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Metal Tiger welcomed news that investee company Cobre had recorded positive results from a maiden care drill hole at the Schwabe prospect within its Perrinvale copper project in Western Australia state.
Metal Tiger currently owned 20% of Cobre.
The drill hole confirmed the presence of volcanogenic massive sulphide mineralisation that was encountered during Cobre's initial exploration programme in June 2019.
At 2:30pm: (LON:MTR) Metal Tiger Plc Ord 0.01p share price was +0.09p at 1.65p