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Tiger Gold Extends Mineralization to the South at Ceibal, Drilling 268 m @ 0.5 g/t Au from Surface

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Tiger Gold Extends Mineralization to the South at Ceibal, Drilling 268 m @ 0.5 g/t Au from Surface

 

 

 

 

 

Tiger Gold Corp. (TSX-V: TIGR) (FSE: D150) (OTCQB: TGRGF) is pleased to report assay results from hole CEDDH-023 from its Ceibal target at its Quinchía Gold Project in Colombia’s prolific Mid-Cauca gold belt. Ceibal lies approximately 1 kilometre south of the Miraflores deposit and 1 kilometre southwest of the Tesorito deposit.

 

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

 

“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.”

 

The results reported in this news release are summarized in Tables 1 and 2. Figure 1 shows the Ceibal drillhole collar and section locations. Figure 2 is the interpretive cross-section for CEDDH-023. Figure 3 is a regional map of the Quinchía Gold Project. All reported intervals are downhole core lengths. True widths are unknown.

 

Drilling at Ceibal has outlined a northwest to north-northwest trending mineralized corridor that is interpreted to be sub-vertical, with an indeterminate dip direction. The apparent width of the corridor is not well constrained by drilling. Mineralization has been traced to approximately 800 metres vertically below surface in previous drilling and remains open at depth, to the west and southwest, and, in the central part of the corridor, across its apparent strike. The extent of mineralization to the north and north-northeast has not been tested.

 

CEDDH-023 Returns 268 m Grading 0.5 g/t Au from Surface at the Southern End of the Corridor

 

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 (Figure 1).

 

As shown in Figure 2, CEDDH-023 intersected 268 metres grading 0.5 g/t Au from surface, hosted in porphyritic dacite. The upper 26.8 metres of the interval is developed within supergene-altered saprolite and may in part reflect supergene enrichment. The hole extends mineralization into a part of the corridor that had not been drilled. Below 268 metres downhole, gold grades are generally below 0.2 g/t Au, and no further interval meets the composite reporting criteria.

 

Potassic alteration is logged to approximately 204 metres, overprinted by moderate to strong chlorite-sericite, which continues to 288 metres, and by structurally controlled argillic alteration. In this upper part of the hole, alteration, veining, and mineralization are consistent with the nearby holes shown on Figure 2. 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. 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. Drilling has not yet defined this margin. True widths are unknown.

 

Figure 1: Ceibal Drillhole Collar and Section Location Plan Map

 

CEDDH-025 and CEDDH-028 were drilled across the apparent strike of the corridor in this area and will test this interpretation (Figure 1). CEDDH-024 was drilled from the CEDDH-023 pad at N230°, consistent with most drilling completed to date. 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. Together, those four holes will test for extension of mineralization to the west and southwest.

 

Figure 2: Ceibal Interpretive Section A-A’ for CEDDH-023 (looking N090°)

 

More Results to Follow as Ceibal Drilling Continues with Three Rigs

 

The geometry and dip direction of the corridor are not yet defined, and its true thickness, extent, and continuity remain to be established by further drilling. Most drilling completed to date at Ceibal has been oriented at approximately N230°. To help resolve the orientation and dip of the corridor and to test the extent of mineralization across strike, Tiger drilled an offset scissor pair, CEDDH-020 at approximately N100° and CEDDH-021 at approximately N280°. Results for CEDDH-020, CEDDH-021, and CEDDH-022 are pending.

 

With drilling at Tesorito complete, all three of Tiger’s drill rigs are now active at Ceibal. Tiger has completed more than 10,100 metres of drilling at Ceibal to date. 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.

 

Drilling at Tesorito concluded on September 30, 2026. Assays are pending from 19 holes (3,484 metres). These results are designed to support an updated Mineral Resource estimate for Tesorito in early 2027. That estimate is to be followed by an updated Preliminary Economic Assessment (PEA), 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.

 

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 (“NI 43-101”). 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 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. Core was sampled over nominal 2-metre intervals, adjusted to geological boundaries. 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-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.

 

Posted October 19, 2026

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