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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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14 Nov 2016 11:09

Metal Tiger notes schedule-beating progress in Botswana

(ShareCast News) - Strategic natural resources investor Metal Tiger noted the MOD Resources announcement with regard to their joint venture at the Kalahari Copper Belt in Botswana on Monday. The AIM-traded firm has a 30% stake, alongside MOD's 70% stake in the project. MOD announced that it expects

10 Nov 2016 09:47

Metal Tiger And Greatland Gold Agree Australian Co-Operation

28 Oct 2016 14:20

Metal Tiger says testing for extensions underway in Botswana

(ShareCast News) - Investor in strategic natural resource opportunities Metal Tiger updated the market on Friday, with regard to the exploration programme at its joint venture project with partners MOD Resources in the Kalahari Copper Belt in Botswana. The AIM-traded firm said the potential for exte

10 Oct 2016 08:35

Metal Tiger undergoes serious restructure, announces new CEO

(ShareCast News) - Strategic natural resource investing company Metal Tiger announced an update on Monday, over its strategic plans and an associated board restructuring. The AIM-traded firm said its core strategic plan is centred around the acquisition of high potential mineral exploration and deve

10 Oct 2016 08:26

UPDATE: Metal Tiger Progresses Review, Looks At Cost Of T3 Discovery

4 Oct 2016 10:35

Metal Tiger shares fall on Botswana test results

(ShareCast News) - Strategic natural resources investing company Metal Tiger updated the market on Tuesday, over the exploration programme at its joint venture project with MOD Resources in the Kalahari Copper Belt in Botswana. The AIM-traded firm said preliminary metallurgical testwork results had

22 Sep 2016 09:57

Metal Tiger Ups Stake In "Oversold" Greatland Gold (ALLISS)

24 Aug 2016 12:08

Metal Tiger increases shareholding in Red Rock Resources

(ShareCast News) - Mineral project investor Metal Tiger has increased its shareholding in gold and iron ore explorer Red Rock Resources in a bid to capitalise on the recovering resource sector. Metal Tiger agreed to pay £100,000 to subscribe for 25m of the total 75m new ordinary shares issued by

22 Aug 2016 13:24

Metal Tiger notes intersections at Kalahari Copper Belt

(ShareCast News) - Metal Tiger said latest drill-programme results from its Kalahari Copper Belt joint venture in Botswana continue to show wide intersections of mineralisation, up to 42m in hole MO-G-28D. Chief executive Paul Johnston said that as the drilling element of the work was almost over, a

17 Aug 2016 15:38

Metal Tiger raises £1.1m in placing and subscription

(ShareCast News) - Strategic natural resource investor Metal Tiger advised the market on Wednesday that it has raised £1.1m through a placing and subscription of shares. The AIM-traded company said the placing and subscription of 28,571,428 new ordinary shares in Metal Tiger was at a subscription pr

15 Aug 2016 10:41

Metal Tiger posts promising copper data from Kalahari

(ShareCast News) - Strategic natural resource opportunities investor Metal Tiger updated the market on Monday, over the regional exploration results at its joint venture project with MOD Resources in Botswana's Kalahari Copper Belt. The AIM-traded firm said T2 - the first of the new copper anomalies

12 Aug 2016 15:50

Metal Tiger reports return of 625% on MOD Resources

(ShareCast News) - Strategic natural resources investor Metal Tiger announced an update on its investment in MOD Resources on Friday. The AIM-traded company currently holds 67,833,333 shares in the ASX-listed MOD, valued at present at AUD 3.26m based on Friday's closing price in Sydney of AUD 0.048.

19 Jul 2016 09:43

Metal Tiger Increases Stake In Joint Venture Partner MOD Resources

13 Jul 2016 09:37

Metal Tiger Botswana copper venture increases in potential

(ShareCast News) - Metal Tiger said the potential for its Botswana joint venture to hold copper deposits had increased further after recent drilling tests. The company said soil sampling had found copper anomalies at several target areas. Metal Tiger chief executive Paul Johnson said the company's

13 Jul 2016 09:22

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