SASE CENTRAL

Sase Central is situated within the Lupoto Copper Project. The northern boundary of the permit is located approximately 10kms to the south of the Kipoi Project and the project area can be accessed by a road that leads directly to Kipoi.

Tiger has defined an Indicated resource of 3.1Mt at 1.6% Cu containing 49,000 tonnes of copper (and 2,000 tonnes of cobalt) and an Inferred resource of 11.6Mt at 1.3% Cu containing 151,000 tonnes of copper (and 5,000 tonnes of cobalt) at the deposit.

The resource model is based on mineralisation to approximately 150 metres vertical depth and the deposit is amenable to conventional open pit mining.

The resource estimate shows Sase Central has the potential to extend the life of planned Stage 2 development at our nearby Kipoi Project.

There is significant potential to increase the maiden resource estimate as mineralisation remains open along strike and at depth. Drilling results indicate the potential for high grade sulphide mineralisation at depth.