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IN BRIEF: Metal Tiger says Kalahari Metals approves drilling programme

IN BRIEF: Metal Tiger says Kalahari Metals approves drilling programme
Tue, 20th Apr 2021 06:54
Metal Tiger PLC - AIM-listed investor in natural resource opportunities - Says joint venture board of Botswana copper explorer Kalahari Metals Ltd has approved a major new 7,000 metres drilling programme. Notes programme is focused on compelling conductive geophysics and structural targets that are considered prospective for the discovery of copper and silver deposits on the Kalahari copper belt. Says the Kalahari technical team has received additional members experienced in sediment-hosted copper and drill programme management as the project moves into the next stage of exploration.
We are hopeful that the hard work and diligent studies that the KML technical team have put into the exploration and drill targeting to date will bear fruit, says Metal Tiger Chief Executive Michael McNeilly. ....

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Maestrano Group PLC heads south after contract delay

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A look at some of the major movers in London on Monday
The company operates an artificial intelligence platform that analyses transport issues said the quarter (Jan – Mar) was affected by a “major weather event” in Australia that delayed acceptance for airframes delivered to the Australian Government.
The revenue will now be recognised in the current quarter.
11.50am: Pantheon plunges as drilling results disappoint
Pantheon Resources PLC (LON:PANR) fell from the heights, crashing 45% to 21.55p after announcing drilling results from the Talitha #A well in Alaska.
The market was unimpressed at the intermittent flow rate of up to 100 barrels of oil per day, which Pantheon conceded was a disappointing rate. ....

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FTSE 100 advances steadily but US stocks look set for a breather

FTSE 100 advances steadily but US stocks look set for a breather
Companies
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FTSE 100 advances steadily but US stocks look set for a breather
US stocks are expected to open on the back foot but Bitcoin has received some poise after a torrid weekend
FTSE 100 rises 19 points
US stocks to give ground
GameStop CEO to move on
US stocks are set to lose ground today as concerns over rising levels of coronavirus (COVID-19) cases worldwide dampen sentiment.
Spread betting quotes indicate the Dow Jones will open 74 points lower at 14,127 while the broader-based S&P 500 is set for a 9 point fall to 4,176. ....

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Metal Tiger PLC says joint venture Kalahari Metals approves major drilling programme on Kalahari Copper Belt

Metal Tiger holds a 50.01% interest in Kalahari Metals with Australian listed Cobre Ltd holding the remainder
Metal Tiger PLC (LON: MTR) said the board of its joint venture Kalahari Metals Ltd (KML) approved a major drilling programme on the Kalahari Copper Belt.
The 5,700-metre maiden drilling programme will focus on two of KML’s four project areas, the Kitlanya East and Kitlanya West projects, in the Botswana portion of the Kalahari Copper Belt. Work is expected to start in the first week of May at Kitlanya East where drilling will be undertaken on both the North and South targets.
An option to carry out an additional 1,300 metres of follow-up drilling, depending on results, was also approved. ....

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Proactive news headlines: NFT Investments PLC, Genedrive plc, Enteq Upstream PLC, Incanthera PLC...

Proactive news headlines: NFT Investments, Genedrive, Enteq Upstream, Incanthera.
A glance at some of the day s highlights from the Proactive Investors newswire
NFT Investments PLC (LON:NFT) said it has filed an application with OTC Markets Group for its shares to be traded on the OTCQB Venture Market, which it said will make its stock more widely available to investors in North America.
Genedrive plc (LON:GDR) said it has been included in a Public Health England framework agreement for diagnostic equipment and services
EQTEC PLC (LON:EQT) expects revenues will jump to around €15mln in 2021 from €2.2mln in 2020, shifting it into the black. ....

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