logo-loader
Metal Tiger Plc

Metal Tiger receives licence confirmations for Botswana joint venture

Tshukudu was formed as the result of a re-jigging of the relationship with MOD Resources

copper wire
Joint venture will explore for copper

Tshukudu Exploration, Metal Tiger LImited’s (LON:MTR) new joint venture in the Kalahari Copper Belt in Botswana has had all of its exploration licences renewed.

A new prospecting licence has also been awarded to the joint venture.

READ: Metal Tiger jumps as prospecting licences extended in Botswana

Tshukudu was formed as the result of a re-jigging of the relationship with MOD Resources PLC (LON:MOD).

Metal Tiger now owns 30% of Tshukudu and a 12.5% direct stake in MOD, which is separately developing the T3 copper mine and owns 70% of Tshukudu.

Michael McNeilly, Metal Tiger’s chief executive, said: “These extensions, together with the new prospecting licence, secure title over a very prospective tract of the Kalahari Copper Belt, including the Central Structural Corridor which is yielding some very exciting targets and offers the potential of new copper deposit discoveries.”

Quick facts: Metal Tiger Plc

Price: £0.01

Market: AIM
Market Cap: £18.18 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Metal Tiger Plc named herein, including the promotion by the Company of Metal Tiger Plc in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Metal Tiger PLC is well funded with interesting projects and looking for more

Metal Tiger Plc (LON-MTR) CEO Michael McNeilly and Director Terry Grammer sat down with Steve Darling from Proactive Vancouver to discuss their portfolio of resource investments.  The London-based team also talked about their current trip to Canada and the possibility of adding more...

3 weeks ago

2 min read