Tiger Gold Drills 282 m at 0.6 g/t Au Including Higher-Grade Intervals at Dos Quebradas
TSXV: TIGR | OTCQB: TGRGF | FSE: D150
Overview
Tiger Gold Corp. has reported results from two of its first three diamond drill holes at the Dos Quebradas porphyry gold target, part of the Quinchía Gold Project in Colombia’s Mid-Cauca gold belt. The Company reported that hole QDQDH-27 returned 282.45 metres grading 0.6 g/t gold from 18 metres downhole, including higher-grade intervals of 32 metres at 1.3 g/t Au and 21.23 metres at 1.6 g/t Au.
Robert Vallis, President and CEO, stated: “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.”
Key Highlights
- QDQDH-27 intersected 282.45 m at 0.6 g/t Au from 18 m, including 32 m at 1.3 g/t Au and 21.23 m at 1.6 g/t Au
- The higher-grade interval at 131.17 to 152.4 m also carried elevated copper (0.14%) and molybdenum (37 ppm) within a hydrothermal breccia zone
- QDQDH-25 returned multiple intervals of gold mineralization over its 631.1 m depth, including 60 m at 0.3 g/t Au and 52 m at 0.2 g/t Au
- QDQDH-26 (343.1 m) was drilled on the same section as QDQDH-27, with assays pending
- Three rigs are currently active across the Dos Quebradas, Tesorito, and Ceibal targets
Drill Results
The following table summarizes the reported assay results from the first two holes at Dos Quebradas:
| Drillhole | From (m) | To (m) | Interval (m) | Au (g/t) | Cu (%) |
|---|---|---|---|---|---|
| QDQDH-25 | 28 | 88 | 60 | 0.3 | 0.01 |
| QDQDH-25 | 109 | 155 | 46 | 0.3 | 0.02 |
| QDQDH-25 | 284 | 304.8 | 20.8 | 0.2 | 0.04 |
| QDQDH-25 | 315 | 336 | 20.42 | 0.3 | 0.05 |
| QDQDH-25 | 388 | 440 | 52 | 0.2 | 0.04 |
| QDQDH-27 | 18 | 300.45 | 282.45 | 0.6 | 0.06 |
| incl. | 22 | 54 | 32 | 1.3 | 0.08 |
| incl. | 131.17 | 152.4 | 21.23 | 1.6 | 0.14 |
Project Context
The Dos Quebradas target is one of several mineralized zones within the Quinchía Gold Project, located in the Department of Risaralda, Colombia. According to the Company, the project is situated in the prolific Mid-Cauca gold belt, which hosts multiple multi-million-ounce gold deposits. Tiger Gold holds an option to acquire a 100% interest in the project.
The Company noted that Dos Quebradas has a historical mineral resource estimate of 459,000 ounces of gold (20.2 Mt at 0.71 g/t Au, inferred, at a 0.5 g/t cut-off). Tiger Gold cautioned that this historical estimate has not been verified and is not being treated as a current mineral resource. The Company stated that verification will require core assay confirmation, database validation, and updated geological modelling.
The 20,000-metre initial drill program is being conducted with three active rigs across the Dos Quebradas, Tesorito, and Ceibal targets. Additional drill results from QDQDH-26 and holes at Tesorito and Ceibal are pending.
What to Watch Next
- Assay results from QDQDH-26, drilled on the same section as the higher-grade QDQDH-27
- Forthcoming results from Tesorito and Ceibal drill targets
- Progression of the 20,000-metre initial drill program across the Quinchía project
About Tiger Gold Corp.
Tiger Gold Corp. is a growth-focused exploration and development enterprise advancing the Quinchía Gold Project, a multi-million-ounce gold resource in Colombia’s Mid-Cauca belt. The Company’s leadership comprises specialists in geology, engineering, metallurgy, and finance from operations including AngloGold Ashanti, Barrick, Yamana Gold, and others.
Read the full press release here.
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