CA Market News
55分前
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
2日前
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
2週前
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
2週前
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
3週前
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
4週前
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
CA Market News
1月前
Tiger Gold Drills 282 m @ 0.6 g/t Au, including 32 m @ 1.3 g/t Au and 21 m @ 1.6 g/t Au, at Dos Quebradas in Initial Drill ProgramApril 21, 2026 3:05 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 21, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to report assay results from two of three holes drilled in its initial exploration program at Dos Quebradas. Drilling at Dos Quebradas forms part of Tiger's broader 20,000-metre drill program at its Quinchía Gold Project in Colombia's prolific Mid-Cauca gold belt. Three diamond drill rigs are currently active across the project, with assays pending from Dos Quebradas, Tesorito, and Ceibal.Highlights:QDQDH-27 returned 282.45 m @ 0.6 g/t Au from 18 m downhole, including: 32 m @ 1.3 g/t Au, and21.23 m @kiddo8 returned multiple gold intervals across a 631.1 m hole.QDQDH-26 intersected mineralized breccia on same section line as QDQDH-27.Assays pending for QDQDH-26 and for additional holes at Tesorito and Ceibal.Dos Quebradas has a historical Inferred Mineral Resource estimate of 459,000 oz Au (20.2 Mt at 0.71 g/t Au) reported under the 2012 JORC Code.The Dos Quebradas estimate is historical, and a qualified person has not done sufficient work to classify this estimate as current, and Tiger is not treating it as current. See "Dos Quebradas Historical Mineral Resource" below.Robert Vallis, President & CEO, commented, "QDQDH-27 is an encouraging result from our initial drill program at Dos Quebradas - 282 metres of mineralization grading 0.6 g/t gold, including 1.3 g/t Au over 32 and 1.6 g/t Au over 21 m. While we wait for assays from QDQDH-26, which is on the same section line as QDQDH-27, we are updating our model and planning the next phase of drilling at Dos Quebradas with the goal of defining a current Mineral Resource, alongside our ongoing programs at Tesorito and Ceibal."The results reported in this release relate to drillholes QDQDH-25 and QDQDH-27, the locations of which are shown in Figure 1, and are summarized in Tables 1 and 2. All intervals are reported as downhole lengths and true widths have not been determined. Assays for drillhole QDQDH-26 are pending.QDQDH-27 Returns Broad Interval of 282 m @finance1 was drilled to 300.45 m and returned 282.45 m grading 0.6 g/t Au from 18 m downhole and ended in mineralization, including 1.3 g/t Au over 32 m and 1.6 g/t Au over 21.23 m, as detailed in Table 1.As shown in Figure 2, the hole was collared into saprolite and passed through a tuff sequence before entering an inter-mineral magmatic breccia and diorite complex beginning at approximately 113 m downhole. The upper higher-grade interval of 32 m grading 1.3 g/t Au from 22 m is hosted within a strongly oxidized tuff sequence with quartz-magnetite ("QM") type veins and abundant magnetite veins, while the deeper interval of 21.23 m grading 1.6 g/t Au from 131.17 m coincides with inter-mineral magmatic breccia and associated late and early diorite intrusions with A and B type veins. Below the breccia-diorite complex, the hole transitions into early diorite and basalt, and terminated in mineralization, indicating that the system remains open to depth.Elevated copper and molybdenum values are present throughout the mineralized interval and increase within the breccia-diorite complex (Table 1). The higher-grade interval from 131.17 m to 152.4 m returned 0.14% Cu and 37 ppm Mo alongside 1.6 g/t Au over 21.23 m. The spatial correlation between gold, copper, molybdenum, and alteration assemblages within the breccia host rock is consistent with the porphyry Au-Cu-Mo signature and alteration framework described in the Mineralization and Geological Setting section below.QDQDH-25 Returns Multiple Gold Intervals Across 631 mAs shown in Figure 3, QDQDH-25 was drilled to 631.1 m and returned several gold intervals distributed across much of its length, as detailed in Table 1. The strongest interval was 60 m grading 0.3 g/t Au from 28 m, hosted within tuffs and inter-mineral magmatic breccia.The hole also returned 46 m grading 0.3 g/t Au from 109 m within the broader breccia complex. Geological logging records a long section of inter-mineral magmatic breccia from approximately 99 m to 303 m, with additional intervals of 20.8 m grading 0.2 g/t Au from 284 m and 20.42 m grading 0.3 g/t Au from 315 m intersected within and below this zone. In the deeper part of the hole, 52 m grading 0.2 g/t Au from 388 m was intersected, with late diorite and additional breccia phases encountered at depth.While individual interval grades in QDQDH-25 are modest, the hole suggests that gold mineralization is present across a significant vertical and lateral extent within this portion of the Dos Quebradas system. Copper and molybdenum values are low in the shallow intervals but increase with depth: the 52 m interval from 388 m to 440 m returned 48 ppm Mo, and 0.2 g/t Au, and a 10 m interval from 366 m returned 128 ppm Mo and 0.2 g/t Au. This vertical zonation pattern, with copper and molybdenum strengthening at depth relative to gold, is consistent with zonation observed in porphyry systems.The wide distribution of gold is associated with QM veinlets in wall rock, including basalts and magmatic breccia. The extent of this mineralized envelope, even in lower-grade sections, is consistent with a broad hydrothermal system.QDQDH-26 Intersected Mineralized Breccia on Same Section as QDQDH-27 — Assays PendingQDQDH-26 was drilled to 343.1 m on the same section line as QDQDH-27. As shown in Figure 3, the hole intersected inter-mineral magmatic breccia near surface, followed by basalt with intervals of early diorite, intra-mineral diorite, and additional breccia phases at depth. Assays are pending and will be reported in a subsequent news release.Geological Setting, Mineralization, and Exploration Program FrameworkDos Quebradas is located within the Quinchía Gold district in the prolific Mid-Cauca belt of Colombia, part of a cluster of deposits exhibiting multiple styles of mineralization including porphyry, epithermal vein, and hydrothermal breccia (Figure 4). Mineralization is primarily hosted within a porphyry-related intrusive and breccia complex emplaced at the contact between tuff of the Combia Formation and basalts of the Cretaceous basement, with surrounding volcanic and volcaniclastic country rocks. Tiger's and prior operator drilling has defined a mineralized footprint of approximately 400 m by 350 m that remains open for expansion.At Dos Quebradas, gold mineralization is primarily hosted within a multi-phase complex of inter-mineral magmatic breccias and diorite intrusions emplaced along the diorite-basalt contact zone. Gold and copper are associated mainly with B- and QM-type veinlets and in less proportion with A-type veins. Sulfide mineralogy includes pyrite, chalcopyrite, bornite, and minor molybdenite, with sulphide content increasing in later intrusive phases.Prior to drilling, Tiger undertook a comprehensive geological review of the Dos Quebradas prospect, including re-logging of drill core, geological mapping, surface rock sampling, and a reassessment of the surface channel sampling results from 2022.On November 8, 2022, LCL Resources Limited reported results of 146.6 m grading 1.82 g/t Au, including 34 m grading 4.22 g/t Au and 40 m grading 2.16 g/t Au. These results are from continuous 2 m channel samples taken within the saprolite profile above the Dos Quebradas mineralized zone as shown in Figure 3. Shallow auger sampling confirmed the presence of near surface gold mineralization, supporting the interpretation that mineralization extends below the weathered surface. Channel and auger samples were collected within deeply weathered saprolite of diorite and intrusive breccia. Near-surface grades may reflect supergene enrichment processes and are not necessarily representative of primary mineralization at depth.Tiger's fieldwork and data review contributed to an updated interpretation of the mineralized system, including the role of diorite intrusions, and characterized the alteration and veining framework, resulting in the construction of a new lithological model. Notably, gold mineralization at Dos Quebradas is associated with B- and QM-type vein systems, with A-type veins present but minor and related to early intrusive phases. The dominant mineralization host appears to be inter-mineral magmatic breccia, rather than the diorite intrusions emphasized in prior operator interpretations.Tiger's drilling intersected porphyry-style gold mineralization hosted within a multi-phase sequence of magmatic breccias and diorite intrusions. Mineralization strengthens where drillholes intersect zones of higher vein density, and stronger alteration. Alteration is dominated by earlier potassic zones marked by biotite and magnetite, locally overprinted by chlorite-sericite assemblages.Tiger's initial three-hole exploration program was designed to evaluate the geometry and grade distribution of the mineralized system based upon Tiger's Dos Quebradas geological model. These results are still being assessed and integrated into the model to inform the next phase of drilling. Additional drilling is warranted to further evaluate the continuity and extent of mineralization. The updated interpretation described in this news release differs from the geological model underlying the historical Inferred Mineral Resource estimate, and this drill program is not intended to verify that estimate.Dos Quebradas Historical Inferred Mineral ResourceThe most recent historical Mineral Resource estimate for the Dos Quebradas deposit was prepared by Resource Development Associates Inc. with an effective date of February 25, 2020, and reported by LCL Resources Limited in accordance with the JORC Code (2012). The historical estimate consisted of an Inferred Mineral Resource of 20.2 Mt at 0.71 g/t Au (for 459,000 oz of gold) using a 0.5 g/t Au cut-off.The historical estimate was based upon 19 diamond drillholes (8,824 m) drilled on 25 m section spacing, defining mineralization over an approximate 400 m by 300 m area from surface to a depth of approximately 550 m.This estimate is considered historical and has not been verified by Tiger. A qualified person has not done sufficient work to classify this estimate as current, and Tiger is not treating it as current. Recommended work programs include assaying of core drilled by prior operators to confirm grades, database validation and verification to ensure data integrity, and updated geological modelling to align with current CIM Definition Standards for Mineral Resources and Mineral Reserves. Tiger considers Dos Quebradas an exploration prospect within the Quinchía Gold Project, with potential requiring further drilling and evaluation.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. Core is sampled at predominantly 2 m nominal intervals within mineralized and prospective zones, with 4 m 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. No unreported significant core recovery or drilling issues were encountered during the program. Collar coordinates reported in this release are approximate and were recorded in the field using handheld GPS with elevation derived from a 2012 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 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"). Exploration programs at Dos Quebradas are designed by Mr. Garcia and Mr. Link and supervised by Mr. Garcia.About Tiger Gold Corp.Tiger is a growth-oriented gold exploration and mine development company focused upon 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
Tiger Gold Corp.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 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, 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: Drillhole Assay Results Reported in This ReleaseDrillholeFromToIntervalAuAgCuMoID(m)(m)(m)(g/t)(g/t)(%)(ppm)QDQDH-252888600.30.60.0116and109155460.30.30.026and284304.820.80.20.70.0427and31533620.420.30.90.0523and366376100.20.80.05128and388440520.20.70.0448and464476120.20.60.0410QDQDH-26Assays PendingQDQDH-2718300.45282.450.61.00.0629incl.2254321.31.30.0834incl.131.17152.421.231.61.20.1437 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 and length-weighted average grades. True widths 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)(°)(°)QDQDH-25421,055587,0451,531631.1N099°-50°QDQDH-26421,275586,9401,567343.1N085°-60°QDQDH-27421,210586,9151,596300.45N095°-60° Figure 1: Dos Quebradas drillhole collar and section locations plan mapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/293548_d89f936364266996_001full.jpgFigure 2: Dos Quebradas Section A-A' (looking N006°)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/293548_d89f936364266996_002full.jpgFigure 3: Dos Quebradas Section B-B' (looking N006°)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/293548_d89f936364266996_003full.jpgFigure 4: Quinchía Gold Project Deposits and ProspectsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/293548_d89f936364266996_004full.jpgTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/293548
Original: Tiger Gold Drills 282 m @ 0.6 g/t Au, including 32 m @ 1.3 g/t Au and 21 m @ 1.6 g/t Au, at Dos Quebradas in Initial Drill Program
CA Market News
2月前
Tiger Gold Intersects 169.7 m at 0.9 g/t Au of Porphyry-Style Mineralization at Tesorito, Including 25 m at 2.2 g/t AuApril 16, 2026 4:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 16, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to report assay results from six drillholes 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-78: 169.71 m @ 0.9 g/t Au from 278.29 m, including:25 m @ 2.2 g/t Au and 206 ppm Mo from 330 m,17.1 m @ 1.5 g/t Au from 365 m, and10 m @Trader Dan returned broad gold mineralization associated with intrusive breccias, diorite pulses, and porphyry-style veining beneath the current Mineral Resource conceptual pit shell. Hole TSDH-80 was drilled to test the expected continuation of the potential feeder-style mineralizing event below TSDH-71, with assays pending.Additional assay results are pending from drillholes at Tesorito, Dos Quebradas, and Ceibal.Robert Vallis, President & CEO, commented, "TSDH-78 is another strong result from one of the strongest sections drilled at Tesorito to date and further supports the continuity of higher-grade mineralization in this part of the deposit. Together with the other holes drilled, we continue to improve our understanding of the Tesorito system and help define the extent of mineralization in this area. TSDH-78 also provides important geological information in relation to the potential feeder-style mineralization identified in TSDH-71, and we now look forward to receiving assays from TSDH-80, which was drilled to test the expected continuation of that zone below TSDH-71."The results reported in this release relate to drillholes TSDH-75, TSDH-76, TSDH-77, TSDH-78, TSDH-79, and TSDH-81 and are summarized in Tables 1 and 2. Figure 1 shows the location of the reported drillholes, and Figures 2, 3, and 4 present representative sections through the current Tesorito model. Figure 5 is a map of the Quinchía Gold Project.TSDH-78 Returns Broad Gold Mineralization with Higher-Grade Internal Intervals TSDH-78 returned 169.71 m grading 0.9 g/t Au from 278.29 m, including 25 m grading 2.2 g/t Au and 206 ppm Mo from 330 m, 17.1 m grading 1.5 g/t Au from 365 m, and 10 m grading 1.4 g/t Au from 392 m, as detailed in Table 1. This interval begins where the hole enters a more complex intrusive-dominated sequence within the broader Tesorito porphyry system. The strongest part of the interval is associated with intrusive breccias and diorite pulses, together with chlorite-sericite-magnetite alteration overprinting earlier potassic alteration. This interval also contains A-, B-, and M-type porphyry veinlets, with chalcopyrite and molybdenite observed in association with porphyry-style veining.Figure 1: Tesorito drillhole collar and section locations plan mapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/292823_c8a1234474cb0ae4_001full.jpgSection Line A-A' (Figure 2)Figure 2: Tesorito Section A-A' (looking N040°)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/292823_c8a1234474cb0ae4_002full.jpgFigure 2 presents a cross section through drillholes TSDH-68, TSDH-69, TSDH-70, TSDH-71, and TSDH-78 together with the current Inferred Mineral Resource block model. Results for TSDH-68 to TSDH-71 were previously reported in Tiger news releases dated January 20, January 29, February 18, and February 24, 2026, and are summarized in Table 3.TSDH-78 was drilled above TSDH-71 on the same section line and tested for the possible continuation of the potential feeder-style mineralizing event identified in that hole. While TSDH-78 returned a broad gold-mineralized interval, it did not exhibit the same distinctive Au-Cu-Mo-rich signature encountered in TSDH-71.As summarized in Table 3, 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. TSDH-78 is instead interpreted as an important upper expression of this part of the system.TSDH-80 remains the more direct test of the expected continuation of that zone below TSDH-71, and assays are pending.Section Line B-B' (Figure 3)TSDH-77 Helps Define a Near-Surface Lateral Boundary to the Porphyry SystemTSDH-77 intersected near-surface mineralization grading 0.3 g/t Au over 171.35 m from 8 m downhole to the end of hole, in an area where the current block model display only partially reflects mineralization due to the 0.2 g/t Au display cut-off (Figure 3). The hole was drilled predominantly in fractured porphyry andesite. Geological logging indicates the hole did not intersect the targeted potassic-centred porphyry domain. While the hole remained outside the high-temperature potassic core, the presence of propylitic and chlorite-sericite alteration with persistent M- and D-type veining provides essential boundary control. This helps refine the outer geometry of the mineralized envelope for future resource modelling.Together with TSDH-76 on the same section line (Figure 3), the Company interprets TSDH-77 as helping define the near-surface lateral limit of stronger porphyry development within this part of the deposit. It also adds useful boundary control for ongoing refinement of mineralized domains and supports interpretation of the outer geometry of the system on this section.Figure 3: Tesorito Section B-B' (looking N038°)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/292823_c8a1234474cb0ae4_003full.jpgTSDH-76 Intersects a Broad Mineralized Interval and Helps Refine Shallow GeometryTSDH-76 intersected 147 m grading 0.3 g/t Au from 66 m to 213 m downhole within porphyry andesite. The principal porphyry-style target is interpreted from approximately 175 m to 204.5 m and is marked by weak potassic alteration overprinted by chlorite-sericite alteration, together with M-dominant veining and subordinate B-type veinlets.TSDH-76 is positioned along the same section line as TSDH-77 (Figure 3) and one section southeast of the TSDH-72, TSDH-73, and TSDH-74 line. Although no intrusive breccia or early diorite was logged, the alteration and vein assemblages are consistent with a porphyry vector. Together with the consistent gold grades, this suggests the hole is tracking the outer margin of a structurally controlled mineralized centre.In addition, the broad mineralized interval provides useful information on the geometry of the upper mineralized envelope on this section. It also helps define the shallow margin of mineralization, which is relevant to ongoing refinement and validation of the geological model and future resource modelling.TSDH-81 Confirms Porphyry-Style Mineralization Near the SE Pit Shell MarginTSDH-81 was a short vertical hole drilled to a depth of 98.8 m near the southeastern margin of the current Tesorito Mineral Resource pit shell and intersected 47 m grading 0.3 g/t Au from 15 m and 24.8 m grading 0.4 g/t Au from 74 m. The hole intersected porphyritic andesite dominated by chlorite-sericite alteration, with a discrete propylitic interval from 28.85 m to 41 m. Between 50.15 m and 52.72 m, the hole encountered a porphyry-style mineralized interval characterized by B-type veinlets with a quartz-pyrite-chalcopyrite-molybdenite assemblage. While limited in thickness, this interval confirms that porphyry-style mineralization extends to this part of the system and provides useful vector information for ongoing targeting nearby.Section Line C-C' (Figure 4)TSDH-75 Confirms Deeper Porphyry-Style MineralizationTSDH-75 intersected two significant gold intervals: 64 m grading 0.3 g/t Au from 334 m and 72.9 m grading 0.5 g/t Au from 410 m to 482.9 m downhole. The deeper interval coincides with a short intra-mineral diorite segment followed by porphyry andesite and is interpreted as the principal porphyry target in the hole. Geological logging records chlorite-sericite alteration overprinting weak to locally moderate potassic alteration. Veining includes M- and B-type veinlets, with pyrite and magnetite as disseminations and stringers, and local chalcopyrite and molybdenum associated with B-type and gypsum veinlets. The presence of M- and B-type veinlets with associated chalcopyrite and molybdenum reinforces the continuity of the mineralized system on this section.Located southwest of section line A-A' (Figure 2), which contains previously reported holes TSDH-68 and TSDH-70, TSDH-75 extends the geological picture to a deeper and more distal position and provides additional control for refining continuity in this part of the deposit. This hole confirms that porphyry-style mineralization persists at depth and adds useful control for interpreting continuity within the broader mineralized system.Figure 4: Tesorito Section C-C' (looking N038°)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/292823_c8a1234474cb0ae4_004full.jpgTSDH-79 Constrains the Southeastern MarginTSDH-79 intersected 22 m grading 0.3 g/t Au from 18 m and 10 m grading 0.2 g/t Au from 52 m (Figure 4). The hole was drilled southeast of TSDH-72, TSDH-73, and TSDH-74 to follow up on a south-southeast trend previously identified in TSDH-72 and to test toward the coincident surface molybdenum anomaly in that direction. TSDH-79 provided the first direct drill test of the south-southeast trend and the surface molybdenum anomaly. While the hole did not intercept the main potassic core, it encountered late-stage diorite intrusions and hydrothermal alteration within the sedimentary sequence. This confirms a broad hydrothermal footprint extends to the southeast and provides key structural data for ongoing targeting in this emerging corridor.Figure 5: Quinchía Gold Project Deposits and ProspectsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/292823_c8a1234474cb0ae4_005full.jpgMineral 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 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. 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").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, potential mineralization, potential porphyry plugs, potential feeder zones and potential porphyry centres, lateral extensions, 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: Drillhole Assay Results Reported in this ReleaseDrillholeFromToIntervalTrue WidthAuID(m)(m)(m)(m)(g/t)TSDH-753343986454.70.3and410482.9072.9062.10.5TSDH-7666213147125.70.3TSDH-778179.35171.35146.70.3TSDH-78278.29448169.71138.00.9incl.3303552521.62.2incl.365382.117.114.71.5incl.392402108.61.4TSDH-7918402218.90.3and5262108.50.2TSDH-8115624737.90.3and7498.824.820.00.4 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-75423,490584,6051,356500.1130-60TSDH-76423,640584,3551,290220.55140-60TSDH-77423,580584,4051,301179.35129-60TSDH-78423,530584,6201,347465130-60TSDH-79423,830584,2601,254154.65130-60TSDH-81423,805584,2051,26498.8360-90 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292823
Original: Tiger Gold Intersects 169.7 m at 0.9 g/t Au of Porphyry-Style Mineralization at Tesorito, Including 25 m at 2.2 g/t Au
CA Market News
2月前
Tiger Gold Accelerates Drilling at Ceibal and Increases Initial Drill Program to 5,000 MetresApril 14, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 14, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to announce that drilling is now underway with two rigs at the high-priority Ceibal target area on its Quinchía Gold Project. The Company has expanded the planned initial exploration program from 1,500 metres to 5,000 metres. Drilling at Ceibal forms part of Tiger's broader 20,000-metre drill program at Quinchía, located in the prolific Mid-Cauca belt of Colombia. Robert Vallis, President & CEO, commented, "Ceibal represents an exciting opportunity for Tiger with the potential to materially expand the existing resource base at Quinchía. Drilling is now underway at Ceibal with two rigs, and we have expanded the planned program from 1,500 to 5,000 metres. The planned drilling is intended to establish an initial section across the mineralised corridor, followed by step-out holes along the corridor to test its extent. A single 1,200-metre hole is also planned to test the system below surface and gather vectoring information toward the causative porphyry. Prior drilling at Ceibal returned long intersections of porphyry-style mineralisation in multiple holes, including two intervals of 500 metres or more grading 0.5 g/t Au, and we believe Ceibal has the potential to support follow-up drilling directed toward future Mineral Resource definition. With three rigs operating across Quinchía, we are well positioned to continue advancing Ceibal alongside our other drilling priorities, including Tesorito and Dos Quebradas."The Ceibal target area (Figure 1) is located 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, including its location within the broader Marmato Fault Corridor, a surface geochemical anomaly that is broadly comparable in size and tenor, and porphyry-style mineralisation hosted in andesite. 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. Prior drilling at Ceibal highlighted the potential scale of a significant porphyry-style gold system. Between 2021 and 2022, a prior operator completed 8 HQ- and NQ-diameter diamond drillholes totalling 5,433.76 metres at the Ceibal target area across two programs. The programs reported long intersections of porphyry-style gold mineralisation in multiple holes, as summarized in Table 1, with select highlights including:CEDDH-001: 500 m @No Moderator: 579.1 m @GMan: 466 m @Not available for adoption: 362 m @ihub_tutorial: 351.6 m @ROB: 248.3 m @ 0.4 g/t Au from 538 m downhole.Drilling at Ceibal has delineated at least 300 metres of mineralised andesite and basalt along a corridor that remains open to the north-northwest, the south-southeast, and to the southwest (Figure 2). Based upon the current interpretation, this corridor is defined by drilling in six holes, CEDDH-001 through CEDDH-006. The full extent, width, and orientation of this mineralised corridor have not yet been established, and refining that interpretation is a key objective of this initial program. Mineralisation is associated with QM- and M-type veining and chlorite-sericite overprinting, with subordinate potassic alteration. Sulphides commonly include pyrite, with lesser chalcopyrite and molybdenite, and magnetite is ubiquitous. The causative intrusive porphyry, or feeder zone, has not yet been intersected.Tiger's expanded 5,000-metre initial drill program at Ceibal is intended to build upon prior drilling by systematically testing the apparent north-northwest-trending mineralised corridor and assessing continuity at depth. The use of two drill rigs and the increased program size is intended to accelerate data collection at this early stage, with the objectives of evaluating the overall scale of mineralisation, further refining the geological interpretation and framework, and generating the dataset needed to support future resource definition drilling.Figure 1: Quinchía Gold Project Deposits and ProspectsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/292378_637813e5048c5806_002full.jpgFigure 2: Ceibal Target Area Plan MapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/292378_637813e5048c5806_003full.jpg 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. 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").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, New Gold, 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, potential mineralisation, potential porphyry plugs, potential feeder zones and potential porphyry centres, lateral extensions, and the potential to expand mineralisation 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 mineralisation on adjacent or nearby properties is not necessarily indicative of mineralisation 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 mineralisation; uncertainties related to geological continuity, potential mineralisation and the extent of mineralisation, which may not yield economically viable results; additional mineralised zones that may not contain economically viable mineralisation 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 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.Table 1: 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 not known at this time, as there is insufficient information to determine the orientation of mineralisation relative to the drillhole.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 Table 1 were previously reported by LCL Resources Limited in news releases dated July 8, 2021, November 22, 2021, and June 28, 2022.Table 2: Drillhole Collar Information (EPSG:32618)DrillholeEastingNorthingElevationLengthAzimuthDipID(m)(m)(m asl)(m)(°)(°)CEDDH-0014225665839371,283500.0229-61.5CEDDH-0024227095839761,277586.6217-59.3CEDDH-0034227915838391,242677.55230-61.3CEDDH-0044225375839811,277510.9235-64.2CEDDH-0054224115837281,203512.352-51.2CEDDH-0064228035839931,279786.3224-70.0CEDDH-0074226775840961,336900.225-70.1CEDDH-0084230575841901,409959.91229-75.6 To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292378
Original: Tiger Gold Accelerates Drilling at Ceibal and Increases Initial Drill Program to 5,000 Metres