METAL TIGER PLC: Cobre -- Quarterly Activities Report
July 31 2020 - 6:38AM
UK Regulatory
TIDMMTR
31 July 2020
Metal Tiger plc
("Metal Tiger" or the "Company")
Cobre -- Quarterly Activities Report
Metal Tiger plc (AIM: MTR), the London Stock Exchange AIM listed
investor in natural resource opportunities, is pleased to announce
that Cobre Limited (ASX: CBE) ("Cobre"), in which Metal Tiger owns
a c.18.8% interest, has published a Quarterly Activities Report for
the Quarter ended 30 June 2020 and cashflow statement.
Cobre's full Quarterly Activities Report and cashflow statement
can be found below:
https://www.asx.com.au/asxpdf/20200731/pdf/44l24bpsnqcdhd.pdf -
Quarterly Activities Report
https://www.asx.com.au/asxpdf/20200731/pdf/44l244kknv4310.pdf -
Cashflow Statement
Michael McNeilly, Chief Executive Officer of Metal Tiger,
commented:
"This has been a strong quarter for Cobre with drilling
continuing across the Perrinvale Project demonstrating significant
high-grade copper gold results.
"Results from the Schwabe prospect have been particularly
exciting for Metal Tiger, following the drilling campaign
confirming the presence of VHMS mineralisation at the Schwabe
prospect as well as indicative results of further mineralisation to
the North and South of the prospect. We eagerly await the further
assay results from the ongoing drilling campaign and look forward
to updating shareholders in the near future."
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 Strand Hanson Limited (Nominated Tel +44 (0)20 7409 3494
James Dance Adviser)
Jack Botros
Paul Shackleton Arden Partners plc (Broker) Tel: +44 (0)20 7614 5900
Steve Douglas
Gordon Poole Camarco (Financial PR) Tel: +44 (0)20 3757 4980
James Crothers
Hugo Liddy
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/20200731005220/en/
CONTACT:
Metal Tiger plc
SOURCE: Metal Tiger plc
Copyright Business Wire 2020
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