Company's 100% owned Quinchía Gold Project in Colombia's prolific Mid-Cauca gold belt. Drilling is ongoing at Quinchía, with one rig at Tesorito, where the planned program is nearing completion, and two rigs at Ceibal.
Tiger Gold Drills 342 m @ 0.5 g/t Au and 333.6
m @ 0.5 g/t Au at Tesorito
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2026) - Tiger Gold Corp. (TSXV: TIGR)
(FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to report assay results from
seven infill drillholes (TSDH-89 to TSDH-95) at its Tesorito gold deposit. Tesorito is part of the
Company's 100% owned Quinchía Gold Project in Colombia's prolific Mid-Cauca gold belt. Drilling is
ongoing at Quinchía, with one rig at Tesorito, where the planned program is nearing completion, and two
rigs at Ceibal.
Highlights:
TSDH-89 intersected
333.57 m @ 0.5 g/t Au
from 6 m downhole, including:
8 m @ 1.4 g/t Au
10 m @ 1.0 g/t Au
5 m @ 1.0 g/t Au
TSDH-95 intersected
342 m @ 0.5 g/t Au
from 92 m downhole, including:
9.7 m @ 1.7 g/t Au
TSDH-94 intersected
218.91 m @ 0.5 g/t Au
from 296 m downhole, including:
5 m @ 1.1 g/t Au
TSDH-92 intersected
243.4 m @ 0.5 g/t Au
from 2 m downhole, including:
7.2 m @ 2.8 g/t Au
6 m @ 2.8 g/t Au
Assays are pending from the ongoing Tesorito and Ceibal drill programs
Robert Vallis, President & CEO, commented, "Infill drilling continues to improve our picture of Tesorito. It
has traced a north-northeast trend extending from the core of the deposit, where grades are consistently
coming in above what is currently modelled. These are very encouraging results, and we expect them to
contribute to the updated resource estimate we're targeting for the first quarter of 2027."
The results reported in this news release are summarized in Tables 1 and 2. Figure 1 shows the drillhole
collar and section locations. Figures 2 to 5 present cross sections through the reported section lines.
Figure 6 is a regional map of the Quinchía Gold Project. All reported intervals are downhole core lengths
and estimated true widths are presented in Table 1.
Infill Drilling Extends a Higher-Than-Modelled Trend Towards the Northeast
The Tesorito deposit hosts an Inferred Mineral Resource of 104 million tonnes grading 0.47 g/t Au,
containing 1.57 million ounces of gold, at a 0.2 g/t Au cut-off. The results reported in this release show
broad gold mineralization along a north-northeast trend through the core of the Tesorito deposit, aligned
with the interpreted approximate N030°-striking structural grain.
Along this trend, drilling has returned grades above local block model. TSDH-89, TSDH-90, TSDH-92,
and TSDH-95, which the model had estimated at approximately 0.4 g/t Au (below the deposit's average
grade of 0.47 g/t Au), returned grades typically more than 25% higher than the block model estimates
over these intervals. Similarly, the previously reported holes TSDH-86 to TSDH-88, modelled at
approximately 0.6 g/t Au, returned grades typically more than 50% higher.
These infill drilling results indicate that grades in this portion of the model are higher than currently
modelled and are expected to support an improved representation of grade in the next update to Mineral
Resource estimate. TSDH-91, TSDH-93, and TSDH-94, which returned grades at or below the current
model, appear to refine the margins of the deposit and are not expected to adversely affect the Mineral
Resource.
TSDH-89 Returns 333.57 m @ 0.5 g/t Au from Near Surface
TSDH-89 intersected
333.57 metres grading 0.5 g/t Au
from 6 metres downhole, as shown in Section
A-A' (Figure 2). The interval includes
8 metres grading 1.4 g/t Au
,
10 metres grading 1.0 g/t Au
, and
5 metres grading 1.0 g/t Au
. The hole was completed to 346.1 metres, exceeding its planned depth.
Mineralization is hosted within porphyritic andesite, multiple early diorite phases, and two intrusive
breccias. Logging identified weak to moderate potassic alteration overprinted by chlorite-sericite near
surface, strengthening to strong potassic alteration with secondary biotite and potassium feldspar at
depth. The first intrusive breccia, from 107.6 metres to 144.1 metres, carries a high-temperature vein
assemblage that includes unidirectional solidification texture (UST), A-type, B-type, and M-type veins,
together with disseminated pyrite, chalcopyrite, and molybdenite. Below the early diorite, an alternating
sequence of intrusive breccia and porphyritic andesite from approximately 257 metres to 340 metres is
strongly altered and veined, hosting A-type, B-type, and M-type veins with persistent chalcopyrite. UST
veinlets, present in the upper breccia, are absent from this interval.
TSDH-89 sits alongside TSDH-86, TSDH-87, and TSDH-88, previously reported in the Company's news
releases of June 4 and June 16, 2026. Together these holes define a coherent, broadly mineralized
interval through this part of the Tesorito deposit, and include some of the longest and highest-grade
intervals drilled to date by Tiger at Tesorito.
Across Section A-A' (Figure 2) from northwest to southeast, TSDH-89, TSDH-88, TSDH-87, and TSDH-
86 are interpreted to record progressively more peripheral, upper levels of the porphyry system. TSDH-
89, the northwestern-most and deepest of these four holes, intersected strengthening potassic alteration
at depth and intrusive breccias hosting UST and A-type veins. The Company interprets these as the
most proximal, higher-temperature features intersected on the section. TSDH-88 and TSDH-87
intersected early diorite with potassic alteration overprinted by chlorite-sericite, B-type quartz-sulphide
and M-type magnetite veinlets. TSDH-86, the southeastern-most and shallowest hole, intersected early
diorite with weak to moderate potassic alteration and B-type veinlets, interpreted as the upper,
peripheral part of the system.
These high-temperature features in TSDH-89 are comparable to those in the equigranular early diorite
intersected at depth in TSDH-71 (89.96 m @ 0.9 g/t Au), whose deep, higher-grade core (16.9 m @ 2.3
g/t Au) has been interpreted as a potential feeder.
1
These high-temperature features are interpreted as
indicating proximity to an intrusive centre at depth within the porphyry system.
The near-surface portion of the mineralization is developed within colluvium and supergene-altered
saprolite and may in part reflect supergene enrichment. Such near-surface grades are not necessarily
representative of primary mineralization at depth.
TSDH-90, TSDH-91, and TSDH-92 Bracket a North-Northeast-Striking Structure
TSDH-90, TSDH-91, and TSDH-92 were drilled along Section B-B' (Figure 3). TSDH-90 intersected
311.6 metres grading 0.4 g/t Au
from 7 metres downhole, a single, long, gold-dominant porphyry
interval. It is hosted in porphyritic andesite cut by early diorite and intramineral diorite, with potassic
alteration (secondary biotite and potassium feldspar) beneath a chlorite-sericite overprint. A B-type
quartz-potassium feldspar and M-type magnetite stockwork carries chalcopyrite and molybdenite from
near bedrock to the base of the hole, which ended in the footwall sandstone-mudstone unit.
TSDH-91 and TSDH-92 were drilled approximately 80 metres apart along Section B-B' (Figure 3) and
returned markedly different results. TSDH-91 intersected
145 metres grading 0.3 g/t Au
from 1 metre
in potassic-altered early diorite and andesite and appears to lie beyond the eastern margin of the
higher-than-modelled trend. TSDH-92, a step-back from TSDH-91, intersected
243.4 metres grading
0.5 g/t Au
from 2 metres, including higher-grade shoots of
7.2 metres grading 2.8 g/t Au
and
6.0
metres grading 2.8 g/t Au
, and intense potassic alteration.
These two holes are interpreted as bracketing the north-northeast-striking structure, with the more
strongly mineralized rock preserved on its northwestern side. The near-surface higher-grade interval in
TSDH-92, from 22 to 29.2 metres, lies within supergene-altered saprolite and may in part reflect
supergene enrichment, which may not necessarily be representative of primary mineralization at depth.
The high-temperature features logged around TSDH-92, including actinolite and A-type veinlets, together
with the UST logged in TSDH-89, TSDH-91, TSDH-93 and TSDH-94, are interpreted as indicating
proximity to an intrusive centre and the magmatic-hydrothermal transition of the porphyry system. These
features are comparable to those in the equigranular early diorite intersected at depth in TSDH-71
(89.96 m grading 0.9 g/t Au), whose deep, higher-grade core (16.9 m grading 2.3 g/t Au) is interpreted
as a potential feeder zone.
TSDH-95 Suggests the Higher-Than-Modelled Trend Continues to the Northeast
TSDH-95, the northernmost hole reported to date in this Tesorito drill program, was drilled along section
C-C' (Figure 4) and intersected
342 metres grading 0.5 g/t Au
from 92 metres downhole, including
9.7
metres grading 1.7 g/t Au
from 296 metres. A separate near-surface interval of
78 metres grading
0.2 g/t Au
was returned from surface. Mineralization is hosted in porphyritic andesite intruded by early
diorite, potassic-altered from approximately 115 metres, with a magnetite-bearing quartz-potassium
feldspar stockwork. The highest-grade gold in the hole is associated with late base-metal shear veins
rather than with the disseminated stockwork. The hole ended at 459 metres in basalt beneath the
sandstone-mudstone marker unit.
The results in TSDH-95 are interpreted as indicating that the higher-than-modelled trend striking
approximately N030° continues to the north-northeast. Drilled holes TSDH-99, TSDH-100, and TSDH-
110 are positioned to test this potential higher-than-modelled strike trend along this same section line.
TSDH-97, TSDH-98, and TSDH-102 are positioned to test this trend's north-northeastern extension.
TSDH-93 and TSDH-94 Refine the Northwestern Margin
TSDH-93, drilled on section D-D' (Figure 5), and TSDH-94 drilled on section A-A' (Figure 2), both
intersected a broad upper interval of argillic and phyllic alteration through porphyritic andesite, with
potassic alteration and the associated quartz-potassium feldspar and magnetite stockwork developed
only at depth within an early diorite package. TSDH-94 returned
218.91 metres grading 0.5 g/t Au
from
296 metres, including
5 metres grading 1.1 g/t Au
, within that deeper potassic package. TSDH-93
returned several composites, including
85.16 metres grading 0.4 g/t Au
and
104.2 metres grading
0.3 g/t Au
, beneath the Mineral Resource conceptual pit shell. Both holes continued into a thick footwall
basalt beneath the porphyry-altered rock. TSDH-93 and TSDH-94 are interpreted as recording the
structurally disrupted, lower-grade northwestern margin of the Tesorito system.
Drill Program and Upcoming Milestones
The current diamond drilling program at Tesorito comprises more than 11,670 metres of diamond
drilling over 47 holes drilled to date and is expected to conclude near the end of this month. The
Company expects to report an updated Mineral Resource estimate for the Tesorito deposit in the first
quarter of 2027.
One of the two rigs at Tesorito was recently mobilized back to the nearby Ceibal project area. Upon
completion of the Tesorito program, the remaining rig will also mobilize to Ceibal, for a total of three rigs
to complete the drill program. 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.
Mineral Resources and Technical Report
A report titled
Quinchía Gold Project NI 43-101 Technical Report & Preliminary Economic
Assessment, Department of Risaralda, Colombia
(effective September 18, 2025) (the "Technical
Report") was filed on SEDAR+ on December 10, 2025. The Technical Report also supports the
disclosure of Mineral Resource estimates for the Miraflores and Tesorito deposits with an effective date
of July 31, 2025. Mineral Resources that are not Mineral Reserves do not have demonstrated economic
viability.
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.
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 and 4-metre intervals depending
upon lithology, 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-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.
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, NewGold, Pretium Resources, and
others.
For further information, please contact:
Robert Vallis
President, CEO & Director
www.tigergoldco.com
Kin Communications
Investor Relations
+1 (604) 684-6730
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.
Cautionary Note Regarding Forward-looking Statements
This news release contains forward-looking information and forward-looking statements, as such terms
are defined under applicable securities laws (collectively, "forward-looking statements"). Often, but not
always, forward-looking statements can be identified by the use of words such as "plans", "expects" or
"does not expect", "is expected", "estimates", "budget", "scheduled", "forecasts", "projects", "intends",
"suggests", "preliminary", "confident", "interpreted", "targets", "aims", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases, or statements that certain actions,
events, or results "may", "could", "can", "would", "might", or "will" be taken, occur, or be achieved.
Forward-looking statements involve known and unknown risks, uncertainties, assumptions (which may
prove incorrect), and other factors which may cause the actual results, performance, or achievements of
Tiger to be materially different from any future results, performance, or achievements expressed or
implied by the forward-looking statements.
Forward-looking information in this news release includes, but is not limited to, statements regarding
Tiger's objectives, goals, or future plans; exploration results, geologic interpretations, potential
mineralization, potential porphyry plugs, potential feeder zones, and potential porphyry centres, potential
pathfinders, vectors, or proximity to a causative porphyry, lateral extensions, mineralized offsets, the
potential effect of supergene enrichment on near-surface grades, and the potential to expand
mineralization or improve grade or increase Mineral Resource category confidence, including through
infill, extension, gap, definition, and step-out drilling; Tiger's plans to execute and complete its Phase 1
and Phase 2 exploration programs detailed in the 2025 Technical Report, including the anticipated
timing, commencement, completion, and results of drill programs (including drilling and assays pending
or in progress), planned field programs, future technical studies (including preliminary economic
assessment, preliminary feasibility, or feasibility-level studies), and updated Mineral Resource
estimates, including the reclassification of any portion of Inferred Mineral Resources to the Indicated
category or higher; exploration and project development plans at the Quinchía Gold Project and
regionally, including the ability to develop exploration targets, drill targets, and define Mineral Resources
or Mineral Reserves; the establishment of mutually beneficial partnerships with local and Indigenous
communities; the timing of the commencement of operations; and estimates of market conditions.
Forward-looking statements are based upon assumptions including, without limitation, the availability of
drilling rigs and other equipment, contractors and supplies, continued site access, receipt of required
permits and approvals, the Company's ability to maintain community and stakeholder support; that
drilling, sampling, assaying, data compilation, geological modelling and Mineral Resource estimation,
and technical studies (including preliminary economic assessment, preliminary feasibility or feasibility-
level studies) will commence and be completed on the timelines currently anticipated; that the Company
will have access to the financing required to advance technical studies and the project; that the current
drilling results are representative of the mineralization and will be reflected in the updated Mineral
Resource estimate; and that exploration and drilling results will be consistent with management's
expectations. Such forward-looking information also includes statements regarding the Preliminary
Economic Assessment for the Quinchía Gold Project, which by definition is preliminary in nature,
includes Inferred Mineral Resources that are considered too speculative geologically to have the
economic considerations applied to them that would enable them to be categorized as Mineral
Reserves, and for which there is no certainty that the economics or results described will be realized.
Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Any
references to nearby projects, properties, deposits, or mines are provided for regional context only, and
mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the
Quinchía Gold Project.
Factors that could cause actual results to differ materially from such forward-looking information include,
but are not limited to, failure to intersect potentially economic intervals of mineralization or to identify
Mineral Resources or Mineral Reserves; uncertainties related to geological continuity and the extent of
mineralization, including due to geological complexity, insufficient drilling data, or incomplete, inaccurate,
or insufficient historical drilling data, any of which may not yield economically viable results; the risk that
the current drilling results may not be representative of, or predictive of, the updated Mineral Resource
estimate, and that infill drilling may not result in any increase in estimated grade or Mineral Resources or
in the conversion of Inferred Mineral Resources to a higher category; delays in, or reductions to, or the
inability to complete or advance drill or field programs, sampling, assaying, data validation, data
verification, geological modelling, technical studies, or Mineral Resource or Mineral Reserve estimates,
including within anticipated timeframes; risks that the Company may not satisfy minimum expenditure
requirements or other work commitments under its property agreements (including option or earn-in
agreements), which could adversely affect the Company's ability to maintain or earn its interest in the
project; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain
required governmental, environmental, or other project approvals; and changes in governmental
regulation of exploration and mining operations; political risks and social unrest; inability to fulfil
consultation or accommodation obligations in respect of Indigenous peoples or to maintain constructive
relationships with local communities; uncertainties relating to the availability and costs of financing
needed in the future; capital and operating costs varying significantly from estimates; changes in equity
markets, inflation, changes in exchange rates, and fluctuations in commodity prices, including gold and
diesel fuel; and the other risks involved in the mineral exploration and development industry.
While Tiger anticipates that subsequent events and developments may cause its views to change, Tiger
specifically disclaims any obligation to update these forward-looking statements. These forward-looking
statements should not be relied upon as representing Tiger's views as of any date after the date of this
news release. Although Tiger has attempted to identify important factors that could cause actual actions,
events, or results to differ materially from those described in forward-looking statements, there may be
other factors that cause actions, events, or results not to be as anticipated, estimated, or intended. There
can be no assurance that forward-looking statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements. Accordingly, readers
should not place undue reliance on forward-looking statements.
The factors identified above are not intended to represent a complete list of the factors that could affect
Tiger. Additional factors are noted under "Risk Factors" in Tiger's public disclosure record, including in
the Filing Statement and other documents available under Tiger's profile on SEDAR+. The forward-
looking statements contained in this news release are expressly qualified in their entirety by this
cautionary statement. The forward-looking statements included in this news release are made as of the
date of this news release and Tiger undertakes no obligation to publicly update such forward-looking
statements to reflect new information, subsequent events, or otherwise unless required by applicable
securities legislation.
Table 1: Composite Interval Assay Results
Drillhole
From
To
Interval
True Width
Au
Ag
Cu
Mo
ID
(m)
(m)
(m)
(m)
(g/t)
(g/t)
(%)
(ppm)
TSDH-89
6
339.57
333.57
282
0.5
0.6
0.04
30
incl.
94
102
8
7
1.4
1.1
0.08
48
incl.
208
218
10
8
1.0
0.7
0.07
54
incl.
254
259
5
4
1.0
0.6
0.08
92
TSDH-90
7.17
318.77
311.6
269
0.4
0.5
0.03
28
TSDH-91
1
146
145
125
0.3
0.4
0.02
27
TSDH-92
1.8
245.2
243.4
207
0.5
0.4
0.03
28
incl.
22
29.2
7.2
6
2.8
1.2
0.09
3
incl.
204
210
6
5
2.8
0.5
0.04
52
TSDH-93
240
253.45
13.45
12
0.4
0.4
0.01
3
and
326.84
412
85.16
73
0.4
0.8
0.04
23
and
424
528.2
104.2
89
0.3
0.5
0.03
21
TSDH-94
296
514.91
218.91
178
0.5
0.6
0.04
34
incl.
484
489
5
4
1.1
0.7
0.08
39
TSDH-95
0
78
78
67
0.2
0.3
0.02
10
and
92
434
342
293
0.5
1.2
0.04
33
incl.
296.27
306
9.73
8
1.7
1.1
0.12
22
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 width estimates for Tesorito are based upon the Company's current
interpretation.
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 (EPSG:32618)
Drillhole
Easting
Northing
Elevation
Length
Azimuth
Dip
ID
(m)
(m)
(m asl)
(m)
(°)
(°)
TSDH-89
423,724
584,661
1,296
346.1
N131°
-60
TSDH-90
423,746
584,694
1,291
340.1
N128°
-60
TSDH-91
423,874
584,619
1,254
155.4
N129°
-60
TSDH-92
423,806
584,663
1,281
260.3
N130°
-60
TSDH-93
423,521
584,718
1,358
656.7
N130°
-60
TSDH-94
423,593
584,755
1,352
726.6
N130°
-65
TSDH-95
423,719
584,813
1,334
459.0
N130°
-60
1
.
Collar coordinates and elevations were surveyed by GNSS-RTK, except for TSDH-95, for which the horizontal position was measured in the
field using a handheld GPS device with an expected accuracy of ± 5 metres and the elevation was derived from a 2025 airborne LiDAR
digital terrain model.
Figure 1: Tesorito Drillhole Collar and Section Locations Plan Map
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Figure 2: Tesorito Cross Section A-A' (looking N040°)
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