Date: Wednesday 25^th April 2001

National Gold Corporation Inc ("National Gold")

The Board of Tiger are pleased to announce through a unit placing, which includes warrants, Tiger has invested STG£167,000 in National Gold, a Canadian junior which has recently acquired the Salamandra gold property in Mexico from Placer Dome and Kennecott. Upon exercise of the warrants, the total investment will be STG£280,000.

The initial investment gives Tiger an interest of 12.7% in National Gold. The Salamandra property contains seven gold bearing epithermal systems, one of which hosts the Mulatos deposit with a resource of 3.4m ounces. Within the deposit, there is a high grade oxide zone containing 1.2m ounces at a grade of 3.3 grams per tonne. The total acquisition cost equates to less than US$3 per ounce of resource in the ground.

For further information:

Kjeld Thygesen - Lion Resource Management Ltd	+ 44 207 590 88 10
Jeremy Metcalfe, Chairman, Tiger Resource Finance plc	+ 44 1303 874 798