17 Jul Investor Update July 2012
Tigris is pleased to announce that exploration drilling has now commenced at the Kolonkaya gold project in southeast Turkey.
1500 meters of diamond drilling is planned to test sheeted-vein and veinlet gold targets hosted in dioritic and quartz-monzonitic intrusive rocks at Kolonkaya and a gold-skarn target at the Yalinkaya South project.
Tigris Resources would also like to announce the appointment of Mr Vernon Arseneau as a Non-Executive Director. Vernon has over 30 years’ experience in exploration and project management and has a BSc in Geology. He was also responsible for the recent discovery of the promising Dolores Cu-Mo porphyry located in the prolific Andahuaylas-Yauri porphyry belt of Peru.
About Tigris Resources Limited
Tigris is an exploration and development company focused on the search for gold and copper deposits in the highly prospective Tethyan Metallogenic Belt in southeast Turkey.
Tigris’s ‘Comprehensive Development Strategy’ is designed to enable the exploitation of a range of opportunities with the aim of developing a focussed ground acquisition programme. Running concurrently, the components of the strategy integrate Tigris’s ability to acquire ground via tender, greenfield target generation and joint venture partnerships.
Tigris’s board and management team have a proven record in building companies, discovering, acquiring and developing resource in emerging environments, especially along the Tethyan Metallogenic Belt.