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

Tiger Gold reports seven new drillholes at Tesorito but withholds all assay details.

What the company is saying

Tiger Gold Corp. announces assay results from seven infill drillholes, TSDH-89 through TSDH-95, at its Tesorito gold deposit. The company highlights that Tesorito is part of its 100% owned Quinchía Gold Project in Colombia's Mid-Cauca gold belt. The release emphasizes ongoing drilling at Quinchía, specifying that one rig is currently active at Tesorito. The narrative centers on advancing exploration and resource definition at Tesorito, repeatedly stressing full project ownership. No specific assay grades, widths, or gold ounces are disclosed in this update. The tone is factual and focused on operational progress, with no executive quotes or forward-looking production targets.

What the data suggests

The announcement confirms active infill drilling at Tesorito, with seven new holes (TSDH-89 to TSDH-95) completed and assays reportedly received. The company maintains 100% ownership of the Quinchía Gold Project, giving it full control over future development. The only quantitative disclosure is the 100% ownership stake; no grades, intercept widths, or resource figures are provided. This lack of technical data prevents assessment of the project's geological quality, scale, or economic potential at this stage. The disclosure is operationally specific in naming holes and location but omits all material assay or resource information, limiting independent analysis. The ongoing single-rig program suggests incremental progress rather than a major step-change.

Analysis

The announcement is factual and restrained, providing an operational update on infill drilling at the Tesorito deposit within the Quinchía Gold Project. While the tone is positive and emphasizes ongoing activity and 100% ownership, there are no exaggerated claims about future outcomes, production, or value creation. The release does not disclose assay grades, widths, ounces, or any resource or reserve updates, nor does it mention capital outlays or financial projections. The only forward-looking statements are about ongoing drilling and the company's intent to advance exploration, which are standard for an exploration-stage update. There is no evidence of narrative inflation or overstatement, as the language is proportionate to the limited factual content disclosed. The absence of quantitative results or financials means the announcement is informational rather than promotional.

Risk flags

• ●The absence of assay grades, widths, or resource figures from the reported drillholes creates significant uncertainty about the project's geological quality and potential value. Investors cannot evaluate whether the drilling materially advances the deposit or supports future resource upgrades.
• ●Relying on a single drill rig at Tesorito may slow the pace of exploration and delay key milestones such as resource updates or economic studies. This could extend the timeline to any meaningful valuation inflection.
• ●The company's operational focus in Colombia's Mid-Cauca gold belt exposes it to jurisdictional risks, including permitting, community relations, and political factors that can affect project advancement, though none are specifically discussed in this release.

Bottom line

Tiger Gold's update confirms ongoing drilling and full ownership at the Quinchía Gold Project, but withholds all technical assay data from the seven new holes at Tesorito. Without grades, widths, or resource figures, investors have no basis to assess the quality or significance of the reported drilling. The company's operational disclosure is transparent in naming holes and location but incomplete for investment decision-making. Progress is incremental, with a single rig on site and no timeline for resource or economic updates. For this to become actionable, the company must release detailed assay results or resource estimates. Until then, the most important takeaway is that operational activity continues, but project value remains unquantified.

Announcement summary

(TSXV:TIGR) Tiger Gold Corp. has reported assay results from seven infill drillholes, identified as TSDH-89 to TSDH-95, at its Tesorito gold deposit. The Tesorito deposit is part of the company's 100% owned Quinchía Gold Project, which is located in Colombia's Mid-Cauca gold belt. The company states that drilling is ongoing at Quinchía, with one rig currently operating at Tesorito. The announcement covers the latest phase of infill drilling, which is designed to further define the resource at Tesorito. The company emphasizes its full ownership of the Quinchía Gold Project. The results pertain specifically to the Tesorito deposit within the broader project area. The company has not disclosed specific assay grades, widths, or ounces in this announcement. The drillholes referenced are TSDH-89, TSDH-90, TSDH-91, TSDH-92, TSDH-93, TSDH-94, and TSDH-95. The company reiterates its focus on advancing the Quinchía Gold Project in Colombia. The announcement does not include resource or reserve updates, but highlights the ongoing nature of the drilling campaign. The company is listed on the TSXV under the ticker TIGR, on the FSE as D150, and on the OTCQB as TGRGF. The Quinchía Gold Project is described as being located in a prolific gold belt in Colombia. The company refers to the Tesorito deposit as a key asset within its portfolio. The announcement is dated September 22, 2026.

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