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Fact Sheet
| Tiomin Resources Inc. |
Formation date October 5, 1992 |
| Trading Symbol |
"TSX:TIO" |
| CUSIP Number |
887901 |
| Opening Trade Date |
June 3, 1996 on TSX |
| Escrowed Shares |
Nil |
| Shares Outstanding |
445.3 million as of December 31, 2007 |
| Warrants Outstanding |
214.9 million, 98% as of December 2007
|
| Options Outstanding |
34% fully vested options as of December 31, 2007 |
| Working Capital |
$29.1 million as of December 31, 2007. |
Current Projects
Titanium
Tiomin owns 100% of the Kwale Project in Kenya with 116.9 million tonnes of proven and probable reserves (38.9 Mt proven @ 7.1% THM, and 78.0 Mt probable @ 4.16% THM). The Project is currently under Force Majeure pending the Government of Kenya completing various steps required to obtain a new project financing package.
Copper
Tiomin Resources Inc. is earning a 49% interest in the Pukaqaqa project in Peru from Compania Minera Milpo S.A. The partners have completed a scoping study and are assessing the technical requirements for a feasibility study.
Pukaqaqa Mineral Resource Estimate (100 % basis)
| Category |
Cutoff
(% Cu) |
tonnes ('000) |
% Cu |
g/t Au |
'000 lbs Cu |
Au ‘000 ozs |
| Measured |
|
|
0.3 |
2,793 |
0.62 |
0.08 |
38,176 |
7.1 |
|
0.4 |
2,190 |
0.70 |
0.09 |
33,796 |
6.3 |
| Indicated |
|
|
0.3 |
96,355 |
0.55 |
0.09 |
1,168,333 |
278.8 |
|
0.4 |
62,867 |
0.66 |
0.10 |
914,737 |
202.1 |
| Measured + Indicated |
|
|
0.3 |
99,147 |
0.56 |
0.09 |
1,224,045 |
286.9 |
|
0.4 |
65,056 |
0.67 |
0.10 |
960,930 |
209.1 |
| Inferred |
|
|
0.3 |
58,662 |
0.60 |
0.11 |
775,957 |
207.4 |
|
0.4 |
39,014 |
0.73 |
0.13 |
627,874 |
163.0 |
|
Corporate
Headquarters
Address |
Tiomin Resources Inc.
18 King Street East, Suite 810
Toronto, Ontario, Canada
M5C 1C4
Tiomin Kenya Ltd.
P.O. Box 1214
Ukunda,Kenya |
| Company Phone No. |
416 350-3779 (Toronto)
800 555-0863 (Toll Free) |
| Company Fax No. |
416 350-3570 (Toronto) |
| Company Email |
info@tiomin.com |
| Solicitor |
Beach, Hepburn Barristers & Solicitors |
| Transfer Agent |
Computershare Trust Company of Canada |
| Auditor |
Ernst & Young LLP Chartered Accountants |
| Management Team |
• Jean-Charles Potvin, Executive Chairman, Director
• Robert Jackson, President & CEO, Director
• Bruce Ramsden, CFO, VP Finance and
Corporate Secretary
• Robbert Borst, VP Project Development
|
| Directors |
• Jean-Charles Potvin, Executive Chairman, Director
• Robert Jackson, President & CEO, Director
• Charles Thomas Ogryzlo, Director
• Paul Fortin, Director
• Donald Worth, Director
• Lu Qingua, Director
• Roland Bertin, Director
|
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