Northwire Canada EditionMonday, November 2, 2026
Northwire
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

Tiger Gold Intersects 234.5 m @ 1.2 g/t Au and 180.3 m @ 1.0 g/t Au at Tesorito

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

Executive Summary
  • Tiger Gold Corp. reported strong gold assay results from two infill drill holes (TSDH-87 and TSDH-88) at its Tesorito deposit within the Quinchía Gold Project in Colombia.
  • TSDH-88 intersected 234.54 m @ 1.2 g/t Au from 2 m downhole, including 27.6 m @ 1.8 g/t Au, 26.57 m @ 2.3 g/t Au, and 22 m @ 1.5 g/t Au.
  • TSDH-87 intersected 180.3 m @ 1.0 g/t Au from surface, including 66.5 m @ 1.3 g/t Au.
  • The intersections define a coherent, higher-grade corridor of intrusive-hosted mineralization, open to the northwest and at depth.
  • Results will feed directly into a year-end Mineral Resource update aimed at converting Inferred resources to Indicated, which will inform 2027 engineering studies.
  • Drilling operations continue with two diamond drill rigs at Ceibal and one at Tesorito.
  • QA/QC protocols follow NI 43-101 standards, with samples analyzed via 50 g fire assay and verified by Qualified Persons.
Material Impact
  • The drill results are consistent with the company's stated exploration strategy and align with previous high-grade intercepts at Tesorito (e.g., TSDH-86, TSDH-71).
  • The results were expected following the $21 million oversubscribed financing closed on June 10, 2026, which was explicitly earmarked to accelerate drilling at Ceibal and Tesorito.
  • While the intersections are technically strong, they represent infill and step-out drilling rather than a discovery or a fundamental change to the project's economic model.
  • The news does not introduce new metallurgical, permitting, or market-moving catalysts. It is a routine execution of the announced 20,000-metre drill program.
  • From a risk-averse perspective, the market has already priced in the financing and the property acquisition. The stock's reaction will likely be muted unless the year-end resource update significantly upgrades the Indicated category or reveals a substantially larger high-grade zone.
TIGR · Price
Company Overview
  • Tiger Gold Corp. is an exploration-stage company focused on the Quinchía Gold Project in Colombia's Mid-Cauca belt.
  • Flagship deposits include Miraflores (Measured & Indicated resources) and Tesorito (Inferred resource, open-pit potential).
  • Dos Quebradas is a historical prospect requiring verification.
  • The project's Preliminary Economic Assessment (PEA) indicates a post-tax NPV of US$534 million at US$2,650/oz Au, with an IRR of 21.3% and a 10.2-year mine life.
  • The company is in the exploration and resource definition phase, with no production or revenue generated to date.
Read the original news release →

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