Tiger encouraged by drill results at Kileba

/in /by

THE DRILL SERGEANT: Tiger Resources has received more encouraging results from a diamond drilling program conducted at the Kileba deposit, situated within the company’s Kipoi copper project mining licence area in the Democratic Republic of Congo.

Tiger said it will be using the results to upgrade the existing JORC-standard Inferred mineral resource at Kileba of 9.5 million tonnes at 1.40 per cent copper containing 133,000 tonnes of copper, in support of a definitive feasibility study currently underway for a Stage 2 solvent extraction-electro winning (SXEW) facility at Kipoi.

Results from Tiger’s final 40 holes of the 64-hole Priority 1 program at Kileba include:

–    63.4 metres at 2.71 per cent copper (43.8 metres to 107.2 metres);

–    56.5m at 3.17 per cent copper (36.0m to 92.5m);

–    50.0m at 2.38 per cent copper (22.0m to 72.0m);

–    63.5m at 3.03 per cent copper (44.5m to 108.0m), including 18.3m at 5.48 per cent copper (73.0m to 91.3m);

–    107.1m at 1.61 per cent copper (from surface), including 52.2m at 2.40 per cent copper (0.0m to 52.2m);

–    69.0m at 2.74 per cent copper (22.0m to 91.0m), including 24.2m at 5.0 per cent copper (22.0m to 46.2m);

–    49.0m at 2.65 per cent copper (from surface), including 38.0m at 3.26 per cent copper (0.0m to 38m); and

–    36.0m at 1.95 per cent copper (from surface), including 5.0m at 5.63 per cent copper (20.5m to 25.5m).

The company recently completed a Priority 2 diamond drill program at Kileba of 2,824.5m for 29 holes in July and is now waiting on those results.

 

Priority 2 drill plan for Kileba. Source: Company announcement

 

“The drilling program at Kileba, totalling 93 holes, was designed to convert existing JORC-standard Inferred mineral resources to the Measured and Indicated categories,” Tiger Resources said in its ASX announcement.

“Results received for Priority 1 DD holes (KLBDD0062 to KLBDD100) confirm that copper mineralisation is consistent with the proposed resource model.

“The drilling campaign confirms the company’s understanding of the structural controls of the Kileba deposit, which appears to be a tight anticline with mineralisation dipping in the axis of the anticline.

“Kileba South represents the top of the anticline with a shallow plunge to the South and North and copper oxide enrichment reducing as the ground tightens away from the top.”

According to Tiger the recent assay results confirm the continuity of copper oxide mineralisation at Kileba while demonstrating mineralisation remains open at depth and along strike to the northwest and southeast.