TSXV:TGR.H - Post by User
Comment by
dom1on Oct 19, 2006 8:26pm
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Post# 11530111
RE: WHATS HAPPENING
RE: WHATS HAPPENING2 thigs are happening
(First) I bought more shares of TGR today :>)
(second) presidents message
President’s Letter – October 18, 2006
Dear Tiger Shareholders:
We have been advised that the Department of Natural Resources (in Sabah, Malaysia) has completed its work preparing the file, and it has forwarded it to the Chief Minister’s office for his review and, hopefully, his approval. We cannot accurately project how long this process will take but now that the file is at the Chief Minister’s Office then it shouldn’t be too much longer.
Upon issuance of the License from the Government of Sabah, Tiger Plans to advance the project to a financible feasibility study. Aspects which will be studied are the use of the iron ore in the site (approx. 45% of the mineralization is iron ore( as well as the nickel and cobalt content in the laterite. As previously reported, the project contains 270 million tonnes of laterite containing iron ore, nickel and cobalt.
The Honey Gold Norman Copper Claims in the Philippines are being advanced from knowledge gained from geologist Jose Sulit who owns the neighboring area to the west. He has explained that a gold trend exists averaging 4 grammes per tonne that runs from his property to the east, lowering in elevation to depth. Tiger is discussing joint venturing his property since exploration can be initiated from his property which would develop his gold zone and since he states that the trend continues under the Honey Gold Norman Copper Claims then the combined properties may open the potential for a gold mine of very high tonnage.
As developments occur we will make news releases which will also be posted on this website.
Sincerely,
Tiger International Resources Inc.