Metal Tiger PLC Gold Production Opportunity - update
August 31 2016 - 4:28AM
RNS Non-Regulatory
TIDMMTR
Metal Tiger PLC
31 August 2016
Metal Tiger Plc
31 August 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")
GOLD PRODUCTION OPPORTUNITY - UPDATE
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed
investor in strategic natural resource projects is pleased to
highlight the announcement released today by our joint venture
partners Eurasia Mining (LON:EUA) in respect of the Semenovsky
Tailings gold production opportunity.
The announcement confirms an extension to the exclusivity period
in respect of this project until 15 November 2016 and confirmation
of approved reserves totalling 2.99 million tonnes of ore grading
1.18 grams/tonne ("g/t") of gold and 16.44 g/t of silver, which
contained metal calculated as 3.5 tonnes of gold and 49.3 tonnes of
silver.
The announcement can be viewed through the following link:
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/EUA/12948304.html
For further information on the Company, visit:
www.metaltigerplc.com:
Paul Johnson Tel: +44 (0)7766
(Chief Executive 465 617
Officer)
Terry Grammer Tel: +44 (0)207
(Non- Executive 099 0738
Chairman)
Sean Wyndham-Quin Spark Advisory Partners Tel: +44 (0) 2033
Neil Baldwin Limited 683 555
Nick Emerson (Nominated Adviser) www.sparkadvisorypartners.com
Andy Thacker SI Capital Tel: +44 (0) 1483
(Sole Broker) 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
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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