Friday 23 September 2016

Metal Tiger plc UK Regulatory Announcement: Botswana T3 Resource Generation Update

Botswana T3 Resource Generation Update

Metal Tiger Plc

("Metal Tiger" or the "Company")

Botswana T3 Resource Generation Update

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to advise that MOD Resources (ASX:MOD) the Company’s Joint Venture partner in Botswana has entered into a trading halt on the ASX until 26 September 2016 pending the release of the maiden JORC compliant resource for the T3 target in the Kalahari Copper Belt.
The trading halt temporarily suspends trading in the shares of MOD resources whilst the company processes price sensitive news and prepares relevant market announcements, in this case in respect of the T3 JORC compliant maiden resource. Following release of the price sensitive news, MOD resources will resume trading on the ASX.
The shares of Metal Tiger will however continue to trade on the AIM market in London and the Board of the Company look forward to releasing details of the T3 maiden resource statement very shortly.
For further information on the Company, visit: www.metaltigerplc.com:
Paul Johnson (Chief Executive Officer)  Tel: +44 (0)7766 465 617
Terry Grammer (Non- Executive Chairman)Tel: +44 (0)207 099 0738
Sean Wyndham-Quin
Neil Baldwin
Nick Emerson
Andy Thacker
Spark Advisory Partners Limited
(Nominated Adviser)
SI Capital
(Sole Broker)
Tel: +44 (0) 2033 683 555

Tel: +44 (0) 1483 413 500
Notes to Editors:
Metal Tiger plc is listed on the London Stock Exchange AIM Market (“AIM”) with the trading code MTR and invests in high potential mineral projects with a precious and strategic metals focus.
The Company’s target is to deliver a very high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector timed to coincide, where possible, with a cyclical recovery in the exploration and mining markets. The Company’s key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals.
Metal Tiger’s Metal Projects Division is focused on the development of its key project interests in Botswana, Spain and Thailand. In Botswana Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt. In Spain Metal Tiger the Company has tungsten and gold interests in the highly mineralised Extremadura region. In Thailand Metal Tiger has expanding interests over licences, applications and critical historical data covering antimony, copper, gold, silver, lead and zinc opportunities.
The Company has access to a diverse pipeline of new opportunities focused on the natural resource sector including physical resource projects, new natural resource centred technologies and resource sector related fintech opportunities. Pipeline projects deemed commercially viable may be undertaken by Metal Tiger or by an ISDX or AIM partner with whom the Company is engaged.
Metal Tiger also has an Asset Trading Division that holds various financial instruments for trading purposes including equities, warrants and royalty income. The aim of the division is to generate profits to reinvest into the Company’s project based activities.
Short Name: Metal Tiger plc
Category Code: MSCH
Sequence Number: 549951
Time of Receipt (offset from UTC): 20160922T093210+0100

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Metal Tiger plc

Mount Burgess Mining NL to target additional zinc resources in Botswana - Proactiveinvestors (AU)

Mount Burgess Mining NL to target additional zinc resources in Botswana


Mount Burgess Mining NL (ASX:MTB) has commissioned an exploration drilling program across the Kihabe Zinc Project in Botswana near the Namibian Border.



The 1200 metres drilling program will focus on additional zinc anomalies within the vicinity of the Kihabe and Nxuu zinc/lead deposits.



The Kihabe and Nxuu deposits have a combined resource of 25 million tonnes grading 3% zinc equivalent.



The new program will primarily focus on Target 52, a geochemical soil anomaly identified 2 kilometres southeast of the Nxuu deposit.



Significantly, the geochemical results suggest a possible mineralised strike length of 5+ kilometres, which is more than double that of the combined strike lengths of the Kihabe and Nxuu deposits.



Mount Burgess’ Kihabe Zinc Project has mineralisation occurring from 5 metres to 175 metres below the surface and, as such, could potentially be mined by means of open pit mining methods.



Metallurgical test work has generated zinc recoveries of greater than 90% and zinc and lead concentrates of good marketable grade.



Importantly, zinc is the best performing base metal so far this year and measured from its six-year low struck mid-January, zinc price has increased 58% to $2,336 a tonne earlier this month.



The new drilling program is anticipated to commence in mid-October 2016.



Mount Burgess’ share price has doubled since the beginning of 2016, last trading at $0.01

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