Lupoto Permit (PR2214) Drilling Update
PERTH, Western Australia, March 7 /CNW/ --
Significant intercepts reported for Sase Central and Sase South
PERTH, Western Australia, March 7 /CNW/ - Tiger Resources Limited
(ASX/TSX, TGS, 'Tiger') is pleased to provide a further update on
results received from the recently completed drilling programme at the
Company's 100% owned Lupoto Permit (PR 2214) in the Democratic Republic
of Congo.
HIGHLIGHTS
Sase Central
-- Assay results from Sase Central confirm the extension of the
lower-grade Cu mineralised envelope surrounding the high-grade
zone of primary and supergene mineralisation identified in
earlier drilling.
-- The significant intersections reported for RC and diamond drill
(DD) holes at Sase Central include:
28m @ 4.13% Cu intersected in hole SASRC006
75m @ 5.94% Cu intersected in hole SASRC007
62m @ 1.0% Cu intersected in hole SASRC008
50m @ 2.0% Cu & 67m @ 2.64% Cu intersected in hole
SASRC009
34m @ 5.49% Cu intersected in hole SASRC013
18m @ 1.3% Cu intersected in hole SASRC016
72m @ 0.91% Cu intersected in hole SASRC017
30m @ 2.87% Cu intersected in hole SASRC021
61m @ 2.55% Cu intersected in hole SASRC022
32m @ 1.7% Cu intersected in hole SASDD028
55.5m @ 2.61% Cu intersected in hole SASDD035
-- Results of three holes pending from the 23 hole Infill drilling
programme designed to better define the area of high grade
mineralisation
Sase South Prospect
-- Significant copper intersects reported from the four reverse
circulation (RC) holes drilled for reconnaissance at the Sase
South Prospect, including:
12m @ 1.2% Cu intersected in hole SASRC002
9m @ 0.78% Cu & 11m @ 0.67% Cu intersected in hole
SASRC004
-- Assay results confirm the discovery of a new zone of primary
copper mineralisation at Sase South and confirm the importance
of regional structures within PR 2214 for hosting
mineralisation.
-- Mineralisation at Sase South is associated with a major thrust
structure that can be mapped linking Sase South to Sase
Central, a distance of 1,500m.
Sase Central - Extensional drilling
Results have been received for the eleven hole diamond drilling (DD)
programme designed to test for strike and width extensions of 1% Cu
mineralisation surrounding the high grade primary and supergene zone
identified at Sase Central. Significant mineralisation was reported
for three of the four holes.
The best intersection of 55.5m @ 2.61% Cu was returned from SASDD035,
drilled on section 508450mE to close section spacing to 50m. (The RC
programme concluded this drilling).
An intercept of 32m @ 1.7% Cu was returned from SASDD028, drilled on
section 508800mE. This result supports earlier results from air core
(AC) drilling, and provides scope for further extensional drilling to
the South East.
Sase Central - Infill drilling
A total of 23 holes (18 RC & 5 DD) for 3,131.9m (RC 2,615m & DD 516.9m)
were drilled as the infill component of the Sase Central programme, in
conjunction with 3 RC holes that twinned diamond holes for correlation
purposes. The holes, generally drilled on 25m x 50m centres, are for
the purpose of delineating the high-grade primary and supergene zone to
enable the estimation of a maiden JORC resource.
Assay results received have confirmed the continuity along strike and at
depth of the high-grade zone, with the strike being extended by 50m to
300m by the results of SASRC022. Results are pending for holes SASRC011
and SASRC012, with partial results received to date for SASRC013.
[Collar locations are indicated in Figure 1.]
Table 1: Significant intercepts from the Sase Central drilling
Collar
ID Easting Northing Azi Incl EOH From To Interval Cu % Co%
-90
SASRC006 508350 8733950 N/A (o) 125m 19 33 14 1.29 0.24
46 74 28 4.13 0.14
Including 6 12.25
83 88 5 0.56
117 122 5 0.55 0.1
SASRC007 508400 8733925 360 -60° 129m 16 91 75 5.94 0.1
101 129 28 1.1
SASRC008 508400 8733975 360 -60° 125m 8 19 11 0.9 0.17
35 97 62 1
Including 7 4
-90
SASRC009 508450 8733950 N/A (o) 157m 36 86 50 2
90 157 67 2.64
Including 16 4.78
& 11 3.2
SASRC010 508500 8733975 360 -60° 100m 60 77 17 1.57
-90
SASRC011 508550 8733906 N/A (o) 97m Results pending
-90
SASRC012 508550 8733930 N/A (o) 100m Results pending
SASRC013 508600 8733925 180 -60° 121m 79 82 3 1.43
87 121 34 5.49
Including 15 7.82
SASRC014 508600 8733975 180 -60° 85m 60 62 2 0.86
67 72 5 4.2
SASRC015 508500 8733925 360 -60° 93m 27 49 22 0.63
54 74 20 0.78
SASRC016 508550 8733955 NA -90° 100m 64 82 18 1.3
SASRC017 508300 8733990 180 -60° 100m 13 85 72 0.91
Including 14 1.45
SASRC018 508250 8733925 360 -60° 93m NSR
SASRC019 508400 8733908 180 -60° 61m 22 38 16 0.55 0.19
45 49 4 0.52 0.4
SASRC020 508600 8733955 360 -60° 45m NSR
SASRC021 508600 8733954 180 -60° 100m 7 10 3 0.7
45 75 30 2.87
79 85 6 0.7
SASRC022 508650 8733885 180 -60° 125m 64 125 61 2.55
Including 31 3.6
SASRC023 508650 8733910 180 -60° 125m 68 75 7 0.53
SASRC024 508250 8733950 360 -60° 89m 1 4 3 0.63
17 22 5 0.57
33 36 3 0.54
40 45 5 0.5
52 65 13 0.75
SASRC025 508750 8733900 NA -90° 125m NSR
SASRC026 508750 8733850 NA -90 125m NSR
SASDD026 508590 8733810 N/A -90 126m 75 88 13 0.85
106 112 6 0.81
SASDD027 508700 8733850 1800 -60 101.85m 41.85 44.85 3 0.73
64.85 66.6 1.75 1.8 0.45
SASDD028 508800 8733895 1800 -60 152.70m 70.2 102.2 32 1.7
SASDD029 508300 8733890 0 -60 116.7m 110.7 116.7 6 2.63
SASDD030 508500 8733810 360 -60 59.65m 53.65 59.65 6 0.6
SASDD031 508400 8733850 0 -60 179.6m 106.25 111 4.75 0.5
117 119.75 2.75 1.66
139 142 3 0.8
SASDD032 508250 8733975 NA -90° 95.75m 59.75 64.25 4.5 0.7
70.25 73.25 3 0.64
SASDD033 508350 8733925 NA -90° 65.85m NSR
-90
SASDD034 508350 8733975 N/A (o) 120m 38.15 40.35 2.2 0.58
55.35 79.35 24 0.85
98.85 110.15 11.3 1
-90
SASDD035 508452 8733930 N/A (o) 143.95m 30.75 38.95 8.2 0.83
55.45 110.95 55.5 2.61
116.95 124.95 8 1.73
-90
SASDD036 508450 8733980 N/A (o) 91.35m 37.35 53.85 16.5 1.94
83 91.35 8.35 2.71
Explanatory notes for Table 1 intercepts.
1. Intercepts calculated with a 0.5% Cu cut off
2. Maximum 3m internal dilution (below cut off)
3. RC assay results are for 1m sample intervals
4. Samples processed by ALS Chemex Johannesburg using ME-ICP61 and
ME-OG62 for samples with results greater than >10 000 ppm Cu (1%)
Sase South Prospect
Results received from reconnaissance RC holes drilled towards the end of
last year to test a large copper-in-soil anomaly at Sase South
associated with a major magnetic anomaly have been received. Two out
of the four holes, SARC002 and SARC004, intersected significant copper
mineralisation confirming the discovery of a new zone of
mineralisation.
Mineralisation is both primary (sulphides) and secondary (oxides) in
nature and thought to be related to major regional thrust structure.
The fault structure is clearly defined by geophysical data and can be
seen linking Sase Central with Sase South, a distance of 1500m.
The results confirm the importance of regional structures for the
localisation of mineralisation and add support to a geological model
that implies high grade Cu mineralisation is extensively developed
within PR2214. The results provide further motivation for wide spaced
drill testing between Sase Central and Sase South.
Significant intercepts can be seen in Table 2 and collar locations in
Figure 2.
Table2: Significant intercepts from the Sase South Drilling
Collar ID Easting Northing Azi Incl EOH From To Interval Cu %
SASRC002 509022 8732745 N/A -90° 100m 40 41 1 0.98
44 47 3 0.78
63 75 12 1.2
77 79 2 0.52
88 89 1 0.52
96 97 1 0.52
SASRC003 508963 8732695 45° -60° 109m NSR
SASRC004 509040 8732635 45° -60° 101m 46 55 9 0.78
57 68 11 0.67
SASRC005 509057 8732780 N/A -90° 100m NSR
Explanatory Notes for Table 2 intercepts.
1. Intercepts calculated with a 0.5% Cu cut off
2. Samples processed by ALS Chemex Johannesburg using ME-ICP61 and
ME-OG62 for samples with results greater than >10 000 ppm Cu (1%)
3. RC Assay results are for 1m intervals
Background
The Sase Project is situated within the Lupoto Permit (PR2214). The
northern boundary of the permit is located approximately 10kms to the
south of the Kipoi Project and the project area 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.
The Sase 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 analogues 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.
There is potential for the high grade mineralisation to extend the life
of the stage 2 development at Kipoi Central.
Company website: www.tigerresources.com.au
Scientific or technical information in this news release has been
prepared by or under the supervision of Mr Brad Marwood, Managing
Director and a full-time employee of the Company and a Member of the
AusIMM. Mr Marwood has sufficient experience which is relevant to the
style of mineralisation under consideration and to the activity which
he is undertaking to qualify as a Competent Person as defined in the
JORC Code and to qualify as a 'Qualified Person' under NI 43-101. Mr
Marwood has verified the data disclosed in this news release, including
sampling, analytical and test data underlying the information or
opinions contained in this news release. Mr Marwood consents to the
inclusion in this news release of the matters based on his information
in the form and context in which it appears
For Figures 1 and 2 click here: http://files.newswire.ca/937/tiger_resources0307.pdf
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2011/06/c8383.html
in respect of the Company's activities, please contact:
| Brad Marwood | Stephen Hills | Nathan Ryan |
| Managing Director | Chief Financial Officer | Investor Relations |
| Tel: ( 61 8) 9240 1933 | Tel: ( 61 8) 9240 1933 | Tel: ( 61 0)420 582 887 |
| Email: bmarwood@tigerez.com | Email: shills@tigerez.com | Email: nryan@tigerez.com |