Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Tiger Gold Drills 214m @ 0.7 g/t Au including 23m of 1.1g/t Au and 9m of 2.2g/t in 80-Metre Step-out Hole at Ceibal

Tiger Gold’s Ceibal Step-Out Drilling Confirms Porphyry Scale, But Dilutive Financing Weighs on Near-Term Upside

By The Northwire Desk — AI Analysis Jun 02, 2026 · 08:01 TIGR · 0.78 Tiger Gold Corp.
Executive Summary
  • Tiger Gold Corp. reported assay results from drill hole CEDDH-010 at its Ceibal target, intersecting 214 m at 0.7 g/t Au, including 23 m at 1.1 g/t Au and 9 m at 2.2 g/t Au.
  • The hole remains open at depth (~600 m below surface) and extends a 685.7 m near-surface interval of predominantly porphyry-style gold mineralization.
  • Three drill rigs are active across the Quinchía Gold Project as part of a 20,000 m campaign, with Ceibal's initial program expanded to 5,000 m to feed into a maiden Mineral Resource estimate targeted for year-end 2026.
  • This follows a May 20, 2026 upsize of a special warrant offering from $15M to $18M (priced at C$0.82) to accelerate drilling at Ceibal, Tesorito, and Dos Quebradas.
Material Impact
  • The drill results are consistent with prior Ceibal intercepts (CEDDH-001, 002, 009) and confirm the continuity of a broad, low-to-mid-grade porphyry system.
  • No new resource estimate or economic study is announced; the data is incremental and expected within the ongoing 2026 exploration program.
  • The concurrent $18M equity raise provides necessary drilling capital but introduces dilution. The market has already priced in the financing announcement.
  • Overall, the news is positive but routine. It validates management's exploration thesis without altering the project's near-term valuation or triggering a re-rating.
TIGR · Price
Company Overview
  • Tiger Gold Corp. is a Canadian exploration company focused on the Quinchía Gold Project in Colombia's Mid-Cauca porphyry belt.
  • Flagship assets include the Miraflores deposit (Measured & Indicated), Tesorito deposit (Inferred), and the high-priority Ceibal target.
  • A Preliminary Economic Assessment (PEA) outlines a base-case post-tax NPV of US$534 million at $2,650/oz Au, with an IRR of 21.3% and a 10.2-year mine life.
  • The company is in the exploration phase, utilizing three diamond rigs to expand resources and de-risk the project toward a PFS and eventual production.
Read the original news release →

More from Tiger Gold Corp.

Jul 08, 2026 · 08:01

Tiger acquires the Quinchía project and secures $21 million to fund a 22,000-metre drilling campaign.

Financings Jun 30, 2026 · 09:29

Tiger Gold Enhances Team with the Appointment of New CFO

Management Jun 16, 2026 · 08:01

Tiger Gold’s Tesorito infill drilling validates a porphyry corridor, though dilution and exploration stage limit immediate upside potential.

Drill Results Jun 10, 2026 · 09:37

Tiger Gold raised $21m to fund drilling in Colombia as shares traded below the issue price amid dilution concerns.

Financings Jun 09, 2026 · 08:01

Tiger Gold secures full ownership of the Quinchía project to accelerate drilling ahead of 2027 engineering studies.

M&A / Property Jun 04, 2026 · 08:01

Tiger Gold’s Tesorito drill results reinforce porphyry potential ahead of a year-end resource update.

Drill Results