Tiger invests in NationalGold

Tiger Resource Finance PLC
25 April 2001

                          TIGER RESOURCE FINANCE PLC

               National Gold Corporation Inc ('National Gold')




The Board of Tiger is 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




25 April, 2001