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IN BRIEF: Metal Tiger shares jump on significant copper intersection

27th Jul 2022 11:46

Metal Tiger PLC - Winchester, England-based investment company focused on the natural resources sector - Notes Australian mineral exploration company Cobre announced the first intersection of significant copper mineralisation though the drill programme on the Ngami copper project in Botswana. Says the drill hole NCP07 intersected a broad zone of copper mineralisation starting from 214 meters and continuing for roughly 59 meters downhole to 273 meters.

The project is owned by Kalahari Metals Ltd. Metal Tiger holds a 21% interest in Cobre and a 62% stake in its peer KML. Cobre holds the remaining stake in KML.

Current stock price: 16.00 pence, up 14% on Wednesday

12-month change: down 33%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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