Microsoft Word - TGR news release 21 July 2015-3.docx
TIGER INTERNATIONAL RESOURCES, INC. (TGR.V)
NEWS RELEASE - JULY 21st, 2015
TSX-V: TGR
US OTC: TGILF
FURTHER POSITIVE TRENCHING RESULTS FROM ITOGON GOLD PROJECT, PHILIPPINES
TIGER INTERNATIONAL RESOURCES, INC. (TGR.V) is pleased to provide the following update on activities at the Itogon gold project, Philippines.
The Itogon project is 100% held by Tiger International's Philippine subsidiary Cordillera Tiger Gold Resources, Inc. ("Cordillera Tiger") under an exploration permit granted by the Philippine government.
ECR Minerals plc ("ECR") of London, United Kingdom has the right to earn a 50% interest in the Itogon project and is currently the operator of the project, through Cordillera Tiger. The text below is excerpted from a news release by ECR made July 21st, 2015. A copy of the full ECR
news release may be obtained from www.ecrminerals.com
- Excerpt begins -
Mineralised intervals from the trenching and test pitting are presented in tables 1 and 2 below, which comprise the complete results of the trenching and test pitting programme. The results from trenches TR01, TR03, TR03A, TR04, TR06, TR12, TR13 and all test pits have not previously been reported. Additional results have also been reported in respect of TR05.
Stephen Clayson, Chief Executive Officer of ECR, commented:
"We are pleased to report more strong results from trenching at Itogon, and to present the complete assay results of the programme in the tables below. As previously announced, the results reflect the presence of a widespread supergene enriched oxide gold blanket occurring from surface in the main prospect area at Itogon. It is also apparent from the previously announced results of drilling by ECR that deeper level exploration targets exist below the supergene blanket.
Fieldwork in connection with the planned NI43-101 technical report is expected to commence this week, and will focus on integrating all available data into a geological model which will underpin the planned initial NI43-101 compliant resource and determine the direction of future exploration."
A set of maps pertaining to the exploration results reported today may be viewed at:
http://www.ecrminerals.com/itogon-drill-holes-trenching-test-pitting-july2015
|
TABLE 1:
|
|
WEIGHTED AVERAGE GRADE OF ALL SAMPLES
|
|
ECR TRENCHING PROGRAMME 2015
|
|
ITOGON GOLD PROJECT, PHILIPPINES
|
|
Trench
|
Width
|
Average Grade
|
|
Trench
|
(m)
|
(g/t gold)
|
|
Trench 01
|
18
|
0.05
|
|
Trench 02
|
10
|
1.39
|
|
Trench 03
|
18
|
0.55
|
|
Trench 03A
|
8
|
1.63
|
|
Trench 04
|
67
|
1.13
|
|
Trench 05
|
72
|
1.28
|
|
Trench 06
|
27
|
1.01
|
|
Trench 07
|
47
|
0.36
|
|
Trench 07A
|
8
|
0.94
|
|
Trench 08
|
27
|
0.29
|
|
Trench 09
|
97.6
|
2.57
|
|
Trench 12
|
20
|
1.54
|
|
Trench 13
|
11
|
4.36
|
|
|
|
Total
|
430.60
|
1.38
|
TABLE 2:
MINERALISED INTERVALS (0.3g/t gold lower cut-off, maximum 1m internal waste) ECR TRENCHING PROGRAMME 2015, ITOGON GOLD PROJECT, PHILIPPINES
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR02
|
0
|
10
|
10
|
1.39
|
4m at 1.73 g/t from 0m, 2m at
1.67 g/t from 8m
|
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR03
|
0
|
18
|
18
|
0.55
|
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR03A
|
0
|
8
|
8
|
1.63
|
1m at 2.50 g/t from 0m, 1m at
3.45 g/t from 1m, 1m at 2.02 g/t from 3m, 1m at 1.22 g/t from 4m,
1m at 1.17 g/t from 5m, 1m at
1.11 g/t from 6m, 1m at 1.10 g/t from 7m
|
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR04
|
1
|
67
|
66
|
1.15
|
1m at 1.22 g/t from 1m; 1m at
2.84 g/t from 2m; 1m at 2.27 g/t from 3m; 1m at 3.61 g/t from 4m;
1m at 1.66 g/t from 5m; 1m at
4.65 g/t from 6m; 1m at 3.90 g/t from 7m; 1m at 3.00 g/t from 8m;
1m at 1.64 g/t from 9m; 4m at
1.25 g/t from 19m; 4m at 1.63 g/t from 23m; 4m at 1.93 g/t from
27m; 4m at 1.23 g/t from 31m; 1m at 1.11 g/t from 56m; 1m at 1.12 g/t from 60m
|
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR06
|
0
|
27
|
27
|
1.01
|
1m at 1.29 g/t from 7m; 2m at
1.28 g/t from 15m; 2m at 1.22 g/t from 17m; 2m at 2.06 g/t from
19m; 4m at 1.87 g/t from 23m
|
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR07
|
5
|
6
|
1
|
0.45
|
|
TR07
|
17
|
20
|
3
|
0.77
|
|
TR07
|
25
|
28
|
3
|
0.71
|
1m at 1.44 g/t from 25m
|
|
TR07
|
31
|
35
|
4
|
0.77
|
1m at 1.80 g/t from 33m
|
|
TR07
|
37
|
38
|
1
|
0.39
|
|
TR07
|
43
|
47
|
4
|
0.90
|
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR07A
|
0
|
8
|
8
|
0.94
|
4m at 1.74 g/t from 4m
|
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR08
|
2
|
10
|
8
|
0.48
|
1m at 1.11 g/t from 9m
|
|
TR08
|
12
|
15
|
3
|
0.43
|
|
TR08
|
24
|
26
|
2
|
0.47
|
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR09
|
1
|
61
|
60
|
2.43
|
1m at 5.33 g/t from 2m; 1m at
2.34 g/t from 7m; 1m at 16.74 g/t from 10m; 1m at 1.14 g/t from
13m; 1m at 2.44 g/t from 18m; 1m at 1.18 g/t from 21m; 1m at 1.21 g/t from 25m; 1m at 42.29 g/t from 28m; 1m at 8.78 g/t from
29m; 1m at 1.32 g/t from 31m; 1m
at 4.51 g/t from 34m; 1m at 5.11 g/t from 40m; 1m at 1.24 g/t from
41m; 1m at 2.32 g/t from 47m; 1m at 1.60 g/t from 48; 1m at 1.23 g/t from 49m; 1m at 2.27 g/t from
52m; 4m at 6.81 g/t from 53m
|
|
TR09
|
69
|
97.6
|
28.6
|
3.61
|
2m at 1.23 g/t from 77m; 1m at
1.15 g/t from 79; 1m at 2.78 from
81m; 1m at 79.67 g/t from 84m;
2.6m at 1.07 g/t from 95m
|
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR12
|
0
|
30
|
30
|
1.54
|
4m at 1.27 g/t from 0m; 4m at
1.69 g/t from 4m; 4m at 1.78 g/t from 12m; 4m at 1.76 g/t from
16m; 4m at 2.54 g/t from 20m; 1m at 1.63 g/t from 24m; 1m at 1.28 g/t from 25m
|
|
Trench
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Trench
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR13
|
0
|
9
|
9
|
3.53
|
1m at 6.02 g/t from 0m; 1m at
5.66 g/t from 1m; 1m at 1.39 g/t from 2m; 1m at 2.41 g/t from 3m;
1m at 5.81 g/t from 5m; 1m at
1.75 g/t from 6m; 1m at 7.46 g/t from 7m
|
|
Test Pit
ID
|
From
|
To
|
Width
|
Average Grade
|
Including
|
|
Test Pit
ID
|
From
|
To
|
(m)
|
(g/t Au)
|
Including
|
|
TR01
TP03
|
0
|
1
|
1
|
0.46
|
|
TR02
TP01
|
0
|
1
|
1
|
0.86
|
1.44 g/t from lower sample
|
|
TR02
TP02
|
0
|
1
|
1
|
0.56
|
|
TR02
TP03
|
0
|
1
|
1
|
1.06
|
1.24 g/t from upper sample
|
|
TR03
TP01
|
0
|
1
|
1
|
0.46
|
|
TR03
TP02
|
0
|
1
|
1
|
1.38
|
1.84 g/t from lower sample
|
|
TR04
TP01
|
0
|
1
|
1
|
0.32
|
|
TR04
TP02
|
0
|
1
|
1
|
2.23
|
2.61 g/t from upper sample and
1.86 g/t from lower sample
|
|
TR06
TP02
|
0
|
1
|
1
|
1.40
|
1.41 g/t from upper sample and
1.39 g/t from lower sample
|
NB:
Mineralised intervals from trenches presented in Table 2 were calculated as weighted averages using a lower cut-off grade of 0.30 g/t gold and a maximum of 1m internal dilution. The grade of
each single sample which exceeded 1.00 g/t gold has been reported separately. Test pits were
sampled by two separate 1m channel samples with a minimum 1m difference in elevation. No top cut has been applied in calculating the mineralised intervals in tables 1 and 2, and all widths given are apparent width.
QA/QC
A secure chain of custody was maintained in the transport and storage of all samples, which were shipped to and analysed by Intertek Testing Services Philippines, Inc. ("Intertek"), an internationally accredited independent analytical laboratory in Metro Manila. Sampling was carried out under geological supervision. Upon arrival at Intertek samples were sorted, dried (if necessary), crushed, split and pulverised. The method of analysis for gold was fire assay (50g charge) with AAS finish.
QA/QC measures including the use of certified standards were implemented by ECR and separately by Intertek in relation to the analysis of the samples. The assay data reported is considered acceptable in the context of these measures. Assay values have been expressed in this news release as g/t gold but are received from Intertek expressed as ppm gold. For the purposes hereof ppm gold and g/t can be considered equivalent.
- Excerpt ends -
QUALIFIED PERSON
Dr Chris Wilson PhD, a Fellow (Chartered Professional - Geology) in good standing of The Australasian Institute of Mining and Metallurgy ("AusIMM") and a Fellow of the Society of Economic Geologists ("SEG"), is responsible for the work programme being implemented on the Itogon project by ECR and has supervised the preparation of (and in doing so has verified) and approved all technical information contained in this news release.
Dr Wilson's standing and membership designation with respect to AusIMM and the SEG, and the nature and extent of his experience which is relevant to the style of mineralisation and type of deposit under consideration at the Itogon project and to the activity which he is undertaking in relation thereto, enable him to qualify for the purposes of this news release as a Qualified Person as defined in Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Dr Wilson, through Exploration Alliance SA, is an independent geological consultant to ECR and has no other relationship of any kind with ECR. Dr Wilson has no relationship of any kind with Tiger International.
ABOUT TIGER INTERNATIONAL
Tiger International is a Canadian resource exploration and development company. The Itogon gold project is located in an established gold mining district known as the Baguio Gold Belt on the island of Luzon in the north of the Philippines, and benefits from an extensive historical dataset.
The Itogon project is 100% held by Tiger International's Philippine subsidiary Cordillera Tiger
Gold Resources, Inc. under an exploration permit granted by the Philippine government.
ECR Minerals plc of London, United Kingdom has the right to earn a 50% interest in the Itogon project and is currently the operator of the project, through Tiger International's Philippine subsidiary Cordillera Tiger.
FOR FURTHER INFORMATION PLEASE CONTACT:
Patric Barry, President, Tiger International Resources, at (949) 362.1600 or by email to
[email protected]