The company has successfully obtained and assembled existing unprocessed airborne geophysical data which covers the entire 2,148 sq km prospective diamond known as the Springfield property, described as Springfield EL1771 and Glen Oak ELA.324/93.

The recovery of this unprocessed data is a major cost-cutter and time saver for Tiger, as the current cost of flying and obtaining such raw data could exceed US$1 million.

The company has retained the independent geophysical organization of Koch Geophysical/Allender Exploration to process, analyze and interpolate the aeromag data in order to expedite the next step in the exploration process. Results are expected by mid-April 1998.

Tiger International has a two-pronged work approach for this 2,148 sq km property, which includes trenching and sampling after the aeromag analysis and interpolation is completed. Based on exploration data and the geological report prepared by Dr Kevin Wills, the company anticipates identifying several potential kimberlite targets and the potential for other minerals on this property. Tiger International holds the rights to all minerals on the 2,148 sq km property, although the major known prospectivity is for diamonds. The property is freehold, and not subject to native land title claims. Due to a mild climate, the work season is year round, and the South Australian Mines Department will issue the work permit upon application which will be completed within two weeks.

Patric Barry
President
Tiger International Resources Inc.