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Tyler Resources is a Canadian Junior Exploration Company carrying out one of the largest drilling programs in Mexico for 2006 with a total of 35,000 planned meters of combined core and reverse circulation drilling at its Bahuerachi project.
Evaluation of the already identified Main Zone porphyry copper, silver, gold and molybdenum complex is rapidly advancing, and additional work on outlying targets including gold-silver showings and silver-lead-zinc occurrences around the porphyry complex aims at demonstrating open world-class porphyry district potential at Bahuerachi.
Staged exploration work on this major project continues to expand known mineralized zones and increases the potential of Bahuerachi to become a new large, low cost producer of copper, gold, silver and molybdenum.
The Bahuerachi Copper-Gold Porphyry System, Mexico
BAHUERACHI IS MEXICO’S NEWEST POLYMETALLIC BULK TONNAGE DEPOSIT DISCOVERY.
Tyler’s near-surface polymetallic bulk tonnage, Bahuerachi porphyry-skarn Deposit is one of the few true new discoveries by Canadian companies in Mexico in recent years. In a two year period, the Bahuerachi project went from a grassroots drill target to being defined and recognized as Mexico’s second largest undeveloped bulk tonnage deposit with an initial resource estimate outlining billions of pounds of contained copper as well as significant amounts of molybdenum, zinc, silver and gold at cutoff grades consistent with those used for mining throughout North America in similar environments.
Tyler believes that the Bahuerachi deposit is unique due to a combination of factors described below that should be considered in addition to its current size and grade. The main Deposit also remains open for expansion in most directions as well as at depth, and Tyler is currently working to expand this already significant new discovery.
In a period of unprecedented demand for metals world wide and rapid depletion of reserves in currently operating mines, quality projects where possibilities for accelerated development exist stand an excellent chance to be recognized earlier and fast tracked to production. The Bahuerachi deposit, even this early in the exploration process, clearly stands out as a potential “fast tracker”.
BAHUERACHI HAS SIZE, FAVORABLE GEOMETRY, STARTS AT SURFACE AND HAS ROOM TO GROW.
The Main Porphyry Zone at Bahuerachi, where mineralization begins at, or within meters of the surface, has already been identified as a significant mineral deposit. In the first round of modeling since drilling began in 2004, and at a 0.2% straight copper cut-off, a mining cutoff currently used in a number of other porphyry mining projects in Mexico, the United States and Canada, Bahuerachi delivered 134,693,967 metric tonnes of mineralized material at an average grade of 0.49% copper in the Indicated category, and an additional 134,221,239 million metric tonnes at an average grade of 0.36% copper in the Inferred category. As a deposit, Bahuerachi is now Mexico’s fourth largest known bulk tonnage porphyry system after those of the currently active Cananea and La Caridad districts, and the undeveloped El Arco deposit of northwestern Mexico.
Mexico
| Mr. Jean Pierre Jutras, P. Geol. | President and Chief Executive Officer |
| Dr. Shane Ebert, Ph.D. | Vice President Exploration and Director |
| Mr. Gregory H. Smith, CA | Director |
| Mr. Scott Reeve, B.Comm., LL.B. | Director |
| Ms. Lesley Hayes, MBA | Director |
| Mr.Alan Craven, P.Eng. | Director |
| Mr. Gary Simmerman, B.Sc. Mining Eng. | Director |
| Ms. Jennifer Munro, CA | Chief Financial Officer (Maternity Leave) |
| Mr. Noel Lumsden, CA | Acting Chief Financial Officer |
| Barbara O'Neill | Corporate Secretary |
Company AddressSuite 500, 926-5th Avenue
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Annual General MeetingMay | Year EndJuly 31 |
| Robert Ingram | 3.62% |
| Theodore Renner | 1.50% |
| Gregory Smith | 1.10% |