OREANDA-NEWS. April 07, 2016. Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects, would draw investors' attention to the announcement issued by MOD Resources (ASX: MOD) the Company's Joint Venture Partners in Botswana.

MOD Resources have entered a Trading Halt Session State until at the latest Friday 8th April pending the release of an announcement in respect of the assay results received from the first two drill holes at the T3 Joint Venture prospect in Botswana.

The MOD announcement can be viewed through the following link:                                                                                             


Metal Tiger holds 30% of the Joint Venture with MOD Resources.

In addition Metal Tiger holds 58,333,333 shares and 29,166,666 A\\$0.01 warrants in MOD Resources. At the price of MOD Resources today when the trading halt was applied the value of Metal Tigers shares/warrants amounted to approximately 1,750,000.