CA Market News
3日前
Tiger Gold Enhances Team with the Appointment of New CFOJune 30, 2026 9:28 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 30, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to announce the appointment of Amish Patel, CPA, CA, as Chief Financial Officer ("CFO") of the Company, effective July 1st, 2026.Robert Vallis, President and CEO of Tiger Gold, commented, "We are very pleased to welcome Amish to the Tiger team. He brings an outstanding track record across the mining and resource sectors, with deep expertise in financial reporting, capital markets, audit, and public company governance. His experience working with TSX-listed companies and his strong operational background make him an excellent fit as we continue to strengthen our senior and operational management team to support our growth strategy. We look forward to his contributions as we work to create long-term value for our shareholders."About Amish PatelAmish Patel brings 15 years of experience in corporate finance, financial reporting, audit, governance and capital markets. He has served as CFO for both private and public companies in junior mining, aerospace manufacturing, nutraceutical and battery technology industries. He has consulted for multiple junior mining companies on go-public strategies, mergers and acquisitions, complex areas of accounting, and audit support. He was the CFO of International Iconic Gold Exploration Corp. (ICON.V), a gold junior mining exploration company with assets in Argentina. He was the CFO of Avcorp Industries Inc. (AVP.TO), a multi-site aerospace manufacturer with contracts with Boeing, Bombardier, and Lockheed Martin, which was sold to Latecoere S.A. (LAT.PA) with a CAD$139M exit. He started his career at PricewaterhouseCoopers, auditing companies across many industries-including junior mining and producing mining companies-where he obtained his chartered accountancy. He holds a Bachelor of Commerce degree in finance from the University of British Columbia. Mr. Patel stated, "I am excited to join the Tiger Gold team at what is a very dynamic time for the Company. Tiger has built a solid operational foundation in Colombia, and I look forward to working alongside Robert and the broader team to support the Company's financial operations and strategic objectives."About Tiger Gold Corp.Tiger is a growth-oriented gold exploration and mine development company focused on advancing its flagship asset, the Quinchía Gold Project, a multi-million-ounce gold project in the prolific Mid-Cauca belt of Colombia, in which Tiger owns a 100% interest. Tiger is led by a multidisciplinary team of exploration geologists, mine builders, engineers, metallurgists, ESG specialists, and corporate finance professionals with a track record of exploration success, project advancement, and bringing mines into production at globally recognized mining companies including AngloGold Ashanti, Barrick Mining, Yamana Gold, Detour Gold, NewGold, Pretium Resources, and others.For further information, please contact:Robert Vallis
President, CEO & Director
info@tigergoldco.com orKin Communications
Investor Relations
+1 (604) 684-6730
tigr@kincommunications.comNeither the 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 news release.Cautionary Note Regarding Forward-looking StatementsThis news release contains forward-looking information and forward-looking statements, as such terms are defined under applicable securities laws (collectively, "forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "budget", "scheduled", "forecasts", "projects", "intends", "suggests", "preliminary", "confident", "interpreted", "targets", "aims", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "can", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties, assumptions (which may prove incorrect) and other factors which may cause the actual results, performance or achievements of Tiger to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.Forward-looking information in this news release includes, but is not limited to, statements regarding the completion of the transfer and registration of title to the Projects; the contingent production milestone payment of AUD$6.5 million and the circumstances under which it may become payable; the Company's plans and intentions with respect to the exploration and development of the Projects; planned drilling programs; the Company's goal of advancing the Projects toward a production decision; and the potential to expand or define Mineral Resources; and statements regarding the timing and completion of planned field programs and future technical studies. Forward-looking statements are based upon assumptions including, without limitation, that t title to the Projects will transfer to and be registered in the name Company as anticipated, that the Company will have sufficient financial resources to fund the contingent production milestone payment when due, the availability of drilling rigs and other equipment, contractors and supplies, continued site access, receipt of required permits and approvals, the Company's ability to maintain community and stakeholder support, and that exploration and drilling results will be consistent with management's expectations.Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, the risk that title to the Projects may not transfer to or be registered in the name of the Company as expected; the risk that the Company may not have sufficient financial resources to fund the contingent production milestone payment or other obligations under the Agreement; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; changes in exchange rates; fluctuations in commodity prices; failure to intersect potentially economic intervals of mineralization; uncertainties related to geological continuity, potential mineralization and the extent of mineralization, which may not yield economically viable results; risks that field programs may be reduced, delayed or may not proceed at all; risks that the Company may not satisfy minimum expenditure requirements or other work commitments under its property agreements, which could adversely affect the Company's ability to maintain its interest in the Projects; delays in obtaining or failures to obtain required governmental, environmental, or other project approvals; changes in governmental regulation of exploration and mining operations; political risks and social unrest; inability to fulfil consultation or accommodation obligations in respect of Indigenous peoples or to maintain constructive relationships with local communities; delays in the advancement of projects; capital and operating costs varying significantly from estimates; and the other risks involved in the mineral exploration and development industry.While Tiger anticipates that subsequent events and developments may cause its views to change, Tiger disclaims any obligation to update these forward-looking statements except as required by applicable securities legislation. These forward-looking statements should not be relied upon as representing Tiger's views as of any date subsequent to the date of this news release. Although Tiger has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.The factors identified above are not intended to represent a complete list of the factors that could affect Tiger. Additional factors are noted under "Risk Factors" in Tiger's public disclosure record, including in the Filing Statement and other documents available under Tiger's profile on SEDAR+. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Tiger undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities legislation.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303464 Original: Tiger Gold Enhances Team with the Appointment of New CFO
CA Market News
3週前
Tiger Gold Announces Closing of $21,000,000 Oversubscribed Offering of Special Warrants to Accelerate Drilling at QuinchiaJune 10, 2026 9:36 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 10, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to announce that the Company has closed its previously announced commercially reasonable efforts offering of special warrants ("Special Warrants") led by SCP Resource Finance LP ("SCP"), on behalf of itself and a syndicate of agents including Beacon Securities Limited and ArcStone Kingswood, a division of Kingswood Capital Partners, LLC (collectively with SCP, the "Agents"), whereby the Company has completed the issuance of 25,619,351 Special Warrants at a price of $0.82 (the "Issue Price") for gross proceeds of $21,007,867.82 (the "Offering"), including the partial exercise of the Agents' over-allotment option. The proceeds of the Offering will be used to accelerate drilling at the Company's Ceibal target at the Quinchía Gold Project with a goal of completing a maiden Mineral Resource estimate near the end of 2026, and for general working capital purposes. Each Special Warrant shall be automatically exercised (without payment of any further consideration and subject to customary anti-dilution adjustments) into units of the Company (the "Units"), with each Unit consisting of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant of the Company (each whole warrant, a "Warrant") on the date that is the earlier of: (i) the date that is three business days following the date on which the Company obtains a receipt (the "Final Receipt") from the British Columbia Securities Commission for a short form prospectus (the "Final Qualification Prospectus"), qualifying the distribution of the securities issuable upon exercise or deemed exercise of the Special Warrants (the "Qualification Date"); and (ii) the date that is four months and one day following the closing of the Offering (the "Qualification Deadline"). Each Warrant shall entitle the holder thereof to acquire one Common Share (a "Warrant Share") at a price per Warrant Share of $1.20 for a period of 36 months following the closing of the Offering. As compensation in connection with the Offering, the Agents were paid total cash compensation of $1,098,810.37 and issued 404,896 compensation special warrants (the "Compensation SWs"). Each Compensation SW shall be automatically exercised (without payment of any further consideration and subject to customary anti-dilution adjustments) at the earlier of the Qualification Date and the Qualification Deadline for one compensation option of the Company (a "Compensation Option"), each entitling the holder thereof to purchase one Common Share at an exercise price per Common Share that is equal to the Issue Price. Each of the Compensation SWs and the Compensation Options shall have a term of 36 months following the closing of the Offering.The Special Warrants and the Compensation SWs issued in connection with the Offering are subject to a statutory hold period in accordance with applicable Canadian securities laws, expiring on October 11, 2026. Upon issuance following the Qualification Date or Qualification Deadline, as applicable, the Common Shares and Warrants underlying the Special Warrants will be free trading under Canadian securities laws. The Offering is subject to the final approval of the TSX Venture Exchange (the "TSXV").Advisory AgreementThe Company also announces that it plans to engage Stockchain Capital LLC ("Stockchain"), an arm's length party to the Company, to provide investor relations services pursuant to an advisory agreement to be entered into effective June 15, 2026 (the "Advisory Agreement"). Pursuant to the Advisory Agreement, Stockchain will provide investor relations services tailored to the German audience, including the creation of articles and content for various financial platforms and newsletters. Stockchain's address is 3833 Powerline Rd - Ste. 801-T Fort Lauderdale, Florida, 33309, United States of America. The Advisory Agreement has a term of twelve weeks and provides for a cash payment of EUR 250,000 to Stockchain upon execution, such payment to be made from the Company's working capital. The engagement of Stockchain and the compensation payable under the Advisory Agreement remain subject to the approval of the TSXV. To the knowledge of the Company, Stockchain does not have any interest in the Company's securities or any right or intention to acquire such an interest.About Tiger Gold Corp.Tiger is a growth-oriented gold exploration and mine development company focused on advancing its flagship asset, the Quinchía Gold Project, a multi-million-ounce gold project in the prolific Mid-Cauca belt of Colombia, over which Tiger has exercised its option to acquire a 100% interest. Tiger is led by a multidisciplinary team of exploration geologists, mine builders, engineers, metallurgists, ESG specialists, and corporate finance professionals with a track record of exploration success, project advancement, and bringing mines into production at globally recognized mining companies including AngloGold Ashanti, Barrick Mining, Yamana Gold, Detour Gold, NewGold, Pretium Resources, and others.For further information, please contact:Robert Vallis
President, CEO & Director
info@tigergoldco.com Kin Communications
Investor Relations
+1 (604) 684-6730
tigr@kincommunications.comNeither the 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 news release.Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking information and forward-looking statements, as such terms are defined under applicable securities laws (collectively, "forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "budget", "scheduled", "forecasts", "projects", "intends", "suggests", "preliminary", "confident", "interpreted", "targets", "aims", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "can", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties, assumptions (which may prove incorrect) and other factors which may cause the actual results, performance or achievements of Tiger to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.Forward-looking information in this news release includes, but is not limited to, statements regarding the Offering, including the anticipated use of proceeds, the filing of the Final Qualification Prospectus, the receipt of the Final Receipt and the approval of the TSXV, the automatic exercise or deemed exercise of the Special Warrants, the issuance of the Units, Warrants, and Warrant Shares, and the receipt of any required regulatory approvals; the Company's goal of completing a maiden Mineral Resource estimate for the Ceibal target near the end of 2026; planned drilling programs, including the additional and accelerated drilling at Ceibal; and the engagement of Stockchain and the terms of the Advisory Agreement, including receipt of TSXV approval.Forward-looking statements are based upon assumptions including, without limitation, the receipt of required regulatory approvals (including that of the TSXV) and the Final Receipt, the availability of drilling rigs and other equipment, contractors and supplies, continued site access, receipt of required permits and approvals, the Company's ability to maintain community and stakeholder support, that drilling, sampling, assaying, data compilation, geological modelling and Mineral Resource estimation, and technical studies will commence and be completed on the timelines currently anticipated, that the Company will have access to the financing required to advance technical studies and the Quinchía Gold Project, and that exploration and drilling results will be consistent with management's expectations. Such forward-looking information also includes statements regarding the Preliminary Economic Assessment for the Quinchía Gold Project, which by definition is preliminary in nature, includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and for which there is no certainty that the economics or results described will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Any references to nearby projects, properties, deposits, or mines are provided for regional context only, and mineralization on adjacent or nearby deposits and properties is not necessarily indicative of mineralization on the Quinchía Gold Project.Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, the risk that the Offering may not be completed on the terms or timeline anticipated or at all; the risk that the Final Qualification Prospectus may not be filed or that the Final Receipt may not be obtained within the expected timeframe or at all; the risk that required regulatory approvals, including the approval of the TSXV, may not be obtained; changes in investor demand, market conditions, securities laws or stock exchange requirements; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; changes in exchange rates; fluctuations in commodity prices, including the price of gold; failure to intersect potentially economic intervals of mineralization or to identify Mineral Resources or Mineral Reserves; delays in, or reductions to, or the inability to complete or advance drill or field programs, sampling, assaying, data validation, data verification, geological modelling, technical studies, or Mineral Resource or Mineral Reserve estimates, including within anticipated timeframes; uncertainties related to geological continuity, potential mineralization and the extent of mineralization, which may not yield economically viable results; additional mineralized zones that may not contain economically viable mineralization, including due to geological complexity or insufficient drilling data; risks that drilling data from prior operators may be incomplete, inaccurate, or insufficient; risks that the Company may not satisfy minimum expenditure requirements or other work commitments under its property agreements, which could adversely affect the Company's ability to maintain or earn its interest in the project; delays in assay processing or data validation issues; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental, or other project approvals; changes in governmental regulation of exploration and mining operations; political risks and social unrest; inability to fulfil consultation or accommodation obligations in respect of Indigenous peoples or to maintain constructive relationships with local communities; capital and operating costs varying significantly from estimates; and the other risks involved in the mineral exploration and development industry.While Tiger anticipates that subsequent events and developments may cause its views to change, Tiger specifically disclaims any obligation to update these forward-looking statements, except as required by applicable securities legislation. These forward-looking statements should not be relied upon as representing Tiger's views as of any date subsequent to the date of this news release. Although Tiger has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.The factors identified above are not intended to represent a complete list of the factors that could affect Tiger. Additional factors are noted under "Risk Factors" in Tiger's public disclosure record, including in the filing statement of Tiger dated December 10, 2025 and other documents available under Tiger's profile on SEDAR+. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Tiger undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities legislation.NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300877 Original: Tiger Gold Announces Closing of $21,000,000 Oversubscribed Offering of Special Warrants to Accelerate Drilling at Quinchia
CA Market News
3週前
Tiger Gold Exercises Option to Acquire 100% of the Quinchia Gold ProjectJune 9, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 9, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to announce it has completed the final staged cash option payment under its option agreement (the "Agreement") with LCL Resources Limited ("LCL") in respect of its exclusive option to acquire 100% of the Quinchía Gold Project and the Andes Gold Project, located in Colombia's prolific Mid-Cauca belt (the "Projects"). The Company made the final staged cash option payment of AUD$4.5 million under the Agreement, bringing the total staged cash payments made to date to AUD$7.5 million. With the completion of all staged cash option payments, the Company has satisfied all cash payment conditions and has exercised its option to acquire 100% ownership of the Projects. Total cash consideration under the Agreement is AUD$14 million, which includes AUD$7.5 million in staged cash payments which have now been made and a further AUD$6.5 million cash payment payable contingent upon certain production milestones. The Agreement also provides for a 1% net smelter return royalty on future gold production from the Quinchía Gold Project, subject to a buyback option.Operations at the Quinchía Gold Project continue to advance at pace. The Company now has more than 160 employees and contractors working on the ground at Quinchía, reflecting the rapid mobilization of its in-country workforce as exploration and development activities accelerate. Three drill rigs are currently turning at Quinchía, supporting the continued definition and expansion of the project's Mineral Resources.Tiger is deeply committed to the people and communities of the Quinchía region, and to building enduring, mutually beneficial relationships with local stakeholders. The Company supports the region through numerous social programs designed to deliver lasting value to the communities in which it operates. As part of this commitment, Tiger has built and is operating a fully functioning medical clinic that provides essential healthcare services to the Quinchía communities, including pre-natal care and dental check-ups.About Tiger Gold Corp.Tiger is a growth-oriented gold exploration and mine development company focused on advancing its flagship asset, the Quinchía Gold Project, a multi-million-ounce gold project in the prolific Mid-Cauca belt of Colombia, in which Tiger owns a 100% interest. Tiger is led by a multidisciplinary team of exploration geologists, mine builders, engineers, metallurgists, ESG specialists, and corporate finance professionals with a track record of exploration success, project advancement, and bringing mines into production at globally recognized mining companies including AngloGold Ashanti, Barrick Mining, Yamana Gold, Detour Gold, NewGold, Pretium Resources, and others.For further information, please contact:Robert Vallis
President, CEO & Directorinfo@tigergoldco.com orKin Communications
Investor Relations
+1 (604) 684-6730
tigr@kincommunications.comNeither the 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 news release.Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking information and forward-looking statements, as such terms are defined under applicable securities laws (collectively, "forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "budget", "scheduled", "forecasts", "projects", "intends", "suggests", "preliminary", "confident", "interpreted", "targets", "aims", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "can", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties, assumptions (which may prove incorrect) and other factors which may cause the actual results, performance or achievements of Tiger to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.Forward-looking information in this news release includes, but is not limited to, statements regarding the completion of the transfer and registration of title to the Projects; the contingent production milestone payment of AUD$6.5 million and the circumstances under which it may become payable; the Company's plans and intentions with respect to the exploration and development of the Projects; planned drilling programs; the Company's goal of advancing the Projects toward a production decision; and the potential to expand or define Mineral Resources; and statements regarding the timing and completion of planned field programs and future technical studies. Forward-looking statements are based upon assumptions including, without limitation, that t title to the Projects will transfer to and be registered in the name Company as anticipated, that the Company will have sufficient financial resources to fund the contingent production milestone payment when due, the availability of drilling rigs and other equipment, contractors and supplies, continued site access, receipt of required permits and approvals, the Company's ability to maintain community and stakeholder support, and that exploration and drilling results will be consistent with management's expectations.Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, the risk that title to the Projects may not transfer to or be registered in the name of the Company as expected; the risk that the Company may not have sufficient financial resources to fund the contingent production milestone payment or other obligations under the Agreement; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; changes in exchange rates; fluctuations in commodity prices; failure to intersect potentially economic intervals of mineralization; uncertainties related to geological continuity, potential mineralization and the extent of mineralization, which may not yield economically viable results; risks that field programs may be reduced, delayed or may not proceed at all; risks that the Company may not satisfy minimum expenditure requirements or other work commitments under its property agreements, which could adversely affect the Company's ability to maintain its interest in the Projects; delays in obtaining or failures to obtain required governmental, environmental, or other project approvals; changes in governmental regulation of exploration and mining operations; political risks and social unrest; inability to fulfil consultation or accommodation obligations in respect of Indigenous peoples or to maintain constructive relationships with local communities; delays in the advancement of projects; capital and operating costs varying significantly from estimates; and the other risks involved in the mineral exploration and development industry.While Tiger anticipates that subsequent events and developments may cause its views to change, Tiger disclaims any obligation to update these forward-looking statements except as required by applicable securities legislation. These forward-looking statements should not be relied upon as representing Tiger's views as of any date subsequent to the date of this news release. Although Tiger has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.The factors identified above are not intended to represent a complete list of the factors that could affect Tiger. Additional factors are noted under "Risk Factors" in Tiger's public disclosure record, including in the Filing Statement and other documents available under Tiger's profile on SEDAR+. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Tiger undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities legislation.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300696 Original: Tiger Gold Exercises Option to Acquire 100% of the Quinchia Gold Project
CA Market News
4週前
Tiger Gold Intersects 98 m @ 0.9 g/t Au including 26.7 m @ 1.6 g/t Au at TesoritoJune 4, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 4, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to report assay results from its ongoing diamond drilling campaign at its Quinchía Gold Project in Colombia's prolific Mid-Cauca gold belt. Tiger has completed more than 11,350 m of drilling in over 35 holes across the project as part of its broader 20,000-metre drill program. The program is ongoing with three diamond drill rigs, including one rig at Tesorito and two at Ceibal.Highlights:TSDH-86 intersected 98 m @ 0.9 g/t Au from 2 m downhole and ended in mineralizationincluding 26.7 m @stucole intersected 205.5 m @ 0.5 g/t Au from 184 m downholeincluding 8 m @ 1.7 g/t Auincluding 10 m @mmd intersected 127.4 m @SSSK intersected 42 m @aws returned 254 m @ 0.4 g/t Au from 2 m downhole, completing Tiger's initial three-hole drill program at Dos QuebradasAdditional assay results are pending from drillholes at Tesorito and CeibalRobert Vallis, President & CEO, commented, "Our team continues to execute across multiple fronts at the Quinchía project. At Tesorito, drilling continues to define a large, coherent gold-dominant porphyry system. The results will support a year-end Mineral Resource update aimed at converting a significant portion of the current resource to Indicated and will inform the next phase of engineering studies in 2027."The results reported in this news release are summarized in Tables 1 and 2. Figures 1 through 4 show the Tesorito drillhole and cross section locations. Figures 5 and 6 show the Dos Quebradas drillhole and cross section locations. Figure 7 is a regional map of the Quinchía Gold Project.TSDH-85 Completes a Six-Hole Section Line with 205.5 m @stucole intersected 205.5 m grading 0.5 g/t Au from 184 m downhole, including 8 m grading 1.7 g/t Au and 10 m grading 1.2 g/t Au, as detailed in Table 1. TSDH-85 is an infill hole drilled on the northwestern part of a section line that also includes TSDH-72, TSDH-73, TSDH-74, TSDH-75, and TSDH-79 (Figure 2). Mineralization is hosted within porphyritic andesite intruded by diorite and associated magmatic breccia. Logging identified widespread chlorite-sericite alteration overprinting local potassic alteration, together with abundant B-type quartz veinlets, D-type veinlets, and locally chalcopyrite- and molybdenum-bearing veinlets, consistent with a mineralized porphyry environment. The mineralized interval continues to a basalt contact near the base of the hole.The prior results shown in Figure 2 were reported on February 18 and April 16, 2026. Together, these six holes outline a broadly mineralized section through this part of the Tesorito deposit and provide useful control for future resource modelling.TSDH-86 Intersects 98 m @bayouvue was drilled to test near-surface gold mineralization along the northeastern margin of the current Mineral Resource conceptual pit shell (Figure 4). The hole intersected 98 m grading 0.9 g/t Au from 2 m downhole, including 26.7 m grading 1.6 g/t Au from 3.3 m, and ended in mineralization at the 100 m end of hole, as detailed in Table 1.Mineralization is hosted primarily within early diorite and porphyritic andesite units affected by potassic alteration and abundant B-type quartz veinlets, locally accompanied by M-type and D-type veining. Logging also identified chalcopyrite and molybdenum-bearing veinlets and fractures, supporting the interpretation of a large-scale gold-dominant porphyry hydrothermal system The near-surface higher-grade interval is developed within supergene-altered saprolite and may in part reflect supergene enrichment, and such near-surface grades are not necessarily representative of primary mineralization at depth.TSDH-86 is the first hole reported from this section line and lies at its southeastern end. Three further holes, TSDH-87, TSDH-88, and TSDH-89, have been drilled to the northwest along the same line. The traces of these holes are shown in Figure 4.TSDH-84 and TSDH-83 Infill and Extension Drilling Returns 127.4 m @mmd was drilled as an infill hole on the section line that also includes TSDH-67, while TSDH-83 was drilled to test the deposit margin along that line (Figure 3). TSDH-83 replaces TSDH-82, which was collared nearby but abandoned at 26.1 m due to drilling difficulties.TSDH-84 intersected 127.4 m grading 0.5 g/t Au from 2.6 m downhole, hosted within multiple diorite phases and intrusive breccias carrying strong potassic alteration, abundant B-type quartz-feldspar veinlets, and locally chalcopyrite and molybdenum mineralization. Magmatic breccia and porphyry-style vein assemblages may indicate proximity to a potential near-surface fertile intrusive centre. Further southeast, TSDH-83 intersected 42 m grading 0.5 g/t Au from 2 m downhole, with mineralization developed near surface within saprolite. The hole then passed into porphyritic andesite and a late diorite intrusion with porphyry-style veining and alteration before reaching the contact with the Marmato Fault and entering a sedimentary sequence. Both intervals are detailed in Table 1.The prior results for TSDH-67 shown in Figure 3 were reported on January 20, 2026. Together, these three holes outline a broadly mineralized section through this part of the Tesorito deposit and provide useful control for future resource modelling while also improving the geological understanding of the porphyry-related system.Tiger has completed more than 6,625 m of drilling over 26 holes have been completed at Tesorito. Tiger plans to complete up to approximately 5,360 of additional infill, gap. and extension program at Tesorito that is intended to support upgrading a significant portion of the current Inferred Mineral Resource to the Indicated category.QDQDH-26 Returns 254 m @aws completes the reporting of results from the Company's initial three-hole drill program. Results from QDQDH-25 and QDQDH-27 were reported on April 21, 2026. QDQDH-26 was drilled to 343.1 m and intersected 254 m grading 0.4 g/t Au from 2 m downhole, as detailed in Table 1.QDQDH-26 was collared into a sequence of inter-mineral magmatic breccia and early diorite over the uppermost approximately 66 m, before entering a thick basalt sequence cut by further intervals of magmatic breccia and, below approximately 224 m, intra-mineral diorite. Gold mineralization within the reported interval is associated with the magmatic breccia and diorite phases, together with quartz-magnetite and B-type veining. The host rocks show a porphyry-style alteration framework dominated by chlorite-sericite alteration, with locally preserved earlier biotite-magnetite assemblages, consistent with the porphyry-style framework described in Tiger's news release dated April 21, 2026.QDQDH-26 lies on the same section line as QDQDH-27 (Figure 6), which returned 282.45 m grading 0.6 g/t Au from 18 m downhole, including 32 m grading 1.3 g/t Au and 21.23 m grading 1.6 g/t Au. Together, the two holes indicate that gold mineralization at Dos Quebradas is developed across the section, with grade varying between them. Tiger has completed 1,274.65 m of drilling over 3 holes at Dos Quebradas. Figure 6 presents an updated interpretation incorporating the QDQDH-26 results.Mineral Resources and Technical ReportA report titled Quinchía Gold Project NI 43-101 Technical Report & Preliminary Economic Assessment, Department of Risaralda, Colombia (effective September 18, 2025) (the "Technical Report") was filed on SEDAR+ on December 10, 2025. The Technical Report also supports the disclosure of Mineral Resource estimates for the Miraflores and Tesorito deposits with an effective date of July 31, 2025. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Sampling, Quality Assurance and Quality ControlAll drilling was completed using HQ- and NQ-diameter diamond core. Drill core is logged by a Company geologist, photographed, cut in half, and sampled at the Company's core facility in Quinchía, Colombia under the supervision of a geologist. One half of the core is bagged and sent to ALS' laboratory in Medellín for sample preparation and with sub-samples sent to ALS' laboratories in Lima, Perú or North Vancouver, British Columbia for analysis. The remaining half-core (or quarter-core if a core duplicate sample was taken) is retained onsite as a witness sample. ALS' Medellín, Lima, and North Vancouver laboratories are ISO/IEC 17025 accredited and are independent of the Company. All samples are analyzed for gold using 50 g fire assay with AAS finish (Au-AA26). Samples are also analyzed for a 48-element suite by ICP-AES and ICP-MS following a four-acid digestion (ME-MS61L). Where applicable, high-grade and overlimit assays are re-analyzed using an appropriate technique. In addition to the laboratory's QA/QC practices, certified reference materials, coarse blanks, and quarter-core duplicates are inserted into the sample stream to monitor analytical performance. Other than as reported in this news release, no unreported significant core recovery or drilling issues were encountered during the program. Collar coordinates are preliminary and were recorded in the field using handheld GPS with elevation derived from a 2025 airborne LiDAR survey. Drill core was orientated, and downhole orientation surveys were collected at regular intervals. Only results that meet Tiger's QA/QC protocols are reported.Qualified PersonThe pertinent scientific and technical information contained in this release has been reviewed and approved by Jeremy Link, M.Eng., P.Eng., Tiger's Vice-President, Corporate Development, and César García, M.Sc., FAusIMM, the Company's Exploration Manager in Colombia, each of whom is a "qualified person" as defined by Canadian Securities Administrators within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). Neither Mr. Link nor Mr. García is independent of the Company. Drill programs at Tesorito are designed by Mr. Link, Mr. García, and Ivor W. O. Jones, M.Sc., FAusIMM, P.Geo., of Aurum Consulting, who is a "qualified person" and independent of the Company. Exploration programs at the Quinchía Gold Project are directed and supervised by Mr. García.About Tiger Gold Corp.Tiger is a growth-oriented gold exploration and mine development company focused on advancing its flagship asset, the Quinchía Gold Project, a multi-million-ounce gold project in the prolific Mid-Cauca belt of Colombia, over which Tiger holds an option to acquire a 100% interest. Tiger is led by a multidisciplinary team of exploration geologists, mine builders, engineers, metallurgists, ESG specialists, and corporate finance professionals with a track record of exploration success, project advancement, and bringing mines into production at globally recognized mining companies including AngloGold Ashanti, Barrick Mining, Yamana Gold, Detour Gold, NewGold, Pretium Resources, and others.For further information, please contact:Robert Vallis
President, CEO & DirectorKin Communications
Investor Relations
+1 (604) 684-6730
tigr@kincommunications.comNeither the 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 news release.Cautionary Note Regarding Forward-looking StatementsThis news release contains forward-looking information and forward-looking statements, as such terms are defined under applicable securities laws (collectively, "forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "budget", "scheduled", "forecasts", "projects", "intends", "suggests", "preliminary", "confident", "interpreted", "targets", "aims", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "can", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties, assumptions (which may prove incorrect) and other factors which may cause the actual results, performance or achievements of Tiger to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.Forward-looking information in this news release includes, but is not limited to, statements regarding Tiger's objectives, goals or future plans; exploration results, geologic interpretations, potential mineralization, potential porphyry plugs, potential feeder zones and potential porphyry centres, potential pathfinders or vectors to a causative porphyry, lateral extensions, mineralized offsets, the potential effect of supergene enrichment on near-surface grades, and the potential to expand mineralization or improve grade or increase Mineral Resource category confidence, including through infill, extension, gap, definition, and step-out drilling; Tiger's plans to execute and complete its Phase 1 and Phase 2 exploration programs detailed in the 2025 Technical Report, including the anticipated timing, commencement, completion, and results of drill programs (including drilling and assays pending or in progress planned field programs, future technical studies (including preliminary economic assessment, preliminary feasibility, or feasibility-level studies), and updated Mineral Resource estimates, including the reclassification of any portion of Inferred Mineral Resources to the Indicated category or higher; exploration and project development plans at the Quinchía Gold Project and regionally, including the ability to develop exploration targets, drill targets, and define Mineral Resources or Mineral Reserves; the establishment of mutually beneficial partnerships with local and Indigenous communities; the timing of the commencement of operations; and estimates of market conditions. Forward-looking statements are based upon assumptions including, without limitation, the availability of drilling rigs and other equipment, contractors and supplies, continued site access, receipt of required permits and approvals, the Company's ability to maintain community and stakeholder support; that drilling, sampling, assaying, data compilation, geological modelling and Mineral Resource estimation, and technical studies (including preliminary economic assessment, preliminary feasibility or feasibility-level studies) will commence and be completed on the timelines currently anticipated; that the Company will have access to the financing required to advance technical studies and the project; and that exploration and drilling results will be consistent with management's expectations. Such forward-looking information also includes statements regarding the Preliminary Economic Assessment for the Quinchía Gold Project, which by definition is preliminary in nature, includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and for which there is no certainty that the economics or results described will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Any references to nearby projects, properties, deposits, or mines are provided for regional context only, and mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the Quinchía Gold Project.Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to intersect potentially economic intervals of mineralization or to identify Mineral Resources or Mineral Reserves; uncertainties related to geological continuity and the extent of mineralization, including due to geological complexity, insufficient drilling data, or incomplete, inaccurate, or insufficient historical drilling data, any of which may not yield economically viable results; delays in, or reductions to, or the inability to complete or advance drill or field programs, sampling, assaying, data validation, data verification, geological modelling, technical studies, or Mineral Resource or Mineral Reserve estimates, including within anticipated timeframes; risks that the Company may not satisfy minimum expenditure requirements or other work commitments under its property agreements (including option or earn-in agreements), which could adversely affect the Company's ability to maintain or earn its interest in the project; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental, or other project approvals; and changes in governmental regulation of exploration and mining operations; political risks and social unrest; inability to fulfil consultation or accommodation obligations in respect of Indigenous peoples or to maintain constructive relationships with local communities; uncertainties relating to the availability and costs of financing needed in the future; capital and operating costs varying significantly from estimates; changes in equity markets, inflation, changes in exchange rates, and fluctuations in commodity prices, including gold and diesel fuel; and the other risks involved in the mineral exploration and development industry.While Tiger anticipates that subsequent events and developments may cause its views to change, Tiger specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing Tiger's views as of any date after the date of this news release. Although Tiger has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.The factors identified above are not intended to represent a complete list of the factors that could affect Tiger. Additional factors are noted under "Risk Factors" in Tiger's public disclosure record, including in the Filing Statement and other documents available under Tiger's profile on SEDAR+. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Tiger undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities legislation.Table 1: Assay ResultsDrillholeFromToIntervalTrue WidthAuAgCuMoID(m)(m)(m)(m)(g/t)(g/t)(%)(ppm)TSDH-8324442360.51.00.0943TSDH-842.6130127.41100.50.60.0518TSDH-85184389.5205.51770.50.80.0767incl.24225087.51.71.60.11107incl.292302109.41.21.20.14141TSDH-86210098850.90.80.0622incl.3.33026.7231.61.30.0514QDQDH-262256254unknown0.40.60.0431 All composite intervals are reported over a minimum downhole length of 10 m at a minimum length-weighted grade of 0.2 g/t Au, allowing for up to 10 m of consecutive internal dilution below cut-off. No assays were capped.All reported intervals refer to downhole core lengths. True width estimates for Tesorito are based upon the Company's current interpretation. True widths at Dos Quebradas are unknown.Higher-grade intervals reported as any interval over a minimum length of 5 m at a minimum length-weighted grade of 1 g/t Au, allowing for up to 5 m of consecutive internal dilution below cut-off. No assays were capped.Table 2: Drillhole Collar Information (EPSG:32618)DrillholeEastingNorthingElevationLengthAzimuthDipID(m)(m)(m asl)(m)(°)(°)TSDH-83423,900584,4251,24295.3N129°-60TSDH-84423,840584,4551,255180.3N131°-60TSDH-85423,535584,5051,327402N125°-60TSDH-86423,875584,5051,253100N128°-60QDQDH-26421,275586,9401,567343.1N085°-60 Figure 1: Tesorito Drillhole Collar and Section Locations Plan MapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/300115_48bfa716c422182d_001full.jpgFigure 2: Tesorito Section A-A' (looking N038°)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/300115_48bfa716c422182d_002full.jpgFigure 3: Tesorito Section B-B' (looking N040°)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/300115_48bfa716c422182d_003full.jpgFigure 4: Tesorito Section C-C' (looking N040°)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/300115_48bfa716c422182d_004full.jpgFigure 5: Dos Quebradas Drillhole Collar and Section Locations Plan MapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/300115_48bfa716c422182d_005full.jpgFigure 6: Dos Quebradas Section A-A' (looking N006°)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/300115_48bfa716c422182d_006full.jpgFigure 7: Quinchía Gold Project Deposits and ProspectsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/300115_48bfa716c422182d_007full.jpgTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/300115 Original: Tiger Gold Intersects 98 m @ 0.9 g/t Au including 26.7 m @ 1.6 g/t Au at Tesorito
CA Market News
1月前
Tiger Gold Drills 214m @ 0.7 g/t Au including 23m of 1.1g/t Au and 9m of 2.2g/t in 80-Metre Step-out Hole at CeibalJune 2, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 2, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to report assay results from its Ceibal target in Colombia's prolific Mid-Cauca gold belt. Tiger's initial 5,000-metre drill program at Ceibal forms part of Tiger's ongoing 20,000-metre drill program at its Quinchía Gold Project.Highlights:CEDDH-010 intersected predominantly porphyry-style mineralization over a 685.7 m near-surface interval, including two broad intervals separated by a 34.45 m dike:214 m at 0.7 g/t Au from 22 m downholeincluding 23 m at 1.1 g/t Auincluding 8 m at 1.0 g/t Au437.05 m at 0.5 g/t Au from 271 m downholeincluding 9 m at 2.2 g/t Auincluding 10 m at 1.4 g/t AuHole ended in mineralization at 707.7 m downhole, approximately 600 m below surface, and remains open at depthThree drill rigs remain active across the project, with assays pending from Ceibal, Dos Quebradas, and Tesorito"CEDDH-010 delivers another strong result for Ceibal and extends the scale of mineralization along our first section line," commented Robert Vallis, President and CEO. "Drilled as a step-back of the CEDDH-001 discovery hole, CEDDH-010 intersected predominantly porphyry-style mineralization over a 686-metre interval beginning near surface, with the hole ending in mineralization. Ceibal remains open along its apparent strike and to depth, and the balance of our initial program is primarily focused on step-out drilling to the northwest and southeast. Drilling results to date at Ceibal are being used to inform the detailed planning of a follow-up drill program in support of a maiden Mineral Resource estimate."The results reported in this news release are summarized in Tables 1 and 2. Figures 1 and 2 show the drillhole collar and section locations. Figure 3 is a regional map of the Quinchía Gold Project.Ceibal lies approximately 1 kilometre south of the Miraflores deposit and 1 kilometre southwest of the Tesorito deposit (Figure 3). The target area is coincident with a sub-circular combined Au-Mo surface geochemical anomaly that has an approximate 800-metre by 600-metre footprint (Figure 1). This surface anomaly defines the exploration area for Tiger's initial 5,000-metre drill program.Drilling at Ceibal has intersected a mineralized corridor with an apparent strike length of at least 300 metres and an apparent average width of approximately 300 metres. Mineralization has been traced over a vertical thickness of approximately 600 metres in CEDDH-010 and remains open to depth. The geometry, true thickness, extent, and continuity of mineralization have not been defined, and the corridor remains open to the northwest, southeast, and southwest.The balance of Tiger's initial 5,000-metre Ceibal drill program is planned to focus primarily on step-out drilling to test the corridor's apparent strike extent to the northwest and southeast. Deeper holes are intended to gather data that may identify pathfinders to assist in locating the causative porphyry responsible for the system.CEDDH-010 Returns 214 m Grading 0.7 g/t Au and 437 m Grading 0.5 g/t AuCEDDH-010 was drilled as a step-back of CEDDH-001, with the collar set approximately 80 metres northeast of CEDDH-001 along the same section line (Figure 1). The hole was designed to test the long, near-surface gold mineralization intersected in CEDDH-001, CEDDH-005, and CEDDH-009 for depth continuity beneath those holes and for northeast extension along the section line. CEDDH-001, the Ceibal discovery hole drilled by a prior operator, returned 500 metres grading 0.5 g/t Au from surface.CEDDH-010 was drilled to a final length of 707.7 metres and intersected dacite porphyry over most of its drilled length, with intervals of intrusive breccia and inter-mineral to late diorite porphyry.From 22 metres downhole, CEDDH-010 returned 214.2 metres grading 0.7 g/t Au, hosted almost entirely in dacite porphyry, and including two higher-grade intervals of 23 metres grading 1.1 g/t Au from 55 metres downhole and 8 metres grading 1.0 g/t Au from 86 metres downhole. The composite is interrupted by a 34.45-metre barren late-diorite dike, as detailed further below and shown in Figure 2.From 270.65 metres downhole to the end of the hole at 707.7 metres, CEDDH-010 returned a second composite interval of 437.05 metres grading 0.5 g/t Au, including two higher-grade intervals of 9 metres grading 2.2 g/t Au and 114 ppm Mo from 613 metres and 10 metres grading 1.4 g/t Au from 656 metres. The interval is predominantly dacite porphyry with moderate potassic alteration and chlorite-sericite overprinting. Several narrow intrusive breccia intervals were logged throughout and returned grades broadly consistent with the surrounding dacite. The basalt intersected at end of hole (from 695.24 m downhole) was mineralized within the composite at average grades above the 0.2 g/t Au reporting cut-off grade. The hole ended in mineralization and remains open at depth.CEDDH-010 shows a vertically continuous potassic alteration domain developed in dacite porphyry, with moderate chlorite-sericite alteration overprinting from 140 metres downhole. Sustained chalcopyrite at approximately 0.2 to 0.4%, recurrent traces of bornite and covellite, abundant magnetite (up to 1.5%), and persistent QM-, B-, and M-type vein networks that intensify with depth were observed. These features are consistent with porphyry-style gold mineralization.With CEDDH-009 and CEDDH-010 now reported, and CEDDH-012 recently completed with assays pending, drilling along this section line (Figure 2) spans the central portion of the Au-Mo surface geochemical anomaly shown in Figure 1.Drillhole CEDDH-012 is a further step-back of CEDDH-001 collared approximately 150 metres northeast of CEDDH-001 and 70 metres northeast of CEDDH-010. Logging shows broadly comparable proportions of dacite porphyry, inter-mineral to late diorite porphyry, and intrusive breccia. Basalt was also logged near surface and at depth. Assays are pending, and the relationship of these logged units to mineralization has not yet been determined.As shown in Figure 2, the section is interpreted to include several sub-vertical to steeply dipping dikes that cut the dacite porphyry host rock along the drill line. In CEDDH-010, the central dike, logged as inter-mineral to late-mineral porphyry from 236.2 metres to 270.65 metres downhole, is barren and corresponds with the 34.45-metre interval that separates the hole's two composite intervals. Farther downhole, the second composite intersects a narrower western dike from approximately 396 metres to 415 metres downhole, associated with intrusive breccia that returned grades consistent with the surrounding dacite porphyry host rock.The section also includes an interpreted eastern dike logged only in CEDDH-012. As assays for CEDDH-012 are pending, the relationship of the eastern dike to mineralization has not yet been determined.Overall, logging of drillholes along the section line in Figure 2 shows a dacite porphyry package as the predominant host, cut by sub-vertical to steeply dipping dikes of inter-mineral to late-mineral porphyry and intrusive breccia. Basalt is also logged in several holes with QM- and B-type veining. The interpreted western and central dikes are intersected in multiple holes along the section line, with the eastern dike only encountered in a single hole.These consistent host-rock and dike relationships are supportive of a broader mineralized porphyry-style system extending between drillholes along the section. Additional drilling along this line and adjacent to it will be used to evaluate the mineralized system's geometry, true thickness, and continuity. Drilling results to date at Ceibal are being used to inform the detailed planning of a follow-up drill program in support of a maiden Mineral Resource estimate.Sampling, Quality Assurance and Quality ControlAll drilling was completed using HQ- and NQ-diameter diamond core. Drill core is logged by a Company geologist, photographed, cut in half, and sampled at the Company's core facility in Quinchía, Colombia under the supervision of a geologist. One half of the core is bagged and sent to ALS' laboratory in Medellín for sample preparation and with sub-samples sent to ALS' laboratories in Lima, Perú for analysis. The remaining half-core (or quarter-core if a core duplicate sample was taken) is retained onsite as a witness sample. ALS' Medellín and Lima laboratories are ISO/IEC 17025 accredited and are independent of the Company. All samples are analyzed for gold using 50 g fire assay with AAS finish (Au-AA26). Samples are also analyzed for a 48-element suite by ICP-AES and ICP-MS following a four-acid digestion (ME-MS61L). Where applicable, high-grade and overlimit assays are re-analyzed using an appropriate technique. In addition to the laboratory's QA/QC practices, certified reference materials, coarse blanks, and quarter-core duplicates are inserted into the sample stream to monitor analytical performance. Other than as reported, no unreported significant core recovery or drilling issues were encountered during the program. Collar coordinates are preliminary and were recorded in the field using handheld GPS with elevation derived from a 2012 airborne LiDAR survey. Drill core was orientated, and downhole orientation surveys were collected at regular intervals. For data verification of the prior operator drilling results referenced in this news release, see Tiger's news release titled "Tiger Gold Drills 120 m Step-out at Ceibal and Intersects 226 m @ 0.6 g/t Au, Including 10 m @ 3 g/t Au" dated May 13, 2026. Only results that meet Tiger's QA/QC protocols are reported.Qualified PersonThe pertinent scientific and technical information contained in this news release has been reviewed and approved by Jeremy Link, M.Eng., P.Eng., Tiger's Vice-President, Corporate Development, and César García, M.Sc., FAusIMM, the Company's Exploration Manager in Colombia, each of whom is a "qualified person" as defined by Canadian Securities Administrators within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). Neither Mr. Link nor Mr. García is independent of the Company. Drill programs at Ceibal are designed by Mr. García and Mr. Link. Exploration programs at the Quinchía Gold Project are directed and supervised by Mr. García.About Tiger Gold Corp.Tiger is a growth-oriented gold exploration and mine development company focused on advancing its flagship asset, the Quinchía Gold Project, a multi-million-ounce gold project in the prolific Mid-Cauca belt of Colombia, over which Tiger holds an option to acquire a 100% interest. Tiger is led by a multidisciplinary team of exploration geologists, mine builders, engineers, metallurgists, ESG specialists, and corporate finance professionals with a track record of exploration success, project advancement, and bringing mines into production at globally recognized mining companies including AngloGold Ashanti, Barrick Mining, Yamana Gold, Detour Gold, NewGold, Pretium Resources, and others.For further information, please contact:Robert Vallis
President, CEO & DirectorKin Communications
Investor Relations
+1 (604) 684-6730
tigr@kincommunications.comNeither the 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 news release.Cautionary Note Regarding Forward-looking StatementsThis news release contains forward-looking information and forward-looking statements, as such terms are defined under applicable securities laws (collectively, "forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "budget", "scheduled", "forecasts", "projects", "intends", "suggests", "preliminary", "confident", "interpreted", "targets", "aims", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "can", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties, assumptions (which may prove incorrect) and other factors which may cause the actual results, performance or achievements of Tiger to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.Forward-looking information in this news release includes, but is not limited to, statements regarding Tiger's objectives, goals or future plans; exploration results, geologic interpretations, potential mineralization, potential porphyry plugs, potential porphyry centres, potential pathfinders to a causative porphyry, lateral extensions, the apparent strike extent, width, and depth of mineralization at Ceibal, the geometry, true thickness, and continuity of the mineralized system, and the potential to expand mineralization or improve grade or increase Mineral Resource category confidence, including through infill, extension, gap, definition, and step-out drilling; Tiger's plans to execute and complete its Phase 1 and Phase 2 exploration programs detailed in the 2025 Technical Report, including the anticipated timing, commencement, completion, and results of drill programs (including drilling and assays pending or in progress), planned field programs, future technical studies (including preliminary economic assessment, preliminary feasibility, or feasibility-level studies), and updated Mineral Resource estimates; exploration and project development plans at the Quinchía Gold Project and regionally, including the ability to develop exploration targets, drill targets, and define Mineral Resources or Mineral Reserves; the establishment of mutually beneficial partnerships with local and Indigenous communities; the timing of the commencement of operations; and estimates of market conditions. Forward-looking statements are based upon assumptions including, without limitation, the availability of drilling rigs and other equipment, contractors and supplies, continued site access, receipt of required permits and approvals, the Company's ability to maintain community and stakeholder support; that drilling, sampling, assaying, data compilation, geological modelling and Mineral Resource estimation, and technical studies (including preliminary economic assessment, preliminary feasibility or feasibility-level studies) will commence and be completed on the timelines currently anticipated; that the Company will have access to the financing required to advance technical studies and the project; and that exploration and drilling results will be consistent with management's expectations. Such forward-looking information also includes statements regarding the Preliminary Economic Assessment for the Quinchía Gold Project, which by definition is preliminary in nature, includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and for which there is no certainty that the economics or results described will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Any references to nearby projects, properties, deposits, or mines are provided for regional context only, and mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the Quinchía Gold Project.Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to intersect potentially economic intervals of mineralization or to identify Mineral Resources or Mineral Reserves; uncertainties related to geological continuity and the extent of mineralization, including due to geological complexity, insufficient drilling data, or incomplete, inaccurate, or insufficient historical drilling data, any of which may not yield economically viable results; delays in, or reductions to, or the inability to complete or advance drill or field programs, sampling, assaying, data validation, data verification, geological modelling, technical studies, or Mineral Resource or Mineral Reserve estimates, including within anticipated timeframes; risks that the Company may not satisfy minimum expenditure requirements or other work commitments under its property agreements (including option or earn-in agreements), which could adversely affect the Company's ability to maintain or earn its interest in the project; delays in obtaining or failures to obtain required governmental, environmental, or other project approvals; and changes in governmental regulation of exploration and mining operations; political risks and social unrest; inability to fulfil consultation or accommodation obligations in respect of Indigenous peoples or to maintain constructive relationships with local communities; uncertainties relating to the availability and costs of financing needed in the future; capital and operating costs varying significantly from estimates; changes in equity markets, inflation, changes in exchange rates, and fluctuations in commodity prices, including gold and diesel fuel; and the other risks involved in the mineral exploration and development industry.While Tiger anticipates that subsequent events and developments may cause its views to change, Tiger specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing Tiger's views as of any date after the date of this news release. Although Tiger has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.The factors identified above are not intended to represent a complete list of the factors that could affect Tiger. Additional factors are noted under "Risk Factors" in Tiger's public disclosure record, including in the Filing Statement and other documents available under Tiger's profile on SEDAR+. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Tiger undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities legislation.Table 1: CEDDH-010 Composite Assay ResultsDrillholeFromToIntervalTrue WidthAuAgCuMoID(m)(m)(m)(m)(g/t)(g/t)(%)(ppm)CEDDH-01022236.2214.2unknown0.70.90.0617 incl.557823unknown1.11.10.0629 incl.86948unknown1.00.90.0732and270.65707.7437.05unknown0.50.90.0521 incl.6136229unknown2.21.20.07114 incl.65666610unknown1.41.10.0636 All composite intervals are reported over a minimum downhole length of 10 m at a minimum length-weighted grade of 0.2 g/t Au, allowing for up to 10 m of consecutive internal dilution below cut-off. No assays were capped.All reported intervals refer to downhole core lengths. True widths are unknown at this time due to the early stage of exploration.Higher-grade intervals reported as any interval over a minimum length of 5 m at a minimum length-weighted grade of 1 g/t Au, allowing for up to 5 m of consecutive internal dilution below cut-off. No assays were capped.Table 2: Drillhole Collar Information (EPSG:32618)DrillholeEastingNorthingElevationLengthAzimuthDipID(m)(m)(m asl)(m)(°)(°)CEDDH-010422,625583,9901,309707.7N231°-61° Figure 1: Ceibal Drillhole Collar and Section Locations Plan MapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/299746_a2873ab054cb7837_001full.jpgFigure 2: Ceibal Interpretive Section A-A' (looking N323°)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/299746_a2873ab054cb7837_002full.jpgFigure 3: Quinchía Gold Project Deposits and ProspectsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/299746_a2873ab054cb7837_003full.jpgTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/299746 Original: Tiger Gold Drills 214m @ 0.7 g/t Au including 23m of 1.1g/t Au and 9m of 2.2g/t in 80-Metre Step-out Hole at Ceibal
CA Market News
1月前
Tiger Gold Corp. Announces Upsize of Offering Special Warrants to $18,000,000May 20, 2026 8:46 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to announce that the Company has increased the size of its previously announced commercially reasonable efforts offering of special warrants ("Special Warrants") from $15,000,000 to up to $18,000,000 (the "Offering") at a price of C$0.82 per Special Warrant (the "Issue Price").The Offering is being led by SCP Resource Finance LP ("SCP"), as lead agent, on behalf of itself and a syndicate of agents (together, the "Agents"), consisting of up to 21,951,220 Special Warrants of the Company at the Issue Price for aggregate gross proceeds of up to $18,000,000 to accelerate drilling at the Company's Ceibal target with a goal of completing a Maiden Resource at Ceibal by the end of the year.Each Special Warrant, subject to the Penalty Provision (as defined below), shall be automatically exercised (without payment of any further consideration and subject to customary anti-dilution adjustments) into units of the Company (the "Units"), with each Unit consisting of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant of the Company (each whole warrant, a "Warrant") on the date that is the earlier of: (i) the date that is three business days following the date on which the Company obtains a receipt (the "Final Receipt") from the British Columbia Securities Commission for a short form prospectus (the "Qualification Prospectus"), qualifying the distribution of the securities issuable upon exercise or deemed exercise of the Special Warrants; and (ii) the date that is four months and one day following the Closing Date (as defined below) (the "Qualification Deadline"). Each Warrant shall entitle the holder thereof to acquire one Common Share (a "Warrant Share") at a price per Warrant Share of C$1.20 for a period of 36 months following the Closing Date. The Offering is expected to close on or about June 10, 2026 (the "Closing Date").The Company has granted the Agents an option, exercisable in whole or in part upon the Agents giving notice to the Company at any time up to 48 hours prior to the Closing Date, to sell additional Special Warrants at the Issue Price for additional gross proceeds to the Company of up to C$5,000,000 (the "Over-Allotment Option").The Company has agreed to use commercially reasonable efforts to prepare and file a preliminary short form prospectus in the Qualifying Jurisdictions (as defined below) where the Special Warrants were sold, qualifying the distribution of the Units, within three (3) business days after the Closing Date. The Company has agreed to promptly resolve all comments received or deficiencies raised by the securities regulatory authorities and use its commercially reasonable efforts to obtain the Final Receipt for the Qualification Prospectus as soon as possible after such regulatory comments and deficiencies have been resolved, and in any event, within 45 days following the Closing Date. In the event the Final Receipt is not received for the Qualification Prospectus on or before the Qualification Deadline, each Special Warrant and Compensation SW (as defined below) shall be automatically exercised and will entitle the holder to receive 1.1 Units, or Compensation Options (as defined below), as applicable (the "Penalty Provision").Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus and Registration Exemptions, the Special Warrants will be offered for sale on a commercially reasonable efforts agency basis to eligible purchasers resident in each of the provinces and territories of Canada other than Quebec (the "Qualifying Jurisdictions") and/or in jurisdictions outside of Canada that are mutually agreed to by the Company and SCP, provided that no prospectus filing, registration statement or comparable obligation arises and the Company does not thereafter become subject to continuous disclosure obligations in such jurisdictions.Tiger will pay the Agents a cash commission in an amount equal to 6% of the gross proceeds from the sale of the Special Warrants under the Offering (including, for certainty, any Special Warrants issued in connection with the Over-Allotment Option) and the number of compensation special warrants (the "Compensation SWs") equal to 2% of the aggregate number of Special Warrants issued by the Company under the Offering. Each Compensation SW may be exercised by the Agents for one compensation option of the Company (a "Compensation Option") entitling the Agents to purchase one common share of the Company (the "Compensation Shares") at an exercise price per Compensation Share that is equal to the Issue Price. Each of the Compensation SWs and the Compensation Options shall each have a term of 36 months following the Closing Date; provided, however, that Special Warrants sold to purchasers under a "president's list" to be provided by the Company to the Agents (the "President's List"), up to a maximum of C$5,000,000 in gross proceeds, will be subject to a reduced Cash Commission equal to 2% of the gross proceeds from such sale. The completion of the Offering remains subject to the approval of the TSX Venture Exchange (the "Exchange").This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.The allocation of net proceeds described above represents the Company's current intentions based upon present circumstances and anticipated exploration results. Actual expenditures may vary from these estimates, and the Company may reallocate funds among categories, or to other uses, as management deems appropriate based on drill results, evolving exploration priorities, prevailing market conditions, and other factors. Drilling, exploration, and resource definition activities are subject to a number of risks, and there is no assurance that drilling at Ceibal will support the definition of a Maiden Mineral Resource within the timeframe described in this news release, or at all. See "Cautionary Note Regarding Forward-looking Statements" below.For full disclosure of the Ceibal drill results referenced above, including drill collar information, sampling and QA/QC protocols, geological context, QP's and the original news releases that reported these results, readers are directed to the Company's news releases dated April 14, 2026 and May 13, 2026 news release ("Tiger Gold Drills 120 m Step-out at Ceibal and Intersects 226 m at 0.6 g/t Au, Including 10 m at 3.0 g/t Au"), each available on the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.tigergoldco.com. The previously reported drill results from CEDDH-001 through CEDDH-008 were originally reported by LCL Resources Limited, an ASX-listed issuer, in news releases dated July 8, 2021, November 22, 2021, and June 28, 2022, under the JORC Code (2012), and have been verified and re-disclosed by Tiger as current exploration results in accordance with NI 43-101.The scientific and technical information contained in this release has been reviewed and approved by Robet Vallis, Tiger's President, CEO & Director, who is a "qualified person" as defined by Canadian Securities Administrators within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").Mineral Resources and Technical ReportA report titled Quinchía Gold Project NI 43-101 Technical Report & Preliminary Economic Assessment, Department of Risaralda, Colombia (effective September 18, 2025) (the "Technical Report") was filed on SEDAR+ on December 10, 2025. The Technical Report supports the disclosure of Mineral Resource estimates for the Miraflores and Tesorito deposits with an effective date of July 31, 2025. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. There is no certainty that a Mineral Resource estimate will be defined at the Ceibal target.About Tiger Gold Corp.Tiger is a growth-oriented gold exploration and mine development company focused on advancing its flagship asset, the Quinchía Gold Project, a multi-million-ounce gold project in the prolific Mid-Cauca belt of Colombia, over which Tiger holds an option to acquire a 100% interest. Tiger is led by a multidisciplinary team of exploration geologists, mine builders, engineers, metallurgists, ESG specialists, and corporate finance professionals with a track record of exploration success, project advancement, and bringing mines into production at globally recognized mining companies including AngloGold Ashanti, Barrick Mining, Yamana Gold, Detour Gold, NewGold, Pretium Resources, and others.For further information, please contact:Robert Vallis
President, CEO & Directorinfo@tigergoldco.com or Kin Communications
Investor Relations
+1 (604) 684-6730
tigr@kincommunications.comNeither the 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 news release.NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.Cautionary Note Regarding Forward-looking StatementsThis news release contains forward-looking information and forward-looking statements, as such terms are defined under applicable securities laws (collectively, "forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "budget", "scheduled", "forecasts", "projects", "intends", "suggests", "preliminary", "confident", "interpreted", "targets", "aims", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "can", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties, assumptions (which may prove incorrect) and other factors which may cause the actual results, performance or achievements of Tiger to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.Forward-looking information in this news release includes, but is not limited to, statements regarding the Offering, including the expected size of the Offering, the Issue Price, the expected Closing Date, the potential exercise of the Over-Allotment Option, the anticipated use of proceeds, the filing of the Qualification Prospectus, the receipt of the Final Receipt and the approval of the Exchange, the automatic exercise or deemed exercise of the Special Warrants, the issuance of the Units, Warrants, and Warrant Shares, and the receipt of any required regulatory approvals; the Company's goal of completing a Maiden Mineral Resource estimate at the Ceibal target by the end of 2026; statements regarding planned drilling programs, including the accelerated drilling at Ceibal through the 2026 field season, vectoring drilling toward the causative porphyry, continued exploration and drilling at Tesorito, Dos Quebradas, and additional prospects at the Quinchía Gold Project; statements regarding exploration results, geological interpretations, potential mineralization, potential porphyry centres, the potential to expand mineralization or define Mineral Resources, and the potential for Ceibal to host a bulk-tonnage, open-pit-style gold resource; and statements regarding the timing and completion of planned field programs and future Mineral Resource estimates. Forward-looking statements are based upon assumptions including, without limitation, the availability of purchasers for the Special Warrants, the completion of the Offering on the terms and timeline anticipated by the Company, the receipt of required regulatory approvals (including that of the Exchange) and the Final Receipt, the availability of drilling rigs and other equipment, contractors and supplies, continued site access, receipt of required permits and approvals, the Company's ability to maintain community and stakeholder support, and that exploration and drilling results will be consistent with management's expectations. Such forward-looking information also includes statements regarding the Preliminary Economic Assessment for the Quinchía Gold Project, which by definition is preliminary in nature, includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and for which there is no certainty that the economics or results described will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Any references to nearby projects, properties, or mines are provided for regional context only, and mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the Quinchía Gold Project.Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, the risk that the Offering may not be completed on the terms or timeline anticipated or at all; the risk that the Over-Allotment Option may not be exercised in whole or in part; the risk that the Qualification Prospectus may not be filed or that the Final Receipt may not be obtained within the expected timeframe or at all; the risk that required regulatory approvals, including the approval of the Exchange, may not be obtained; changes in investor demand, market conditions, securities laws or stock exchange requirements; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; changes in exchange rates; fluctuations in commodity prices; failure to intersect potentially economic intervals of mineralization; uncertainties related to geological continuity, potential mineralization and the extent of mineralization, which may not yield economically viable results; additional mineralized zones that may not contain economically viable mineralization due to geological complexity or insufficient drilling data; risks that historical drilling data may be incomplete, inaccurate, or insufficient; risks that field programs may be reduced, delayed or may not proceed at all; risks that the Company may not satisfy minimum expenditure requirements or other work commitments under its property agreements (including option or earn-in agreements), which could adversely affect the Company's ability to maintain or earn its interest in the project; delays in assay processing or data validation issues; failure to identify Mineral Resources; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental, or other project approvals; changes in governmental regulation of exploration and mining operations; political risks and social unrest; inability to fulfil consultation or accommodation obligations in respect of Indigenous peoples or to maintain constructive relationships with local communities; delays in the advancement of projects; capital and operating costs varying significantly from estimates; and the other risks involved in the mineral exploration and development industry.While Tiger anticipates that subsequent events and developments may cause its views to change, Tiger disclaims any obligation to update these forward-looking statements except as required by applicable securities legislation. These forward-looking statements should not be relied upon as representing Tiger's views as of any date subsequent to the date of this news release. Although Tiger has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.The factors identified above are not intended to represent a complete list of the factors that could affect Tiger. Additional factors are noted under "Risk Factors" in Tiger's public disclosure record, including in the filing statement and other documents available under Tiger's profile on SEDAR+. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Tiger undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities legislation.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298339 Original: Tiger Gold Corp. Announces Upsize of Offering Special Warrants to $18,000,000
CA Market News
1月前
Tiger Gold Announces $15,000,000 Offering of Special WarrantsMay 19, 2026 4:05 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to announce it has entered into an engagement letter with SCP Resource Finance LP ("SCP"), on behalf of itself and a syndicate of agents (together, the "Agents"), pursuant to which the Company has agreed to sell, on a commercially reasonable efforts private placement basis, up to 18,292,683 special warrants ("Special Warrants") of the Company at a price of C$0.82 per Special Warrant (the "Issue Price") for aggregate gross proceeds of up to C$15,000,000 (the "Offering") to accelerate drilling at the Company's Ceibal target with a goal of completing a Maiden Resource at Ceibal by the end of the year. Strategic RationaleThe technical case at Ceibal has advanced over the past several months. Historical drilling at Ceibal returned long, near-surface intersections of porphyry-style gold mineralization across multiple holes (including 500 m at 0.5 g/t Au from surface in CEDDH-001 and 579.1 m at 0.5 g/t Au from 7.5 m downhole in CEDDH-002). Tiger's subsequent field work, geological re-interpretation, and the recent step-out result in CEDDH-009 have collectively reinforced management's view that Ceibal hosts the potential for a large, near-surface gold system with a size and scale not yet fully understood, but still open in all directions. The Ceibal target is located approximately 1 kilometre south of the Miraflores deposit and 1 kilometre southwest of the Tesorito deposit, within the Marmato Fault Corridor. The target is coincident with a sub-circular Au-Cu-Mo surface geochemical anomaly with an approximate footprint of 800 metres by 600 metres. The Offering is intended to accelerate our drilling through the summer, ahead of a targeted Maiden Mineral Resource estimate at Ceibal by year-end which is not part of the Company's existing 20,000m drill program.More specifically, the Company anticipates that the net proceeds of the Offering will be deployed across the following priorities:Accelerated drilling at Ceibal: Funding additional diamond drilling at the Ceibal target through the 2026 field season - including systematic step-out and depth-extension drilling along the apparent north-northwest-trending mineralized corridor with the objective of generating the dataset required to support a Maiden Mineral Resource estimate at Ceibal by year-end 2026.Vectoring toward the causative porphyry: Funding deeper drilling at Ceibal at Tesorito designed to test the system at depth and gather vectoring information toward the interpreted causative porphyry.Advancing other high-priority targets at Quinchía: Continued exploration and drilling at Chuscal, and additional prospects across the Quinchía Gold Project, including target generation work supported by geological, geochemical, and geophysical datasets.Complete infill drilling at Tesorito and general corporate and working capital: Infill drilling at Tesorito, corporate, regulatory, and listing-related expenses, and general working capital.Financing Structure Each Special Warrant, subject to the Penalty Provision (as defined below), shall be automatically exercised (without payment of any further consideration and subject to customary anti-dilution adjustments) into units of the Company (the "Units"), with each Unit consisting of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant of the Company (each whole warrant, a "Warrant") on the date that is the earlier of: (i) the date that is three business days following the date on which the Company obtains a receipt (the "Final Receipt") from the British Columbia Securities Commission for a short form prospectus (the "Qualification Prospectus"), qualifying the distribution of the securities issuable upon exercise or deemed exercise of the Special Warrants; and (ii) the date that is four months and one day following the Closing Date (as defined below) (the "Qualification Deadline"). Each Warrant shall entitle the holder thereof to acquire one Common Share (a "Warrant Share") at a price per Warrant Share of C$1.20 for a period of 36 months following the Closing Date. The Offering is expected to close on or about June 10, 2026 (the "Closing Date").The Company has granted the Agents an option, exercisable in whole or in part upon the Agents giving notice to the Company at any time up to 48 hours prior to the Closing Date, to sell up to an additional 2,743,903 Special Warrants at the Issue Price for additional gross proceeds to the Company of up to C$2,250,000 (the "Over-Allotment Option").The Company has agreed to use commercially reasonable efforts to prepare and file a preliminary short form prospectus in the Qualifying Jurisdictions (as defined below) where the Special Warrants were sold, qualifying the distribution of the Units, within three (3) business days after the Closing Date. The Company has agreed to promptly resolve all comments received or deficiencies raised by the securities regulatory authorities and use its commercially reasonable efforts to obtain the Final Receipt for the Qualification Prospectus as soon as possible after such regulatory comments and deficiencies have been resolved, and in any event, within 45 days following the Closing Date. In the event the Final Receipt is not received for the Qualification Prospectus on or before the Qualification Deadline, each Special Warrant and Compensation SW (as defined below) shall be automatically exercised and will entitle the holder to receive 1.1 Units, or Compensation Options (as defined below), as applicable (the "Penalty Provision").Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus and Registration Exemptions, the Special Warrants will be offered for sale on a commercially reasonable efforts agency basis to eligible purchasers resident in each of the provinces and territories of Canada other than Quebec (the "Qualifying Jurisdictions") and/or in jurisdictions outside of Canada that are mutually agreed to by the Company and SCP, provided that no prospectus filing, registration statement or comparable obligation arises and the Company does not thereafter become subject to continuous disclosure obligations in such jurisdictions.Tiger will pay the Agents a cash commission in an amount equal to 6% of the gross proceeds from the sale of the Special Warrants under the Offering (including, for certainty, any Special Warrants issued in connection with the Over-Allotment Option) and the number of compensation special warrants (the "Compensation SWs") equal to 2% of the aggregate number of Special Warrants issued by the Company under the Offering. Each Compensation SW may be exercised by the Agents for one compensation option of the Company (a "Compensation Option") entitling the Agents to purchase one common share of the Company (the "Compensation Shares") at an exercise price per Compensation Share that is equal to the Issue Price. Each of the Compensation SWs and the Compensation Options shall each have a term of 36 months following the Closing Date; provided, however, that Special Warrants sold to purchasers under a "president's list" to be provided by the Company to the Agents (the "President's List"), up to a maximum of C$5,000,000 in gross proceeds, will be subject to a reduced Cash Commission equal to 2% of the gross proceeds from such sale. The completion of the Offering remains subject to the approval of the TSX Venture Exchange (the "Exchange").This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.The allocation of net proceeds described above represents the Company's current intentions based upon present circumstances and anticipated exploration results. Actual expenditures may vary from these estimates, and the Company may reallocate funds among categories, or to other uses, as management deems appropriate based on drill results, evolving exploration priorities, prevailing market conditions, and other factors. Drilling, exploration, and resource definition activities are subject to a number of risks, and there is no assurance that drilling at Ceibal will support the definition of a Maiden Mineral Resource within the timeframe described in this news release, or at all. See "Cautionary Note Regarding Forward-looking Statements" below.For full disclosure of the Ceibal drill results referenced above, including drill collar information, sampling and QA/QC protocols, geological context, QP's and the original news releases that reported these results, readers are directed to the Company's news releases dated April 14, 2026 and May 13, 2026 news release ("Tiger Gold Drills 120 m Step-out at Ceibal and Intersects 226 m at 0.6 g/t Au, Including 10 m at 3.0 g/t Au"), each available on the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.tigergoldco.com. The previously reported drill results from CEDDH-001 through CEDDH-008 were originally reported by LCL Resources Limited, an ASX-listed issuer, in news releases dated July 8, 2021, November 22, 2021, and June 28, 2022, under the JORC Code (2012), and have been verified and re-disclosed by Tiger as current exploration results in accordance with NI 43-101.The scientific and technical information contained in this release has been reviewed and approved by Robet Vallis, Tiger's President, CEO & Director, who is a "qualified person" as defined by Canadian Securities Administrators within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").Mineral Resources and Technical ReportA report titled Quinchía Gold Project NI 43-101 Technical Report & Preliminary Economic Assessment, Department of Risaralda, Colombia (effective September 18, 2025) (the "Technical Report") was filed on SEDAR+ on December 10, 2025. The Technical Report supports the disclosure of Mineral Resource estimates for the Miraflores and Tesorito deposits with an effective date of July 31, 2025. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. There is no certainty that a Mineral Resource estimate will be defined at the Ceibal target.About Tiger Gold Corp.Tiger is a growth-oriented gold exploration and mine development company focused on advancing its flagship asset, the Quinchía Gold Project, a multi-million-ounce gold project in the prolific Mid-Cauca belt of Colombia, over which Tiger holds an option to acquire a 100% interest. Tiger is led by a multidisciplinary team of exploration geologists, mine builders, engineers, metallurgists, ESG specialists, and corporate finance professionals with a track record of exploration success, project advancement, and bringing mines into production at globally recognized mining companies including AngloGold Ashanti, Barrick Mining, Yamana Gold, Detour Gold, NewGold, Pretium Resources, and others.For further information, please contact:Robert Vallis
President, CEO & Director
info@tigergoldco.com or Kin Communications
Investor Relations
+1 (604) 684-6730
tigr@kincommunications.comNeither the 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 news release.Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking information and forward-looking statements, as such terms are defined under applicable securities laws (collectively, "forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "budget", "scheduled", "forecasts", "projects", "intends", "suggests", "preliminary", "confident", "interpreted", "targets", "aims", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "can", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties, assumptions (which may prove incorrect) and other factors which may cause the actual results, performance or achievements of Tiger to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.Forward-looking information in this news release includes, but is not limited to, statements regarding the Offering, including the expected size of the Offering, the Issue Price, the expected Closing Date, the potential exercise of the Over-Allotment Option, the anticipated use of proceeds, the filing of the Qualification Prospectus, the receipt of the Final Receipt and the approval of the Exchange, the automatic exercise or deemed exercise of the Special Warrants, the issuance of the Units, Warrants, and Warrant Shares, and the receipt of any required regulatory approvals; the Company's goal of completing a Maiden Mineral Resource estimate at the Ceibal target by the end of 2026; statements regarding planned drilling programs, including the accelerated drilling at Ceibal through the 2026 field season, vectoring drilling toward the causative porphyry, continued exploration and drilling at Tesorito, Dos Quebradas, and additional prospects at the Quinchía Gold Project; statements regarding exploration results, geological interpretations, potential mineralization, potential porphyry centres, the potential to expand mineralization or define Mineral Resources, and the potential for Ceibal to host a bulk-tonnage, open-pit-style gold resource; and statements regarding the timing and completion of planned field programs and future Mineral Resource estimates. Forward-looking statements are based upon assumptions including, without limitation, the availability of purchasers for the Special Warrants, the completion of the Offering on the terms and timeline anticipated by the Company, the receipt of required regulatory approvals (including that of the Exchange) and the Final Receipt, the availability of drilling rigs and other equipment, contractors and supplies, continued site access, receipt of required permits and approvals, the Company's ability to maintain community and stakeholder support, and that exploration and drilling results will be consistent with management's expectations. Such forward-looking information also includes statements regarding the Preliminary Economic Assessment for the Quinchía Gold Project, which by definition is preliminary in nature, includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and for which there is no certainty that the economics or results described will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Any references to nearby projects, properties, or mines are provided for regional context only, and mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the Quinchía Gold Project.Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, the risk that the Offering may not be completed on the terms or timeline anticipated or at all; the risk that the Over-Allotment Option may not be exercised in whole or in part; the risk that the Qualification Prospectus may not be filed or that the Final Receipt may not be obtained within the expected timeframe or at all; the risk that required regulatory approvals, including the approval of the Exchange, may not be obtained; changes in investor demand, market conditions, securities laws or stock exchange requirements; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; changes in exchange rates; fluctuations in commodity prices; failure to intersect potentially economic intervals of mineralization; uncertainties related to geological continuity, potential mineralization and the extent of mineralization, which may not yield economically viable results; additional mineralized zones that may not contain economically viable mineralization due to geological complexity or insufficient drilling data; risks that historical drilling data may be incomplete, inaccurate, or insufficient; risks that field programs may be reduced, delayed or may not proceed at all; risks that the Company may not satisfy minimum expenditure requirements or other work commitments under its property agreements (including option or earn-in agreements), which could adversely affect the Company's ability to maintain or earn its interest in the project; delays in assay processing or data validation issues; failure to identify Mineral Resources; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental, or other project approvals; changes in governmental regulation of exploration and mining operations; political risks and social unrest; inability to fulfil consultation or accommodation obligations in respect of Indigenous peoples or to maintain constructive relationships with local communities; delays in the advancement of projects; capital and operating costs varying significantly from estimates; and the other risks involved in the mineral exploration and development industry.While Tiger anticipates that subsequent events and developments may cause its views to change, Tiger disclaims any obligation to update these forward-looking statements except as required by applicable securities legislation. These forward-looking statements should not be relied upon as representing Tiger's views as of any date subsequent to the date of this news release. Although Tiger has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.The factors identified above are not intended to represent a complete list of the factors that could affect Tiger. Additional factors are noted under "Risk Factors" in Tiger's public disclosure record, including in the filing statement and other documents available under Tiger's profile on SEDAR+. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Tiger undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities legislation.NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298080 Original: Tiger Gold Announces $15,000,000 Offering of Special Warrants
CA Market News
2月前
Tiger Gold Drills 120 m Step-out at Ceibal and Intersects 226 m @ 0.6 g/t Au, Including 10 m @ 3 g/t AuMay 13, 2026 9:28 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to report drill results from the first hole of its ongoing 5,000-metre diamond drilling program at the Ceibal target at its Quinchía Gold Project in Colombia's prolific Mid-Cauca gold belt. Drilling at Ceibal forms part of Tiger's broader 20,000-metre drill program at its Quinchía Gold Project, which is ongoing with three diamond drill rigs active across the project.Highlights:CEDDH-009 intersected:52 m at 0.7 g/t Au from surfaceincluding 12 m at 1.5 g/t Au from surface226 m at 0.6 g/t Au from 76 m downholeincluding 10 m at 3.0 g/t AuThree diamond drill rigs are active across the Quinchía Gold Project, including two at Ceibal, with additional assays pendingRobert Vallis, President & CEO, commented, "Tiger's first results from Ceibal represent a strong and exciting start to our drill program. CEDDH-009 is a 120-metre step-out hole. It returned a broad 226-metre interval of near-surface gold mineralization grading 0.6 g/t Au, including a higher-grade 10-metre interval grading 3 g/t Au hosted within magmatic breccia. These results confirm the presence of a significant mineralized system and highlight the potential of this high-priority target. We expect a steady flow of results from Ceibal, Tesorito, and Dos Quebradas in the coming weeks."The results reported in this news release are summarized in Tables 1 to 3. Drillhole locations are shown in Figure 1, and Figure 2 presents a map of the Quinchía Gold Project deposits and prospects. All intervals are reported as downhole core lengths. True widths have not been determined due to the early stage of exploration. A cross section will be presented in a subsequent news release once assay results from CEDDH-010 are available and CEDDH-012 is complete.Ceibal lies approximately 1 kilometre south of the Miraflores deposit and 1 kilometre southwest of the Tesorito deposit. The target area is coincident with a sub-circular combined Au-Mo surface geochemical anomaly that has an approximate 800-metre by 600-metre footprint (Figure 1). This surface anomaly defines the exploration area for Tiger's initial 5,000-metre drill program.Drilling at Ceibal has intersected mineralization over an apparent strike length of at least 300 metres and an apparent average width of approximately 300 metres. Mineralization has been traced to depths of up to 500 metres below surface within andesite-dacite porphyry, porphyritic diorite, and magmatic-hydrothermal breccia host rocks. The geometry, true thickness, lateral extent, and continuity of mineralization at Ceibal have not been defined by drilling. The mineralized corridor remains open to the north-northwest, the south-southeast, and to the southwest.CEDDH-009 Returns 226 m at 0.6 g/t Au, including 10 m at 3.0 g/t AuCEDDH-009 extends the long, near-surface gold mineralization previously drilled at Ceibal, including 500 m at 0.5 g/t Au from surface in CEDDH-001 and 579.1 m at 0.5 g/t Au from 7.5 m downhole in CEDDH-002, which are located approximately 120 m northeast and 260 m east-northeast, of CEDDH-009, respectively.From surface, CEDDH-009 returned 52 m at 0.7 g/t Au in dacite porphyry and intermineral diorite, including a 12 m higher-grade interval at 1.5 g/t Au from surface. From 76 m downhole, CEDDH-009 returned 226 m at 0.6 g/t Au, predominantly in dacite porphyry with magmatic breccia and subordinate intermineral diorite. A 10 m higher-grade interval of 3.0 g/t Au within this composite, from 94 m downhole, is entirely hosted within magmatic breccia. Magmatic breccias are of particular interest because they can act as conduits for mineralizing fluids and, in some porphyry systems, are associated with higher-grade zones. A third composite of 46 m at 0.2 g/t Au from 314 m downhole is entirely in dacite porphyry.Approximately 80 metres northeast of CEDDH-001, Tiger recently completed CEDDH-010 to a drilled length of 707.7 metres. CEDDH-010 intersected dacite porphyry over most of its drilled length, with intervals of magmatic breccia and minor late and intermineral diorite phases. Approximately 70 metres further northeast of CEDDH-010, Tiger is currently drilling CEDDH-012, with logging to date indicating a similar suite of dacite porphyry, magmatic breccia, and intermineral diorite. While the host-rock assemblages logged to date in CEDDH-009, CEDDH-010, and CEDDH-012 appear consistent along the drill line, assays for CEDDH-010 are pending and drilling at CEDDH-012 is in progress. The grade and continuity of mineralization between drillholes have not been demonstrated.Previously Reported Ceibal Drilling ResultsBetween 2021 and 2022, a prior operator, LCL Resources Limited ("LCL"), completed 8 HQ- and NQ-diameter diamond drillholes (CEDDH-001 through CEDDH-008) totalling 5,433.76 metres at the Ceibal target area across two programs (Table 3). The composite intervals returned by the LCL programs, originally reported in news releases dated July 8 and November 22, 2021, and June 28, 2022, are summarized in Table 2, with select highlights including:CEDDH-001: 500 m @No Moderator: 579.1 m @ 0.5 g/t Au from 7.5 m downhole,including 6 m @GMan: 466 m @ 0.4 g/t Au from surface,including 5.7 m @Not available for adoption: 362 m @ 0.4 g/t Au from 2 m downhole,including 6 m at 1.5 g/t Au and 6m @ihub_tutorial: 351.6 m @ROB: 248.3 m @beigledog and the previously reported drilling outline a porphyry-style gold target at Ceibal with long, near-surface gold mineralization intersected in multiple drillholes across the target area. The Ceibal target has now been tested by nine drillholes totalling approximately 5,900 metres, providing a strong foundation for Tiger's ongoing 5,000-metre drill program. The geometry, true thickness, lateral extent, and continuity of mineralization at Ceibal have not been defined by drilling.Geological Setting and MineralizationThe Ceibal target area is located within Tiger's Quinchía Gold Project in the Mid-Cauca gold belt of Colombia, a Miocene magmatic-hydrothermal arc that hosts clusters of porphyry, breccia, and epithermal Au-Cu deposits and prospects. At the project scale, Ceibal lies approximately 1 kilometre south of the Miraflores deposit and 1 kilometre southwest of the Tesorito deposit and is coincident with a sub-circular Au-Cu-Mo surface geochemical anomaly with an approximate footprint of 800 metres by 600 metres.Ceibal shares key similarities with Tesorito. These include its location within the Marmato Fault Corridor, a surface geochemical anomaly that is broadly comparable in size and tenor, and porphyry-style mineralization hosted in andesitic-dacite and intrusive units. For reference, the Tesorito deposit hosts an open-pit Inferred Mineral Resource of 104 million tonnes at 0.47 g/t Au for 1.57 million ounces of gold, and 0.58 g/t Ag for 1.96 million ounces of silver. Mineralization at Tesorito is not necessarily indicative of mineralization at Ceibal.At the property scale, the local stratigraphy comprises Cretaceous Barroso Formation basalts, Oligocene-Miocene Amagá Formation sedimentary units, and a suite of Miocene hypabyssal intrusions spatially associated with mineralization. Within the Ceibal target area, the principal Miocene units are andesite-dacite porphyry bodies and porphyritic diorites, including intra-mineral and late phases, together with magmatic-hydrothermal intrusive breccias. These intrusive bodies are interpreted as the key mineralizing units and occur as elongated to oval forms aligned along the main structural grain. A near-surface weathered profile comprising saprolite and Quaternary alluvial and colluvial cover is locally developed.The Ceibal target area is interpreted to be structurally controlled by the Marmato Fault Corridor, a component of the regional Cauca-Romeral fault system. Dominant NNE-trending structures are interpreted as left-lateral oblique-slip faults with a reverse component and likely control lithological contacts, the emplacement of intrusive bodies, and the geometry of mineralized corridors. Secondary NNW and E-W structures are interpreted to be younger and more local and locally host intermediate-sulphidation epithermal veins.Based upon observations from CEDDH-009 and prior drilling at Ceibal, mineralization is interpreted as gold porphyry-style, with subordinate silver, copper, and molybdenum, hosted predominantly within the Miocene andesite-dacite porphyry, porphyritic diorite, and magmatic-hydrothermal breccia units. Gold occurs as disseminated and stockwork-style mineralization, associated with QM- and M-type veining, with subordinate breccia-hosted and vein-controlled mineralization. Alteration includes chlorite-sericite overprinting potassic and propylitic assemblages, with argillic and supergene textures locally developed in the near-surface weathered profile. Sulphides include pyrite, with lesser chalcopyrite and molybdenite. Magnetite is ubiquitous as disseminations, patches, and M-type veinlets. The causative intrusive porphyry has not yet been intersected at Ceibal.Exploration Program FrameworkTiger's 5,000-metre drill program at Ceibal is intended to address key geological and exploration questions. These include the overall scale of mineralization, the continuity of mineralization at depth and along its apparent strike, the geometry of the intrusive and structural framework, the orientation of the mineralized corridor, and the location of the causative porphyry.The combined Au-Mo surface geochemical anomaly shown in Figure 1 has an approximate of 800-metre by 600-metre footprint and defines the exploration area for Tiger's 5,000-metre drill program. This drilling is intended to help determine the geometry, true thickness, lateral and vertical extent, and continuity of mineralization within this footprint.CEDDH-009 is the first hole completed under this program. Results are expected to refine Tiger's geological interpretation and help inform the detailed design of a larger systematic follow-up drill program at Ceibal aimed at supporting a future Mineral Resource estimate.Mineral Resources and Technical ReportA report titled Quinchía Gold Project NI 43-101 Technical Report & Preliminary Economic Assessment, Department of Risaralda, Colombia (effective September 18, 2025) (the "Technical Report") was filed on SEDAR+ on December 10, 2025. The Technical Report also supports the disclosure of Mineral Resource estimates for the Miraflores and Tesorito deposits with an effective date of July 31, 2025. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Sampling, Quality Assurance and Quality ControlAll drilling at the Ceibal target area was completed using HQ- and NQ-diameter diamond core. Drill core is logged by a Company geologist, photographed, and cut in half at the Company's core facility in Quinchía, Colombia. Core is sampled at predominantly 2-metre nominal intervals within mineralized and prospective zones, with 4-metre nominal intervals used in expected waste zones. One half of the core is bagged and sent to ALS' laboratory in Medellín for sample preparation and with sub-samples sent to ALS' laboratories in Lima, Perú or North Vancouver, British Columbia for analysis. The remaining half-core (or quarter-core if a duplicate sample was taken) is retained onsite as a witness sample. ALS' Medellín, Lima, and North Vancouver laboratories are ISO/IEC 17025 accredited and are independent of the Company. All samples are analyzed for gold using 50 g fire assay with AAS finish (Au-AA26). Samples are also analyzed for a 48-element suite by ICP-AES and ICP-MS following a four-acid digestion (ME-MS61L). Where applicable, high-grade and overlimit assays are re-analyzed using an appropriate technique. In addition to the laboratory's QA/QC practices, certified reference materials, coarse blanks, and quarter-core duplicates are inserted into the sample stream to monitor analytical performance. Other than as reported in this news release, no unreported significant core recovery or drilling issues were encountered during the program. Collar coordinates reported in this news release are approximate and were recorded in the field using handheld GPS with elevation derived from a 2012 airborne LiDAR survey. Drill core was orientated, and downhole orientation surveys were collected at regular intervals. Only results that meet Tiger's QA/QC protocols are reported.Data VerificationThe previously reported drill results from CEDDH-001 through CEDDH-008 referenced in this news release were originally reported by LCL Resources Limited ("LCL"), an ASX-listed issuer, in news releases dated July 8 and November 22, 2021, and June 28, 2022 under the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the "JORC Code (2012)"). César García, M.Sc., FAusIMM, the Company's Exploration Manager in Colombia and a qualified person within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), served as the Competent Person within the meaning of the JORC Code for the LCL drill programs at Ceibal and was responsible for the design, supervision, and technical reporting of those programs, including the drilling, logging, sampling, and QA/QC protocols. Mr. García has reviewed the drilling dataset and supporting documentation and has confirmed that the LCL drill results meet Tiger's current QA/QC standards and are reliable for the purposes of this disclosure. Tiger is reporting the relevant composite intervals as current exploration results.Qualified PersonThe pertinent scientific and technical information contained in this news release has been reviewed and approved by Jeremy Link, M.Eng., P.Eng., Tiger's Vice-President, Corporate Development, and César García, M.Sc., FAusIMM, the Company's Exploration Manager in Colombia, each of whom is a "qualified person" as defined by Canadian Securities Administrators within the meaning of NI 43-101. Neither Mr. Link nor Mr. García is independent of the Company. Drill programs at Ceibal are designed by Mr. García and Mr. Link. Exploration programs at the Quinchía Project are supervised by Mr. García.About Tiger Gold Corp.Tiger is a growth-oriented gold exploration and mine development company focused on advancing its flagship asset, the Quinchía Gold Project, a multi-million-ounce gold project in the prolific Mid-Cauca belt of Colombia, over which Tiger holds an option to acquire a 100% interest. Tiger is led by a multidisciplinary team of exploration geologists, mine builders, engineers, metallurgists, ESG specialists, and corporate finance professionals with a track record of exploration success, project advancement, and bringing mines into production at globally recognized mining companies including AngloGold Ashanti, Barrick Mining, Yamana Gold, Detour Gold, NewGold, Pretium Resources, and others.For further information, please contact:Robert Vallis
President, CEO & DirectorKin Communications
Investor Relations
+1 (604) 684-6730
tigr@kincommunications.comNeither the 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 news release.Cautionary Note Regarding Forward-looking StatementsThis news release contains forward-looking information and forward-looking statements, as such terms are defined under applicable securities laws (collectively, "forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "budget", "scheduled", "forecasts", "projects", "intends", "suggests", "preliminary", "confident", "interpreted", "targets", "aims", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "can", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties, assumptions (which may prove incorrect) and other factors which may cause the actual results, performance or achievements of Tiger to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.Forward-looking information in this news release includes, but is not limited to, statements regarding Tiger's objectives, goals or future plans; statements regarding exploration results, geologic interpretations, potential mineralization, potential porphyry plugs, potential feeder zones and potential porphyry centres, lateral extensions, mineralized offsets, and the potential to expand mineralization or improve grade or increase Mineral Resource category confidence, including through infill, extension, definition, and step-out drilling; Tiger's plans to execute and complete its Phase 1 and Phase 2 exploration programs, including drill programs and Mineral Resource estimate updates; statements regarding planned field programs and future technical studies, including preliminary feasibility or feasibility-level studies; exploration and project development plans at the Quinchía Gold Project and regionally; statements regarding regional exploration potential and the ability to develop exploration targets, drill targets, and define Mineral Resources; the establishment of mutually beneficial partnerships with local and Indigenous communities; the timing of the commencement of operations; and estimates of market conditions. Forward-looking statements are based upon assumptions including, without limitation, the availability of drilling rigs and other equipment, contractors and supplies, continued site access, receipt of required permits and approvals, the Company's ability to maintain community and stakeholder support, and that exploration and drilling results will be consistent with management's expectations. Such forward-looking information also includes statements regarding the Preliminary Economic Assessment for the Quinchía Gold Project, which by definition is preliminary in nature, includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and for which there is no certainty that the economics or results described will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Any references to nearby projects, properties, or mines are provided for regional context only, and mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the Quinchía Gold Project.Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to intersect potentially economic intervals of mineralization; uncertainties related to geological continuity, potential mineralization and the extent of mineralization, which may not yield economically viable results; additional mineralized zones that may not contain economically viable mineralization due to geological complexity or insufficient drilling data; risks that historical drilling data may be incomplete, inaccurate, or insufficient; risks that field programs may be reduced, delayed or may not proceed at all; risks that the Company may not satisfy minimum expenditure requirements or other work commitments under its property agreements (including option or earn-in agreements), which could adversely affect the Company's ability to maintain or earn its interest in the project; delays in assay processing or data validation issues; failure to identify Mineral Resources; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental, or other project approvals; changes in governmental regulation of exploration and mining operations; political risks and social unrest; inability to fulfil consultation or accommodation obligations in respect of Indigenous peoples or to maintain constructive relationships with local communities; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; changes in exchange rates; fluctuations in commodity prices; delays in the advancement of projects; capital and operating costs varying significantly from estimates; and the other risks involved in the mineral exploration and development industry.While Tiger anticipates that subsequent events and developments may cause its views to change, Tiger specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing Tiger's views as of any date after the date of this news release. Although Tiger has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.The factors identified above are not intended to represent a complete list of the factors that could affect Tiger. Additional factors are noted under "Risk Factors" in Tiger's public disclosure record, including in the Filing Statement and other documents available under Tiger's profile on SEDAR+. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Tiger undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities legislation.Table 1: CEDDH-009 Composite Assay ResultsDrillholeFromToIntervalTrue WidthAuAgCuMoID(m)(m)(m)(m)(g/t)(g/t)(%)(ppm)CEDDH-00905252Unknown0.71.00.085incl.01212Unknown1.50.60.134and76302226Unknown0.61.00.0510incl.9410410Unknown3.02.40.1021and31436046Unknown0.20.30.0112 All composite intervals are reported over a minimum downhole length of 10 m at a minimum length-weighted grade of 0.2 g/t Au, allowing for up to 10 m of consecutive internal dilution below cut-off.All reported intervals refer to downhole core lengths. True widths are unknown at this time.Higher-grade intervals reported as any interval over a minimum length of 5 m at a minimum length-weighted grade of 1 g/t Au, allowing for up to 5 m of consecutive internal dilution below cut-off. No assays were capped.Table 2: Previously Reported Ceibal Composite Assay ResultsDrillholeFromToIntervalAuAgCuMoID(m)(m)(m)(g/t)(g/t)(%)(ppm)CEDDH-0010.0500.0500.00.51.00.0514.5CEDDH-0027.5586.6579.10.50.90.0625.6incl.208.0214.06.01.11.70.1016.2incl.578.0584.06.01.51.10.0938.7CEDDH-0030.00466.0466.00.40.50.0314.0incl.134.5140.25.71.10.70.0852.1and478.0488.010.00.30.30.025.0and554.0584.030.00.30.20.022.2CEDDH-0042.0364.0362.00.40.90.0511.8incl.28.034.06.01.51.40.055.3incl.42.048.06.01.11.10.0413.1and400.0510.9110.90.40.80.0324.1CEDDH-0056.0138.0132.00.31.00.048.7and160.7512.30351.60.40.90.0518.4CEDDH-00611.550.038.50.20.40.0215.3and88.0155.067.00.20.60.0411.8and174.0225.5551.550.20.60.05104.9and310.0526.0216.00.30.70.045.7and538.0786.3248.30.40.40.0333.7CEDDH-00750.060.010.00.20.70.0411.8and203.0220.017.00.20.90.046.9and402.0444.042.00.30.90.044.7CEDDH-008No reportable composite intervals All composite intervals are reported over a minimum downhole length of 10 m at a minimum length-weighted grade of 0.2 g/t Au, allowing for up to 10 m of consecutive internal dilution below cut-off.All reported intervals refer to downhole core lengths. True widths are unknown at this time.Higher-grade intervals are reported as any interval over a minimum length of 5 m at a minimum length-weighted grade of 1 g/t Au, allowing for up to 5 m of consecutive internal dilution below cut-off. No assays were capped.The assay results in this table were previously reported by LCL Resources Limited in news releases dated July 8, 2021, November 22, 2021, and June 28, 2022.Table 3: Drillhole Collar Information (EPSG:32618)DrillholeEastingNorthingElevationLengthAzimuthDipID(m)(m)(m asl)(m)(°)(°)CEDDH-001422,566583,9371,283500.0229-61.5CEDDH-002422,709583,9761,277586.6217-59.3CEDDH-003422,791583,8391,242677.55230-61.3CEDDH-004422,537583,9811,277510.9235-64.2CEDDH-005422,400583,7801,203512.352-51.2CEDDH-006422,803583,9931,279786.3224-70.0CEDDH-007422,677584,0961,336900.225-70.1CEDDH-008423,057584,1901,409959.91229-75.6CEDDH-009422,480583,8551,245462228-60CEDDH-010422,625583,9901,309707.7229-60CEDDH-011422,645583,9101,275682.35230-60CEDDH-012422,680584,0301,313in progress228-65 Figure 1: Ceibal Drillhole Collar Locations Plan MapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/297310_509799d7a4ff2993_001full.jpg
Figure 2: Quinchía Gold Project Deposits and ProspectsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/297310_509799d7a4ff2993_002full.jpgTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/297310 Original: Tiger Gold Drills 120 m Step-out at Ceibal and Intersects 226 m @ 0.6 g/t Au, Including 10 m @ 3 g/t Au
CA Market News
2月前
Tiger Gold Intersects 305.55 m @ 0.5 g/t Au at Tesorito, Including 15.7 m @ 1.1 g/t Au and 8 m @ 1.3 g/t AuMay 5, 2026 9:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 5, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to report assay results from its ongoing diamond drilling campaign at the Tesorito deposit at its Quinchía Gold Project in Colombia's prolific Mid-Cauca gold belt. Drilling at Tesorito forms part of Tiger's broader 20,000-metre drill program, which is ongoing with three diamond drill rigs active across the project.Highlights:TSDH-80 intersected 15.7 m @ 1.1 g/t Au and 8 m @ 1.3 g/t Au, 0.16% Cu, and 131 ppm Mo within 305.55 m @ 0.5 g/t Au from 516 m downhole. The 8 m sub-interval may represent an offset of the potential feeder-style structure encountered in TSDH-71.The potential feeder-style structure remains a priority target for follow-up drilling.The 305.55 m interval represents a substantial mineralized porphyry envelope, extending drill-tested gold mineralization below the 2025 Mineral Resource conceptual pit shell.Additional assay results are pending from drillholes at Tesorito, Dos Quebradas, and Ceibal.Robert Vallis, President & CEO, commented, "TSDH-80 returned 305.55 m at 0.5 g/t Au at Tesorito below the 2025 Mineral Resource conceptual pit shell, with an 8 m higher-grade interval that may be a continuation of the potential feeder zone we hit in TSDH-71. These results add to our geologic understanding beneath the current resource. We'll plan additional follow-up once results come in from the next section line north of TSDH-71, which we expect to assist in our evolving interpretation and inform future drilling."Drilling results for TSDH-80 are summarized in Tables 1 and 2. Figure 1 shows the location of the reported drillhole. Figure 2 presents a cross section through drillholes TSDH-68 to TSDH-71, TSDH-78, and TSDH-80. Results for these holes were previously reported in Tiger news releases dated January 20, January 29, February 18, February 24, and April 16, 2026. Figure 3 is a map of the Quinchía Gold Project.TSDH-80 Returns Broad Gold Mineralization and Refines the Feeder Targeting Model TSDH-80 was collared from the same pad as TSDH-71 (Figure 1) and drilled at a steeper angle than TSDH-71 to reach greater depth and test for the expected continuation of the potential feeder-style structure encountered in TSDH-71 (Figure 2). As reported on February 24, 2026, TSDH-71 returned 89.96 m grading 0.9 g/t Au, including 16.9 m grading 2.3 g/t Au, 0.25% Cu, and 158 ppm Mo, including 6 m grading 4.1 g/t Au, 0.43% Cu, and 302 ppm Mo, which the Company interprets as a potential feeder-style mineralizing event (Table 3). From surface to approximately 185 m the hole passed through colluvium and basalt, which were not meaningfully mineralized, consistent with the Company's models. Below that, the hole entered porphyritic andesite that returned 15.7 m grading 1.1 g/t Au and 8 m grading 1.3 g/t Au, 0.16% Cu, and 131 ppm Mo (Table 1) within a broader intercept of 305.55 m grading 0.5 g/t Au from 516 m downhole. The 305.55 m interval was encountered substantially deeper than the Company had expected based upon its geological model at the time of drilling. The Company interprets this deeper-than-expected starting position to an offset of the mineralized system (Figure 2). The displacement interpretation is supported by TSDH-80's intersection with Marmato Fault near the bottom of the hole that is still being evaluated.The 8 m sub-interval is hosted within a deeper sequence of intrusive breccia and early-stage diorite that appears similar to the package that hosts the TSDH-71 potential feeder interval. Its copper and molybdenum grades are several times higher than the average copper and molybdenum grades of composite intervals elsewhere at Tesorito. The Company interprets the 8 m sub-interval as potentially representing the offset continuation of the same potential feeder-style structure encountered in TSDH-71.Following review and integration of results from the drill section line to the north of TSDH-71, the Company plans to follow up the potential feeder zone target with additional drilling. The Company expects this will assist in its evolving interpretation and inform future drilling.Drilling of TSDH-80 was affected by a short core-loss interval at approximately 612 m and by the downhole loss of drilling rods, bits, and tools, which together prevented continuation of the parent hole beyond approximately 626 m. A wedge (TSDH-80-W1) was kicked off at approximately 615 m and drilled at an azimuth of N132° and an inclination of -63° to a final depth of 847.7 m. Assay results reported in Table 1 are presented as a continuous run.Mineral Resources and Technical ReportA report titled Quinchía Gold Project NI 43-101 Technical Report & Preliminary Economic Assessment, Department of Risaralda, Colombia (effective September 18, 2025) (the "Technical Report") was filed on SEDAR+ on December 10, 2025. The Technical Report also supports the disclosure of Mineral Resource estimates for the Miraflores and Tesorito deposits with an effective date of July 31, 2025. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Sampling, Quality Assurance and Quality ControlAll drilling was completed using HQ- and NQ-diameter diamond core. Drill core is logged by a Company geologist, photographed, and cut in half at the Company's core facility in Quinchía, Colombia. One half of the core is bagged and sent to ALS' laboratory in Medellín for sample preparation and with sub-samples sent to ALS' laboratories in Lima, Perú or North Vancouver, British Columbia for analysis. The remaining half-core (or quarter-core if a duplicate sample was taken) is retained onsite as a witness sample. ALS' Medellín, Lima, and North Vancouver laboratories are ISO/IEC 17025 accredited and are independent of the Company. All samples are analyzed for gold using 50 g fire assay with AAS finish (Au-AA26). Samples are also analyzed for a 48-element suite by ICP-AES and ICP-MS following a four-acid digestion (ME-MS61L). Where applicable, high-grade and overlimit assays are re-analyzed using an appropriate technique. In addition to the laboratory's QA/QC practices, certified reference materials, coarse blanks, and quarter-core duplicates are inserted into the sample stream to monitor analytical performance. Other than as reported in this news release, no unreported significant core recovery or drilling issues were encountered during the program. Collar coordinates are preliminary and were recorded in the field using handheld GPS with elevation derived from a 2025 airborne LiDAR survey. Drill core was orientated, and downhole orientation surveys were collected at regular intervals. Only results that meet Tiger's QA/QC protocols are reported.Qualified PersonThe pertinent scientific and technical information contained in this release has been reviewed and approved by Jeremy Link, M.Eng., P.Eng., Tiger's Vice-President, Corporate Development, and César García, M.Sc., FAusIMM, the Company's Exploration Manager in Colombia, each of whom is a "qualified person" as defined by Canadian Securities Administrators within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). Neither Mr. Link nor Mr. García is independent of the Company. Drill programs at Tesorito are designed by Ivor W. O. Jones, M.Sc., FAusIMM, P.Geo., of Aurum Consulting, who is a "qualified person" and independent of the Company, Mr. Link, and Mr. García. Exploration programs at the Quinchia Project are supervised by Mr. García.About Tiger Gold Corp.Tiger is a growth-oriented gold exploration and mine development company focused on advancing its flagship asset, the Quinchía Gold Project, a multi-million-ounce gold project in the prolific Mid-Cauca belt of Colombia, over which Tiger holds an option to acquire a 100% interest. Tiger is led by a multidisciplinary team of exploration geologists, mine builders, engineers, metallurgists, ESG specialists, and corporate finance professionals with a track record of exploration success, project advancement, and bringing mines into production at globally recognized mining companies including AngloGold Ashanti, Barrick Mining, Yamana Gold, Detour Gold, NewGold, Pretium Resources, and others.For further information, please contact:Robert Vallis
President, CEO & DirectorKin Communications
Investor Relations
+1 (604) 684-6730
tigr@kincommunications.comNeither the 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 news release.Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking information and forward-looking statements, as such terms are defined under applicable securities laws (collectively, "forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "budget", "scheduled", "forecasts", "projects", "intends", "suggests", "preliminary", "confident", "interpreted", "targets", "aims", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "can", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties, assumptions (which may prove incorrect) and other factors which may cause the actual results, performance or achievements of Tiger to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.Forward-looking information in this news release includes, but is not limited to, statements regarding Tiger's objectives, goals or future plans; statements regarding exploration results, geologic interpretations, potential mineralization, potential porphyry plugs, potential feeder zones and potential porphyry centres, lateral extensions, mineralized offsets, and the potential to expand mineralization or improve grade or increase Mineral Resource category confidence, including through infill, extension, definition, and step-out drilling; Tiger's plans to execute and complete its Phase 1 and Phase 2 exploration programs, including drill programs and Mineral Resource estimate updates; statements regarding planned field programs and future technical studies, including preliminary feasibility or feasibility-level studies; exploration and project development plans at the Quinchía Gold Project and regionally; statements regarding regional exploration potential and the ability to develop exploration targets, drill targets, and define Mineral Resources; the establishment of mutually beneficial partnerships with local and Indigenous communities; the timing of the commencement of operations; and estimates of market conditions. Forward-looking statements are based upon assumptions including, without limitation, the availability of drilling rigs and other equipment, contractors and supplies, continued site access, receipt of required permits and approvals, the Company's ability to maintain community and stakeholder support, and that exploration and drilling results will be consistent with management's expectations. Such forward-looking information also includes statements regarding the Preliminary Economic Assessment for the Quinchía Gold Project, which by definition is preliminary in nature, includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and for which there is no certainty that the economics or results described will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Any references to nearby projects, properties, or mines are provided for regional context only, and mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the Quinchía Gold Project.Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to intersect potentially economic intervals of mineralization; uncertainties related to geological continuity, potential mineralization and the extent of mineralization, which may not yield economically viable results; additional mineralized zones that may not contain economically viable mineralization due to geological complexity or insufficient drilling data; risks that historical drilling data may be incomplete, inaccurate, or insufficient; risks that field programs may be reduced, delayed or may not proceed at all; risks that the Company may not satisfy minimum expenditure requirements or other work commitments under its property agreements (including option or earn-in agreements), which could adversely affect the Company's ability to maintain or earn its interest in the project; delays in assay processing or data validation issues; failure to identify Mineral Resources; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental, or other project approvals; changes in governmental regulation of exploration and mining operations; political risks and social unrest; inability to fulfil consultation or accommodation obligations in respect of Indigenous peoples or to maintain constructive relationships with local communities; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; changes in exchange rates; fluctuations in commodity prices; delays in the advancement of projects; capital and operating costs varying significantly from estimates; and the other risks involved in the mineral exploration and development industry.While Tiger anticipates that subsequent events and developments may cause its views to change, Tiger specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing Tiger's views as of any date after the date of this news release. Although Tiger has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.The factors identified above are not intended to represent a complete list of the factors that could affect Tiger. Additional factors are noted under "Risk Factors" in Tiger's public disclosure record, including in the filing statement and other documents available under Tiger's profile on SEDAR+. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Tiger undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities legislation.Table 1: TSDH-80 Assay ResultsDrillholeFromToIntervalTrue WidthAuAgCuMoID(m)(m)(m)(m)(g/t)(g/t)(%)(ppm)TSDH-80516821.55305.55252.60.50.60.0543incl.750.376615.7Unknown1.10.50.0668incl.7827908Unknown1.31.40.16131 All composite intervals are reported over a minimum downhole length of 10 m at a minimum length-weighted grade of 0.2 g/t Au, allowing for up to 10 m of consecutive internal dilution below cut-off.All reported intervals refer to downhole core lengths. True width estimates are based upon the Company's current interpretation.Higher-grade intervals reported as any interval over a minimum length of 5 m at a minimum length-weighted grade of 1 g/t Au, allowing for up to 5 m of consecutive internal dilution below cut-off. No assays were capped.Table 2: Drillhole Collar Information (EPSG:32618)DrillholeEastingNorthingElevationLengthAzimuthDipID(m)(m)(m asl)(m)(°)(°)TSDH-80423,475584,6551,369625.9131-65TSDH-80-W1423,675584,475820232.7132-63 Table 3: TSDH-71 Assay Results (Previously Reported on February 24, 2026)DrillholeFromToIntervalTrue WidthAuAgCuMoID(m)(m)(m)(m)(g/t)(g/t)(%)(ppm)TSDH-713563903429.70.20.60.0216and426515.9689.9679.00.91.00.0857incl.455.147216.9Unknown2.32.00.25158 incl.4564626Unknown4.13.50.43302incl.48048665.31.51.60.1241 All composite intervals are reported over a minimum downhole length of 10 m at a minimum length-weighted grade of 0.2 g/t Au, allowing for up to 10 m of consecutive internal dilution below cut-off.All reported intervals refer to downhole core lengths. True width estimates are based upon the Company's current interpretation.Higher-grade intervals reported as any interval over a minimum length of 5 m at a minimum length-weighted grade of 1 g/t Au, allowing for up to 5 m of consecutive internal dilution below cut-off. No assays were capped.Figure 1: Tesorito Drillhole Collar and Section Locations Plan MapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/295938_615bbb461496db48_001full.jpg Figure 2: Tesorito Section A-A' (looking N040°)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/295938_615bbb461496db48_002full.jpgFigure 3: Quinchía Gold Project Deposits and ProspectsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/295938_615bbb461496db48_003full.jpgTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/295938 Original: Tiger Gold Intersects 305.55 m @ 0.5 g/t Au at Tesorito, Including 15.7 m @ 1.1 g/t Au and 8 m @ 1.3 g/t Au
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