Oct 07, 2010, 10:00 ET from Tigris Uranium Corp.


VANCOUVER, Oct. 7 /PRNewswire-FirstCall/ - Tigris Uranium Corp. (TSX.V: TU) ("Tigris" or the" Company") is pleased to announce the appointment of Mr. Gordon Peake, CPL as Director of Lands and Mr. Ron Driscoll as Manager, Corporate Assets to further the Company's expertise in the areas of uranium permitting, property acquisitions and land management.

    Mr. Gordon R. Peake, CPL                Director of Lands

Mr. Peake previously served as Vice-President of Lands for Uranium One Americas, Inc. from 2007 to 2010 and with Energy Metals Corporation (US) from 2004 until 2007. He brings over 40 years of experience in natural resource exploration, development and production having worked with major and junior mining companies acquiring and managing surface and mineral rights for uranium and other metals. He is familiar with all aspects of land ownership and title including negotiating leases, options and joint ventures.

Mr. Peake has also worked with Amax Exploration Inc., Amax Coal Company, Getty Mining Company, Homestake Mining Company, Texasgulf Sulphur Company and Barrick Goldstrike Mines.

Mr. Peake has a Bachelor of Science degree in Business Management and a degree in Mining from the British Columbia Institute of Technology. He has a Certified Professional Landman designation from the American Association of Professional Landmen (AAPL). He is a member of the AAPL, the Nevada Landman's Association and the Rocky Mountain Association of Mineral Landmen.

    Mr. Ron Driscoll                        Manager, Corporate Assets

Mr. Driscoll brings over 35 years experience within the extractive industries with specialties in land management, contract review and property acquisition. He was an original member of the Energy Metals Corporation team having joined the predecessor private company at its inception in 2003. He served as Manager, Corporate Assets & Property Specialist for Energy Metals Corporation from 2004 until its acquisition by Uranium One Inc. in 2007.

Mr. Driscoll was the founder and owner of Driscoll & Company, a cartography firm specializing in land and mineral ownership studies for County and Federal government agencies primarily in Colorado, USA throughout the 1970's. He was a Director and Officer of the Urango Mining Company, Inc., a uranium producer in Utah, from 1977 to 1980 and was a Director and Officer of Platoro West Inc. from 1985 through 2001.

About Tigris Uranium Corp.

Tigris Uranium Corp. has assembled an elite staff and technical team with considerable experience in the uranium sector and is committed to providing shareholders with exceptional leverage to rising uranium prices through the acquisition of established resources. Tigris will achieve this through four value-enhancing strategies: acquisition of uranium projects with established resources in stable mining jurisdictions such as the United States and Canada; conducting geological and engineering work likely to expand resources, upgrade resources to reserves and improve recoverability; advancing existing resources into and through the permitting process to accelerate the potential uranium production timeline; and selling or partnering projects, when they reach the production stage, to limit risk and share dilution.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and Tigris Uranium Corp's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Tigris Uranium Corp. assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

SOURCE Tigris Uranium Corp.