Sign up USA
Proactive Investors - Run By Investors For Investors

Logrosan joint venture review underscores its potential, says Metal Tiger

A review of exploration progress at Metal Tiger’s Logrosan joint venture in Extremadura, Spain has underscored its robust potential. .
Logrosan joint venture review underscores  its potential, says Metal Tiger
Metal Tiger is a resource investment firm...

A review of exploration progress at Metal Tiger’s (LON:MTR) Logrosan joint venture in Extremadura, Spain has underscored its robust potential.

The summer drilling season has shown extensive evidence of tungsten mineralisation with high-grade assays, the firm said, and the review showed the potential for more of the resource along strike.

Tungsten deposits have now been identified at targets one and two.

Chief executive Cameron Parry told investors: "The findings to date are significant and could build upon what is emerging as an extremely attractive and potentially high-grade tungsten deposit and lead into a resource development project that may hold considerable commercial value.

 "We are now working with our Joint Venture partners to scope out how we should continue our work and build the commercial value of this important asset."

The project is held with UK-based special purpose vehicle Logrosán Minerals.

Metal Tiger can earn into a maximum 50% interest by investing up to €500,000

View full MTR profile View Profile

Metal Tiger Timeline

Related Articles

map of project area
March 26 2018
The prospect of an IOCG deposit, similar to Olympic Dam, has ignited interest in the stock.
1533209631_Shefa-Yamim---Kishon-River.jpg
August 02 2018
Shefa Yamim has a highly prospective gemstone project in Israel
An aircore drill rig at the GT6 prospect of the Pinnacles Gold Project
April 18 2018
Nexus has only scratched the surface in seeking out a Karari-style deep plunging ore body.

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Company receives either monetary or securities compensation for our services. We stand to benefit from any volume this write-up may generate.

You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Copyright © Proactiveinvestors.com, 2018. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use