Mr. Robert Vallis reports

TIGER GOLD ACCELERATES DRILLING AT CEIBAL AND INCREASES INITIAL DRILL PROGRAM TO 5,000 METRES

Drilling is now under way with two rigs at the high-priority Ceibal target area on Tiger Gold Corp.'s Quinchia gold project. The company has expanded the planned initial exploration program from 1,500 metres to 5,000 metres. Drilling at Ceibal forms part of Tiger's broader 20,000-metre drill program at Quinchia, located in the prolific Mid-Cauca belt of Colombia.

Robert Vallis, president and chief executive officer, commented: "Ceibal represents an exciting opportunity for Tiger with the potential to materially expand the existing resource base at Quinchia. Drilling is now under way at Ceibal with two rigs, and we have expanded the planned program from 1,500 to 5,000 metres. The planned drilling is intended to establish an initial section across the mineralized corridor, followed by stepout holes along the corridor to test its extent. A single 1,200-metre hole is also planned to test the system below surface and gather vectoring information toward the causative porphyry. Prior drilling at Ceibal returned long intersections of porphyry-style mineralization in multiple holes, including two intervals of 500 metres or more grading 0.5 gram per tonne Au, and we believe Ceibal has the potential to support follow-up drilling directed toward future mineral resource definition. With three rigs operating across Quinchia, we are well positioned to continue advancing Ceibal alongside our other drilling priorities, including Tesorito and Dos Quebradas."

The Ceibal target area is located approximately one kilometre south of the Miraflores deposit and one kilometre southwest of the Tesorito deposit and is coincident with a subcircular Au-Cu-Mo (gold-copper-molybdenum) surface geochemical anomaly with an approximate footprint of 800 metres by 600 metres. Ceibal shares key similarities with Tesorito, including its location within the broader Marmato Fault corridor, a surface geochemical anomaly that is broadly comparable in size and tenor, and porphyry-style mineralization hosted in andesite. For reference, the Tesorito deposit hosts an open-pit inferred mineral resource of 104 million tonnes at 0.47 g/t Au for 1.57 million ounces of gold, and 0.58 g/t Ag for 1.96 million ounces of silver.

Prior drilling at Ceibal highlighted the potential scale of a significant porphyry-style gold system. Between 2021 and 2022, a prior operator completed eight HQ- and NQ-diameter diamond drill holes totalling 5,433.76 metres at the Ceibal target area across two programs. The programs reported long intersections of porphyry-style gold mineralization in multiple holes, as summarized in Table 1, with select highlights including:

• CEDDH-001: 500 m at 0.5 g/t Au from surface;
• CEDDH-002: 579.1 m at 0.5 g/t Au from 7.5 m down hole;
• CEDDH-003: 466 m at 0.4 g/t Au from surface;
• CEDDH-004: 362 m at 0.4 g/t Au from two m down hole;
• CEDDH-005: 351.6 m at 0.4 g/t Au from 160.7 m down hole;
• CEDDH-006: 248.3 m at 0.4 g/t Au from 538 m down hole.

Drilling at Ceibal has delineated at least 300 metres of mineralized andesite and basalt along a corridor that remains open to the north-northwest, the south-southeast and to the southwest. Based upon the current interpretation, this corridor is defined by drilling in six holes, CEDDH-001 through CEDDH-006. The full extent, width and orientation of this mineralized corridor have not yet been established, and refining that interpretation is a key objective of this initial program. Mineralization is associated with QM- and M-type veining and chlorite-sericite overprinting, with subordinate potassic alteration. Sulphides commonly include pyrite, with lesser chalcopyrite and molybdenite, and magnetite is ubiquitous. The causative intrusive porphyry, or feeder zone, has not yet been intersected.

Tiger's expanded 5,000-metre initial drill program at Ceibal is intended to build upon prior drilling by systematically testing the apparent north-northwest-trending mineralized corridor and assessing continuity at depth. The use of two drill rigs and the increased program size is intended to accelerate data collection at this early stage, with the objectives of evaluating the overall scale of mineralization, further refining the geological interpretation and framework, and generating the data set needed to support future resource definition drilling.

Mineral resources and technical report

A report titled Quinchia Gold Project NI 43-101 Technical Report & Preliminary Economic Assessment, department of Risaralda, Colombia (effective Sept. 18, 2025), was filed on SEDAR+ on Dec. 10, 2025. The technical report also supports the disclosure of mineral resource estimates for the Miraflores and Tesorito deposits with an effective date of July 31, 2025. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Qualified person

The pertinent scientific and technical information contained in this release has been reviewed and approved by Jeremy Link, MEng, PEng, Tiger's vice-president, corporate development, and Cesar Garcia, MSc, FAusIMM, the company's exploration manager in Colombia, each of whom is a qualified person as defined by Canadian Securities Administrators within the meaning of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About Tiger Gold Corp.

Tiger is a growth-oriented gold exploration and mine development company focused on advancing its flagship asset, the Quinchia gold project, a multimillion-ounce gold project in the prolific Mid-Cauca belt of Colombia, over which Tiger holds an option to acquire a 100-per-cent interest. Tiger is led by a multidisciplinary team of exploration geologists, mine builders, engineers, metallurgists, ESG (environmental, social and governance) specialists, and corporate finance professionals with a record of exploration success, project advancement and bringing mines into production at globally recognized mining companies including AngloGold Ashanti, Barrick Mining, Yamana Gold, Detour Gold, New Gold, Pretium Resources and others.

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