Tiger Resources has commissioned a study by independent consultant Mintrex Pty Ltd. to investigate the economic viability of producing cobalt from the copper ores currently being mined and processed at its Kipoi project 75 km northwest of the city of Lubumbashi in the Democratic Republic of Congo. The project’s copper resource materials currently host 40,400 mt of measured and indicated and 5,600 mt of inferred cobalt across the Kipoi Central, Kipoi North, Kileba, and Judeira deposits. The cobalt grade in the Kipoi Central measured resource is 0.14% cobalt. Cobalt grades in the other deposits range from 0.03% to 0.07%.

Tiger has defined additional cobalt resources at the nearby Sase Central deposit, including 5,000 mt of indicated and 1,000 mt of inferred cobalt.

Tiger anticipated that the Mintrex study will take three months to complete and will examine potential processing pathways, with Mintrex to recommend options for future metallurgical testwork.

Tiger produces about 26,000 mt/y of copper cathode at Kipoi via SX/EW processing and is currently undertaking debottlenecking works at the plant to increase production capacity to 32,500 mt/y.

Tiger Resources is an Australia-based company headquartered in West Perth, Western Australia.

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