General Search - Enter what you're looking for...
TIGER RESOURCES LIMITED - ASX: TGS
The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.
Description
Tiger Resources Limited (ASX/TSX: TGS) is a producing copper/cobalt company with excellent growth potential as we transition from explorer to producer. We have a highly-rated portfolio of properties, all strategically located on the world renowned Katanga Copperbelt in the Democratic Republic of Congo (DRC).
We began producing at our flagship Kipoi Project in April 2011 and will have an annual production of 35,000 tonnes of copper. The first shipments of copper concentrate produced at Kipoi were transported from site on 15 June 2011, and we expect sales to continue steadily as production is increased to achieve planned plant operating levels over coming months.
Stage one of production is based on the exceptionally high grade Kipoi Central deposit where a resource of 2.86 Mt at 8.1% Copper has been defined.
We have 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 at Sase Central, a deposit within our 100%-owned Lupoto Copper Project.
Our objective is to maintain exploration and resource drilling programs and grow our existing resource base to a level where it will support production of more than 50,000 tonnes of copper.
Mine For
copper, cobalt, silver
Location of operation(s)
Democratic Republic of Congo
Address
1st Floor, 30 Ledgar Road
BALCATTA, WA, AUSTRALIA
Phone
(08) 9240 1933
Website
Last Updated
20/7/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
