Guardian Stockbrokers posted a squawk about MTR
11:15
16 Jul
Metal Tiger Plc (MTR.L) Announced an update regarding the Company’s Joint Venture project with partner MOD Resources Limited in the Kalahari Copper Belt in Botswana.
The company is delighted to report that a Resource re-classification review has resulted in a substantial increase of contained copper in the, higher confidence, Indicated category.
The project’s technical team consider that the Resource upgrade may well support an increase in the design throughput of the planned T3 processing plant, and that there is now the potential that the Feasibility Study Ore Reserve could significantly exceed the Ore Reserve used in the PFS.
The company is delighted to report that a Resource re-classification review has resulted in a substantial increase of contained copper in the, higher confidence, Indicated category.
The project’s technical team consider that the Resource upgrade may well support an increase in the design throughput of the planned T3 processing plant, and that there is now the potential that the Feasibility Study Ore Reserve could significantly exceed the Ore Reserve used in the PFS.
