Vancouver, British Columbia--(Newsfile Corp. - July 8, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to announce it has closed its transaction with LCL Resources Limited ("LCL") in respect of its option to acquire 100% of the Quinchía Gold Project and the Andes Gold Project, both located in Colombia's prolific Mid-Cauca belt.
Operations at the Quinchía Gold Project (the "Project") continue to advance at pace. The Company now has more than 160 employees and contractors working on the ground, and continues to rapidly mobilize skilled labour in-country to advance development and exploration activities at the Project. Three drill rigs are currently turning at Quinchía, with more metres planned and a fourth rig is anticipated to arrive in August. The Company is working towards advancing other high-priority targets, including Chuscal and others, as part of its ongoing strategy of growing the Project's Mineral Resource inventory.
Operational Update: Drilling Accelerates with New 22,000 m Drill Program
With the closing of the recent oversubscribed $21 million financing, Tiger Gold is now transitioning to a growth-focused company, aiming to add significant value for shareholders by accelerating drilling at Ceibal and other targets, with a goal of doubling our resource base which the company is now fully funded for.
"We are entering an exciting new Phase at Tiger," said Robert Vallis, President & CEO of Tiger Gold. "After completing the acquisition of the project for 100% ownership, and the closing of our financing, we are focussed on putting our capital to work advancing and accelerating the Quinchía Project. We believe this is a large district-scale gold system that has meaningful room to grow and our goal this year is to double the resource base and deliver that value for shareholders."
Click to watch full interview: https://vimeo.com/share/f4050c85-f156-4b67-b983-5053edbd8ff3?share=copy&fl=sv&fe=ci
Video Interview with Robert Vallis and Market One Media. On behalf of Tiger Gold.
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The technical case at Ceibal has advanced quickly over the past several months. The prior operator's drilling combined with Tiger's subsequent field work, evolving geological re-interpretation, and the recent step-out drilling results have collectively reinforced management's view that Ceibal hosts the potential for a large, multi-million ounce near-surface gold system which is still open along strike and at depth.