Activities Report for the Quarter Ended 30 June 2018

25 July 2018

Operational Overview

Tiger Resources Ltd (Tiger or the Company) during the first half of 2018 continued to improve operations
and cashflow at its Kipoi Copper Project in the Democratic Republic of Congo (DRC):

  • Overall production of 9,742 tonnes of copper cathode at a realised copper price of $US6,991 and
    an all in sustaining cost (AISC) of $2.27 per pound copper for the half-year;
  • Trial mining at Kipoi North successfully completed; and
  • Increased and stabilised tank leach throughput.

Tiger continued to undertake an update and optimisation of its Life of Mine Plan (LOMP) at its Kipoi
Copper Project. A LOMP options study is expected to be completed and announced during Q3 2018.