news from management

Got some news from David Young, Managing Director of Tiger Resources.

Rien:

I have a few questions regarding the plans for 2007.

There are two events within the next few weeks, one in Vancouver in
January and one in Livingston in February.
What do you expect from these events?

It had been announced, that there will come out first drill results at
the end of December. When will shareholders get the first results?
Is it true, that we might have a decision for producing till the end of
2007?

How do you want to bring the share price up to a level on which it will
make sense for shareholders to change their options into shares?

What do you expect from your two Aurum-Kolwezi (the most western ones
between Kolwezi and Tenke) properties? I have heard it might be much
bigger than Kipoi...


D.Y.:

I have the following replies to make to your questions:

(1) Tiger has been invited to attend the African Mining Conference in
Livingston. We will be delivering a speech at the conference and our
Kipoi Project is included in the Project tours. Prior to going to
Livingston we will be represented at Indaba in Cape Town where we will
have a stand.

(2) We had expected to have first results from the diamond drilling
programme in Dec but the lab in S.Africa was not able to process the
samples over the Xmas period. We now expect to get all the results by
the end of January. When all results have been received and compiled
will make a release to the ASX. Our drilling programme at Kipoi gets
underway on 8th of January when we will have two rigs operating at
Kipoi.

Our immediate objective at Kipoi is to be able to release inferred resource
calculations in accordance with JORC standards by middle of this year.

We have appointed a very experienced mining engineer to the board of
Tiger. One of his responsibilities will be to look at mining options for
Kipoi.

(3) Based on the quality of the asset we have at Kipoi we do consider
that the share price for Tiger is undervalued. What we expect is that
after the release of the first drilling results, which are geologists
have indicated should be very positive, the market will start to better
appreciate the value of the copper resource at Kipoi and this should
lead to an appreciation of the share price.

(4) We have delineated a number of excellent soil anomalies on at least
three of the Aurum properties. The best are on the permit which lies
15km to the east of Phelps Dodge Tenke project. Tenke is expected to
become the one of the worlds largest copper producers. Our geologists
suspect that the anomalies we have identified are on an extension of
the structures that host the Tenke mineralization.

It is to early to know if the soil anomalies represent significant
copper deposits. We will have a much better appreciation of what the
anomalies do represent after the completion of an air core drilling
programme designed to test the anomalies has been completed. The
programme is scheduled to start in January.

Best regards,

David