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Metal Tiger Plc

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Summary

Project:

T3

Deposit:T3
Location:Botswana
Commodities:Copper-Silver
Date:9/19/2016
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:19-9-2016: Metal Tiger Plc announces an Exploration/Drilling Update report for its T3 deposit at the T3 project. JV with MOD Resources - drilling results incl. 23.0m @ 1.2% Cu, 22g/t Ag from 275.0m. Metal Tiger plc (LON:MTR) the London Stock Exchange AIM
Resources:x
CP/QP:[Overall Report]: Nick O'Reilly (Mining Analyst Consulting Ltd.)
ABSTRACT:Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update with regard to the exploration programme at the Company’s Joint Venture (“JV”) project with partners MOD Resources (ASX:MOD) in the Kalahari Copper Belt in Botswana (70% MOD Resources / 30% Metal Tiger). Technical highlights in respect of progress on the Target 3 (T3) Prospect, Phase 1 Resource Diamond Drilling Programme (the “Resource Programme”) are provided below. Paul Johnson Chief Executive Officer of Metal Tiger commented: “Whilst the maiden mineral resource estimate remains on schedule to be completed by the end of this month, preliminary grade contouring of the assay data shows a high-grade core extends over 500m in the southern-central part of the resource area. Further encouragement is provided by the most recent deep drilling results, outlined below, which confirm the copper mineralisation remains open down-dip to the north, as well as to the east of the current resource drilling. As we progress to infill drilling on the high-grade core of the deposit, and make good progress with the T3 scoping study, we are pleased to note the interest shown by the Botswana Department of Mines who recently conducted a site visit and reviewed the joint venture’s exploration and development appraisal plans.”

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