Tiger Resources Limited: March 2011 Quarterly Activities Report

28.04.2011  |  CNW

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

PERTH, Western Australia, April 28 /CNW/ - Tiger Resources Limited (ASX/TSX: TGS) advises that its Activity and Cash Flow Reports for the quarter ended March 31, 2011 have been issued today in accordance with the ASX listing rules. The full text of the reports is available on the Company's website at www.tigerresources.com.au and under the Company's profile at www.sedar.com.


HIGHLIGHTS

Kipoi Copper Project

- Stage 1 heavy media separation (HMS) plant construction completed and commissioning commenced

- Plant completed on time and within budget

- Grade control mining shows good correlation to resource model

- Operating team ready to start

- Stage 2 SXEW scoping study revised to optimise throughput

- Near mine exploration programmes commenced at Judeira and Kipoi Central


Lupoto Copper Project

- Sase Central maiden JORC resource :-
-- Indicated 3.1Mt @1 .6% Cu (49,000 tonnes of copper)
-- Inferred 11.6 Mt @ 1.3% Cu(151,000 tonnes of copper)

- Exploration drilling at Sase Central prospect completed

- Drilling planned at Mwana prospects and Kapampala


Corporate

- US$15.6 million equity from Trafigura options exercise completes financing

- Cash on hand USD13.9 million




For further information:

Office Address: Ground Floor, 30 Ledgar Road, Balcatta, Western Australia 6021
Postal Address: PO Box 717, Balcatta, Western Australia 6914
Phone: +61 (0)8 9240 1933 Fax: +61 (0)8 9240 2406 Email: tiger@tigerez.com
Web: www.tigerresources.com.au