Metal Tiger PLC (AIM:MTR, OTC:MRTTF, ASX:MTR) welcomed a quarterly update from Cobre Ltd (ASX:CBE) as its investee continued to focus on its diverse project portfolio in Australia and its investments in Botswana and Gabon.
Metal Tiger currently has a 16.6% stake in ASX-listed Cobre.
Last week, Metal Tiger said the next phase of drilling has started at the Endurance prospect of Kalahari Metals Ltd’s Kitlanya East project in the Botswana Kalahari Copper Belt. Metal Tiger holds a 50.01% interest in Kalahari Metals, with Cobre holding the remainder.
READ: Metal Tiger says next drilling phase started at Kalahari Metals Ltd’s Endurance prospect