Tiger Resources

Company Profile

Tiger Resources Ltd is an Australian-based company focused on the discovery and development of high-grade copper/cobalt deposits in the world-renowned Africa Copper Belt in the DRC.

Tiger has an interest in a number of highly prospective projects covering 1,550sq kms, including the Kipoi and Lupoto projects.

We have a staged development strategy for the Kipoi Project. Stage 1 involves processing high-grade oxide copper mineralisation through a heavy media separation (“HMS”) plant to produce the equivalent of 119,000 tonnes of copper in concentrate over a three-year period.

We commenced producing a 25% Cu concentrate in April 2011, and on 15 June the first shipments of copper were transported from site. We expect sales to continue steadily as production is increased to achieve planned plant operating levels over the next two months.

Our plan is to then construct a 25,000tpa (scaleable) Solvent Extraction and Electrowinning (“SXEW”) plant by 2014 to produce cathode copper. The expanding resource base at Kipoi has the potential to support a 50,000+tpa Solvent Extraction Electrowinning (SXEW) production capacity.

Tiger has 100 per cent ownership of the Lupoto Project, which is located approximately 15km south of the Kipoi Project.

Sase Central, a deposit within our Lupoto Copper Project, has an Indicated resource of 3.1Mt at 1.6% Cu containing 49,000 tonnes of copper and an Inferred resource of 11.6Mt at 1.3% Cu containing 151,000 tonnes of copper.