Tiger Gold Completes Infill and Extension Drill Program at Tesorito and Accelerates Drilling at Ceibal with Three Rigs
TSXV: TIGR | OTCQB: TGRGF
Tiger Gold Corp. announced the completion of drilling at its Tesorito gold deposit, part of the Company's 100% owned Quinchía Gold Project in Colombia's Mid-Cauca gold belt, according to the company. Assay results from 19 holes at Tesorito (3,484 metres) are expected to be reported over the coming weeks alongside results from the Ceibal target, where drilling continues with three rigs, the company stated.
No new assay results are reported in this news release, according to the company. All intervals discussed were previously reported in news releases listed under "Previously Reported Tesorito Results," which present estimated true widths, the company noted.
Key Highlights
- Tesorito Phases 1 and 2 drilling are complete, with 12,124 metres of infill, gap, and extension drilling over 48 holes since November 2025, according to the company
- Results from 28 holes (8,600 metres) have been reported to date since January 2026, the company stated
- Results are pending from 19 holes at Tesorito (3,484 metres), according to the company
- An updated Tesorito Mineral Resource estimate is targeted for early Q1 2027, the company said
- Drilling continues at Ceibal with three rigs, intended to support a maiden Mineral Resource estimate targeted for near the end of Q1 2027, according to the company
- An updated Preliminary Economic Assessment is targeted for near the end of Q1 2027, the company stated
Tesorito Drilling Results Previously Reported
According to the company, previously reported results from the interpreted north-northeast trend include:
- TSDH-88: 234.54 m @ 1.2 g/t Au from 2 m, including 26.57 m @ 2.3 g/t Au and 27.6 m @ 1.8 g/t Au
- TSDH-87: 180.3 m @ 1.0 g/t Au from surface, including 66.5 m @ 1.3 g/t Au
- TSDH-92: 243.4 m @ 0.5 g/t Au from 2 m, including 7.2 m @ 2.8 g/t Au and 6 m @ 2.8 g/t Au
- TSDH-95: 342 m @ 0.5 g/t Au from 92 m, including 9.7 m @ 1.7 g/t Au
The company stated that additional assays along this interpreted trend are pending.
The company also reported, in prior news releases, results interpreted as a potential feeder zone beneath the 2025 Mineral Resource:
- TSDH-71 intersected 89.96 m @ 0.9 g/t Au from 426 m, including a gold-copper-molybdenum sub-interval of 16.9 m @ 2.3 g/t Au, 0.25% Cu and 158 ppm Mo, including 6 m @ 4.1 g/t Au and 0.43% Cu
- TSDH-80: 305.55 m @ 0.5 g/t Au from 516 m, including 15.7 m @ 1.1 g/t Au and 8 m @ 1.3 g/t Au, 0.16% Cu and 131 ppm Mo at depth
Program Details
Drilling at Tesorito began in November 2025 under the Company's Phase 1 program, which allocated 6,000 metres to Tesorito, and continued under the expanded program announced on July 8, 2026, to complete the Tesorito Phase 2 infill, gap, and extension program for a grand total of approximately 12,000 metres planned, according to the company. Drilling at Tesorito was completed on September 30, 2026, for a total of 12,124 metres over 48 holes, including TSDH-82-AB (28 metres), which was abandoned, the company stated.
Assay results for 28 holes (8,600 metres) have been reported to date, with results for the remaining 19 holes (3,484 metres) expected to be reported over the coming weeks, according to the company.
Once all Tesorito results have been received and passed quality control, the company stated that work will begin on an updated Mineral Resource estimate for Tesorito, which the Company is targeting to report in early 2027. The updated estimate will incorporate all the Tesorito Phase 1 and Phase 2 drilling results, according to the company.
With drilling at Tesorito complete, all three of the Company's drill rigs are now at Ceibal, the company stated. The Ceibal program is intended to support a maiden Mineral Resource estimate that the Company is targeting to report near the end of the first quarter of 2027. The company cautioned that there is no certainty that a Mineral Resource estimate will be defined at the Ceibal target.
The Company is targeting to complete an updated Preliminary Economic Assessment for the Quinchía Project that considers the updated Tesorito Mineral Resource, Miraflores, and the anticipated maiden Mineral Resource for Ceibal, according to the company. The Company is targeting to report the results of the PEA near the end of the first quarter of 2027 before proceeding with preliminary feasibility-level studies, the company stated.
Management Commentary
Robert Vallis, President & CEO, commented: "This update highlights Tiger taking another key step towards capturing and delivering value to shareholders, with Tesorito drilling complete and all three rigs now at Ceibal. The Tesorito program continues to give us a much clearer picture of the deposit. Infill holes returned locally higher-than-modelled grades along a trend through the central part of the deposit, and more assays from that trend will be reported shortly. Deeper holes intersected mineralization beneath the Mineral Resource, including a potential feeder zone. We are targeting an updated Mineral Resource estimate in early 2027 for Tesorito, followed by an updated PEA near the end of the first quarter incorporating Ceibal, Tesorito, and Miraflores."
Previously Reported Tesorito Results
The drill results summarized in this news release were previously reported in the following news releases, available under the Company's profile on SEDAR+ and on the Company's website, according to the company:
- "Tiger Drills 139.6 m @ 0.9 g/t Au and Returns Higher-Than-Modelled Grades", January 20, 2026
- "Tiger Gold Intersects Potential Feeder Zone Beneath Tesorito Mineral Resource with 16.9 m @ 2.3 g/t Au and 0.25% Cu, including 6 m @ 4.1 g/t Au and 0.43% Cu, within 89.96 m @ 0.9 g/t Au", February 24, 2026
- "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", April 16, 2026
- "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", May 5, 2026
- "Tiger Gold Intersects 234.5 m @ 1.2 g/t Au and 180.3 m @ 1.0 g/t Au at Tesorito", June 16, 2026
- "Tiger Gold Drills 342 m @ 0.5 g/t Au and 333.6 m @ 0.5 g/t Au at Tesorito", September 22, 2026
Qualified Person
The 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.
What to Watch Next
- Assay results from the remaining 19 holes at Tesorito (3,484 metres), expected to be reported over the coming weeks, according to the company
- Ongoing drilling at Ceibal with three rigs, intended to support a maiden Mineral Resource estimate targeted for near the end of Q1 2027
- An updated Tesorito Mineral Resource estimate, targeted for early Q1 2027
- An updated Preliminary Economic Assessment for the Quinchía Project, targeted for near the end of Q1 2027
About Tiger Gold Corp.
Tiger is a growth-oriented gold exploration and mine development company focused on advancing its 100% owned flagship asset, the Quinchía Gold Project, in the prolific Mid-Cauca belt of Colombia. 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.
Disclaimer and Forward-Looking Statements
The information contained herein is provided by ArcStone Financial Pulse Inc. ("ArcStone Financial Pulse"), a subsidiary of ArcStone Securities and Investments Corp. ("ArcStone"), for informational purposes only. It is not, and under no circumstances should it be construed as, an offer to sell or a solicitation of an offer to buy any securities or other financial instruments in any jurisdiction. This content is not a research report within the meaning of FINRA Rules 2241 or 2242 and does not constitute a research report under any applicable securities laws.
Certain statements contained herein may constitute "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements are based on current expectations, estimates, and assumptions that involve known and unknown risks and uncertainties which may cause actual results or developments to differ materially from those expressed or implied. These statements often include words such as "anticipate," "believe," "expect," "intend," "may," "plan," "project," "should," "target," or similar expressions. Readers are cautioned not to place undue reliance on such statements, which speak only as of the date made. Except as required by law, ArcStone undertakes no obligation to update or revise any forward-looking information.
This content is not intended as investment advice or a recommendation to buy or sell any security and does not take into account the investment objectives, financial situation, or needs of any individual. Investors should consult their own professional advisors before making any investment decisions.
ArcStone Securities and Investments Corp. is not a registered broker-dealer and does not provide investment advice or recommendations. All registrable activities in the United States are conducted through ArcStone Securities, LLC (CRD# 306029) and/or Kingswood Capital Partners, LLC (CRD# 288898), both FINRA-registered broker-dealers, members SIPC. ArcStone Canada Inc. is not registered as a dealer in any Canadian jurisdiction; registrable dealing activities in Canada are conducted through appropriately registered affiliates.
ArcStone Kingswood is a DBA Office of Supervisory Jurisdiction (OSJ) of Kingswood Capital Partners, LLC (Member FINRA/SIPC) under which registered representatives of ArcStone Securities, LLC (Member FINRA/SIPC) and registered representatives of Kingswood Capital Partners, LLC conduct joint capital markets and investment banking activities. ArcStone Securities, LLC and Kingswood Capital Partners, LLC are parties to a written agreement governing the sharing of fees on transactions in which registered representatives of both firms participate. All securities transactions and investment banking services described in this article are conducted exclusively through ArcStone Securities, LLC and/or Kingswood Capital Partners, LLC; "ArcStone Kingswood" itself is not a registered broker-dealer or separate legal entity.
ArcStone Financial Pulse Inc. is owned by the same parent entity (ArcStone Securities and Investments Corp.) that owns ArcStone Securities, LLC. This common ownership, together with the joint operating relationship between ArcStone Securities, LLC and Kingswood Capital Partners, LLC under the ArcStone Kingswood DBA OSJ banner, represents a structural conflict of interest. The issuer featured in this article (the "Company") may be a current or former client of ArcStone or any of its subsidiaries and affiliates. Where ArcStone or its subsidiaries and affiliates have received or have been promised consideration for services provided to the Company, such consideration may include cash, stock, stock options, warrants, and/or Restricted Stock Units (RSUs) for the provision of corporate advisory, investor relations, digital media, or capital markets consulting services. This relationship represents a potential conflict of interest, as ArcStone may be perceived to have an incentive to present the Company in a favorable light. The principals, directors, officers, employees, and related entities of ArcStone and its affiliates may, from time to time, own, buy, or sell securities or derivatives of the Company or its affiliates.