Metal Tiger goes for gold at Spanish project

10th Aug 2015 09:06

(ShareCast News) - AIM listed Metal Tiger said it was going for gold as well as tungsten at its joint venture in Extremadura, Spain.Shares in the listed company were down 1.47% to 0.862p at 0824 BST.Metal Tiger said in an update it had spent half or €250,000 of the €500,000 it is required to spend this year as part of its deal with Logrosán .Chief executive Cameron Parry said the company remained "highly active" during the summer break and was planning for September."The joint venture's work post-summer will include drilling to identify further tungsten mineralisation, but also gold mineralisation in certain target areas," the company said in a statement.