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Appointment of Senior Technical and Geological Adviser

23 Jun 2020 10:59

 

23 June 2020

Metal Tiger plc

("Metal Tiger" or the "Company")

Appointment of Senior Technical and Geological Adviser

Metal Tiger plc (AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to announce the appointment of David Royle as senior technical and geological adviser.

David Royle has 46 years’ of international experience in over 40 countries across all aspects of mineral exploration and project feasibility with extensive leadership experience at a senior management level. His previous senior positions include: Business Unit Manager, Asia-Pacific for Eurasian Minerals Inc; Vice President Exploration and Business Development, East Asia Minerals Corp; Managing Director, Kentor Gold Ltd; General Manager Project Generation, MIM Exploration Pty Ltd; General Manager Exploration, Latin America, MIM International Pty Ltd; and Exploration Manager Americas, Newcrest Mining Limited.

David has had regional responsibility for corporate exploration programmes with portfolios targeting mainly gold and copper. David has proven skills in the ability to identify, quickly evaluate, prioritise and select high potential projects for acquisition and has intimate knowledge of ore deposits and their geological settings especially precious and base metal systems.

He has managed and run exploration teams over a diverse range of geographic and cultural environments which have led to the discovery of several major gold and base metal deposits in the Pacific Rim including: Tolukuma, PNG (Au); Cerro Negro, Argentina (Au); Rio Blanco, Peru (Cu-Mo); Pierina, Peru (Au-Ag); as well as O’Callaghans (WCu-Zn-Pb) and Telfer gold alluvials, Western Australia (Au). In addition, he oversaw the substantial expansion of mineral resources and reserves at the Telfer gold mine.

For the past eight years, David has run his own geology consultancy and is a Fellow of the Australasian Institute of Mining and Metallurgy, CP (Chartered Professional).

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

“I am very pleased to welcome David Royle as senior technical and geological adviser to the Company. The team looks forward to working with him and believes that his vast knowledge and broad deposit type and jurisdictional experience will add tremendous value both with regard to managing existing investments and with the assessment and due diligence of potential new investments.”

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

Enquiries:

Michael McNeilly

(Chief Executive Officer)

Tel: +44 (0)20 7099 0738

Mark Potter

(Chief Investment Officer)

 

Richard Tulloch

James Dance

Jack Botros

Strand Hanson Limited (Nominated Adviser)

Tel +44 (0)20 7409 3494

Paul Shackleton

Steve Douglas

Arden Partners plc (Broker)

Tel: +44 (0)20 7614 5900

Gordon Poole

James Crothers

Hugo Liddy

Camarco (Financial PR)

Tel: +44 (0)20 3757 4980

Notes to Editors:

Metal Tiger PLC is admitted to the AIM market of the London Stock Exchange AIM Market ("AIM") with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.

The Company's target is to deliver a high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector. Metal Tiger has two investment divisions: Equity Investments and Project Investments.

Equity Investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its interest in Sandfire Resources Limited (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO. Through the trading of equities and warrants, Metal Tiger seeks to generate cash for investment for the Project Investments division.

Project Investments is focused on the development of its key project interests in Botswana, where Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt through its interest in Kalahari Metals Limited.

The Company actively assesses new investment opportunities on an on-going basis and has access to a diverse pipeline of new opportunities in the natural resources and mining sectors. For pipeline opportunities deemed sufficiently attractive, Metal Tiger may invest in the project or entity by buying publicly listed shares, by financing privately and/or by entering into a joint venture.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200623005454/en/

Copyright Business Wire 2020

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