Metal Tiger PLC hails updates from Sandfire Resources Ltd, Southern Gold Ltd and Cobre Ltd proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Coffee with Samso: Southern Gold Limited and Epithermal Gold Deposits in South Korea proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
IN BRIEF: Metal Tiger notes quarterly performance from Southern Gold
Fri, 30th Apr 2021 20:22
Metal Tiger PLC - AIM-listed investor in natural resource opportunities - Notes 18% investee Southern Gold Ltd first quarter update. Commercial negotiations continued regarding the settlement of Southern Gold s sale of 50% joint venture interests in the Gubong and Kochang projects for a price of USD9.9 million, as determined by an independent expert. Discussions are in an advanced stage and an update to the market expected in the coming quarter.
Also notes, 17% investee Cobre Ltd s update of Perrinvale VHMS project relating to the commencement of field exploration. Highlights step change in exploration approach driven by geological understanding, potential for increased areas of intermediate to felsic volcanic rocks identified and Banded Iron Formation association with conductors and massive sulphide mineralisation to be targeted.