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TIGER RESOURCES LIMITED May 2012
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Forward Looking Statements
This presentation contains forward looking information, which is based on assumptions and judgments of management regarding future
events and results. Such forward looking information, including but not limited to information with respect to the potential expansion of
resources at Kipoi, production and expected recoveries from the Stage 1 mining, HMS and spiral system operation, and development of
a Stage 2 SX-EW plant at Kipoi, involves known and unknown risks, uncertainties, and other factors which may cause the actual results,
performance or achievements of the Company to be materially different from any anticipated future results, performance or
achievements expressed or implied by such forward looking information. Such factors include, among others, the actual market prices
of copper and cobalt, the actual results of current exploration, the availability of equity and debt financing, the volatility currently being
experienced in global financial markets, the actual results of future mining, processing and development activities, changes in project
parameters as plans continue to be evaluated, as well as those factors disclosed in the Company's filings, is available under the
Company’s profile on SEDAR at www.sedar.com.
Competent Person Statement
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled
by Mr. Brad Marwood, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Marwood has sufficient experience
which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to
qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves’. Mr Marwood consents to the inclusion in the report of the matters based on his information in the form
and context in which it appears.
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Disclaimer
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http://www.sedar.com/
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Corporate Snapshot
Corporate Snapshot
ASX / TSX Code TGS
Shares on Issue 673.5 million
Share Price A$0.35
Market Capitalisation A$238 million
Options / Performance Rights on Issue
38 million (Exp. Between Dec 12 – July14)
Cash (31 Mar-12) US$9.6 million
Debt (Trafigura facility) US$10.5 million
Major Projects Equity
Kipoi Copper / Cobalt, DRC (Mining Rights) 60%
Sase Copper, DRC (Prospecting Rights) 100%
Major Shareholders Undiluted Fully Diluted
Trafigura 26% 28%
Fidelity 6% 6%
Front Street 4% 3%
Macquarie Bank 3% 3%
Directors 1% 2%
ASX Share Price Performance
Shareholders by Region
0.00
20.00
40.00
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4,000
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$-
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Tiger Strategy
STRATEGY
1 Stage 1 – low capital, high margin 35ktpa Cu HMS Plant
2 Stage 2 – 50ktpa Cu SX-EW
3 Stage 2 capex – fully funded from Stage 1 HMS cashflow
4 Growth – expand Kipoi SX-EW to 100ktpa Cu through exploration
5 Acquire accretive assets For
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Stage 1 – HMS Ramp Up
HMS plant exceeded nameplate in March 2012 producing 3,508 t of copper in concentrate
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500
1,000
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Copper (t) Ore Processed (t)
Ore Processed Forecast Ore Cu Produced Forecast Cu
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Tiger Growth Profile
1. Stage 2 SX-EW based on a Scoping Study and is subject to a DFS. 2. Expansion of production above 50ktpa is conceptual in nature, there has been insufficient work done in determining
additional mineral resources and evaluation of other factors for increasing production and it is uncertain that such an expansion will eventuate in the future.
3. Free cashflow excludes interest and tax payments
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Exploration 2Q12
Planned Drilling by Target June Quarter
1 Kipoi Central 2,700 m DD
2 Kileba 2,450m DD
3 Kipoi North 1,700m DD
4 Judeira 4,000m DD 1,000m RC: Simba 2,000m DD1,500mRC
5 Sase Central, South Kapampala 5,500m DD 1,500mRC For
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Kipoi Mining Licence (55km2)
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Kipoi Central High Grade Lenses
Kipoi Central
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Judeira
Judeira South Cross Section Judeira South Collar Plan
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Located 10kms south of Kipoi and accessed via a direct road.
The licence is highly prospective with 200kt Cu initial resource at Sase Central.
Mwana, Mwana East and Kapampala are primary ore targets
Sase South oxide and primary ore target
2012 drilling program will focus on Sase South with 5,500m drilling planned.
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Lupoto Prospecting Licence (140km2)
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Contact:
Brad Marwood - Managing Director Phone: +61 (0)8 6188 2001
Email: [email protected]
Stephen Hills – CFO Phone +61 (0)8 6188 2002 Email: [email protected]
Nathan Ryan – Investor Relations
Phone: +61 3 96222 159 Email: [email protected]
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Further Information
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