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RESULTS OF TIGER'S 1999 AUSTRALIAN DIAMOND EXPLORATION PROGRAM
Dr Kevin Wills reports: Tiger International Resources' (TGR.V) Flinders Diamond Project covers an area of about 5400 square kms in South Australia. The project area sits astride the G2 gravity lineament, which appears to represent a deep zone of crustal weakness that has acted as a long-term focus for kimberlite emplacement. Sampling prior to, and in, 1998 showed there are seven diamond locations in the project area, which have yielded a total of 344 diamonds to date. A review of Tiger's recent exploration, and that of previous exploration since the 1960's, has shown that the project area covers a significant kimberlitic indicator mineral field with a total of 89 clusters of anomalous results being identified. These clusters may contain from one to numerous anomalous drainage samples, and require further mapping, sampling and mineral geochemistry to prioritize targets. Numerous sites contain chrome-rich low-calcium G10 pyrope garnets, high-chrome chromites and chrome diopside. These features suggest that some of the 89 anomalies are sourced by diamondiferous kimberlites. In 1998 Tiger's bulk sampling located an additional 56 diamonds in the Springfield Basin. Also, new drainage sampling in an area, which contained three previous anomalies, located 27 new anomalies. The increase in potential caused doubt of the effectiveness of the pre-Tiger era sampling, so during 1999 Tiger's work focused on the most advanced targets with near-source indicator anomalies that were located by three phases of drainage sampling in 1998. A fourth phase of drainage sampling in February 1999 led to the identification of six prospects with on-source kimberlitic indicator mineral anomalies, identified as KA12A, KA12B, KA101, KA113, KA117 in the Springfield JV and the Hut Hill prospect in the Amity JV. On-source indicator anomalies are those where primary kimberlitic features can be recognized on indicator grains, such the sample sites are thought to be within 200 meters from the actual source. The most promising four targets (KA12A, KA12B, KA113 and Hut Hill) were then subjected to a detailed prospecting program consisting of geological mapping, ground magnetic surveying and kimberlitic trace element soil sampling. Results of this work were encouraging and identified the following situations: 1. KA12A (located two kilometers east of the Springfield Basin) has a topographic low area, consisting mainly of cover and with a coincident elliptical magnetic anomaly and kimberlitic trace element anomalies. 2. KA12B (located three kilometers east of the Springfield Basin) has a circular arrangement of trees around a covered area adjacent to a linear magnetic anomaly. This area may represent a kimberlitic dyke or pipe. 3. KA113 (located six kilometers south west of the Springfield Basin) has an interesting magnetic low anomaly coincident with a topographic low. The area is covered by colluvium and alluvium and has kimberlitic trace element anomalies. The covered area is at least 400 meters across so there is a chance for a reasonable sized kimberlite pipe. In way of comparison, many commercial diamond producing kimberlites throughout the world are smaller in size than this anomaly. 4. Hut Hill (located 18 kilometers north west of the Springfield Basin on Amity JV ground) has numerous on-source picro-ilmenite anomalies, near to an interesting magnetic high anomaly. This prospect lies on the steep northern slopes of Hut Hill and suggests a likely kimberlite source. The surface magnetronomy, reduced to pole, is displayed on Tiger's website at www.tigerresources.com The next stage of the detailed program is to carry out further trenching and follow up drilling to firmly Identify the kimberlites that are expected to be causing the anomalism located to date. On a regional basis, the next stage of the work is to choose 20 of the most promising of the 89 Indicator mineral anomalies identified. Initially this will consist of check drainage sampling to confirm anomalies and to obtain new indicator minerals for microprobe geochemical analysis. These results will enable the best targets to be ranked for further follow up. In is anticipated that after two or three further phases of detailed drainage sampling another suite of on-source targets will be available for follow up. With numerous targets to evaluate, it is highly likely that several new kimberlites in addition to the targets outlined above will be located during the Year 2000 exploration, and due to the known indicator mineral chemistry we predict some will be diamondiferous. It is planned to commence the next year's program early in 2000 and a detailed program to determine work and budgets are in progress. Tiger International Resources Inc, is listed on the CDNX under the symbol TGR.V, and has 4.27 million shares on issue. Tiger maintains a website at www.tigerresources.com, and updates and maps are posted there for shareholder review. Tiger management is pleased with results of the diamond development and exploration program to date and is seeking funding sources for financing of the next stage of work. Patric Barry, President of Tiger International, may be contacted direct at info@tigerrresources.com or at (949) 362.1600.
Tiger International Resources Inc.
Patric Barry President
The CDNX has not approved nor disapproved this release and takes no responsibility for its content.
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