Metal Tiger builds its portfolio across wide range of projects

Metal Tiger PLC is an investment company focussed on the natural resources sector.

The company focuses on project investments, equity investments and holds a small portfolio of royalties.

(, , ) welcomed a quarterly update from () as its investee continued to focus on its diverse project portfolio in Australia and its investments in Botswana and Gabon.

Metal Tiger currently has a 16.6% stake in ASX-listed Cobre.

Last week, Metal Tiger said the next phase of drilling has started at the Endurance prospect of Kalahari Metals Ltd’s Kitlanya East project in the Botswana Kalahari Copper Belt. Metal Tiger holds a 50.01% interest in Kalahari Metals, with Cobre holding the remainder.

READ: Metal Tiger says next drilling phase started at Kalahari Metals Ltd’s Endurance prospect

(, , ) said the next phase of drilling has started at the Endurance prospect of Kalahari Metals Ltd’s Kitlanya East project in the Botswana Kalahari Copper Belt.

Two diamond drill rigs will test seven priority targets identified in the previous round of reverse circulation and diamond core drilling. Eight priority holes will be drilled, totalling approximately 2,350 metres.

(, , ) announced that five of the 11 holes drilled at the Botswana Kalahari Copper Belt have returned significant sulphide intersections.

The miner found hydrothermal pyrite-pyrrhotite sulphide mineralisation along with trace base metal sulphides, alteration and quartz-carbonate veining indicating the existence of an active mineralised hydrothermal system.

(, , )’s () Michael McNeilly updates on developments across the portfolio and the news that five of the 11 holes drilled at the Botswana Kalahari Copper Belt have returned significant sulphide intersections.

The miner found hydrothermal pyrite-pyrrhotite sulphide mineralisation along with trace base metal sulphides, alteration and quartz-carbonate veining indicating the existence of an active mineralised hydrothermal system.

Metal Tiger owns 50.01% of the project, with the rest held by Cobre Limited.