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Metal Tiger welcomed news that drilling had commenced at the Perrinvale gold, copper and zinc project in Western Australia state.
Cobre, of which Metal Tiger owned 20%, had an 80% stake in Perrinvale.
Initial drilling would include about 1,000 metres of diamond core drilling at three prospects: Zinco Lago, Schwabe, and Monti.
At 1:39pm: (LON:MTR) Metal Tiger Plc Ord 0.01p share price was -0.05p at 1.15p