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IN BRIEF: Metal Tiger notes positive assay results from investee Cobre

5th Dec 2022 16:57

Metal Tiger PLC - AIM-listed investor in natural resource opportunities - Says that Cobre Ltd has announced that assay results from discovery hole NCP20A at the Comet Target at the Ngami Copper Project in Botswana have returned significant, high-grade copper-silver results. Metal Tiger says this demonstrates the potential for economic grades in the district. Assay results confirm visual copper mineralisation estimates, with grades averaging 1.25% copper and 17 grams per tonne of silver.

Metal Tiger holds around a 21% stake in Cobre.

Current stock price: 11.92 pence, up 5.0% in London on Monday afternoon

12-month change: down 43%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to [email protected]

Copyright 2022 Alliance News Ltd. All Rights Reserved.


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