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Tiger International Resources Inc

Publié le 06 juillet 2015

July 6, 2015 Positive Trenching Results From Itogon Gold Project, Philippines

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July 6, 2015 Positive Trenching Results From Itogon Gold Project, Philippines

Microsoft Word - TGR news release 6 July 2015.docx

TIGER INTERNATIONAL RESOURCES, INC. (TGR.V)

NEWS RELEASE - JULY 6th, 2015

TSX-V: TGR

US OTC: TGILF

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 6th, 2015. A copy of the full ECR
news release may be obtained from www.ecrminerals.com
- Excerpt begins -
The trenching was completed during May and June 2015 and comprised 13 trenches totalling
430.6m. Mineralised intervals from the trenching are presented in Table 1 below.
In addition, 12 test pits were excavated in areas too steep or otherwise inaccessible for trenching. Further assay results in respect of various trenches and all test pits are pending.
HIGHLIGHTS
* Mineralised intervals from trenching (apparent width) include:
60m at 2.43 g/t gold in TR09 (includes interval of 42m at 2.54 g/t gold announced 18 June 2015)
28.6m at 3.61 g/t gold in TR09 (separate and additional to the interval above)
18m at 1.71 g/t gold in TR05
59m at 1.32 g/t gold in TR05
10m at 1.39 g/t gold in TR02
* Very high grades encountered in TR09 including:
1m at 16.74 g/t gold from 10m
1m at 42.29 g/t gold from 28m
1m at 79.67 g/t gold from 84m
Stephen Clayson, Chief Executive Officer of ECR, commented:
"These encouraging results provide further positive indications as to the potential of the supergene enriched oxide gold blanket which occurs from surface in the main prospect area at Itogon, and we look forward to receiving and reporting the remainder of the assay results from the trenching and test pitting programme.
Work at the project during July 2015 is expected to focus on formulating a cohesive geological model for the purposes of the planned resource estimate and accompanying NI43-101 technical report. The Directors anticipate that this report will be completed during September 2015.
This work will include efforts to better understand the controls on the very high grade mineralisation encountered in TR09 and in earlier phases of sampling, as well as in the reverse circulation drilling carried out in 2014."

TABLE 1: MINERALISED INTERVALS 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

TR05

0

59

59

1.32

4m at 1.39 g/t from 4m; 4m at

1.40 g/t from 20m; 4m at 1.33 g/t from 24m; 4m at 1.50 g/t from

28m; 5m at 1.83 g/t from 36m; 1m at 1.22 g/t from 41m; 1m at 1.76 g/t from 42m; 1m at 3.83 g/t from

43m; 1m at 4.62 g/t from 44m; 1m at 1.57 g/t from 45m; 1m at 1.11 g/t from 46m; 1m at 4.32 g/t from

48m; 1m at 2.18 g/t from 49m; 1m at 1.32 g/t from 50m; 1m at 2.01 g/t from 51m; 1m at 2.07 g/t from

57m; 1m at 1.47 g/t from 58m

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 79m; 1m at 2.78 g/t from 81m; 1m at 79.67 g/t from

84m; 2.6m at 1.07 g/t from 95m

NB:
Mineralised intervals were calculated as weighted averages using a cut-off grade of 0.30 g/t gold and a maximum of 1m internal dilution. As a result certain reported intervals contain discrete higher grade intervals that are separated by lower grade mineralisation. In these cases the grade of
each single sample which exceeded 1.00 g/t gold has been reported separately. No top cut has
been applied in calculating mineralised intervals. All widths given in this announcement are apparent width.
A map pertaining to the exploration results reported today may be viewed at:
http://www.ecrminerals.com/itogon-drill-holes-trenching-test-pitting
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Patric Barry, President, Tiger International Resources, at (949) 362.1600 or by email to
[email protected]

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Données et statistiques pour les pays mentionnés : Philippines | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Philippines | Tous

Tiger International Resources Inc

CODE : TGR.V
ISIN : CA8869171030
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Tiger International est une société développant des projet miniers de cuivre et de nickel basée aux Etats-Unis D'Amerique.

Tiger International détient divers projets d'exploration aux Philippines et en Malaisie.

Ses principaux projets en exploration sont HONEY/NORMAN et EXPERANZA GOLD PROJECT aux Philippines et TAVAI NICKEL PROJECT en Malaisie.

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Projets de Tiger International Resources Inc
12/03/2015March 12, 2015 Update on exploration at Itogon Gold Project
Communiqués de Presse de Tiger International Resources Inc
02/08/2016July 22, 2016 Tiger International Resources Inc. Work Progra...
19/12/2015December 18, 2015 Ni43-101 Technical Report Filed For Dangla...
21/10/2015October 19, 2015 Update Re Itogon Gold Project
21/07/2015July 21, 2015 Further Positive Trenching Results From Itogon...
06/07/2015July 6, 2015 Positive Trenching Results From Itogon Gold Pro...
24/01/2015January 23, 2015 Itogon Gold and Silver Project – Work Progr...
23/12/2014December 22, 2014 Drilling To Commence At Itogon Gold Projec...
23/12/2014December 23, 2014 Update On Q4 2014 Exploration At Itogon Go...
05/04/2006(Tavai Nickel Project)Sabah Tavai nickel project applied for by Tiger Internationa...
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