Drill Results Routine +

Tiger Gold Intersects 305.55 m @ 0.5 g/t Au at Tesorito, Including 15.7 m @ 1.1 g/t Au and 8 m @ 1.3 g/t Au

Tiger Gold Extends Tesorito Depth with Broad Porphyry Intercepts, Yet Dilution and Data Discrepancies Loom

By The Northwire Desk — AI Analysis May 05, 2026 · 09:01 TIGR · 0.74 Tiger Gold Corp.

Executive Summary

Latest Release (May 5, 2026): Tiger Gold Corp. reported assay results from drillhole TSDH-80 at the Tesorito deposit within the Quinchía Gold Project in Colombia.
Key Intercepts: The hole intersected a broad 305.55 m mineralized porphyry envelope @ 0.5 g/t Au, extending below the 2025 Mineral Resource conceptual pit shell.
High-Grade Sub-intervals: Included 15.7 m @ 1.1 g/t Au and 8 m @ 1.3 g/t Au with associated copper (0.16%) and molybdenum (131 ppm).
Geological Interpretation: The results suggest an offset continuation of a potential feeder-style structure previously identified in drillhole TSDH-71 (reported Feb 24, 2026), supported by intersection with the Marmato Fault.
Program Context: Part of a broader 20,000-metre drill program utilizing three active diamond drill rigs across Tesorito, Dos Quebradas, and Ceibal targets.
Historical Progression: This follows positive results from April (Dos Quebradas and Tesorito infill) and February (Feeder Zone discovery), indicating consistent execution of the Phase 1 exploration plan announced in late 2025/early 2026.

Material Impact

Expectation vs. Reality: The results are generally in line with previous expectations for a funded drilling program aimed at resource expansion and definition. The extension below the pit shell is positive but does not immediately alter the PEA economics without a new resource estimate.
Materiality: While the intercepts confirm the depth potential of the porphyry system, they are incremental to the existing 104 Mt Inferred Resource at Tesorito. They do not constitute a "Game Changer" as there is no immediate upgrade to Measured/Indicated status or PEA revision announced alongside this release.
Market Reaction: The news reinforces the project's viability but lacks the surprise element required for a Material - Positive rating in isolation, given the program was already publicized. It validates the February feeder zone hypothesis rather than introducing new unknowns.

TIGR · Price

Company Overview

Company: Tiger Gold Corp. (TSXV: TIGR / OTCQB: TGRGF).
Flagship Project: Quinchía Gold Project, Colombia (Mid-Cauca gold belt).
Key Deposits:
- Tesorito: Inferred Resource of 104 Mt @ 0.47 g/t Au (1.57 Moz). Open-pit potential.
- Miraflores: Measured + Indicated Resource of 6.1 Mt @ 2.62 g/t Au (0.51 Moz). Underground potential.
- Dos Quebradas: Historical estimate (459 koz Au), currently being verified via drilling.
PEA Economics: Base case NPV $534M, IRR 21.3%, 10.2-year mine life at $2,650/oz Au. Upside case NPV $1.188B at $3,700/oz Au.
Status: Exploration and resource definition phase; moving toward Pre-Feasibility Study (PFS).

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