Lupoto(Sase) - Permit 2214
100% Tiger Resources
Background
The Sase Project is situated within the Lupoto Permit (PR2214) which covers an area of 293 sq km. The permit is located approximately 10kms to the south of the Kipoi Project and the Sase Copper Project can be accessed by a road that leads directly to Kipoi.
The Company holds a 100% interest in the Lupoto Permit and Aurum sprl has the right to a 1% NSR from any production.
Diamond Drilling
The Company has completed a 25 diamond hole (for a total of 4,294m) drill programme at the Sase Prospect. Significant results from the programme include 107.10m @ 2.37% Cu (including 64m @ 3.27%Cu), 142.75m @ 2.14% Cu (including 73.25m @ 3.33%Cu), 70.30m @ 2.17% Cu, 30.50m @ 2.12% Cu, 38.85m @ 5.23% Cu and 60.50m @ 3.49% Cu.
Tiger has started a second drilling programme to target the strike length, width and depth extensions of the mineralisation as well as the continuity of mineralisation between existing drill holes in order to support a JORC compliant resource estimation at Sase.
The drill results have delineated a west-north-west elongated mineralised envelope over a strike of about 600m that varies in width between 50 and 200m. The majority of mineralisation so far tested resides in the oxide zone that extends to 120m in depth. Mineralisation remains open along strike and at depth. The mineralisation (both oxide and sulphide) is hosted in intensely brecciated sedimentary rocks, mainly carbonaceous siltstones, shales and dolomites of the Lower Kundelungu Group associated with a 10km long fault system.
Mineralisation
Mineralisation at Sase is hosted in intensely brecciated sedimentary rocks, mainly carbonaceous siltstones, shales and dolomites of the Lower Kundelungu Group. These stratigraphic units are known to host one of the world’s largest Pb-Zn-Cu deposits at Kipushi, 50km west of Lubumbashi in the DRC.
Exploration Potential
The geophysical data show that the east-west trending Sase Fault Zone is a very prominent feature of a possibly much larger segmented fault trend with an interpreted strike length of at least 15km. It is likely that the setting for the Sase mineralisation is repeated along this trend and that recurrences of mineralisation are possible. Numerous high grade anomalies along the fault have been identified and require follow up.
The Company believes further exploration testing of interpreted splay structures along the Sase Fault Zone is necessary as this trend holds significant exploration upside.