Golden Tiger Mining NL (GTX) – Making Steady Exploration Progress

• During the past year Golden Tiger (GTX) has applied a systematic grass roots approach to its Central Dayaoshan exploration Area by applying stream geochem (to delineate the main anomalies), soil sampling (to verify the anomalous areas) and then drilling, which has resulted in an initial focus on the ELs of Changtian, Liaodong, Pingshuichong, Tangmian and Tonghe.
• The more advanced Weilong Prospect (in NW Guangxi) is undergoing re-interpretation, involving a stacked lode system. Initial drilling has shown a gold/pyrite association and a best intersection of 9m @ 5.5g/t. Drilling was in progress when we visited the site in November 2007.
• At most prospects that we visited, there were artisanal workings nearby (some old & some new), which provide good exposures to the styles of mineralisation being mined such as usually breccia, quartz veins and/or stockworks. Most mineralisation appeared to be non-refractory and amenable to gravity recovery.
• At Baishishan in the Liaodong EL, the artisanal activity had advanced to the degree of installing electrical lighting underground and new tunnels being dug. Examination of the underground shows a sizeable brecciated/stockwork area, possibly >25m thick. Drilling started during January 2008.
• The Shuilong Prospect in the Tonghe EL reported the extremely high sample grades up to 477g/t and 11%Cu in the old workings, with a number of other samples in the >20g/t vicinity. Shuilong is the most advanced of the three prospects at Tonghe, with the other two, namely: Liuqin and Jinkunchong to be soil sampled and mapped during 2008.
• The Teningding Prospect in Changtian’s EL consists of three areas (two have been artisanally mined) of which probably the open-cut /underground “tunnelling” was used most recently and treated through a small plant with a large shaking table. Sampled grades have been encouraging.