New Taldy Bulak Assay Results

9 March 2015

Tengri Resources

("Tengri" or "the Company")

New Taldy Bulak Assay Results:

106 Metre Mineralised Intersection

• TB0087 was originally drilled in 2012 by the previous owner of Taldy Bulak for metallurgical tests, and not previously assayed;

• Recent assays of TB0087 conducted by Tengri extend the positive results of the 2014 diamond drilling campaign:

· 106m @ 1.17 g/t Au and 0.25% Cu from 2m, excluding 3 post-mineralisation dykes;

Higher grade sub intervals include:

· 11m @ 2.00 g/t Au and 0.45% Cu from 2m; and

· 21m @ 2.32 g/t Au and 0.16 % Cu from 90m.

• Drillhole TB0087 ended at 143.3m depth in continuing strong gold mineralisation (1.28 g/t Au and 0.39% Cu);

• Commencement of Feasibility Study of Taldy Bulak Project Phase 1 and the Conceptual Study of Phase 2 to include development of global Taldy Bulak deposit with Andash as satellite mine.

Tengri Resources (AIM: TEN), the mining exploration and development Company focused on high quality gold-copper projects in Central Asia, is pleased to provide recently received assay results from the gold-rich Sheeted Vein Domain of the Taldy Bulak gold-copper deposit in the Talas Valley, Kyrgyz Republic.

Drillhole TB0087 was completed in 2012 by the previous owners of Taldy Bulak, Goldfields Limited, in order to provide mineralised material for metallurgical tests. These tests were not carried out, leaving the drill core completely intact. Metallurgical tests are best done on freshly recovered samples, so due to the three-year time lapse, this hole was no longer suited to its original purpose; but remained very suitable for standard gold and copper assay. Additionally, the shallow position of the hole within the Sheeted Vein Domain makes it an important addition to the database to be used for Tengri's mineral resource estimation.

Tengri recently sent half-core samples from TB0087 for analysis, which has generated the following results:

Assay results table for TB0087:

* Total interval split by three barren post dykes. From 19-32m, 83-90m and 111-126.5m all assaying trace Au and Cu

Collar table for TB0087:

The assay results confirm a strongly mineralised breccia pipe within the Sheeted-Vein Domain, extending from near surface (2m) to the end of the hole at 143.3m. TB0087 intersected gold and copper mineralised phreatic and hydrothermal breccias over the remaining drill interval.TB0087 exhibits strong gold and copper mineralisation, assaying 1.28 g/t Au and 0.39% Cu in the last sample, to the end of the hole at 143.3m.

Geologically, the hole is interpreted to have drilled into a breccia pipe within the Sheeted Vein Domain. The breccia pipe is a large, vertically extensive body of broken and mineralised rock. The vertical magnitude and the strong gold and copper grades encountered within the breccia pipe are in line with other similarly mineralised structures within the Taldy Bulak deposit.

John Levings, director of Tengri, said:

"We are very pleased to share more strong drilling results from Taldy Bulak. These newly available assay results further evidence the strength and continuity of the mineralisation of the deposit, as previously outlined by our 2014 drilling programme. The new results can enhance the quality of the mineral resource estimate, which will form part of the Feasibility Study for Phase 1 of the development of the deposit - focused on development and mining of the gold-rich, near-surface Sheeted Vein Domain. A solid start has been made on the Feasibility Study and the Company looks forward to updating shareholders on its progress in the coming weeks."

Competent Person Statement

The information in this announcement that relates to Exploration Targets and Exploration Results is based on data compiled by Adriaan van Herk, Doctorandus Geology, a Competent Person who is a Member of The Australian Institute of Geoscientists. Mr van Herk is Geology Manager of the Company. Mr van Herk has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr van Herk consents to the inclusion in the announcement of the matters based on his information in the form and context in which it appears.

ENDS

For further information, please visit www.tengriresources.co.uk or contact:

Notes to Editors

Tengri Resources (AIM: TEN) is a mining exploration and development company focused on low-cost gold-copper projects in Central Asia.

The Company seeks to add portfolio value by applying a phased approach to project development. Tengri's portfolio includes the large scale Taldy Bulak deposit (TEN 100%), which has SAMREC compliant resources of 6.7Moz of gold and 1.66bnlb of copper. Taldy Bulak is Tengri's priority project, undergoing a feasibility study for two-phased development, first targeting a high grade zone at modest capital cost. The Company also continues to progress development of the Andash project (TEN 100%) which has JORC compliant resources of 682koz of gold and 170Mlb of copper.

The Company listed on AIM in July, 2014. Tengri's board and management are highly experienced in Central Asia, with mining operational and financial career backgrounds.