Tigris Uranium Corp. (TSXV:TU) announced it has received a resource estimate for the Crownpoint and Hosta Butte uranium projects in New Mexico.

As quoted in the press release:

The “Crownpoint and Hosta Butte Uranium Project Mineral Resource Technical Report – National Instrument 43-101″, dated May 14, 2012 calculates indicated mineral resources on the Project totalling 29.68 million pounds of U₃O₈ at an average grade of 0.104% e U₃O₈ and inferred mineral resources totalling 6.13 million pounds of U₃O₈ at an average grade of 0.110% e U₃O₈ as set out in further detail below.

Click here to read the Tigris Uranium Corp. (TSXV:TU) press release.

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