Metal Tiger rises on completion of diamond drill program in Central Africa
** Shares of UK-based natural resource co Metal Tiger
MTRM.L up 8.4% at 16p - highest since March 8
** Says all three targets drilled by co's Australia-based
mineral exploration company Armada AMM.AX at the Nyanga
Project in Gabon, Central Africa, have intersected magmatic
sulphides
** Says phase 1 diamond drill program is now complete
** MTRM is AMM's second biggest shareholder with 14.42%
stake
** Including session gains, stock has fallen ~21% YTD
(Reporting by Radhika Anilkumar in Bengaluru)
((Radhika.Anilkumar@thomsonreuters.com))
Recent news on Rapid Critical Metals
See all newsBrief: Rapid Critical Metals Announces Acquisition Of Highly Prospective Historical Asset-North NSW
Brief: Rapid Critical Metals Expects To Record Impairment Of A$2.6M With Respect To Zimbabwean Assets
Australia's Rapid Critical Metals hits 10-month high on silver project deal
Brief: Rapid Critical Metals To Acquire Webbs Consol Silver Project
Australia's Rapid Critical Metals gains most in seven months on premium placement