Tiger Resources Limited - March 2012 quarterly activities report

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

ASX Code: TGS
TSX Code: TGS

PERTH, Western Australia, May 10, 2012 /CNW/ -

HIGHLIGHTS

• Ore processed of 230,805 tonnes exceeds nameplate capacity
  
  
• Copper produced in concentrate during the quarter of 7,733 tonnes
  
  
• March production record of 3,508 tonnes of copper in concentrate
  
  
• Exploration expenditure of $2.4 million for 7,881m diamond drilling
  
  
• Stage 2 SXEW definitive feasibility study (DFS) progressed with expenditure of $1.3 million
  
  
• Cash at bank increased to $9.6 million
  
  
• Payment of first $1.5 million principal instalment on Trafigura loan
  
  
• $4.5 million of un-invoiced copper concentrate available for immediate sale
  
  
  

The full report is available on the company's website at www.tigerresources.com.au

 

 

 

Level 1, 1152 Hay Street, West Perth, WA 6005 - PO Box 379, West Perth, WA 6872
T: [phone]    F: [phone]    E: [email protected]   W: www.tigerresources.com.au