Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) has reported assay results from drill hole CEDDH-023 at the Ceibal target within its Quinchía Gold Project in Colombia's Mid-Cauca gold belt, intersecting 268 metres grading 0.5 g/t gold from surface. The result extends mineralisation into a previously untested portion of the Ceibal corridor to the south, the company announced. With three drill rigs now active at Ceibal and a maiden Mineral Resource estimate targeted for near the end of Q1 2027, investors may be watching this programme closely.

Key Points

  • Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) reports drill results from the Ceibal target, Quinchía Gold Project, Colombia
  • CEDDH-023 intersected 268 metres grading 0.5 g/t Au from surface, opening up previously undrilled ground to the south of the corridor
  • Three rigs remain active at Ceibal; assays pending from Ceibal and Tesorito; total drilling at Ceibal exceeds 10,100 metres
  • Maiden Ceibal Mineral Resource estimate and updated Tesorito PEA are both targeted for near the end of Q1 2027

CEDDH-023 Opens Southern Ground at the Ceibal Corridor

Hole CEDDH-023 was drilled to the south to test a gap at the southern end of the apparent mineralised corridor. The release states the hole intersected 268 metres grading 0.5 g/t gold from surface, hosted in porphyritic dacite. The upper 26.8 metres lies within supergene-altered saprolite and may partly reflect supergene enrichment, the disclosure notes. Below 268 metres, gold grades are generally below 0.2 g/t Au. True widths are unknown at this stage of exploration, and the southern margin of mineralisation in this part of the corridor has not yet been defined by drilling.

Mineralisation Remains Open to the West and Southwest

According to the announcement, four holes — CEDDH-029, CEDDH-031, CEDDH-032, and CEDDH-024 — are currently testing for extensions to the west and southwest of CEDDH-023. An offset scissor pair, CEDDH-020 and CEDDH-021, was drilled to help resolve the orientation and dip of the corridor, with assays from those holes, along with CEDDH-022, still pending. The geometry, true thickness, and continuity of the Ceibal system remain to be established, and the northern and north-northeast extent of mineralisation has not yet been tested, the release states.

All Three Rigs Now Focused on Ceibal After Tesorito Drilling Concludes

The company announced that drilling at Tesorito concluded on September 30, 2026, with assays pending from 19 holes totalling 3,484 metres. All three of Tiger's drill rigs are now active at Ceibal, where more than 10,100 metres of drilling have been completed to date. Results from Tesorito are intended to support an updated Mineral Resource estimate for that deposit in early 2027, to be followed by an updated Preliminary Economic Assessment incorporating Tesorito, Miraflores, and, subject to completion of a maiden Mineral Resource estimate, Ceibal — targeted for near the end of Q1 2027.