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President’s Letter - April 22, 2010

Dear Tiger Shareholders:

Previously reported was Tiger’s success in obtaining issuance of the mineral rights of the Esperanza Gold Project in the Philippines. The mineral rights for our advanced exploration project named The Esperanza Gold Project were formally granted to our subsidiary in January 2008, subject to obtaining the consent of the indigenous people in the area. Several community meetings were held and the project described to the local residents, surface rights holders and elders, and their consent was granted.

The project is located in the north of the Philippines 11 kilometers outside Baguio, a mountain resort city, and is situated along the Baguio Gold Belt on the Philex Mine Road, an improved cement public road. Infrastructure is excellent, water, electricity and phone are available on site, and there is evidence of prior gold production. Prior data, including drill results, developed by earlier companies has been located and studied. Our plan is to angle drill and sample old drill targets and trenches to confirm prior results and analyze tailings from prewar production. At this time there is no compliant reserve analysis or estimate. Tiger, through its Philippine subsidiary, owns 100% of the processing rights to Esperanza.

Mr. Ian Cooper, B.Sc., A.R.S.M., F.G.S., M.A.I.M.M. Senior Geologist, conducted a report in 2003 that discloses scientific and technical information, and the company has relied on this information.

We have complied with all requests by the Philippine Government and have satisfied all requirements, although we are waiting one document from the National Commission of Indigenous Peoples that is an endorsement of the Indigenous Peoples’ consent. This document is required as part of the final processing by the Government before issuing the final license.
Tiger has not established any mineral resources or mineral reserves on the Esperanza and there is no guarantee that further exploration will result in the delineation of resources or reserves.

Sincerely,
Tiger International Resources Inc.

sig_pat.jpg

Patric Barry
President, Tiger International Resources Inc.
E-Mail: 26981@sbcglobal.net
(949) 362.1600

 

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