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Metal Tiger’s Johnson excited by MOD tie-up in Botswana

Paul Johnson, director at Metal Tiger (LON:MTR), discusses the firm’s tie-up with MOD Resources (ASX:MOD) to target the Kalahari Copper Belt, Botswana.

Both firms have formed a joint venture – Metal Capital - which owns local player Tshukudu Botswana Metals.

It means the combined entity can acquire 14 prospecting licences owned by Discovery Mines, which has gone out of business.

Johnson says the commercial opportunity and geological potential of the target, made Metal’s Tigers US$100,000 investment for a 30% stake an easy decision.

 
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