Visitors Now:
Total Visits:
Total Stories:
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Metal Tiger quarterlies highlight progress in Botswana and Thailand

Tuesday, November 1, 2016 5:25
% of readers think this story is Fact. Add your two cents.

(Before It's News)

In a quarterly update to market that coincided with the company’s annual meeting, Metal Tiger PLC (LON:MTR) expressed its condolences to the people of Thailand on the passing of the king, Bhumibol Adulyadej in mid-October.

Metal Tiger is rare among junior miners in having significant interest in Thailand, and it seems to have made a good fist of moving its deal on the Boh Yai and Song Toh silver-lead-zinc mines forwards, and permitting work and mine restoration planning is now underway.

In a preliminary economic assessment completed in 2013 by the well-known consultant ACA Howe, the Thai properties were given a net present value of US$75.9 mln.

Exploration is also continuing elsewhere in the country.

Meanwhile, progress at the 30%-owned copper project in Botswana has also continued, with the release of a new JORC resource back in September. This showed 28.36 mln tonnes at 1.24% copper and 15.7 grams per tonne silver.

The company has now appointed a full time chief financial officer, and Alex Borelli has been installed as chief executive, following Paul Johnson’s sideways move into a role more focussed on trading, project generation and investor relations.

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/168337/metal-tiger-quarterlies-highlight-progress-in-botswana-and-thailand-168337.html

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.