Mr. Robert Vallis reports
TIGER GOLD COMMENCES TRADING IN THE U.S. ON THE OTCQB
Tiger Gold Corp.'s common shares have begun trading on the OTCQB Venture Market under the symbol TGRGF.
The OTCQB is one of the world's largest and most liquid trading markets, providing access to a wide base of investors across the United States. The listing marks an important step in expanding Tiger Gold's visibility and strengthening its presence in the U.S. market.
"Listing on the OTCQB represents the achievement of another milestone for Tiger Gold as we expand our U.S. market presence," said Robert Vallis, chief executive officer of Tiger Gold. "We are committed to broadening our shareholder base and believe this is an important next step."
Tiger's phase 1 drill program at the Quinchia gold project commenced in November, 2025, and there are three diamond drill rigs turning across the project, including two rigs at Tesorito and one rig at Dos Quebradas. Tiger's initial 10,000-metre phase 1 program includes 6,000 metres at Tesorito designed to improve confidence in the mineral resource and to test margins and depth extensions to expand known mineralization. The balance of the phase 1 program is intended to test additional high-priority targets at Quinchia.
The Quinchia gold project is located approximately 20 kilometres south of Aris Mining's Marmato gold mine and Collective Mining's Guayabales and San Antonio projects in what is emerging as one of South America's most active districts for gold exploration and development. The Quinchia gold project benefits from access and proximity to established infrastructure, including road and rail, as well as clean, lower-cost, renewable hydroelectric grid power.
Quinchia sits in an increasingly proven gold district, and the company believes the broader system remains underexplored beyond the current resource areas. Over the balance of 2026, drilling and fieldwork will focus on expanding the footprint and prioritizing the next set of drill-ready targets.
Mineral resource and preliminary economic assessment
Quinchia gold project PEA
A technical report titled "Quinchia Gold Project NI 43-101 Technical Report & Preliminary Economic Assessment, Department of Risaralda, Colombia (effective Sept. 18, 2025)" was completed by Ausenco Engineering, Moose Mountain Technical Services and Aurum Consulting and filed on SEDAR+ on Dec. 10, 2025. The technical report also supports the disclosure of mineral resources.
The PEA base case evaluated the Quinchia gold project's Miraflores and Tesorito deposits at a $2,650-(U.S.)-per-ounce gold price and $29.51-(U.S.)-per-ounce silver price using a discounted cash flow analysis at a 5-per-cent discount rate and, based upon the assumptions set out in the technical report, resulted in a posttax net present value discounted at 5 per cent of $534-million (U.S.), an internal rate of return of 21.3 per cent and a payback period of 3.83 years. Over the 10.2-year mine life, the PEA reported average annual payable production of 138,000 ounces of gold and 104,000 ounces of silver (141,000 oz gold equivalent), with cash costs of $1,199 (U.S.) per oz Au and all-in sustaining costs of $1,340 (U.S.) per oz Au. The PEA also outlined an upside case at $3,700 (U.S.) per oz Au that yielded a posttax NPV (5 per cent) of $1,188-million (U.S.) and an IRR of 36.5 per cent.
The PEA is, by definition, preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA results will be realized.
The technical report includes mineral resource estimates for the Miraflores and Tesorito deposits with an effective date of July 31, 2025. The mineral resources were estimated using Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards for Mineral Resources and Mineral Reserves (2014) and in accordance with CIM Mineral Resources and Mineral Resources Best Practice Guidelines (2019). Mineral resources that are not mineral reserves do not have demonstrated economic viability.
Miraflores gold deposit (effective July 31, 2025)
At a cut-off grade of 1.37 grams per tonne gold equivalent:
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Measured: 2.8 million tonnes at 2.75 g/t Au for 240,000 oz Au, and 2.37 g/t silver for 210,000 oz Ag;
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Indicated: 3.3 Mt at 2.52 g/t Au for 270,000 oz Au, and 2.20 g/t Ag for 230,000 oz Ag;
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Measured and indicated: 6.1 Mt at 2.62 g/t Au for 510,000 oz Au, and 2.28 g/t Ag for 440,000 oz Ag;
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Inferred: 80,000 t at 2.81 g/t Au for 10,000 oz Au, and 2.54 g/t Ag for 10,000 oz Ag.
Tesorito gold deposit (effective July 31, 2025)
At an open-pit cut-off grade of 0.20 g/t Au:
- Inferred: 104 Mt at 0.47 g/t Au for 1.57 Moz Au, and 0.58 g/t Ag for 1.96 Moz Ag.
Dos Quebradas deposit -- historical estimate
The most recent historical mineral resource estimate for the Dos Quebradas deposit was prepared by Resource Development Associates Inc. with an effective date of Feb. 25, 2020, and reported by Los Cerros Ltd. in accordance with the Joint Ore Reserves Committee Code (2012). At a 0.5 g/t Au cut-off grade, the historical estimate was reported as:
- Historical inferred mineral resource: 20.2 Mt at 0.71 g/t Au (459,000 oz Au).
The historical Dos Quebradas estimate was based upon 19 diamond drill holes (8,824 m) drilled on 25-metre section spacing, defining mineralization over an approximately 400-metre-by-300-metre area from surface to an approximately 550-metre depth. Mineralization is hosted within diorite porphyry and intrusive breccias.
The company cautions that the Dos Quebradas estimate is considered historical in nature and that a qualified person, as defined by National Instrument 43-101, has not done sufficient work to classify this estimate as a current mineral resource. Consequently, Tiger is not treating this historical estimate as a current mineral resource, and it should not be relied upon. Recommended work programs include assaying of historical core to confirm grades, database validation and verification to ensure data integrity, and updated geological modelling to align with current CIM standards. Tiger considers Dos Quebradas an exploration prospect within the Quinchia gold project, with potential requiring further drilling and evaluation.
Marketing agreements
The company is also announcing that it has entered into an agreement with National Inflation Association dated Feb. 4, 2026, for a six-month term. NIA will provide marketing services to the company, including the promotion of the company's activities through NIA's e-mail distribution lists, website and blog posts. The company has agreed to pay NIA $60,000 (U.S.) for providing services and has the option to extend the agreement for another six months for an additional $60,000 (U.S.).
Gerard Adams is the principal of NIA and will be responsible for all activities related to the company. NIA and its principal are arm's length to the company, and, as of the date hereof, to the company's knowledge, NIA does not own any securities of the company. NIA is based in North Carolina.
The company is also announcing that it has entered into a marketing service agreement with X Media Inc. SEZC dated Feb. 4, 2026, for a six-month term. X Media will provide strategic digital marketing, investor awareness, advertising and public relations services to the company, which may include digital advertising campaigns, public relations distribution, media placement, influencer outreach, investor lead generation, content creation and related marketing activities. The company has agreed to pay X Media a total of $300,000 (U.S.) for the six-month term, payable in two tranches of $200,000 (U.S.) upon execution of the agreement and issuance of invoice, and $100,000 (U.S.) within 60 days thereafter. Melissa Destarac, chief marketing officer of X Media, will be responsible for all activities related to the company. X Media and its principal are arm's length to the company, and, as of the date hereof, to the company's knowledge, X Media does not own any securities of the company. X Media is based in Grand Cayman, Cayman Islands.
Qualified person
The pertinent scientific and technical information contained in this news release has been reviewed and approved by Jeremy Link, MEng, PEng, vice-president, corporate development, of Tiger Gold Corp., who is a qualified person within the meaning of National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
About Tiger Gold Corp.
Tiger is a growth-oriented mining, exploration and 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, which Tiger holds under an option to acquire a 100-per-cent interest. Tiger is led by a multidisciplinary team of experienced mine builders, engineering, metallurgical, environmental, social and governance, and corporate finance professionals who have brought numerous mines into production at globally recognized mining companies including AngloGold Ashanti, Barrick Gold and Yamana Gold. Tiger is led by president and chief executive officer Mr. Vallis, who brings a strong record of strategic leadership and execution in the mining sector.
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