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Tiger Gold Drills 450.9 m @ 0.6 g/t Au from Surface at Ceibal and Steps Out 175 m to the Southwest

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Tiger Gold Drills 450.9 m @ 0.6 g/t Au from Surface at Ceibal and Steps Out 175 m to the Southwest


Tiger Gold Corp. (TSX-V: TIGR) (FSE: D150) (OTCQB: TGRGF)
is pleased to report assay results from hole CEDDH-022 from its Ceibal target at its Quinchía Gold Project in Colombia’s prolific Mid-Cauca gold belt. Ceibal lies 1 kilometre south of the Miraflores deposit and 1 kilometre southwest of the Tesorito deposit.

 

Highlights:

  • CEDDH-022 intersected 450.9 m @ 0.6 g/t Au from surface and ended in mineralization
    • including 9 m @ 1.4 g/t Au from 288 m downhole
    • including 8 m @ 1.3 g/t Au from 434 m downhole
  • CEDDH-022 is the fourth reported hole on its section line, and each has returned a long interval of gold mineralization from at or near surface
  • CEDDH-029, a step-out collared 175 m southwest of CEDDH-022, has assays pending
  • Three rigs are drilling at Ceibal, with results to come from 14 holes
  • Ceibal drilling is intended to support a maiden Mineral Resource estimate, as part of an expanded PEA for the Quinchía Gold Project

“CEDDH-022 carried gold mineralization from surface to the bottom of the hole and provides key drill data as we define the mineralized system at Ceibal,” commented Robert Vallis, President and CEO. “CEDDH-029 takes a 175-metre step-out to the southwest along this line to test for an extension to this exciting gold target. Drilling continues with three rigs as we work diligently toward a maiden Mineral Resource estimate with an updated PEA.”

The results reported in this news release are summarized in Tables 1 and 2. Figure 1 is an illustrative section for CEDDH-022. Figure 2 shows drillhole collar and section locations. Figure 3, located near the end of this release, is a regional map of the Quinchía Gold Project. All reported intervals are downhole core lengths. True widths are unknown.

 

CEDDH-022 Returns 450.9 m Grading 0.6 g/t Au from Surface

CEDDH-022 was positioned to test, at shallower depths, the mineralization intersected at depth in CEDDH-002, -011, and -019 along Section A-A’ (Figures 1 and 2). CEDDH-022 intersected 450.9 metres grading 0.6 grams of gold per tonne from surface, including 9 metres grading 1.4 g/t Au from 288 metres downhole and 8 metres grading 1.3 g/t Au from 434 metres downhole. The hole ended in mineralization.

CEDDH-022 Is the 4th Hole to Return a Long Interval from Near Surface on the Line

Each of the four holes on this section line (Figure 1) returned a long interval from at or near surface. CEDDH-019 intersected 232 metres grading 0.5 g/t Au from surface and 165.7 metres grading 0.9 g/t Au from 284 metres downhole, including 36 metres grading 2.9 g/t Au. CEDDH-011 intersected 685.35 metres grading 0.6 g/t Au from surface, including multiple higher-grade sub-intervals. CEDDH-002 returned 579.1 metres grading 0.5 g/t Au from 7.5 metres downhole, including two higher-grade sub-intervals.

 


Figure 1: Ceibal Illustrative Section A-A’ for CEDDH-022 (looking N318°)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/321491_df4978eee4878b54_001full.jpg

 

Together, these four holes outline a broadly mineralized section through this part of the corridor and provide control for future resource modelling. Assays for the CEDDH-020 and CEDDH-021 scissor holes, which cross the section (not shown), have been received and are being interpreted, and will be reported in a subsequent news release. Results for CEDDH-002, CEDDH-011, and CEDDH-019 were previously reported in Tiger’s news releases dated May 13, July 23, and September 15, 2026, respectively.

 

CEDDH-029 Steps Out 175 Metres to Test for a Southwestern Extension

CEDDH-029 is a step-out hole, collared 175 metres southwest of CEDDH-022 on the same section line and drilled to a final length of 301 metres (Figure 2). It tests beyond the open southwestern edge of the drilled section for shallower extensions of the mineralization intersected at depth along Section A-A’ (Figure 1). Its trace ends 100 metres southwest of, and above, the bottom of CEDDH-022. Assays for CEDDH-029 are pending.

 


CEDDH-022 Intersected Higher-Grade Gold 70 Metres Above the CEDDH-019 Interval

CEDDH-022 intersected a sequence broadly similar to CEDDH-019 and CEDDH-011, dominated by porphyritic dacite, intrusive breccia, and diorite, with potassic alteration overprinted by chlorite-sericite alteration. The upper 27.31 metres of the interval lies within saprolite and porphyritic dacite with strong supergene argillic alteration. Grades in this part of the interval may in part reflect supergene enrichment and are not necessarily representative of primary mineralization at depth. Below the saprolite, CEDDH-022 is mainly intrusive breccia to 190 metres, with mostly moderate potassic alteration and chalcopyrite logged throughout.

CEDDH-022’s higher-grade intervals begin at 288 metres downhole with 9 metres grading 1.4 g/t Au within intrusive breccia. This interval lies within 10 metres horizontally of, and 70 metres vertically above the top of, the 36 metres grading 2.9 g/t Au intersected from 400 metres downhole in CEDDH-019, which is hosted in early diorite. The diorites logged in CEDDH-022 are later intramineral and late phases, and early diorite was not logged. The relationship between the two intervals has not been established.

From 300 metres downhole to the end of the hole, potassic alteration is weak or absent. The deeper 8 metres grading 1.3 g/t Au from 434 metres downhole lies within porphyritic dacite near the bottom of the hole, where molybdenum reaches 59 parts per million (ppm) Mo, compared with 16 ppm Mo over the full 450.9-metre interval (Table 1). Molybdenum also increases with depth in CEDDH-011. The hole ended in mineralization and remains open at depth.

Across the section, the higher-grade intervals occur in different host rocks: early diorite in CEDDH-019, mainly porphyritic dacite in CEDDH-011, and intrusive breccia and porphyritic dacite in CEDDH-022. How they relate from hole to hole has not been established.

 

More Results to Follow as Ceibal Drilling Continues with Three Rigs

Drilling at Ceibal has outlined a northwest to north-northwest trending mineralized corridor, interpreted to be sub-vertical. Its geometry, true thickness, and continuity are not yet defined. Mineralization remains open at depth, to the west and southwest, and, in its central part, across its apparent strike. The area between holes CEDDH-007, -014, and -016 is untested (Figure 2).

 


Figure 2: Ceibal Drillhole Collar and Section Location Plan Map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/321491_df4978eee4878b54_002full.jpg

 

Results are still to be reported for 14 holes: CEDDH-020, CEDDH-021, and CEDDH-024 to CEDDH-035. Six of them (CEDDH-024, -025, -029, -031, -032, and -035) are testing the extent of mineralization to the southwest. Drillholes CEDDH-033, -034, and -035 are underway now.

With drilling at Tesorito complete, all three of Tiger’s drill rigs are drilling at Ceibal. Tiger has drilled more than 11,200 metres in 27 holes at Ceibal to date, as part of its ongoing drill program. Drilling at Ceibal is intended to support a maiden Mineral Resource estimate, which Tiger is targeting to report near the end of the first quarter of 2027.

Results are pending from 19 holes (3,484 metres) at Tesorito. These results are designed to support an updated Mineral Resource estimate for Tesorito in early 2027. That estimate is to be followed by a Preliminary Economic Assessment (PEA), targeted for near the end of the first quarter of 2027. The 2027 PEA is anticipated to incorporate Tesorito, Miraflores, and, subject to completion of a maiden Mineral Resource estimate, Ceibal.

 

Qualified Person

The 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. Neither Mr. Link nor Mr. García is independent of the Company. Drill programs at Ceibal are designed by Mr. Link and Mr. García. Exploration programs at the Quinchía Gold Project are directed and supervised by Mr. García.

 


Sampling, Quality Assurance, and Quality Control

All 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, 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. Core was sampled over nominal 2-metre intervals, adjusted to geological boundaries. 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-MS61 or ME-MS61L). Where applicable, high-grade and overlimit assays are re-analyzed using an appropriate technique. In addition to the laboratory’s quality assurance and quality control (“QA/QC”) practices, certified reference materials, coarse blanks, and quarter-core duplicates are inserted into the sample stream to monitor analytical performance. Mr. García has verified the data underlying the results disclosed in this news release, including the sampling, analytical, and test data, by reviewing the certified reference material, blank, and duplicate QA/QC results against the assay database, and neither Mr. García nor Mr. Link is aware of any limitations on that verification. Other than as reported, no unreported significant core recovery or drilling issues were encountered during the program. Drill core was orientated, and downhole orientation surveys were collected at regular intervals. For data verification of the prior operator drilling results (CEDDH-001 to CEDDH-008) 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.

 

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.

 

For further information, please contact:

Robert Vallis
President, CEO & Director
info@tigergoldco.com
www.tigergoldco.com Kin Communications
Investor Relations
+1 (604) 684-6730
tigr@kincommunications.com

 

Neither 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.

 

Table 1: Ceibal Composite Assay Results

Drillhole
ID
From
(m)
To
(m)
Interval (m) True Width
(m)
Au
(g/t)
Ag
(g/t)
Cu
(%)
Mo
(ppm)
CEDDH-022 0 450.9 450.9 unknown 0.6 1.0 0.05 16
incl. 288 297 9 unknown 1.4 1.1 0.07 6
incl. 434 442 8 unknown 1.3 1.3 0.09 59
  1. 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.
  2. All reported intervals refer to downhole core lengths. True widths are unknown due to the early stage of exploration.
  3. 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

Drillhole
ID
Easting
(m)
Northing
(m)
Elevation
(m)
Length
(m)
Azimuth
(°)
Dip
(°)
CEDDH-022 422,587 583,860 1,250 450.90 N229° -60°
  1. Collar easting and northing were measured by handheld GPS (±5 m). Collar elevations were derived from the airborne LiDAR digital terrain model (WGS84 ellipsoidal heights), flown before pad construction (±2 m, allowing for pad excavation). Coordinates are approximate and reported in WGS84 UTM Zone 18N (EPSG:32618).

 


Figure 3: Quinchía Gold Project Deposits and Prospects

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11720/321491_df4978eee4878b54_003full.jpg

Posted October 29, 2026

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