Tiger Resources Limited - Lupoto Permit (PR2214) Drilling Update

Significant drilling intercepts from Sase Project area

PERTH, Western Australia, Nov. 24 /CNW/ - Tiger Resources Limited (ASX: TGS, "Tiger") is pleased to provide an update on the drilling programme at the Company's 100%-owned Lupoto Permit (PR2214) in the Democratic Republic of Congo.  The full text of the announcement is available on the Company's website at www.tigerresources.com.au and under the Company's profile on SEDAR at www.sedar.com.

Highlights

• First assay results received from Sase Central extension drilling programme. Significant intersections include

48m @ 2.11% Cu intersected in hole SASRC001

32m @ 1.10% Cu intersected in hole SASAC442

10m @ 2.10% Cu intersected in hole SASAC443

35m @ 1.18% Cu intersected in hole SASAC446

Holes SASRC001, and SASAC446 ended in mineralisation.

• Drilling programme has successfully extended strike length and width of mineralisation. Mineralisation at Sase Central now delineated over a strike length of 700m and with a width extent of up to 300m. Mineralisation remains open along strike and at depth.
• A 16-hole infill diamond and reverse circulation (RC) over high grade ore zone at Sase Central deposit commenced for initial resource estimation purposes.
• Field-based Niton analysis (mobile XRF) on samples from the four completed infill RC drill holes indicate presence of broad zones (+100m) of high grade copper mineralisation.
• Three of the four completed reconnaissance RC drill holes returned mineralised intersects at Sase South, situated approximately 1500m from Sase Central prospect, confirming a new zone of mineralisation and a new prospect.

Additional Notes

Scientific or technical information in this news release has been prepared by or under the supervision of Mr David Young, Managing Director and a full-time employee of the Company and a member of the Australasian Institute of Mining and Metallurgy ("AusIMM"). Mr Young 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 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" (the "JORC Code") and to qualify as a "Qualified Person" under National Instrument 43-101.

Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr Young consents to the inclusion in this news release of the matters based on his information in the form and context in which it appears.

Caution Regarding Forward Looking Statements: The forward-looking statements made in this news release are based on assumptions and judgments of management regarding future events and results. Such forward-looking statements involve 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 statements. Such factors include, among others, the actual market prices of copper, cobalt and silver, the actual results of current exploration, 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 filed documents.

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