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AXD Alexander Mining

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Share Name Share Symbol Market Type
Alexander Mining TSXV:AXD TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Alexander Mining plc-AmmLeach(R) Testwork to Investigate Pilot Plant For Tiger Resources

07/07/2011 11:30am

Marketwired Canada


Alexander Mining plc ("Alexander", the "Company"); listed: (AIM:AXM)(TSX
VENTURE:AXD), the mining and mineral processing technologies company, is pleased
to announce that it is undertaking AmmLeach(R) testwork for Tiger Resources
Limited ("Tiger"); listed: (TSX:TGS)(ASX:TGS) on ore from Tiger's Kipoi
copper/cobalt project in the copperbelt of the Democratic Republic of the Congo
("DRC"). In addition, Alexander is completing detailed pilot plant design
engineering for the project and expects to have preliminary designs completed
within two weeks. 


Tiger began producing at its flagship Kipoi project in April 2011. The Stage 1
plan of the Kipoi project is for annual production of 35,000 tonnes of copper.
The Kipoi Central high grade zone includes a cobalt mineral resource estimate of
7,400t of contained cobalt, of which the Kipoi Central Stage 1 Pit contains
590Kt ore at 0.75% cobalt for approximately 4,500t of contained cobalt. Tiger
has indicated it would like a pilot cobalt plant to be operational early in
2012.


Martin Rosser, CEO, said that: "Alexander is delighted to be working with Tiger
Resources to unlock the potential of its asset with a second pilot plant
opportunity for the Company in the DRC. We continue to pursue other exciting
base metals opportunities and advanced discussions are underway in Australia and
Latin America."


This news release may contain forward looking statements, being statements which
are not historical facts, including, without limitation, statements regarding
potential mineralization, exploration results, resource or reserve estimates,
anticipated production or results, sales, revenues, costs, "best-efforts"
financings or discussions of future plans and objectives. There can be no
assurance that such statements will prove accurate. Such statements are
necessarily based upon a number of estimates and assumptions that are subject to
numerous risks and uncertainties that could cause actual results and future
events to differ materially from those anticipated or projected. Important
factors that could cause actual results to differ materially from the Company's
expectations are in Company documents filed from time to time with the TSX
Venture Exchange and provincial securities regulators, most of which are
available at www.sedar.com. The Company disclaims any intention or obligation to
revise or update such statements unless required by law.


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