Lupoto(Sase) - Permit 2214
100% Tiger Resources
Background
The Sase Project is situated within the Lupoto Permit (PR2214) which covers an area of 141 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.
There is potential for the high grade mineralisation to extend the life of the Stage 1 development at Kipoi Central.
Drilling
The Company completed a 25 diamond hole (for a total of 4,294m) drill programme at the Sase Prospect in 2009. 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 which has successfully extended the strike length and width of mineralisation. Mineralisation at Sase is now delineated over a strike length of 700m and with a width extent of up to 300m. Mineralisation remains open along strike and at depth. A JORC compliant resource estimation at Sase is planned for 2011.
Significant intersections from the programme include 48m @ 2.11% Cu, 32m @ 1.10% Cu, 10m @ 2.10% Cu and 35m @ 1.18% Cu.
Geology
The Lupoto Project is located in an area of intersecting splay structures associated with a major project scale fault system, the Sase Fault Zone. Fault breccias related to the fault systems represent important exploration targets.
Several other analogous geological settings have been identified in other parts of the Lupoto Project area. 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.