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Metal Tiger's Logrosan JV Identifies New Gold, Tungsten Targets

27 Jun 2017 8:23 am

LONDON--Metal Tiger PLC's (MTR.LN) Logrosan Minerals joint venture in Spain with Minerals Exploration Network Ltd., has identified new gold and tungsten deposits in the first quarter of fiscal 2017.

Metal Tiger said its new gold findings have allowed the group to combine two sites into one large site, creating a combined total of three gold targets at its Logrosan site, as well as a tungsten target.

The group said drilling is on hold during analysis of the new mineral deposits, and the joint venture is currently evaluating testing and drilling options.

-Write to Sarah Gardner at sarah.gardner@dowjones.com

(END) Dow Jones Newswires

June 27, 2017 04:23 ET (08:23 GMT)

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