Tigray Resources Inc. Starts Trading on the TSX Venture Exchange Today

Tigray has launched an 11,000-metre first phase drill program at Harvest project.

Tigray Resources Inc., a Canadian mineral exploration company focused on advancing early stage mineral projects in Ethiopia, announced yesterday that it would begin trading on the TSX Venture Exchange today under the symbol TIG.

Early this month Tigray Resources Inc had received conditional listing approval from the TSX Venture Exchange.

Andrew Lee Smith, president and CEO of Tigray Resources Inc, said that Tigray represented an opportunity for investors to gain exposure to the emerging mineral exploration sector in Ethiopia.

Tigray recently launched an 11,000-metre first phase drill program at the Harvest project with one rig currently drilling and about two more planned in the coming weeks.

According to Smith, the first phase drill program at Harvest is now under way at Terakimti, one of six concessions on the Harvest property, where Tigray's due diligence drilling last year resulted in the discovery of significant oxide gold and primary VMS mineralization and identified potential for supergene mineralization.

Tigray was created as a spin-out from Canaco Resources Inc. and owns 70 percent of the Harvest project in Ethiopia, a poly metallic volcanogenic massive sulphide (VMS) property covering 362 square kilometres in the Neoproterozoic Asmara volcanogenic belt that stretches southward from Eritrea.

Source: Marketwire