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Metal Tiger (MTR)     

Bullshare - 19 Nov 2015 15:19

Shares Investor Evenings showcase up to four presentations from leading companies bringing them together in one room for one evening only.

Directors present their latest plans regarding development and growthAn opportunity to talk directly to the companies and personally put forward your questionsThe chance to network with other attendees over drinks and canapés - private investors, wealth managers, private client brokers, fund managers and financial institutions
Who Should Attend?

The evening exposes investors to companies across various sectors. Perfect for existing investors as well as those looking for new investment opportunities.

Date:

Tuesday 1st December 2015

Venue:

Novotel Tower Bridge, London EC3N, 10 Pepys Street, London, EC3N 2NR

Event Timings:
18.00 
Registration and coffee
18.30 
Presentations
• Tony Manini, Director, CEO & Deputy Chairman - Asiamet Resources (ARS)
• Mark Learmonth, CFO & Director - Caledonia Mining Corporation (CMCL)
• Glen Parsons, CEO - Mariana Resources (MARL)
• Cameron Parry, CEO, Executive Director - Metal Tiger (MTR)
20.30 
Drinks reception and canapés
21.30 
Close
Attendance is free, but spaces are limited. Register now to secure your place!
Asiamet Resources (ARS)
Asiamet Resources (ARS) 

Asiamet Resources Limited (formerly Kalimantan Gold Corporation Limited) ("ARS") is an AIM and TSX-V listed mining junior, focused on exploring its copper and gold prospects in Kalimantan and Sumatra, Indonesia.In Central Kalimantan, the company has drilled more than 35,000 metres at its KSK copper project, uncovering the potential for a world class deposit.In Aceh, on the island of Sumatra Indonesia, the Beutong mineral resource is located within the Beutong IUP. Beutong's Mineral Resource on a 100% basis comprises: as announced January 14, 2015.

In East Kalimantan, its Jelai gold prospect has the potential to yield a major epithermal deposit.ARS actively supports the Yayasan Tambuhak Sinta (YTS) Foundation which has an outstanding track record in community and social projects close to the exploration areas.
Caledonia Mining Corporation (CMCL)
Caledonia Mining Corporation (CMCL) 

Caledonia is an exploration, development and mining company focused on Southern Africa. Caledonia's primary asset is a 49% interest in the Blanket Mine in Zimbabwe which produced over 45,500 ounces of gold in 2013 at a cash cost of US$613/oz.Caledonia has a strong, experienced management team and Board of Directors with diverse expertise in gold production, exploration, mine development, finance and marketing.

Mariana Resources (MARL)
Mariana Resources (MARL) 

Mariana Resources Ltd is an AIM quoted exploration and development company with an extensive portfolio of gold, silver and copper projects. Mariana’s portfolio covers some prospective districts in Peru and Santa Cruz Province, Argentina. In Peru, the Company is exploring for porphyry-hosted gold/copper at the Condor del Oro property under an option deal. In Santa Cruz, key epithermal gold-silver projects, all 100% owned, are Las Calandrias (resource stage), Sierra Blanca (numerous drill intercepts), Los Cisnes (drill target definition) and Bozal (drill target definition).

Metal Tiger (MTR)
Metal Tiger (MTR) 

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.

Sponsored by:
AJ Bell Youinvest

banjomick - 22 Apr 2016 10:12 - 61 of 102

Paul Johnson & Andrew Bell CEO's
Published on Apr 21, 2016

Both CEO's talk to LSE Share talk about how they are working together in the future. Recorded at the Mining Maven - UK Investor Forum investment show

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banjomick - 23 Apr 2016 10:55 - 62 of 102

Master Investor Show

Metal Tiger and MOD Resources will be exhibiting at the Master Investor Show at the Business Design Centre, 52 Upper Street, Islington, N1 0QH on Saturday 23rd April 2016.
http://masterinvestor.co.uk/show/tickets/


PAUL JOHNSON, CHIEF EXECUTIVE OFFICER

Metal Tiger Plc | 10:25 – 10:35


Paul Johnson has been an active investor for more than 20 years and was a co-founder of MiningMaven, an investor communications service focused on the natural resources sector. His previous roles have included Business Risk Consulting Group Manager for FM Global and Regional Director for Capita McLarens.

Paul is a Chartered Accountant (England & Wales, 1996), an Associate of the Chartered Institute of Loss Adjusters (2000) and of the Chartered Insurance Institute (2005) as well as a Member of the Business Continuity Institute (2007). He holds a BSc (Hons) in Management Science (1991) from UMIST School of Management, Manchester, UK.

****Updated****

Twitter
Master Investor Show
Metal Tiger
#MasterInvestorShow

banjomick - 25 Apr 2016 22:48 - 63 of 102

Master Investor Show

Published on Apr 25, 2016


MOD Resources MD Julian Hanna & Jacques Janse van Rensburg General Manager of exploration(Africa) present at the Mining Maven, UK Investor Forums event London, UK

MOD Resources Limited is a Perth-based and ASX listed Company with a focus on the Botswana Copper Project, which covers a vast and strategic ~11,633km2 tenement footprint at the centre of the Kalahari Copper Belt.

MOD owns 70% of Discovery Mines (Proprietary) Ltd (“DMI”) through subsidiary companies Metal Capital Ltd and Tshukudu Metals Botswana (Pty) Ltd, following completion of the acquisition of DMI announced on 16 December 2015. Metal Tiger Plc (AIM: MTR) owns the remaining 30% interest. DMI holds 14 prospecting licences with a total area of approximately 7,446km2 in the Kalahari Copper Belt.

Recorded 20th April 2016

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banjomick - 26 Apr 2016 11:08 - 65 of 102

Eurasia Mining plc (AIM: EUA)

Project Update: Semenovsky Gold Tailings Project
Released : 26.04.2016

Eurasia Mining plc, the Russia focused PGM and gold exploration and development company, here working in partnership with Metal Tiger plc (LON:MTR), is pleased to report further progress at the Semenovsky Tailings Project (STP) in Bashkiria, Russia.

Highlights:

- Russian Pre-Feasibility Study equivalent - the TEO of Conditions - which was submitted to Bashnedra, the local Bashkirian Mines Department, has now been approved;

- Metallurgical testing of the STP is now fully underway with 5 metallurgy focused drill holes completed and core logging by Eurasia geologists is on-going;


- Metallurgical samples have been shipped from the site to Ekaterinburg to be prepared for onward shipment for metallurgical analysis with results to follow shortly thereafter.

Christian Schaffalitzky, Managing Director of Eurasia Mining commented "Approval of the TEO of Conditions is a major step forward for the STP and allows us to continue at pace with our other due diligence work and to lay the foundations for the commencement of processing plant construction later in the year.

We are also very pleased to see activity on the ground at Semenovsky with the metallurgical testing underway. This is a very key part of our project due diligence and we look forward to receiving, analysing and releasing the findings to market at the earliest opportunity.

Plant construction at Semenovsky is scheduled to commence in Q4 2016 subject to satisfactory completion of remaining due diligence and timing of final permits."

Background to Semenovsky Tailings Project

In November 2015, Eurasia, in partnership with Metal Tiger, signed an exclusive option to acquire 67% of STP with the Russian registered licence holding company Golden Sands. Eurasia is now in detailed discussion on exercising the option.

TEO of Conditions (Russian Pre-Feasibility Study Equivalent) Approval


Progress has been made in statutory licensing obligations, as the company has received written notice of approval of the project TEO of Conditions (Russian equivalent of a Pre-Feasibility document). This document demonstrates the economic extraction of the contained gold and silver reserves according to a specific processing scheme. The expert panel within the Bashkirian Mines Department approve of the scheme as proposed.

The draft TEO of Conditions was submitted to the Bashkiria Mines Department (Bashnedra) on the 2nd of February 2016. The expert panel reviewed the document reported, as per the standard approvals process; their recommendation being that the TEO be approved. The TEO was subsequently approved by Bashnedra by written notification on the 21st of April 2016. A Reserves Report, of which the TEO is an integral part, is now being approved.

For further details and project economics from this TEO document please see RNS dated 12th February 2016.

Metallurgical Testing Progress

A drilling programme was completed between the 19th and 21st of April. Five drill holes to the bottom of the tailings dam were undertaken to extract samples for further metallurgical studies. This is an integral part of Eurasia and Metal Tiger's project due diligence as a study performed on these samples will confirm the metallurgical aspects of the proposed process flow sheet.

The five drill holes from which a metallurgical sample will be taken are intended to be representative of the entire tailings dam. Metallurgical analysis will consist initially of a cyanide bottle roll tests according to best industry practice, and will proceed to detailed mineralogical investigations including work to optimise the parameters of the proposed processing route at STP.

Dialogue on a proposed bulk sampling program at industrial scale and using a nearby operating mine continues in parallel to this study and we look forward to updating should a cost-benefit analysis of this option prove practical.

http://otp.investis.com/clients/uk/eurasia-mining/rns/regulatory-story.aspx?cid=403&newsid=709330

banjomick - 26 Apr 2016 12:24 - 66 of 102

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

Financing Update - £1million raised

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to advise that the Company has raised £1,000,000 at 4.5p per share through a strategic placing and subscription of shares in the Company.

Highlights:

§ Placing and subscription of 22,222,218 new ordinary shares in Metal Tiger at a subscription price of 4.5p per ordinary share raising gross proceeds of £1,000,000;

§ Issue of 22,222,218 warrants to subscribe for 22,222,218 new ordinary shares in Metal Tiger at an exercise price of 9p per warrant, within a 12 month exercise period (ie. one warrant at 9p for each ordinary share purchased at 4.5p);

§ Placing undertaken with high net worth investors, several existing investors and also new holders of Company shares ; and

§ Funding to augment existing underlying working capital for strategic project development with a core focus on Botswana, Thailand, Spain and a number of additional opportunities that have recently been identified by the Company.



Paul Johnson Chief Executive Officer of Metal Tiger plc commented "we are delighted to be able to announce the Company's largest single fundraise to date which once again has been undertaken at a reasonable placing price. The Board of Metal Tiger reiterate that we will seek at all times to undertake market placings on terms that protect our existing investors.


With this extra capital adding to an already significant working capital position, Metal Tiger goes from strength to strength as it focuses on its key assets in Botswana and Thailand. Moreover we have also identified a number of new opportunities that deserve attention and are in line with our stated policy of focussing on our key Metal Projects activities and generating additional working capital through investments made by our Asset Trading division.

The Metal Tiger team will continue to strive to deliver significant shareholder value and this funding gives Metal Tiger even more leverage to deliver on this primary strategic objective."

Placing and Subscription Summary

Metal Tiger has agreed a placing and subscription to raise £1,000,000 gross proceeds through the issue of 22,222,218 new ordinary shares in Metal Tiger at a price of 4.5p per share (the "Placing Shares").

Each Placing Share issued has an accompanying warrant to subscribe for an additional new ordinary share at a price of 9p in Metal Tiger at any time within the 12 month following admission to trading of the Placing Shares (a total of 22,222,218 warrants).

The Placing Shares are expected to be admitted to trading on or around 11th May 2016. Following the issue of the total Placing Shares, the number of ordinary shares in issue in the Company will increase to 538,542,337 shares. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Metal Tiger following this allotment consists of 538,542,337 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs.

http://www.moneyam.com/action/news/showArticle?id=5325218

Reported elsewhere:

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banjomick - 27 Apr 2016 12:55 - 67 of 102

The live feed was posted last week and was there to view for a few days, this is the official Miningmaven recording of the Metal Tiger (MOD to follow?)Investor Presentation Evening Wednesday 20th April with slideshow this time:

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banjomick - 27 Apr 2016 14:40 - 68 of 102

and a link for downloading the presentation slides from the MTR website:

http://www.metaltigerplc.com/index.php/investors/company-presentation/download?path=Metal_Tiger_Presentation18.04.16-lowres.pdf

banjomick - 28 Apr 2016 08:42 - 69 of 102

28 April 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")

Warrant Exercise

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

***See Link BOP***

The Board is pleased to confirm that it has raised £1,121,500 from warrant conversions since March 16 2016.

The 2,857,142 new ordinary shares are expected to be admitted to trading on or around 5 May 2016. Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 519,177,261. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Metal Tiger following this allotment consists 519,177,261 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs. For the avoidance of doubt following the admission to trading on 11 May of the 22,222,218 shares issued as part of the £1 million placing announced on the 26 April 2016 there will be 541,399,479 ordinary shares with voting rights attached (one vote per shares).

http://www.moneyam.com/action/news/showArticle?id=5330527

banjomick - 28 Apr 2016 11:10 - 70 of 102

28 April 2016

Metal Tiger Plc

("Metal Tiger" or the "Company")

STRATEGIC ACQUISITION - GOLDSTONE RESOURCES

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce the Company's participation in the acquisition of 12,013,173 shares of Goldstone Resources Ltd ("Goldstone Resources")(AIM:GRL) by the Company and Red Rock Resources plc ("Red Rock")(AIM:RRR) at a price of 1.87p per Goldstone Resources share.

The acquired shares total 19.29% of the issued share capital of Goldstone Resources, and upon completion of the acquisition Red Rock will acquire and own 6,006,587 GRL shares (9.645% of GRL) and MTR will acquire 6,006,586 shares (9.645% of GRL). Metal Tiger already owns 2,250,000 shares in Goldstone Resources, therefore following the additional acquisition Metal Tiger will own 8,256,586 shares representing 13.26% of Goldstone Resources.

Goldstone Resources is an exploration company with exploration skills that focus on West and Central Africa. The assets include the Homase/Akrokerri project adjoining and to the East and North of AngloGold Ashanti's Obuasi mine in the Ashanti Gold Belt in Ghana. The project has a JORC Mineral Resource of 602,000 oz of gold at 1.77 g/t. Other licenses are held in Gabon and Senegal.

The consideration for the acquisition is GBP225,000. Of this consideration GBP112,500 is payable in cash by Metal Tiger.

The balancing consideration of GBP112,500 is payable by Red Rock Resources and we would refer readers to their market announcement in this regard.

At the close of business on 27 April 2016 the price of GRL shares was 1.65 pence and the market capitalisation of GRL was GBP1.027m. In the six months to 30 June 2015 GRL reported pre-tax losses of GBP813,206 and net assets of GBP730,423.

Paul Johnson, Chief Executive Officer of Metal Tiger plc excluded himself from the decision to proceed with this acquisition being an existing holder of Goldstone Resources shares.

Terry Grammer, Chairman of Metal Tiger commented "We are pleased to announce the strategic acquisition of shares in another UK listed operating resource company. Metal Tiger continues to build its investment in low valuation clean operating vehicles and anticipates further transactions of this nature will be undertaken in the near future.

The Goldstone Resources interest will be held in the Company's Asset Trading division."

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

http://uk.advfn.com/stock-market/london/metal-tiger-MTR/share-news/Metal-Tiger-PLC-Strategic-Acquisition-Goldstone/71281280

banjomick - 29 Apr 2016 11:18 - 71 of 102

29 April 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")

STRATEGIC ACQUISITION - RED ROCK RESOURCES

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce a strategic investment totaling £225,000 in Red Rock Resources plc ("Red Rock")(AIM:RRR).

Highlights:

§ Investment of £125,000 in cash to acquire 29,761,904 Red Rock shares at 0.42p;

§ Metal Tiger to receive one warrant at 0.84p for each Red Rock share purchased at 0.42p in the placing (being 29,761,904 warrants in total), with a warrant life of 30 months;

§ Warrants subject to an accelerator whereby in the event that Red Rock shares trade in excess of a ten day vwap of 2.5p or more, the warrant holders, following notification, have 7 days to confirm a wish to exercise and a further 14 days to pay, otherwise the warrants will be cancelled;

§ Strategic share exchange ("Share Swap") whereby Metal Tiger invests a further £100,000 to acquire an additional 23,809,523 Red Rock Shares at 0.42p per share in exchange for a £100,000 of Metal Tiger shares, being 1,818,182 Metal Tiger shares at 5.5p each. Red Rock and Metal Tiger may not dispose of the other parties Share Swap shares for a period of three months without the other party's approval. The strategic share exchange is subject to both company auditors confirming the reasonableness of the transaction in line with proper commercial practice;

§ Following completion of the proposals outlined above, Metal Tiger will own 53,571,427 Red Rock shares representing 13.65% of Red Rock's issued share capital;

§ Metal Tiger has the right to appoint a Non-Executive Director to the Red Rock board at any time during the next 12 months.

Terry Grammer, Chairman of Metal Tiger commented "we are pleased to announce a further strategic investment, this time into Red Rock and utilising a combination of £125,000 cash and £100,000 of Metal Tiger shares under the proposed strategic share exchange. The Red Rock interest will be held in the Company's Asset Trading division.

The incoming cash and liquid shares will help revitalise Red Rock and we will be watching the developments announced by Red Rock with interest over the coming weeks and months."

Red Rock reported net assets of £7,947,094 as at 31 December 2015 and a loss for the year ended 30 June 2015 of £8,411,541.


Paul Johnson, Chief Executive Officer of Metal Tiger plc excluded himself from the decision to proceed with this acquisition being an existing holder of Red Rock shares.

The 1,818,182 new ordinary shares are expected to be admitted to trading on or around 6 May 2016. Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 520,995,443. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Metal Tiger following this allotment consists 520,995,443 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs. For the avoidance of doubt following the admission to trading on 11 May of the 22,222,218 shares issued as part of the £1 million placing announced on the 26 April 2016 there will be 543,217,661 ordinary shares with voting rights attached (one vote per share).

http://www.moneyam.com/action/news/showArticle?id=5331978

banjomick - 29 Apr 2016 12:37 - 72 of 102

This is the official Miningmaven recording of the MOD Resources at the Investor Presentation Evening Wednesday 20th April with slideshow:

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***********************************************
Copy of post 67 for the MTR presentation:

The live feed was posted last week and was there to view for a few days, this is the official Miningmaven recording of the Metal Tiger (MOD to follow?)Investor Presentation Evening Wednesday 20th April with slideshow this time:

youtube_logo_small_Cropped.jpg

banjomick - 29 Apr 2016 13:51 - 73 of 102

Metal Tiger makes strategic investment in Red Rock Resources PLC
12:30 29 Apr 2016

Metal Tiger PLC will stage an investment into resource group Red Rock Resources, which it says will help revitalise the latter.

757z468_BHP-Billiton-Newman_opt.jpg

Metal Tiger PLC (LON:MTR) will stage an investment into resource group Red Rock Resources (LON:RRR), which it says will help revitalise the latter.

In a placing, Metal has subscribed for around 29.7mln shares in Red Rock at 0.42p for £125,000. Overall, Red Rock raised gross £407,500, with the directors contributing £35,000. Red Rock shares surged over 18% today,

Metal Tiger will also receive one warrant with a life of 30 months at 0.84p for each Red Rock share purchased.

In addition, under a share swap deal, Metal Tiger will pump in a further £100,000 to acquire an additional 23.8mln Red Rock shares in exchange for £100,000 worth of Metal Tiger shares at 5.5p each.

Following this, Metal Tiger will own over 53.5mln Red Rock shares, or 13.65% of Red Rock's capital.

Red Rock reported net assets of around £7.9mln at the end of last year and a loss for the year to end June 2015 of over £8.4mln.

On the £407,500 placing, Andrew Bell, chairman of Red Rock Resources said it came at a key time and marks the point from which the potential for a sustained recovery in the natural resource sector and for Red Rock Resources becomes more visible.

"Our developing oil interests are designed to cover our day-to-day costs thus making Red Rock self-sufficient at a core level. Our oil revenues are projected to build steadily through 2016, at the same time as gold royalties build in the second half of 2016 and other income streams develop.

"Scheduled payments from last year's disposal of Colombian gold interests are expected to be a substantial contributor in the second half of 2016. A number of positive developments are being engineered within our existing interests and we are looking forward to reporting this progress across our existing portfolio in the near term.

He added: "We now have strategic financing support from Metal Tiger, who have expressed an interest in working with us to further improve our investment proposition and we expect to pass us new opportunities.

"We welcome this on-going support and will be working with the team at Metal Tiger to accelerate the growth within our business, and growth that adds value for investors."

In a separate statement, Terry Grammer, chairman at Metal Tiger added: "The incoming cash and liquid shares will help revitalise Red Rock and we will be watching the developments announced by Red Rock with interest over the coming weeks and months."

Giles Gwinnett


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banjomick - 29 Apr 2016 15:01 - 74 of 102

29 APRIL 2016

MOD RESOURCES LIMITED(ASX:MOD)

QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 31MARCH 2016

http://media.wix.com/ugd/a5d095_622150696ffe4facb15f67a75bc79984.pdf

banjomick - 30 Apr 2016 11:01 - 75 of 102

Link to the twitter feed for today's UK Investor Show

https://twitter.com/UKInvestorShow?ref_src=twsrc%5Etfw

banjomick - 03 May 2016 08:33 - 76 of 102

From the Master Investor Show Saturday 23rd April 2016:

Red Rock Resources | Rising Stars Stage

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info:

29 April 2016 STRATEGIC ACQUISITION - RED ROCK RESOURCES

banjomick - 03 May 2016 09:02 - 77 of 102

From the Master Investor Show Saturday 23rd April 2016:

Metal Tiger | Rising Stars Stage

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banjomick - 03 May 2016 09:28 - 78 of 102

MiningMaven Podcast No 20 with Gervaise Heddle author of The Money Enigma
35 minutes ago

In today's Podcast Gervaise Heddle, author of The Money Enigma http://www.themoneyenigma.com/ joins us on the line from Australia having just returned from his trip to London after attending the latest MiningMaven Investor Events.

In this Podcast we discuss the visible strengthening in commodities and mining exploration stocks and Gervaise then gives listeners his take on the MiningMaven Investor Events he attended.

We then discuss the latest developments with the companies we are invested in and following closely; notably Metal Tiger (LON:MTR), MOD Resources (ASX:MOD) Ariana Resources (LON:AAU), Dakota Minerals (ASX:DKO) Asiamet Resources (LON:ARS), and Eurasia Mining (LON:EUA).

c

banjomick - 03 May 2016 15:03 - 79 of 102

***Will split this into separate posts***

3 MAY 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")

QUARTERLY ACTIVITIES REPORT



Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce its first Quarterly Activities Report ("QAR" or the "Report") covering the period from January to March 2016, and subsequent material activities.

The Report was introduced in Metal Tiger's Strategic and Operational Update announced to market on 25th February 2016 and will align Metal Tiger with the normal reporting practices in established resource markets such as the ASX and TSX.

Highlights:


§ Botswanan exploration licences (30% interest held by Metal Tiger) secured and early drilling success points to a substantial mineralised system. Drilling accelerated, three rigs now operating and regular assay newsflow will be provided to market;

§ Thailand activities (90% interest held by Metal Tiger) advanced significantly with acquisition of extensive interests from South East Asia Mining Corp ("SEA") and a Standstill Agreement signed pending a Joint Venture Agreement to bring two high grade silver-lead-zinc mines back into production;

§ Spanish JV (50% interest held by Metal Tiger) concluded first season exploration programme with significant tungsten and gold mineralization identified. Negotiations concluding for 2016 tungsten programme and the acquisition of additional gold interests;

§ Russian Tailings - option exercised to participate equally with Eurasia Mining in the Semenovsky Tailings Project gold production opportunity and work is continuing to move this project rapidly forward;

§ Asset Trading - division investing actively with material financial gains secured during January to April period. Active investment programme underway to acquire additional interests across the resource sector before the market emerges fully from the cyclical lows. The Board believes opportunity exists to substantially build the working capital position of the Company without equity dilution.

§ Strong working capital - conversion of warrants, director investment in Company shares, placings (at 2.75p and 4.5p) and gains on the Asset Trading portfolio have built working capital to in excess of £4.5m (this figure includes cash and liquid shares owned by the Company) at the date of this report.



Paul Johnson Chief Executive Office of Metal Tiger said "2016 to date has been one of the most important and value generative periods in the life of Metal Tiger. Across all material areas of our business we have made tremendous progress.

We aim to build Metal Tiger into a substantial precious and strategic metals investing company and so far we have made very good progress. This aim is achievable by the acquisition of interests in very high potential mineral projects on the ground, where we can add our financing strength to support exceptional JV operating partners.

All the Metal Tiger team are working very hard, in London or in the various jurisdictions where our JV partners operate and I would like to thank the team for their commitment.

I would also like to thank our shareholders for their support of Metal Tiger over what is approaching a two-year period of investing operations. We now sit in a recovering natural resource market, with a diverse and highly attractive portfolio of interests where we aim to generate value, crystallise gains and at appropriate junctures distribute substantial value to shareholders."

http://www.moneyam.com/action/news/showArticle?id=5333946

banjomick - 03 May 2016 15:04 - 80 of 102

Botswana - Copper/Silver

Metal Tiger announced on 10th November 2015 the acquisition of a 30% interest in 14 licences covering 6,300km2 in the Kalahari Copper Belt in Joint Venture ("JV") with 70% partner MOD Resources (ASX:MOD). This signalled the conclusion of many months due diligence involving the administrators and regulatory authorities. It also signalled a further phase of work planning and licence transfer approvals culminating in final ministerial sign off for licence transfers announced on 11th February 2016.

Commencement of the JV partners first drill campaign was announced on 17th February 2016 and over the period to mid-April a regular flow of news has been provided to market. Notwithstanding that this was the first drilling campaign, logging of the core has demonstrated significant copper mineralisation and the receipt of the first Reverse Circulation ("RC") assay results has confirmed significant copper/silver grades.

Whilst we are in the early stage of building drill assay data, and readers should take care with interpreting individual results, we were delighted to announce on 14th April 2016 that drill hole MO-G-12R (Target 3) interested 52metres @ 2.0% copper from 78m down hole depth, including 12m @ 2.7% copper & 42.7 grams per tonne of silver from 87m down hole depth, and 14m @ 3.37% copper & 72.7 g/t of silver from 116m down hole depth. Other results received and announced have demonstrated extensive copper/silver mineralisation and the JV partners have uncovered what appears to be a large near surface and shallow dipping mineralised system.

The potential of the results uncovered to date mean the JV partners had to move quickly and ramp up drilling and we now have three drill rigs active in Botswana, one RC and two diamond rigs.

Acknowledging that we previously had a backlog of samples awaiting laboratory analysis, sample logistics have been improved and we now expect a regular and frequent flow of assay results which will be interpreted and released to market in a timely manner.

The JV partners have received various expressions of interest in the project and the findings to date, from various third parties. We engage as appropriate, however at this point the main drive of the JV partners is to further accelerate drilling and build a dataset that helps us to fully understand the scale and potential of this project.

http://www.moneyam.com/action/news/showArticle?id=5333946
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