Tiger Gold Intersects 191.2 m at 0.6 g/t Au at Tesorito and Identifies New Vectors Towards Untested Extensions
Tiger Gold Intersects 191.2 m at 0.6 g/t Au at
Tesorito and Identifies New Vectors Towards
Untested Extensions
VANCOUVER, BC
,
Feb. 18, 2026
/CNW/ - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB:
TGRGF) ("Tiger" or the "Company") is pleased to report assay results from three drillholes from its
ongoing diamond drilling campaign at the Tesorito deposit of its Quinchía Gold Project in
Colombia
.
The Tesorito campaign forms part of Tiger's broader initial 10,000-metre Phase 1 drill program,
which includes the recent start of drilling at Dos Quebradas. The Quinchía Gold Project is located in
central
Colombia's
prolific Mid-Cauca gold belt, approximately 20 kilometres south of Aris Mining's
Marmato Gold Mine and Collective Mining's Guayabales and
San Antonio
projects.
Highlights:
TSDH-74 interested
191.2 m
at 0.6 g/t Au
22.8 m
downhole.
TSDH-72 intersected
73.6 m
at 0.5 g/t Au from surface and
65 m
at 0.7 g/t Au from
85 m
.
TSDH-73 intersected
125.35 m
at 0.4 g/t Au from
60 m
downhole and ended in mineralization.
New strong vectors suggest Tesorito remains open to the south and southeast with drilling
underway now to test the southeast target for near-surface mineralization.
Two rigs continue infill and extension drilling at Tesorito.
A third rig continues exploration drilling at Dos Quebradas and has started its second hole.
Assays pending from additional drillholes and will be reported in due course.
Robert Vallis
, President & CEO, commented, "These results reflect disciplined execution of our
strategy at Tesorito - testing extensions and the margins, closing gaps, and tightening drill spacing,
all intended to grow and improve confidence in the Mineral Resource while advancing priority
targets. TSDH-74 stands out, returning 0.6 g/t Au over 191.2 metres, one of the best holes we've
drilled so far, and the alteration, veining, and indicator minerals strengthen our confidence in the
vectors we are seeing across the system. TSDH-72 supports potential extensions to the south and
southeast and intersected higher-than-modelled mineralization beyond the MRE's conceptual pit
shell. TSDH-73 filled a key south-central gap, ended in mineralization, and provided vectors toward
an undrilled area approximately 150 metres southeast that we are testing now with drillhole TSDH-
79. Overall, the program continues to build real momentum as we advance Tesorito toward pre-
feasibility-level studies and expand our inventory of attractive exploration targets, including at Dos
Quebradas, where we have completed our first hole and commenced the next one."
Drilling results are summarized in Table 1 and 2 below. Figure 1 shows the location of these
drillholes, together with drillholes for which assays are pending. Figure 2 is a cross section of the
reported results. Figure 3 is a regional map showing the deposits and high-priority prospects of the
Quinchía Gold Project.
Tesorito Drill Program Targets Resource Growth and Improved Confidence
The Tesorito drill program is designed to improve confidence in the Mineral Resource and to test
margins and depth extensions to expand known mineralization. Drilling includes both step-out and
infill components, with infill drilling intended to support upgrading a significant portion of the Inferred
Mineral Resource to the Indicated category and advance the project towards a pre-feasibility or
feasibility-level study. A summary of Mineral Resources and the Preliminary Economic Assessment
("PEA") for the Quinchía Gold Project is provided below.
More Results Expected Shortly as Drilling Continues at Tesorito and Dos Quebradas
Drilling is ongoing with two diamond drill rigs at Tesorito, and additional assay results are anticipated
in the coming weeks. A third rig recently commenced drilling at Dos Quebradas, executing upon the
Company's plan to test high-impact targets across the Quinchía Gold Project and expand Mineral
Resources.
Figure 1: Plan map of Tesorito drillhole collar and section locations (CNW Group/Tiger Gold Corp.)
Figure 2: Tesorito Section A-A’ (looking N040°) (CNW Group/Tiger Gold Corp.)
Table 1: TSDH-72, TSDH-73, and TSDH-74 Assays Results
Drillhole
From
To
Interval
True Width
Au
ID
(m)
(m)
(m)
(m)
(g/t)
TSDH-72
0
73.6
73.6
57.4
0.5
and
85
150
65
55.8
0.7
TSDH-73
8
44
36
31.0
0.3
and
60
185.35
125.35
107.4
0.4
TSDH-74
22.8
214
191.2
160.3
0.6
incl.
56
62
6
5.1
1.0
incl.
118
130
12
10.1
1.0
incl.
158
164
6
5.0
1.0
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 width estimates are based upon the Company's current interpretation.
3. Higher-grade intervals, if any, 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-72
423,750
584,345
1,257
164.3
130
-60
TSDH-73
423,625
584,455
1,298
185.35
130
-60
TSDH-74
423,680
584,400
1,290
217.15
130
-60
TSDH-74 Delivers 191.2 m at 0.6 g/t Au with Strong Alteration and Veining
TSDH-74 intersected
191.2 m
grading 0.6 g/t Au from
22.8 m
to
214 m
downhole, including
6.0 m
grading 1.0 g/t Au (56-
62 m
),
12.0 m
grading 1.0 g/t Au (118-
130 m
), and
6.0 m
grading 1.0 g/t Au
(158-
164 m
). The hole was drilled through shallow soil and colluvium and was logged predominantly
in porphyry andesite and terminated after the Marmato Fault in sandstone.
The principal porphyry-style interval occurs from
130 m
to
215.55 m
and is characterised by
moderate potassic alteration (secondary biotite and potassium-feldspar) that is locally patchy
downhole and overprinted by chlorite-sericite alteration. Veining is dominated by M-type veinlets
(generally <2 per metre) with B-type veinlets locally developed (typically <1 to <3 per metre)
comprising quartz + pyrite + molybdenite ± gypsum ± chalcopyrite. Pyrite and magnetite occur as
disseminations and stringers (pyrite visually estimated at approximately 0.8-1.0% in key intervals),
with molybdenum repeatedly noted and chalcopyrite present locally.
The porphyry-style interval is also affected by a late gypsum veinlet event (commonly 6-8 veinlets
per metre) with local evidence of structural reworking providing conduits for fluid flow. Based upon
the Company's current interpretation, the combination of potassic alteration remnants together with
molybdenum-bearing B-type veining and local chalcopyrite supports proximity to the broader
porphyry system at Tesorito, while the abundant gypsum veining is interpreted to reflect a significant
late-stage hydrothermal and/or structural overprint in this part of the system.
These observations strengthen the Company's confidence in the porphyry system vectors at
Tesorito and will help prioritise follow-up drilling and modelling as the program advances.
TSDH-73 Closes a Key Near Surface Data Gap in the South-Central Portion of Tesorito
TSDH-73 intersected
36 m
grading 0.3 g/t Au (8-
44 m
downhole) and
125.35 m
grading 0.4 g/t Au
from
60 m
until the end of hole (
185.35 m
) and ended in mineralization. The hole was drilled in the
south-central portion of the deposit to gather near surface geological and assay data in a sparsely
drilled area and was terminated within an area that has been previously well drilled.
TSDH-73 intersected porphyry andesite from
8 m
to end of hole (
185.35 m
) beneath a thin cover of
colluvium. A porphyry-style mineralization was logged from
171.2 m
to end of hole, marked by very
weak to weak potassic alteration (secondary biotite) overprinted by chlorite-sericite alteration and
an increase in porphyry-style veining. Veining is dominated by M-type veinlets (2 -5 per metre) with
minor B-type veins (including quartz plus potassium feldspar) and D-type veins also present. The
interval also contains frequent gypsum ± molybdenite veinlets (5-8 per metre), pyrite veining,
magnetite stringers, and calcite fracturing.
TSDH-72 Delivers Strong Vectors Toward East and Southeast Extensions
Beginning at surface, TSDH-72 intersected
73.6 m
grading 0.5 g/t Au and
65 m
grading 0.7 g/t Au
from
85 m
to
150 m
downhole. The hole was drilled to evaluate gold mineralization along the eastern
margins of the Mineral Resource conceptual pit outline. TSDH-72 intersected predominantly andesite
porphyry with potassic plus chlorite-sericite alteration from approximately
13 m
to
146 m
, including
an intra-mineral diorite unit (74-
87 m
), and terminated in the Marmato Fault.
The higher-grade interval from 85-
150 m
(0.7 g/t Au over
65 m
) overlaps with a zone of high-
temperature veining, including the 99-
133 m
interval where B-type veinlet frequency increases
(locally 10-15 veinlets per metre). Veining in this zone is dominated by B-type veinlets (quartz plus
potassium feldspar plus pyrite ± chalcopyrite ± molybdenite), with M-type veinlets also present
throughout and subordinate D-type veins. Disseminated and stringer sulphides were logged as
magnetite plus pyrite (visual estimates of approximately 0.4-1%), with chalcopyrite reported in
multiple intervals associated with B-type veining and molybdenite identified locally, including
molybdenite with gypsum veinlets at approximately
99 m
. Gypsum veinlets are common throughout
the hole (5-15 veinlets per metre), together with calcite fractures, consistent with late-stage
hydrothermal veining and/or overprinting.
From approximately
147 m
to end of hole, TSDH-72 entered a sandstone unit with chlorite-sericite
alteration and irregular calcite plus pyrite veining, marking a significant change in lithology and
alteration style. Based upon the Company's current interpretation, the observed alteration
assemblage, locally high densities of B-type veining, and the presence of chalcopyrite and
molybdenite are interpreted to be strong vectors within the broader Tesorito porphyry system and
suggest the system remains open to the south and southeast. Follow-up exploration and drilling to
test these vectors is planned as part of the current drill program and is coincident with a surface
molybdenum anomaly located approximately
150 m
southeast of the current Mineral Resource.
Drilling to test this target is now underway with drillhole TSDH-79. Additionally, TSDH-72 returned
higher-than-modelled intercepts that extend locally beyond the current Mineral Resource conceptual
pit shell on the southeastern margin, highlighting the potential for future resource growth.
Also of significant interest, intermediate sulfidation-style (ISS) veins containing pyrite ± chalcopyrite ±
molybdenite were logged in the 12.3-
13.1 m
and 18.2-
20.05 m
intervals, including a carbonate-
matrix breccia. These features may reflect a meaningful hydrothermal overprint and/or zonation in
this zone and further support the continued search for and evaluation of vectors toward potential
lateral targets and deposit extensions at Tesorito.
Mineral Resources and PEA
Quinchia Gold Project PEA
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 completed by Ausenco Engineering, Moose Mountain Technical Services, and Aurum
Consulting and filed on SEDAR+ on
December 10, 2025
. The Technical Report also supports the
disclosure of Mineral Resources.
Figure 3: Quinchía Gold Project Deposits and Prospects (CNW Group/Tiger Gold Corp.)
The PEA base case evaluated the Quinchía Gold Project's Miraflores and Tesorito deposits at a
US$2,650
/oz gold price and
US$29.51
/oz silver price using a discounted cash flow analysis at a 5%
discount rate and, based upon the assumptions set out in the technical report, resulted in a post-tax
net present value ("NPV") (5%) of
US$534 million
, an internal rate of return ("IRR") of 21.3% and a
payback period of 3.83 years. Over the 10.2-year mine life, the PEA reported average annual
payable production of 138 koz of gold and 104 koz of silver (141 koz gold equivalent), with cash
costs of
US$1,199
/oz Au and all-in sustaining costs ("AISC") of
US$1,340
/oz Au. The PEA also
outlined an upside case at
US$3,700
/oz Au that yielded a post-tax NPV (5%) of
US$1.188 billion
and
an IRR of 36.5%.
The PEA is, by definition, preliminary in nature and 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 there is no certainty that the PEA
results will be realized. The results of the economic analyses represent forward-looking information
and are subject to known and unknown risks, uncertainties and other factors that may cause actual
results to differ materially from those presented.
The Technical Report includes Mineral Resource estimates for the Miraflores and Tesorito deposits
with an effective date of
July 31, 2025
. The Mineral Resources were estimated using CIM
Definition
Standards for Mineral Resources and Mineral Reserves
(2014) ("CIM Standards") and in
accordance with CIM
Mineral Resources and Mineral Resources Best Practice Guidelines
(2019).
Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
Tesorito Gold Deposit
At an open-pit cut-off grade of 0.20 g/t Au:
Inferred: 104 Mt at 0.47 g/t Au for 1.57
Moz Au
, and 0.58 g/t Ag for 1.96
Moz Ag
Miraflores Gold Deposit
At an underground cut-off grade of 1.37 g/t gold equivalent ("AuEq"):
Measured: 2.8 Mt at 2.75 g/t Au for 0.24
Moz Au
, and 2.37 g/t Ag for 0.21
Moz Ag
Indicated: 3.3 Mt at 2.52 g/t Au for 0.27
Moz Au
, and 2.20 g/t Ag for 0.23
Moz Ag
Measured + Indicated: 6.1 Mt at 2.62 g/t Au for 0.51
Moz Au
, and 2.28 g/t Ag for 0.44
Moz Ag
Inferred: 0.08 Mt at 2.81 g/t Au for 0.01
Moz Au
, and 2.54 g/t Ag for 0.01
Moz Ag
Sampling, Quality Assurance and Quality Control
All drill core is logged by a Company geologist, photographed, and cut in half at the Company's core
facility in Quinchía,
Colombia
. One half of the core is bagged and sent to ALS' laboratory in Medellín
for sample preparation and with sub-samples sent to ALS' laboratory in
Lima
, Perú for analysis,
while the other half is retained onsite as a witness sample. 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
QA/QC practices, certified reference materials, coarse blanks, and duplicates are inserted into the
sample stream to monitor analytical performance. Collar coordinates are preliminary and were
recorded in the field using handheld GPS. Drill core was orientated, and downhole orientation
surveys were collected at regular intervals. Only results that meet Tiger's QA/QC protocols are
reported.
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 mining, exploration, and 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
, which Tiger holds under an option to acquire a 100% interest. Tiger is led by a
multidisciplinary team of experienced mine builders, engineering, metallurgical, ESG, and corporate
finance professionals who have brought numerous mines into production at globally recognized
mining companies including AngloGold Ashanti,
Barrick Gold
, and Yamana Gold. Tiger is led by
President and CEO,
Robert Vallis
, who brings a strong record of strategic leadership and execution
in the mining sector.
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 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
mineralization, potential feeder zones and potential porphyry centres, lateral extensions, and the
potential to expand mineralization or improve grade, including through infill, extension, 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 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
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;
uncertainties related to geological continuity, potential mineralization and the extent of mineralization,
which may not yield economically viable results; additional mineralized zones that may not contain
economically viable mineralization 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.
Cautionary Note on Non-IFRS Measures
The Company prepares its financial statements in accordance with International Financial Reporting
Standards ("IFRS"). The Company believes that investors use certain non-IFRS as indicators to
assess mining companies and projects. They are intended to provide additional information and
should not be considered in isolation or as a substitute for performance measures prepared in
accordance with IFRS. "Total cash costs per ounce" and "all-in sustaining costs per ounce", as used
in this release, are non-IFRS measures commonly reported by gold mining companies to assess
operating performance on a unit of production basis and the ability of a company to generate cash
flow from operations. These measures do not have standardized meanings under IFRS and may not
be comparable to similar measures presented by other companies. In this context, "total cash costs"
consist of operating cash costs plus royalties and offsite charges (refining and transportation). "All-in
sustaining costs" consists of total cash costs plus sustaining capital but excludes corporate and
administrative costs and share-based compensation.
SOURCE
Tiger Gold Corp.
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For further information:
For further information, please contact: Robert Vallis, President, CEO &
Director; Kin Communications, Investor Relations, +1 (604) 684-6730, [email protected]
CO: Tiger Gold Corp.
CNW 10:10e 18-FEB-26