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IN BRIEF: Metal Tiger notes Cobre begins drilling in Botswana

ALN

Metal Tiger PLC - Winchester, England-based investment company focused on the natural resources sector - Notes Cobre Ltd, in which it holds a 21% stake, begins stage 1 infill diamond drilling at the Ngami Copper project and Kitlanya West project.

‘Having established the occurrence of significant concentrations of copper mineralisation at NCP, Cobre can now focus on testing the extent and continuity of drill confirmed mineralisation with the aim to unlock a potential new copper deposit. In parallel, Cobre is developing additional targets using the same technical method to vector in and open up the district-scale opportunities of the Kalahari Copper Belt,’ the firm says.

Current stock price: 17.50 pence

12-month change: down 36%

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