It has signed a definitive agreement to earn a 70% interest, with the right to earn as high as 80% interest, in a property located in South Australia defined as Springfield EL 1771 and the Glen Oak ELA.324/93. The vendor is the Springfield Resources Syndicate. The agreement is subject to the approval of the Vancouver Stock Exchange.

The property is 2,148 sq kilometers in size, and is prospective for diamonds. The agreement with the Springfield Resources Syndicate covers all minerals.

A geological report prepared by Dr. Kevin Wills of Adelaide, Australia, states that recent proton microprobe work at the CSIRO in Sydney has established that the Permian geothermal gradient in the Springfield area implies that kimberlite intrusions passed through the diamond stability field and probably picked up diamond-bearing eclogite or peridotite which dissaggerated en route to the surface. Dr. Wills further states that the Springfield Basin is a Permo-Triassic coal basin with a basal conglomerate sequence which is relatively rich in diamonds and kimberlite indicators. The indicators are mainly pyrope and chromite showing very few signs of wear. They are associated with large polished boulders suggesting that the primary source is relatively close.

The relevant documents will be filed with the Vancouver Stock Exchange for approval within five days. Upon approval, Tiger International will proceed rapidly to develop a work program for exploration of the Springfield Basin. The property is freehold, and, accordingly, is not subject to native land title claims. The work season is twelve months long, so no seasonal interruptions are envisaged. Permits will be required from the South Australian Mines Department; Tiger management has met with this department and has been advised that permits will be issued upon application without delay.

Tiger management expects that work will commence on the property within ten weeks of this announcement.

Tiger International Resources Inc.

Patric Barry
President