Northwire Canada EditionWednesday, November 4, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,940.40 −0.7% Silver 49.75 −2.2% Copper 6.41 −2.4% Oil 96.76 +0.3% Palladium 930.00 −4.0% MSA 8.73 +1.2% GGL 0.145 +0.0% MAU 14.45 +0.3% EMO 0.220 +0.0% EOX 0.060 +0.0% PMET 2.99 −2.3% SVM 11.14 −2.5% NUAG 6.82 +0.1% STGO 1.35 +1.5% TFPM 39.56 −2.0% REE 0.030 +0.0% PNTR 0.330 +0.0% SSRM 36.56 −2.4% NGEX 20.85 +2.9% DML 2.96 −0.3% DOS 0.020 +0.0% Gold 3,940.40 −0.7% Silver 49.75 −2.2% Copper 6.41 −2.4% Oil 96.76 +0.3% Palladium 930.00 −4.0% MSA 8.73 +1.2% GGL 0.145 +0.0% MAU 14.45 +0.3% EMO 0.220 +0.0% EOX 0.060 +0.0% PMET 2.99 −2.3% SVM 11.14 −2.5% NUAG 6.82 +0.1% STGO 1.35 +1.5% TFPM 39.56 −2.0% REE 0.030 +0.0% PNTR 0.330 +0.0% SSRM 36.56 −2.4% NGEX 20.85 +2.9% DML 2.96 −0.3% DOS 0.020 +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.

Oct 29, 2026 · 08:01

Tiger confirms long low-grade mineralisation at Ceibal, with grade and step-out results still pending.

Drill Results Oct 19, 2026 · 08:31

Tiger expands the Ceibal corridor length with a consistent 0.5 g/t grade, adding strike without increasing the gold concentration.

Drill Results Oct 07, 2026 · 08:00

Tiger awaits 19 Tesorito drill results ahead of its Q1 2027 mineral resource estimate, which serves as the primary catalyst for the project.

Drill Results Sep 22, 2026 · 06:01

Tiger Gold Drills 342 m @ 0.5 g/t Au and 333.6 m @ 0.5 g/t Au at Tesorito

Drill Results Sep 15, 2026 · 05:01

Tiger reports its highest grade intercept at Ceibal, though true width and continuity remain unresolved for this offset infill hole.

Drill Results Aug 18, 2026 · 08:01

Tiger’s Ceibal step-out extends the northwest corridor, though edge holes indicate narrowing and an ambiguous target zone.

Drill Results