Metal Tiger's Thailand venture warrants further exploration


(MENAFN- ProactiveInvestors)Metal Tiger (LON:MTR) will start follow up work at its EPL 51/2557 acreage in Thailand after encouraging initial exploration findings. Soil sample assays indicate two anomalous areas it said highlighting there was gold in soil in the northern part of the area whilst there was also antinomy and arsenic is coincident with a large scale regional structure. Chief executive Cameron Parry said: "We are very pleased by the findings of the interim exploration report on our Chanthaburi JV project in Thailand.  'The presence of antinomy mineralisation bodes well for the prospectivity of the licence area.  'And in addition to that finding gold anomolies in the samples taken from the northern part of the licence an area that has no previously known mineralisation is particularly intriguing and a new area that we intend to follow up. 'We look forward to providing more news in due course as Metal Tiger now increases the level of funding directed toward exploration work on our JV licence in Thailand based on these encouraging preliminary findings."


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.