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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. 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. Sincerely, Patric Barry
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