Tiger Gold Accelerates Drilling at Ceibal and Increases Initial Drill Program to 5,000 Metres
Tiger Gold Accelerates Drilling at Ceibal and
Increases Initial Drill Program to 5,000 Metres
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE:
D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to announce that drilling is now
underway with two rigs at the high-priority Ceibal target area on its Quinchía Gold Project. The Company
has expanded the planned initial exploration program from 1,500 metres to 5,000 metres. Drilling at
Ceibal forms part of Tiger's broader 20,000-metre drill program at Quinchía, located in the prolific Mid-
Cauca belt of Colombia.
Robert Vallis, President & CEO, commented, "Ceibal represents an exciting opportunity for Tiger with
the potential to materially expand the existing resource base at Quinchía. Drilling is now underway at
Ceibal with two rigs, and we have expanded the planned program from 1,500 to 5,000 metres. The
planned drilling is intended to establish an initial section across the mineralised corridor, followed by
step-out holes along the corridor to test its extent. A single 1,200-metre hole is also planned to test the
system below surface and gather vectoring information toward the causative porphyry. Prior drilling at
Ceibal returned long intersections of porphyry-style mineralisation in multiple holes, including two
intervals of 500 metres or more grading 0.5 g/t Au, and we believe Ceibal has the potential to support
follow-up drilling directed toward future Mineral Resource definition. With three rigs operating across
Quinchía, we are well positioned to continue advancing Ceibal alongside our other drilling priorities,
including Tesorito and Dos Quebradas."
The Ceibal target area (Figure 1) is located approximately 1 kilometre south of the Miraflores deposit
and 1 kilometre southwest of the Tesorito deposit and is coincident with a sub-circular Au-Cu-Mo
surface geochemical anomaly with an approximate footprint of 800 metres by 600 metres. Ceibal shares
key similarities with Tesorito, including its location within the broader Marmato Fault Corridor, a surface
geochemical anomaly that is broadly comparable in size and tenor, and porphyry-style mineralisation
hosted in andesite. For reference, the Tesorito deposit hosts an open-pit Inferred Mineral Resource of
104 million tonnes at 0.47 g/t Au for 1.57 million ounces of gold, and 0.58 g/t Ag for 1.96 million ounces
of silver.
Prior drilling at Ceibal highlighted the potential scale of a significant porphyry-style gold system. Between
2021 and 2022, a prior operator completed 8 HQ- and NQ-diameter diamond drillholes totalling
5,433.76 metres at the Ceibal target area across two programs. The programs reported long
intersections of porphyry-style gold mineralisation in multiple holes, as summarized in Table 1, with
select highlights including:
CEDDH-001: 500 m @ 0.5 g/t Au from surface,
CEDDH-002: 579.1 m @ 0.5 g/t Au from 7.5 m downhole,
CEDDH-003: 466 m @ 0.4 g/t Au from surface,
CEDDH-004: 362 m @ 0.4 g/t Au from 2 m downhole,
CEDDH-005: 351.6 m @ 0.4 g/t Au from 160.7 m downhole, and
CEDDH-006: 248.3 m @ 0.4 g/t Au from 538 m downhole.
Drilling at Ceibal has delineated at least 300 metres of mineralised andesite and basalt along a corridor
that remains open to the north-northwest, the south-southeast, and to the southwest (Figure 2). Based
upon the current interpretation, this corridor is defined by drilling in six holes, CEDDH-001 through
CEDDH-006. The full extent, width, and orientation of this mineralised corridor have not yet been
established, and refining that interpretation is a key objective of this initial program. Mineralisation is
associated with QM- and M-type veining and chlorite-sericite overprinting, with subordinate potassic
alteration. Sulphides commonly include pyrite, with lesser chalcopyrite and molybdenite, and magnetite
is ubiquitous. The causative intrusive porphyry, or feeder zone, has not yet been intersected.
Tiger's expanded 5,000-metre initial drill program at Ceibal is intended to build upon prior drilling by
systematically testing the apparent north-northwest-trending mineralised corridor and assessing
continuity at depth. The use of two drill rigs and the increased program size is intended to accelerate
data collection at this early stage, with the objectives of evaluating the overall scale of mineralisation,
further refining the geological interpretation and framework, and generating the dataset needed to
support future resource definition drilling.
Figure 1: Quinchía Gold Project Deposits and Prospects
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Figure 2: Ceibal Target Area Plan Map
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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").
About Tiger Gold Corp.
Tiger is a growth-oriented gold exploration and mine development company focused on advancing its
flagship asset, the Quinchía Gold Project, a multi-million-ounce gold project in the prolific Mid-Cauca belt
of Colombia, over which Tiger holds an option to acquire a 100% interest. 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
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; statements regarding exploration results, potential
mineralisation, potential porphyry plugs, potential feeder zones and potential porphyry centres, lateral
extensions, and the potential to expand mineralisation or improve grade or increase Mineral Resource
category confidence, including through infill, extension, definition, and step-out drilling; Tiger's plans to
execute and complete its Phase 1 and Phase 2 exploration programs, including drill programs and
Mineral Resource estimate updates; statements regarding planned field programs and future technical
studies, including preliminary feasibility or feasibility-level studies; exploration and project development
plans at the Quinchía Gold Project and regionally; statements regarding regional exploration potential
and the ability to develop exploration targets, drill targets, and define Mineral Resources; 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, 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, or mines are provided for regional
context only, and mineralisation on adjacent or nearby properties is not necessarily indicative of
mineralisation 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 mineralisation; uncertainties
related to geological continuity, potential mineralisation and the extent of mineralisation, which may not
yield economically viable results; additional mineralised zones that may not contain economically viable
mineralisation due to geological complexity or insufficient drilling data; risks that historical drilling data
may be incomplete, inaccurate, or insufficient; risks that field programs may be reduced, delayed or may
not proceed at all; 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; delays in assay
processing or data validation issues; failure to identify Mineral Resources; the preliminary nature of
metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental,
or other project approvals; 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; changes in equity markets; inflation;
changes in exchange rates; fluctuations in commodity prices; delays in the advancement of projects;
capital and operating costs varying significantly from estimates; 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 subsequent to 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: Previously Reported Ceibal Composite Assay Results
Drillhole
From
To
Interval
Au
Ag
Cu
Mo
ID
(m)
(m)
(m)
(g/t)
(g/t)
(%)
(ppm)
CEDDH-001
0.0
500.0
500.0
0.5
1.0
0.05
14.5
CEDDH-002
7.5
586.6
579.1
0.5
0.9
0.06
25.6
incl.
208.0
214.0
6.0
1.1
1.7
0.10
16.2
incl.
578.0
584.0
6.0
1.5
1.1
0.09
38.7
CEDDH-003
0.00
466.0
466.0
0.4
0.5
0.03
14.0
incl.
134.5
140.2
5.7
1.1
0.7
0.08
52.1
and
478.0
488.0
10.0
0.3
0.3
0.02
5.0
and
554.0
584.0
30.0
0.3
0.2
0.02
2.2
CEDDH-004
2.0
364.0
362.0
0.4
0.9
0.05
11.8
incl.
28.0
34.0
6.0
1.5
1.4
0.05
5.3
incl.
42.0
48.0
6.0
1.1
1.1
0.04
13.1
and
400.0
510.9
110.9
0.4
0.8
0.03
24.1
CEDDH-005
6.0
138.0
132.0
0.3
1.0
0.04
8.7
and
160.7
512.30
351.6
0.4
0.9
0.05
18.4
CEDDH-006
11.5
50.0
38.5
0.2
0.4
0.02
15.3
and
88.0
155.0
67.0
0.2
0.6
0.04
11.8
and
174.0
225.55
51.55
0.2
0.6
0.05
104.9
and
310.0
526.0
216.0
0.3
0.7
0.04
5.7
and
538.0
786.3
248.3
0.4
0.4
0.03
33.7
CEDDH-007
50.0
60.0
10.0
0.2
0.7
0.04
11.8
and
203.0
220.0
17.0
0.2
0.9
0.04
6.9
and
402.0
444.0
42.0
0.3
0.9
0.04
4.7
CEDDH-008
No reportable composite intervals
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.
2
.
All reported intervals refer to downhole core lengths. True widths are not known at this time, as there is insufficient information to determine
the orientation of mineralisation relative to the drillhole.
3
.
Higher-grade intervals are 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.
4
.
The assay results in Table 1 were previously reported by LCL Resources Limited in news releases dated July 8, 2021, November 22, 2021,
and June 28, 2022.
Table 2: Drillhole Collar Information (EPSG:32618)
Drillhole
Easting
Northing
Elevation
Length
Azimuth
Dip
ID
(m)
(m)
(m asl)
(m)
(°)
(°)
CEDDH-001
422566
583937
1,283
500.0
229
-61.5
CEDDH-002
422709
583976
1,277
586.6
217
-59.3
CEDDH-003
422791
583839
1,242
677.55
230
-61.3
CEDDH-004
422537
583981
1,277
510.9
235
-64.2
CEDDH-005
422411
583728
1,203
512.3
52
-51.2
CEDDH-006
422803
583993
1,279
786.3
224
-70.0
CEDDH-007
422677
584096
1,336
900.2
25
-70.1
CEDDH-008
423057
584190
1,409
959.91
229
-75.6
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