Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) has reported assay results from drill hole CEDDH-022 at the Ceibal target within its Quinchía Gold Project in Colombia's Mid-Cauca gold belt, intersecting 450.9 metres grading 0.6 g/t gold from surface. The hole, which ended in mineralisation, is the fourth on its section line to return a long gold interval from at or near surface. With three rigs now active at Ceibal and results pending from 14 holes, investors may be watching the programme closely as the company works toward a maiden Mineral Resource estimate.

Key Points

  • Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) reported new drill assay results from its Ceibal target, Quinchía Gold Project, Colombia
  • CEDDH-022 intersected 450.9 m at 0.6 g/t Au from surface, including 9 m at 1.4 g/t Au from 288 m and 8 m at 1.3 g/t Au from 434 m downhole
  • Step-out hole CEDDH-029, collared 175 m southwest of CEDDH-022, has been drilled to 301 m with assays pending
  • Investors may watch for maiden Mineral Resource estimate targeted near end of Q1 2027 and results from 14 unreported Ceibal holes

CEDDH-022 Confirms Broad Gold Mineralisation from Surface at Ceibal

Hole CEDDH-022 was drilled to 450.9 metres at the Ceibal target, intersecting gold mineralisation from surface to the base of the hole, which ended in mineralisation. The result includes higher-grade sub-intervals of 9 metres grading 1.4 g/t Au from 288 metres downhole and 8 metres grading 1.3 g/t Au from 434 metres downhole. The hole is the fourth reported on Section A-A', joining CEDDH-002, CEDDH-011, and CEDDH-019, each of which also returned a long mineralised interval from at or near surface. The release states true widths remain unknown at this stage of exploration.

Section A-A' Builds a Coherent Picture Across Four Drill Holes

The four completed holes on Section A-A' collectively outline a broadly mineralised corridor at Ceibal. Previously reported holes include CEDDH-011, which intersected 685.35 metres grading 0.6 g/t Au from surface, and CEDDH-019, which returned 232 metres grading 0.5 g/t Au from surface and a separate 165.7-metre interval grading 0.9 g/t Au, including 36 metres at 2.9 g/t Au. The company states that CEDDH-022's higher-grade interval at 288 metres lies approximately 70 metres vertically above the top of the 2.9 g/t Au sub-interval in CEDDH-019, though the relationship between the two intervals has not yet been established.

CEDDH-029 Step-Out Tests Southwest Extension at Ceibal

Step-out hole CEDDH-029 was collared 175 metres southwest of CEDDH-022 on the same section line and drilled to a final length of 301 metres. Its purpose is to test shallower extensions of mineralisation beyond the currently drilled southwestern edge of the corridor. Assays for CEDDH-029 are pending. The release notes that six of the 14 holes with outstanding results are testing the southwestern extent of mineralisation, and three holes — CEDDH-033, -034, and -035 — were underway at the time of the announcement. Tiger reported it has drilled more than 11,200 metres in 27 holes at Ceibal to date.

Maiden Resource Estimate and Expanded PEA Form Near-Term Milestones

Drilling at Ceibal is designed to support a maiden Mineral Resource estimate, which Tiger is targeting near the end of Q1 2027. An updated Mineral Resource estimate for the adjacent Tesorito deposit is also targeted for early 2027, with a Preliminary Economic Assessment (PEA) anticipated near end of Q1 2027 and expected to incorporate Tesorito, Miraflores, and, subject to completion of the maiden estimate, Ceibal. Results from 19 Tesorito holes totalling 3,484 metres are also pending. The immediate share price impact was not clear from available public information.