trending Market Intelligence /marketintelligence/en/news-insights/trending/d20ya7_ddz1dz_59lxh4_w2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Tiger International forming JV to process historical tailings in Arizona


Essential Metals & Mining Insights - January 2021

Industry Top Trends 2021: Metals and Mining

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Tiger International forming JV to process historical tailings in Arizona

Tiger International Resources Inc. agreed to form a joint venture with National Strategic Mineral Supply Inc. to perform exploration rehabilitation of certain mining sites in Arizona.

The company said Sept. 4 that the venture aims to clear the areas of historical tailings under a government program, and then process the removed material to recover platinum group metals and rare earths, as well as gold and silver and associated metals.

Tiger International will apply for specific tenements through a new subsidiary, while National Strategic Mineral Supply will act as operator of the project.

Profits will be shared with 85% going to Tiger International, which will cover any required financing, and the remainder going to National Strategic Mineral Supply.

Net cash flow from the companies' rehabilitation efforts will be used for drilling and exploration on granted claims in a bid to prove up reserves and open new mines in the area.

The joint venture plans to proceed rapidly by filing claims for minerals over the targeted areas ahead of kicking off surface rehabilitation work.