Metal Tiger PLC Gold Production Opportunity - update

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Metal Tiger PLC

31 August 2016

Metal Tiger Plc

31 August 2016

Metal Tiger Plc

("Metal Tiger" or the "Company")

GOLD PRODUCTION OPPORTUNITY - UPDATE

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to highlight the announcement released today by our joint venture partners Eurasia Mining (LON:EUA) in respect of the Semenovsky Tailings gold production opportunity.

The announcement confirms an extension to the exclusivity period in respect of this project until 15 November 2016 and confirmation of approved reserves totalling 2.99 million tonnes of ore grading 1.18 grams/tonne ("g/t") of gold and 16.44 g/t of silver, which contained metal calculated as 3.5 tonnes of gold and 49.3 tonnes of silver.

The announcement can be viewed through the following link:

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/EUA/12948304.html

For further information on the Company, visit: www.metaltigerplc.com:

 
 Paul Johnson                                  Tel: [phone] 
  (Chief Executive                              465 617 
  Officer) 
 Terry Grammer                                 Tel: +44 (0)207 
  (Non- Executive                               099 0738 
  Chairman) 
 Sean Wyndham-Quin   Spark Advisory Partners   Tel: [phone] 
  Neil Baldwin        Limited                   683 555 
  Nick Emerson        (Nominated Adviser)       www.sparkadvisorypartners.com 
  Andy Thacker        SI Capital                Tel: [phone] 
                      (Sole Broker)             413 500 
 

Notes to Editors:

Metal Tiger plc is listed on the London Stock Exchange AIM Market ("AIM") with the trading code MTR and invests in high potential mineral projects with a precious and strategic metals focus.

The Company's target is to deliver a very high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector timed to coincide, where possible, with a cyclical recovery in the exploration and mining markets. The Company's key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals.

Metal Tiger's Metal Projects Division is focused on the development of its key project interests in Botswana, Spain and Thailand. In Botswana Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt. In Spain the Company has tungsten and gold interests in the highly mineralised Extremadura region. In Thailand Metal Tiger has expanding interests over licences, applications and critical historical data covering antimony, copper, gold, silver, lead and zinc opportunities.

The Company has access to a diverse pipeline of new opportunities focused on the natural resource sector including physical resource projects, new natural resource centred technologies and resource sector related fintech opportunities. Pipeline projects deemed commercially viable may be undertaken by Metal Tiger or by an ISDX or AIM partner with whom the Company is engaged.

Metal Tiger also has an Asset Trading Division that holds various financial instruments for trading purposes including equities, warrants and royalty income. The aim of the division is to generate profits to reinvest into the Company's project based activities.

This information is provided by RNS

The company news service from the London Stock Exchange

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August 31, 2016 04:28 ET (08:28 GMT)