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Metal Tiger looking to expand Spain operations

Tue, 05th Apr 2016 14:19

(ShareCast News) - Metal Tiger reported positive test results from its Spanish joint venture operation on Tuesday, and announced it was embarking on a quest to buy into another project showing equally promising possibilities.The AIM-traded natural resources investing company says alteration mapping, and infill soil and outcrop sampling had delineated a new gold target area called El Seranillo North, at the Logrosán Gold and Tungsten joint venture.It also reported that at its joint venture partners' 100%-owned Maria Project, the first batch of assay results from the Metal Tiger due diligence drilling confirmed hard rock gold and antimony mineralisation.Metal Tiger's board was in advanced discussions to secure an interest in Maria, and agreed an extension of the previously-announced standstill agreement with Logrosán JV partner Mineral Exploration Network to 18 April 2016.The board was also to pay a share bonus of 1.45 million new ordinary shares at 5.35p per ordinary share to the field team at the Spanish joint venture.It amounted to a team bonus of £77,750 and was to be shared by seven team members, to reflect what the board described as a year of intensive work and extremely positive exploration success creating a platform for the company to build its Spanish interests in 2016."Once again we have reason to celebrate the results of exploration work from our Spanish interests," said CEO Paul Johnson."The identification of an additional gold target at Logrosán is particularly significant for that project and we will investigate this proactively in 2016," he added.Johnson said the company had seen "tremendous success" to date from its Spanish interests, seeing the commitment of the team and impressive intensity of work on the licences through regular feedback and visits."We very much look forward to providing further updates from Spain including, if negotiations conclude successfully, further details with regard to acquisition of an interest in the Maria Project for Metal Tiger shareholders."

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15 May 2018 15:06

Metal Tiger Notes Start Of Drilling Campaign At T3 Dome Complex

LONDON (Alliance News) - Natural resources investor Metal Tiger PLC said on Tuesday the major drilling campaign at the T3 Dome complex in Kalahari copper belt in Botswana has started, following of

19 Mar 2018 11:20

Metal Tiger Raises Stake In MOD Resources To 6% After Further Buy (ALLISS)

LONDON (Alliance News) - Natural resources investor Metal Tiger PLC said Thursday it invested a further GBP36,500 in joint venture partner MOD Resources Ltd in

15 Mar 2018 13:18

Metal Tiger Raises Stake In MOD Resources To 6.0% In Further Buys (ALLISS)

LONDON (Alliance News) - Natural resources investor Metal Tiger PLC said Thursday it invested a further GBP86,400 in joint venture partner MOD Resources Ltd in

12 Mar 2018 12:10

Metal Tiger Raises Stake In MOD Resources To 5.9% After Placing (ALLISS)

LONDON (Alliance News) - Natural resources investor Metal Tiger PLC said Monday it invested a further GBP611,000 in joint venture partner MOD Resources Tiger in

17 Feb 2017 12:02

Metal Tiger confirms exciting new mineralisation zone in Botswana

(ShareCast News) - Shares in Metal Tiger are down more than 16% despite it confirming the discovery of an "exciting new zone of mineralisation" beneath the T3 Resource, in Botswana's Kalahari Copper Belt. "We think that this new discovery has the potential to significantly improve the dynamics and e

10 Feb 2017 08:51

Metal Tiger continues building Thai joint venture

(ShareCast News) - Natural resources investing company Metal Tiger updated the market on progress at its Thailand joint venture on Friday, saying the mine plan was "substantially complete", and the update of the Resource was progressing at pace with the team working to a tight deadline. The AIM-trad

10 Jan 2017 15:36

Metal Tiger upbeat on progress in Botswana

(ShareCast News) - Strategic natural resource investor Metal Tiger updated the market on Tuesday, on its joint venture project with ASX-traded partners MOD Resources in the Kalahari Copper Belt in Botswana. The AIM-traded firm said the T3 deposit pre-feasibility study work had started, with drilling

5 Jan 2017 08:01

Metal Tiger appoints Alastair Middleton to chief technical role

(ShareCast News) - Natural resources investing company Metal Tiger announced the appointment of Alastair Middleton as its technical director on Thursday, with immediate effect. The AIM-traded firm described him as a mining industry executive with more than 27 years of international experience in b

30 Dec 2016 07:39

Metal Tiger Issues 7.5 Million Shares For Professional Services (ALLISS)

13 Dec 2016 17:54

Metal Tiger Raises GBP1.6 Million In Share Placing And Subscription (ALLISS)

12 Dec 2016 08:28

Metal Tiger upbeat on progress at Logrosan venture

(ShareCast News) - Natural resources investing company Metal Tiger provided an update on the drilling and exploration progress at the Logrosan Minerals joint venture in Extremadura, Spain on Monday. The AIM-traded firm said the Logrosan Minerals venture was targeting gold and antimony at the Maria P

9 Dec 2016 08:42

Metal Tiger increases license area over Kalahari Copper Belt

(ShareCast News) - Metal Tiger (MTR), an AIM listed investor in strategic natural resource opportunities has secured 10 license extensions and acquired two new concessions for its joint venture (JV) project with MOD Resources in the Kalahari Copper Belt in Botswana. Two-year licence extensions ha

5 Dec 2016 09:31

Metal Tiger Names New CEO And Chairman As Paul Johnson Rejoins Board

28 Nov 2016 12:05

Metal Tiger turns down offer from BMR

(ShareCast News) - Metal Tiger, an AIM listed natural resources focused investing company, announced that it had received an indicative offer from Berkeley Mineral Resources (BMR) Group. BMR, a mining company that processes Lead and Zinc at Kabwe Mine in Zambia, has offered 0.231 of its shares for e

28 Nov 2016 10:35

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