Metal Tiger PLC - Winchester, England-based investment company focused on the natural resources sector - Notes that Cobre Ltd said that the next stage of drilling at Kalahari Metals Ltd’s Ngami copper project in Botswana started. Says the initial phase of drilling will test the first of several prospective areas identified on KML’s extensive license holding.

Metal Tiger holds a 21% interest in Australian mineral exploration company Cobre and a 62% stake in its peer KML. Cobre holds the remaining stake in KML.

Current stock price: 13.99 pence

12-month change: down 45%

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