Tiger Gold Drills 165.7 m @ 0.9 g/t Au at Depth, Including 36 m @ 2.9 g/t Au, at Ceibal

Tiger Gold Corp. released assay results on September 15, 2026, for three holes at its Ceibal project: CEDDH-019, CEDDH-018, and CEDDH-017-AB.

• CEDDH-019 returned 232 m @ 0.5 g/t Au from surface; also 165.7 m @ 0.9 g/t Au from 284 m downhole, including 36 m @ 2.9 g/t Au from 400 m; hole ended in mineralization.
• CEDDH-018 returned 465 m @ 0.6 g/t Au from surface, including 21 m @ 1.2 g/t, 10 m @ 1.3 g/t, 6 m @ 2.0 g/t, and 10 m @ 1.1 g/t; hole ended in mineralization.
• CEDDH-017-AB returned 63.85 m @ 0.6 g/t Au from surface, including 6 m @ 1.3 g/t; abandoned at 63.85 m due to drill-pad instability.

All reported intervals represent downhole core lengths, and true widths are explicitly unknown. No assays were capped. The company noted that near-surface intervals are partly supergene-altered saprolite and cautioned that those grades may not be representative of primary mineralization at depth.

Tiger Gold Corp. (TIGR) is a pre-resource-stage explorer at its Ceibal property, though it maintains a PEA-supported resource base elsewhere in the Quinchía project at Miraflores and Tesorito. Ceibal is intended to become a third deposit, with a maiden Mineral Resource estimate targeted for Q1 2027.

The company’s September 15 release provided incremental data without expanding the footprint or extending strike in a large step-out. It added a high-grade internal interval at depth, though that interval remains unconfirmed, has unknown true width, and is not yet linked to a continuous high-grade structure. CEDDH-018 returned predictable bulk porphyry infill at 0.6 g/t over 465 m, while CEDDH-017-AB was abandoned early.

The stock had already pulled back from a late-August high of about $0.94 to $0.74 on September 14. This decline suggests the market was not clearly pricing a positive surprise, and the release alone is not strong enough to reset the investment thesis. The high-grade intercept aligns with expectations as drilling tightens around the best part of the Ceibal corridor, but the key limitation remains the company’s inability to state true width or continuity.

Tiger Gold Corp. is a Canadian-listed gold explorer and developer focused on the Quinchía Gold Project in the Mid-Cauca belt of Colombia. The project encompasses several key assets, including the Miraflores deposit, which holds a Measured and Indicated resource of approximately 6.1 million tonnes grading 2.62 grams per tonne of gold, containing roughly 0.51 million ounces of gold. The Tesorito deposit contains an Inferred resource of approximately 104 million tonnes grading 0.47 grams per tonne of gold, representing about 1.57 million ounces of gold. Historical Inferred estimates for Dos Quebradas stand at 20.2 million tonnes grading 0.71 grams per tonne of gold, or about 459,000 ounces of gold, though this is not a current resource. Additionally, the Ceibal area is an exploration target with no current resource, with drilling aimed at a maiden estimate in the first quarter of 2027.

A 2025 Preliminary Economic Assessment (PEA) for Quinchía indicates a base-case post-tax net present value (NPV5) of approximately US$534 million and an internal rate of return (IRR) of 21.3% at a gold price of US$2,650 per ounce. The assessment outlines a 10.2-year mine life with average annual production of around 138,000 ounces of gold. The PEA is preliminary in nature and includes Inferred resources.

Prior-period financial data for the period ending October 31, 2025, showed no revenue and a net loss of approximately CAD $1.89 million. At that time, the company held cash of about CAD $3.84 million and total equity of approximately CAD $3.77 million. This financial context predates a special-warrant financing of $21 million closed in June 2026. According to the investor presentation, the issued share count is approximately 103.8 million shares, with a fully diluted count of about 153.7 million shares.