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Tigray Intersects 28.2 Metres at 8.50 Grams per Tonne Gold at Mato Bula, Adyabo Project, Northern Ethiopia

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 7, 2014) - Tigray Resources Inc. (TSX VENTURE:TIG) ("Tigray" or the "Company") is pleased to announce diamond drill results from Phase 2 drilling at the Mato Bula discovery at Adyabo (refer to Tigray's news release dated July 16, 2013 for Phase 1 drill results). Six additional holes (WMD007 to 012) have been completed, totalling 1,117 metres. Drilling on 80 metre sections targeted extensions to mineralization defined during the Phase 1 diamond drilling campaign (WMD002 to 006). This drilling has extended Upper Lode mineralization to depth over 150 vertical metres below surface, and to 80 metres extensions at both the northern and southern extents of existing drill intersections. Eleven diamond drill holes have now tested the system over a 640 metres strike.

Highlights include;


 


    Section 19880N - WMD007 drilled 100 vertical metres down dip of mineralization intersected in WMD006 (12.28 metres grading 12.25 grams per tonne gold and 0.30% copper - refer to Tigray's news release dated July 16, 2013 ) at Silica Hill, and intersected 28.20 metres at 8.50 grams per tonne gold and 0.24 percent copper including 17.55 metres at 13.18 grams per tonne gold and 0.27 percent copper, from 179.75 metres drill depth.

    Section 19960N - WMD009 drilled 80 metres grid north of WMD006 and 007, and intersected 14.87 metres at 4.49 grams per tonne gold and 0.04 percent copper including 7.90 metres at 7.95 grams per tonne gold and 0.05 percent copper, from 164.20 metres drill depth.

 



    Section 19400N - WMD012 drilled the depth extension to previous mineralization at Mato Bula South (WMD004), and intersected 12.98 metres at 4.40 grams per tonne gold and 0.87 percent copper from 105.62 metres drill depth.

    Section 19320N - WMD011 drilled 80 metres south of previous drilling at Mato Bula South (WMD004), and intersected 13.98 metres at 2.28 grams per tonne gold and 0.74 percent copper including 5.43 metres at 4.88 grams per tonne gold and 0.82 percent copper, from 126.25 metres drill depth.

At Silica Hill, Upper Lode mineralization and alteration is now defined to 150 metres vertical depth below surface, remains open at depth, and has been defined on two sections 80 metres apart. The tenor (gram-metres) of Upper Lode mineralization and intensity and volume of alteration increases to depth on both sections. Step out drilling, initially along strike to both the north and south at Silica Hill, is required to test the near surface potential of this discovery.

At Mato Bula South, Phase 2 drilling has extended the Upper Lode mineralization at depth and 80 metres south of previous drilling. The tenor (gram-metres) of Upper Lode mineralization increases at depth on section 19400N.

Both Silica Hill and Mato Bula South are part of the Mato Bula Trend, a mineralized corridor now defined over 8 kilometres in strike length. Gold-copper mineralization is interpreted to be part of a porphyry style Cu-Au system containing porphyry-style mineralization, high-grade Au-Cu quartz veins and possible replacement styles of mineralization.

Other significant targets previously identified along strike include:

    Mato Bula North approximately 1 kilometre northeast of Mato Bula where a one hole test into the interpreted carapace of a porphyry intrusion intersected 17.35 metres grading 1.65% copper and 0.40 grams per tonne gold from 53.80 metres drill depth (WMD001 - hole abandoned before full test of drill target) (refer to Tigray's news release dated July 16, 2013); and

    Da Tambuk approximately 4 kilometres northeast of Mato Bula where a four hole test yielded best results of 12.00 metres at 17.34 grams per tonne gold and 0.32 percent copper from 52.75 metres drill depth (refer to Tigray's news release dated March 11, 2014.

Andrew Lee Smith, President and CEO of Tigray stated, "Our continued success in identifying new discoveries and robust drill intersections is a testament to the potential for significant discovery that this region of Ethiopia possesses."

For More details :  http://news.tigray.ca/press-releases/tigray-intersects-28-2-metres-at-8-50-grams-per-to-tsx-venture-tig-201404070938077001

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