Tiger Resources Limited - March 2012 quarterly activities report
10.05.2012 | CNW
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
ASX Code: TGS
TSX Code: TGS
PERTH, Western Australia, May 10, 2012 /CNW/ -
| HIGHLIGHTS |
- Ore processed of 230,805 tonnes exceeds nameplate capacity
- Copper produced in concentrate during the quarter of 7,733 tonnes
- March production record of 3,508 tonnes of copper in concentrate
- Exploration expenditure of $2.4 million for 7,881m diamond drilling
- Stage 2 SXEW definitive feasibility study (DFS) progressed with expenditure of $1.3 million
- Cash at bank increased to $9.6 million
- Payment of first $1.5 million principal instalment on Trafigura loan
- $4.5 million of un-invoiced copper concentrate available for immediate sale
The full report is available on the company's website at www.tigerresources.com.au
SOURCE Tiger Resources Limited