TIGER RESOURCES LIMITED

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Type: Public
Classification: Track

Stock Quote: ASX:TGS, FWB:RH8

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30 LEDGAR ROAD, FIRST FLOOR
BALCATTA
Western Australia
Australia, 6021
Phone: +61 8 9240 1933
Fax: +61 8 9240 2406

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Company Summary

Tiger Resources is an Australian company focused on the discovery and development of significant high grade Copper/Cobalt deposits in the highly mineralised “Roan Sequence” of the Africa Copper Belt in the DRC.

Company News

Wednesday, November 18, 2009

Property: KIPOI

Tiger Resources Limited announce a Measured and Indicated Resource for the high grade cobalt mineralisation within the Stage 1 development at the Kipoi project located in Democratic Republic of Congo. A Measured and Indicated Mineral Resource estimate of 1.18Mt @ 0.62% Co for 7,400t of contained cobalt metal is reported. The resource is based on assay results from 44 diamond drill holes. The high grade cobalt mineralisation would be extracted early in the development of the Stage 1 pit and represents a potentially important additional revenue source that has not been factored into the current financial model. The economics for the Stage 1 mining operation is based only on the sale of copper concentrate.

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