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July 15, 2011 04:52 pm
Press Release – Operations Update – Esperanza Gold Project (Expa 0006)
July 14, 2011
Since obtaining the formal issued license on Expa 0006 from the Government of the Philippines on February 15, 2011, work activity has comprised mapping and preparation in conducting formalities typical of preparing for a major drilling program. The local council and mayor requested informational briefings, especially with regard to projected local employment projections, all of which are in progress. Further, the company retained Jaime Zafra, Professional Geologist, B.Sc., MAusIMM, PGeo., to update the prior NI 43-101 for the project. This property report has now been received and will be submitted to the BC Securities Commission for compliance review before publication.
The 43-101 report outlines a three stage drilling and trenching program and the company is preparing for the program which is planned to take the project through to the bankable feasibility stage.
Approved by shareholders at the Company’s annual meetings in 2009 and 2010, 1,664,150 shares have been issued to Patric Barry, the Company’s president and CEO, as settlement of debt. Mr. Barry states that he intends to hold these shares and does not intend to sell them.
Any questions regarding this news release may be directed to Patric Barry, President of Tiger International Resources Inc at (949) 362.1600 or email to 26981@att.net. We seek safe harbor.
Tiger International Resources Inc.
Patric Barry
President