Tiger Gold Reports 268 m @ 0.5 g/t Au from Surface in New Ceibal Hole

Tiger Gold Reports 268 m @ 0.5 g/t Au from Surface in New Ceibal Hole
TSXV: TIGR | OTCQB: TGRGF

Overview

Tiger Gold Corp. announced assay results from hole CEDDH-023 at its Ceibal target, part of the Company's Quinchía Gold Project in Colombia's Mid-Cauca gold belt. According to the company, Ceibal lies approximately 1 kilometre south of the Miraflores deposit and 1 kilometre southwest of the Tesorito deposit.

The company reported that CEDDH-023 intersected 268 metres grading 0.5 g/t Au from surface, extending mineralization into a previously untested part of the corridor at the southern end of the structure. Tiger Gold stated that mineralization remains open to the west and southwest, where four additional holes are testing for extension, and that three drill rigs remain active at Ceibal with assays pending from both Ceibal and Tesorito.

Key Highlights

  • CEDDH-023 intersected 268 metres @ 0.5 g/t Au from surface, extending mineralization south into a previously untested part of the corridor
  • Mineralization remains open to the west and southwest, where four holes are testing for extension
  • Three rigs remain active at Ceibal, with assays pending from Ceibal and Tesorito
  • Ceibal drilling is intended to support a maiden Mineral Resource estimate, targeted for near the end of Q1 2027
  • Tiger has completed more than 10,100 metres of drilling at Ceibal to date
  • Drilling at Tesorito concluded on September 30, 2026, with assays pending from 19 holes (3,484 metres)

Strategic/Operational Context

According to the company, CEDDH-023 was drilled to the south to test a gap in drilling at the southern end of the apparent corridor to assist with interpretation and drill program planning. The company reported that the upper 26.8 metres of the interval is developed within supergene-altered saprolite and may in part reflect supergene enrichment, and that below 268 metres downhole, gold grades are generally below 0.2 g/t Au, with no further interval meeting the composite reporting criteria.

The company described alteration in the hole as potassic to approximately 204 metres, overprinted by moderate to strong chlorite-sericite continuing to 288 metres, with structurally controlled argillic alteration also present. From 288 metres, propylitic alteration, also logged at 50 to 83 metres, reappears and becomes dominant from approximately 319 metres. The hole enters basalt at 341 metres and ends at 360.4 metres downhole. Tiger Gold stated this transition is interpreted to be consistent with drilling the more strongly altered part of the system into its outer alteration halo, approaching the southern margin of mineralization in this part of the corridor, though drilling has not yet defined this margin.

According to the company, CEDDH-025 and CEDDH-028 were drilled across the apparent strike of the corridor in this area to test this interpretation, while CEDDH-024 was drilled from the CEDDH-023 pad at N230°, consistent with most drilling completed to date. The company noted that CEDDH-031 is collared about 90 metres south of CEDDH-023, CEDDH-029 about 160 metres to the west, and CEDDH-032 about 130 metres to the southwest, and that together these four holes will test for extension of mineralization to the west and southwest.

Tiger Gold also stated that, to help resolve the orientation and dip of the corridor and to test the extent of mineralization across strike, it drilled an offset scissor pair, CEDDH-020 at approximately N100° and CEDDH-021 at approximately N280°, with results for CEDDH-020, CEDDH-021, and CEDDH-022 pending. With drilling at Tesorito complete, all three of Tiger's drill rigs are now active at Ceibal, and drilling there is intended to support a maiden Mineral Resource estimate, which the company is targeting to report near the end of the first quarter of 2027.

According to the company, results from Tesorito are designed to support an updated Mineral Resource estimate for Tesorito in early 2027, to be followed by an updated Preliminary Economic Assessment targeted for near the end of the first quarter of 2027, which would incorporate Tesorito, Miraflores, and, subject to completion of a maiden Mineral Resource estimate, Ceibal.

"CEDDH-023 has opened up new ground at Ceibal, carrying mineralization from surface into a previously untested part of the corridor," commented Robert Vallis, President and CEO. "We see real potential for further expansion to the west and southwest, and we await more assays from four holes testing that area. With three rigs turning, Ceibal is moving rapidly toward a maiden Mineral Resource estimate."

Resources

  • CEDDH-023: 0 to 268 metres, 268 metre interval, 0.5 g/t Au, 0.8 g/t Ag, 0.04% Cu, 17 ppm Mo
  • Collar location (CEDDH-023): Easting 422,602, Northing 583,780, Elevation 1,251 m, Length 360.40 m, Azimuth N180°, Dip -50°
  • Total Ceibal drilling completed to date: more than 10,100 metres
  • Tesorito pending assays: 19 holes totaling 3,484 metres

What to Watch Next

  • Pending assay results for CEDDH-020, CEDDH-021, and CEDDH-022
  • Results from four step-out holes (CEDDH-024, CEDDH-029, CEDDH-031, CEDDH-032) testing extension of mineralization to the west and southwest
  • Pending assays from 19 Tesorito holes (3,484 metres)
  • Maiden Mineral Resource estimate for Ceibal, targeted for near the end of Q1 2027
  • Updated Mineral Resource estimate for Tesorito, targeted for early 2027
  • Updated Preliminary Economic Assessment incorporating Tesorito, Miraflores, and, subject to completion of a maiden Mineral Resource estimate, Ceibal, 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.

Read full press release here.

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