Tiger Gold (TSXV: TIGR) has released assays from a pair of scissor holes at the Ceibal target of its Quinchía gold project in Colombia, with both holes returning long runs of gold mineralization starting at surface.
The two holes were drilled toward each other from collars roughly 276 metres apart, crossing 180 metres below surface, to help resolve the orientation and dip of a corridor that had been drilled mostly along southwest-oriented section lines. CEDDH-021 stayed in mineralization to the end of the hole.
Highlights from the results include:
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- CEDDH-020: 0.6 g/t gold over 386 metres from surface
- Including 1.1 g/t gold over 18 metres
- Including 2.1 g/t gold over 6 metres
- CEDDH-021: 0.5 g/t gold over 538.1 metres from surface
- Including 1.1 g/t gold over 10 metres
Both holes cut porphyritic dacite and basalt, with mineralization crossing the contact between the two and grades generally running higher in the dacite. CEDDH-021 showed more persistent potassic alteration, which the company reads as a sign the hole sits closer to a potassic core of the porphyry system. Tiger also noted that both holes began in oxide caps, meaning near surface grades may reflect supergene effects rather than the primary mineralization below.
President and CEO Robert Vallis said the holes “look at the system from a different direction,” adding that each round of drilling is sharpening the company’s grasp of its scope and scale.
The results follow late October’s release of CEDDH-022, which cut 0.6 g/t gold over 450.9 metres from surface and ended in mineralization.
Tiger has now drilled more than 12,200 metres across 30 holes at Ceibal, with three rigs still active and assays pending for 13 holes, six of which test for extensions to the southwest. Mineralization remains open at depth, to the west and southwest, and across strike in the central part of the corridor.
The work is aimed at a maiden resource estimate for Ceibal, targeted for the first quarter of 2027, alongside an updated preliminary economic assessment for Quinchía. Ceibal will be folded into that study only if its maiden estimate is completed in time.
Tiger Gold last traded at $0.61 on the TSX Venture.
