metal Tiger will be interested in 80,100,000 Thor Shares, representing approximately 11.7% of Thor Mining's then issued share capital.

Thor Mining is an AIM and ASX listed exploration and development natural resources company with interests in tungsten, molybdenum and copper projects in Australia and the USA. For the year ended 30 June 2018, Thor Mining reported net assets of GBP11.5 million and a net loss of GBP1.2 million.

https://www.moneyam.com/action/news/showArticle?id=6224588

Metal Tiger plc

Kalahari Metals Limited – Earn-in Agreement Doubles Exploration Landholding

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update further to its announcement of 20 August 2018 regarding its Kalahari Metals Limited (“KML”) joint venture in Botswana.

Highlights

Further to the announcement of 20 August 2018, KML has now completed due diligence and entered into an earn-in agreement with Resource Exploration and Development Ltd (“RED”) (the “Agreement”) to acquire an interest in five recently granted exploration licences (the “RED Licences”), with a total area of 4,661km2, in the highly prospective Kalahari Copper Belt

Pursuant to the Agreement, KML
will acquire up to 25% of Kitlanya Ltd (“Kitlanya”), RED’s wholly owned subsidiary that holds the RED Licences for an immediate cash investment of US$100,000
has the option to acquire the remaining 75% of Kitlanya by way of an issue of KML shares at a value of US$700,000
the number of KML shares to be issued will be determined at the time of issue and will be dependent on, inter alia, the valuation of KML at that time

The Agreement more than doubles KML’s exploration interests from 4,063km2 to 8,724km2

The RED Licences form two contiguous groups
Kitlanya East, consists of three licences located immediately south of MOD Resources Limited’s T3 Deposit and Cupric Canyon Capital’s Chalcocite Zone deposit

Kitlanya West, consists of two licences located along strike of KML’s Ngwako Copper Project and abuts the Namibian border on the northern limb of the Kalahari copper belt

Kitlanya East will target mineralised redox boundaries proximal to basin boundaries and basement horst blocks which are interpreted to extend through the project area. Soil cover is thin and a first phase soil sampling programme is scheduled to commence immediately

Kitlanya West has the potential for copper related to structural domes interpreted from historical airborne electromagnetic (“AEM”) geophysics survey data. These domes will be similar targets to those providing exciting copper intersections in the MTR/MOD joint venture areas

Regional AEM geophysics test lines are planned to be flown over the PL070-072/2017 Kitlanya East permits during the initial soil sampling programme in order to help identify drilling targets for 2019

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

“We are pleased to announce the agreement to significantly increase KML’s exploration interests in Botswana.

The earn-in agreement between KML and RED substantially increases Metal Tiger’s exposure to highly prospective ground within the Kalahari Copper Belt, which across the separate KML and MOD joint ventures covers an area of around 16,000km2, an equivalent area to over three quarters the size of Wales.

With the regional soil sampling programme due to commence immediately over Kitlanya East, and airborne geophysics being planned, we look forward to keeping shareholders updated on KML’s progress. We commend our KML partners for securing this deal.”

Project Background

Following the Agreement, KML now holds interests in 12 highly prospective exploration licences covering a total area of 8,724km2 in the Kalahari Copper Belt, consisting of two 100% owned exploration licences, five exploration licences subject to a binding earn-in agreement with Triprop Holdings (Pty) Limited (“Triprop”) and five exploration licences subject to the Agreement. Under an investment agreement, announced on 6 June 2018, MTR has the right to acquire up to 50% of KML, providing MTR with further exposure to largely unexplored area, adjacent to significant recent discoveries in the highly prospective Kalahari Copper Belt.

https://www.metaltigerplc.com/index.php/news/1280-kalahari-metals-limited-earn-in-agreement-doubles-exploration-landholding-2018-11-30-070000

30 November 2018
Metal Tiger Plc

Thailand Permitting Process Update

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that, on 22 November 2018, the Thai Minister for Industry (the “Minister”) appointed the final six Mineral Committee members.

The Mineral Committee under the newly implemented Minerals Act B.E. 2560 (2017) (the “Act”), is charged with: 1) advising the Minister of Industry on bidding procedures and the issuance of ministerial regulations and notifications; 2) approval of special prospecting licenses and mining leases and their renewals and transfers; 3) revocation of mining lease conditions for properties in certain mining categories; 4) resolution of complaints; and 5) providing assessments of the impact on health and the environment.

The mining lease and exploration licence permitting process in Thailand was suspended in August 2017 when the Minerals Act B.E. 2510 (1967) was officially replaced by the Act, pending completion of the 20-year minerals management strategy and the 5-year minerals management master plan (2017-2021), which were ratified by the Thai Cabinet in July 2018.

The Board of the Company views the finalisation of the Mineral Committee as the remaining major legislative hurdle to the resumption of the permitting process in Thailand. Accordingly, the Board believes that the formal process of progressing Kemco and Boh Yai’s mining licence applications and Metal Tiger Exploration’s special prospecting licence applications in Thailand can resume.

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

“The 20-year mineral management strategy and the first 5-year mineral management master plan had been under consideration by the Government of Thailand for over a year. The appointment of the final six Mineral Committee members represents a major milestone and the removal of a major hurdle that has kept Metal Tiger’s mining projects in Thailand from progressing. We now look forward to restoring the application process for our Thai assets.”

https://www.metaltigerplc.com/index.php/news/1279-thailand-permitting-process-update-2018-11-30-070000

3 December 2018
Metal Tiger Plc

Purchase of interest in Greatland Gold plc

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that it has purchased, on market, 14,700,000 ordinary shares of 0.1 pence each in Greatland Gold plc (“Greatland Gold” or “Greatland”) (AIM:GGP) (“Greatland Shares”) at an average price of 1.72 pence per share.

Accordingly, following the purchase, Metal Tiger’s interest in Greatland is 14,700,000 Greatland Shares representing approximately 0.46% of Greatland’s issued share capital.

Greatland Gold is an AIM listed natural resource exploration and development company with a current focus on gold, copper and nickel exploration projects in Australia. For the year ended 30 June 2018, Greatland reported net assets of £4.3 million and a net loss of £1.9 million.

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

“Metal Tiger is delighted to once again become a shareholder of Greatland Gold following the recent announcement of a world class gold discovery at Greatland’s Havieron licence in the Paterson region of Western Australia.We are highly encouraged by the indicative size of this new gold discovery at Havieron, given the exceptional drilling and geophysical results Greatland has announced to date.”

“Today’s announcement reflects Metal Tiger’s focus on acquiring minority equity investments in natural resource projects that demonstrate considerable upside potential.We are confident that through this strategy we can continue to add significant value to Metal Tiger’s Direct Equities portfolio over the coming months.”

https://www.metaltigerplc.com/index.php/news/1281-purchase-of-interest-in-greatland-gold-plc-2018-12-03-070000

10 December 2018
Metal Tiger Plc

Botswana Copper/Silver Project – T23 Dome Exploration Update

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update regarding the exploration activities of the Company’s new Joint Venture (“New JV”), Tshukudu Exploration (Pty) Ltd (“Tshukudu Exploration”), in the Kalahari Copper Belt in Botswana. The Company holds a 30% interest in Tshukudu Exploration via Metal Capital Exploration Limited, with MOD Resources Limited (“MOD”) (ASX:MOD) holding the remaining 70%. In addition, MTR holds approximately 12.5% of the issued share capital of MOD. For further information on the New JV, please see the Company’s announcements of 18 July 2018 and 16 November 2018.

Highlights

-Third diamond drilling hole, MO-T23-003D, at the T23 Dome has intersected wide zones of finely disseminated chalcocite and bornite copper mineralisation from 85m to 385m downhole depth and a strongly mineralised vein at 268m shows potential for high grade intersections. Assay results are awaited.

-MO-T23-003D is approximately 700m east of drill holes MO-T23-001D and MO-T23-002D where visible disseminated copper mineralisation was also intersected (announced 21 November 2018).

-Drilling has commenced at MO-T23-004D, 250m north of MO-T23-003D, targeting the regionally prospective Ngwako Pan Formation (“NPF”) contact which was not intersected in MO-T23-003D.

-Airborne electromagnetic (AEM) geophysics survey data interpreted for 390km2 (70 pseudo-sections at 400m spacing) over the T23 Dome, T4 Prospect and T22 areas has identified several new buried dome structures and fold features which offer structural drilling targets for a drilling programme planned for early 2019.

-Multiple copper and zinc soil anomalies have been identified to south of T23 Dome, extending approximately 60km along the centre of the T20 Exploration Project and open to the west, these are high priority for drill testing in early 2019.

-Assay results received for hole MO-T23-001D, whilst low, show copper mineralisation is associated with the same lower D’Kar Formation sequence which hosts all known deposits in the Kalahari Copper Belt.
Hole MO-T23-001D
25.0m @ 0.36% Cu and 4g/t Ag from 65m, including
3.0m @ 0.7% Cu & 10g/t Ag from 65m
1.0m @ 1.0% Cu & 13g/t Ag 80m
2.0m @ 0.6% Cu & 7g/t Ag from 88m

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

“We are delighted to report another intersection of shallow copper mineralisation on the T23 Dome, which forms part of the T20 Exploration Project, 100km west of the T3 Project.

With further drilling targets identified by the latest geophysics data interpretation and soil sampling results, we have a qualified pipeline of further exploration drilling targets and a good prospect of new discoveries for 2019.”

This announcement coincides with an update released today by MOD which can be viewed through the following link: https://www.asx.com.au/asx/share-price-research/company/MOD

https://www.metaltigerplc.com/index.php/news/1283-botswana-coppersilver-project-t23-dome-exploration-update-2018-12-10-070000

14 December 2018
Metal Tiger Plc

Botswana Copper/Silver Project – All Prospecting Licences Now Extended & Transferred

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update regarding the exploration activities of the Company’s new Joint Venture (“New JV”), Tshukudu Exploration (Pty) Ltd (“Tshukudu Exploration”), in the Kalahari Copper Belt in Botswana. The Company holds a 30% interest in Tshukudu Exploration via Metal Capital Exploration Ltd, with MOD Resources Ltd (“MOD”) (ASX:MOD) holding the remaining 70%. In addition, the Company holds approximately 12.5% of the issued share capital of MOD. For further information on the New JV, please see the Company’s announcements of 18 July 2018 and 16 November 2018.

Highlights

*All JV Prospecting Licences (PLs) have been granted two-year extensions ahead of the scheduled expiry/renewal date on 31 December 2018. There was no reduction in land area, all ground is retained under the extensions. These approvals follow on from the first eight of 18 licences being extended and transferred to the New JV as announced 26 October 2018.

*New prospecting licence PL093/2018 has been issued for three years to 30 September 2021.

*All PLs (excluding PL190/2008) have now been transferred to the New JV in-country exploration company, Tshukudu Exploration.
PL190/2008 includes the T3 Project, with all areas excluding the T3 Project being held on trust for the New JV.

*Total area under licence now covers 8,163km2, of which 3,350km2 includes the highly prospective T20 Exploration Project.


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

“We are delighted to report that the Botswana Minister for Mineral Resources, Green Technology and Energy Security has now granted all prospecting licence extensions, and that these licences have been successfully transferred into the New JV.

These extensions, together with the new prospecting licence, secure title over a very prospective tract of the Kalahari Copper Belt, including the Central Structural Corridor which is yielding some very exciting targets and offers the potential of new copper deposit discoveries.”

This announcement coincides with an update released today by MOD which can be viewed through the following link: https://www.asx.com.au/asx/share-price-research/company/MOD

https://www.metaltigerplc.com/index.php/news/1284-botswana-copper-silver-project-prospecting-licences-extended-transferred-2018-12-14-113100

20 December 2018
Metal Tiger PLC

Botswana Copper/Silver Project – A4 Dome Drilling Update

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update regarding the exploration activities of the Company’s Joint Venture (the “JV”), Tshukudu Exploration (Pty) Ltd (“Tshukudu Exploration”), in the Kalahari Copper Belt in Botswana.

Highlights

*First phase of drilling at the 5km long A4 Dome has completed with 18 of 20 holes intersecting copper mineralisation. The A4 Dome lies only 8km from the planned processing plant for MOD Resources Limited’s (“MOD”) T3 Project.

*Drill hole intersections include significant widths and grades of both vein and Ngwako Pan Formation (“NPF”) contact type mineralisation.

*Potential for A4 Dome mineralisation is open with approximately one third (1.6km) of the prospective 5km strike drilled to date.

*High-level conceptual underground mining study, conducted by independent consultants Entech Pty Ltd, gives positive outcomes for a combination of room-and-pillar and long hole open stoping mining of NPF contact related mineralisation via a decline from surface.

*Decision to progress the A4 Dome programme towards a potential mineral resource estimate is expected to be made early 2019.

*Assay results include:****See Link at BOP****


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

“We are delighted to report the results of the first phase of drilling and a preliminary conceptual underground mining study on the A4 Dome, both of which indicate the potential for another significant copper resource only 8km from the planned T3 Project processing plant.

The findings provide strong support for a decision to step out the drilling to the rest of the A4 Dome prospective target area and start to work towards a A4 Dome maiden resource in early 2019.We look forward to updating shareholders on our progress in the new year.”

This announcement coincides with an update released today by MOD which can be viewed through the following link: https://www.asx.com.au/asx/share-price-research/company/MOD

https://www.metaltigerplc.com/index.php/news/1285-botswana-copper-silver-project-a4-dome-drilling-update-2018-12-20-070000

Edit:

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