JUNIORMETRICS

Tiger Gold Corp.

TGRGF·TIGR·D150·US$0.45 (CAD 0.63)·US$47.1M cap
GoldQuinchía Gold Project, Mid-Cauca Belt, Colombia Map

Tiger Gold Corp. is advancing the Quinchía Gold Project and adjacent Andes Gold Project in Colombia's Mid-Cauca porphyry-epithermal belt, where its current NI 43-101 resource (effective 31 July 2025) contains 510,000 oz of gold measured and indicated at the Miraflores deposit plus 1,580,000 oz inferred, almost all of it at Tesorito. Tiger acquired 100% of the Quinchia project in July 2026, and its technical report with a preliminary economic assessment, effective 18 September 2025, is the project's current study. Three drill rigs were active as of early 2026 running infill, extension, and discovery holes, with the initial Ceibal program expanded from 1,500 to 5,000 metres. Key 2026 catalysts include an updated resource estimate at Tesorito and new surface resources at Dos Quebradas/Ceibal, targeting a future PFS and construction decision.

Notable vs. Peers

  • Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.

Lifecycle Milestones

Grassroots
Resource Def.
PEACurrent
PFS
Feasibility
Permitting
Construction
Production
Prior Ownership & Infrastructure
Road AccessGrid Power5.7/10 built out

Not in place: mill, tailings facility.

7.2/10
Weak track recordStrong track record
7.2/10 vs.
5.3/10
Thin runwayWell-capitalized
5.3/10 vs.
How this is calculated
5.5/10
Weaker depositStronger deposit
5.5/10 vs.
How this is calculated
6.7/10
Harder place to buildEasier place to build
6.7/10 vs.
What goes into it
  • Jurisdiction (40%)6/10

    Colombia's Mid-Cauca gold belt is prolific and mining-friendly in practice, but the country carries genuine security, community-consultation, and policy-continuity risk typical of workable-but-riskier Latin American jurisdictions (comparable tier to Mexico/Peru).

  • Infrastructure (40%)5.7/10

    No confirmed mill, confirmed road access, confirmed grid power, and no confirmed tailings facility at Quinchía Gold Project, Mid-Cauca Belt, Colombia.

  • Nearby producing mine (20%)9.9/10

    Marmato Upper Mine (Zona Alta) (Aris Mining Corporation) is 21 km away -- within regional-platform range.

6.2/10
Weaker profileStronger profile
6.2/10 vs.
Price Chart
$0.395$0.459$0.502$0.553$0.456DecMarJunAugOct
Dec 19, 2025 – Oct 20, 2026
Stage changeNews
$0.45
+27.7%from low-36.2%from high
$0.35$0.70
See who ↓
5.3%
Low alignmentHigh alignment
5.3% vs.
See who ↓
0%
Low alignmentHigh alignment
0% vs.
$47.1M
Far belowFar above
$47.1M vs. $21.9M peer median
Price (USD - Local)
US$0.45 (CAD 0.63)
Cash Position (USD)
$5.7M
Far belowFar above
$5.7M vs. $3.3M peer median
Debt (USD)
Far aboveFar below
$0 vs. $0 peer median
$41.4M
Far belowFar above
$41.4M vs. $19.4M peer median
105.1M
Far aboveFar below
105.1M vs. 154.2M peer median
Jurisdiction
Colombia
510,000 oz
Feeds Deposit Quality score
Measured240,000 oz
Indicated270,000 oz
Inferrednot scored1,580,000 oz
Total resource2,090,000 oz
Far belowFar above
510K oz vs. 1.3M oz peer median
Compares M&I only — Inferred isn't compared or scored.
$81.21/oz
M&I
Total resource (incl. Inferred)$19.82/oz
Peer median $68.74/oz
Far aboveFar below
$81.21/oz vs. $132.67/oz peer median
Cut-off: 1.37 g/t AuEq (underground) / 0.20 g/t Au (open pit)
Open pit and underground
10.2 yrs2025 study
Far belowFar above
10.2 yrs vs. 11.1 yrs peer median
$1,340/oz Au, co-product2025 study
@5%$534M2025 study · gold deck US$2,650 vs spot US$4,114/oz
Far belowFar above
$534M vs. $603M peer median
0.09x2025 study · gold deck US$2,650 vs spot US$4,114/oz
Far aboveFar below
0.09x vs. 0.32x peer median
0.08x2025 study · gold deck US$2,650 vs spot US$4,114/oz
Far aboveFar below
0.08x vs. 0.30x peer median
$479.7M2025 study
Far aboveFar below
$479.7M vs. $276.5M peer median
1.1xBelow Durrett's 2:1 bar2025 study · gold deck US$2,650 vs spot US$4,114/oz
Far belowFar above
1.1x vs. 2.4x peer median
$2,650/oz36% below spot ($4,114/oz)2025 study
21%Below Durrett's 25% developer bar2025 study · gold deck US$2,650 vs spot US$4,114/oz
Far belowFar above
21% vs. 43% peer median
5.3%
0%100%
5.3% vs. 12.1% peer median
0%
0%100%
0% vs. 3.3% peer median
21 kmfrom Aris Mining Corporation's Marmato Upper Mine (Zona Alta)
Within regional-platform range (~50km)

Acquisition Susceptibility

How this is calculated
7.2/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer holds a disclosed stake on file (holder register researched) See holders

    Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.

    Weight 25%
  • Distance to a producing mine
    Sub-score:
    7.9/10

    Nearest producing mine: Marmato Upper Mine (Zona Alta) (Aris Mining Corporation), 21 km

    10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.

    Weight 22.5% · 46% here
  • Lifecycle stage
    Sub-score:
    6/10

    Stage: Preliminary Economic Assessment

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 31% here
  • Jurisdiction
    Sub-score:
    6/10

    Colombia: jurisdiction score 6/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 14% here
  • Commodity
    Sub-score:
    10/10

    Primary commodity: Gold

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 9% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
+1.6% since 2026-08-01 · -13.9% from peak

Your Rankings

Community Sentiment
—SELLINGBUYING
CategoryCommunityYour Ranking
Overall— (0) 
Management— (0) 
Financials— (0) 
Jurisdiction— (0) 
Project Quality— (0) 

Management Team

Corporate Secretary of Tiger Gold Corp. 35+ years' experience with junior mining and exploration companies across multiple exchanges, with expertise in financial reporting and international structures.

President and CEO, and Director, of Tiger Gold Corp. (MBA, P.Eng.) Accomplished senior mining executive with a 28-year career, including 23 years with Barrick Gold and Yamana Gold, spanning C-suite leadership, M&A, and mine operations.

Chief Operating Officer of Tiger Gold Corp. (P.Eng.) 30+ years advancing gold projects from exploration through operations at Barrick, Yamana, and other firms; B.Sc. Metallurgical Engineering.

Chief Financial Officer of Tiger Gold Corp., effective July 1, 2026. (CPA, CA) 15 years of corporate finance, financial reporting, and audit experience, having served as CFO for junior mining and other public and private companies.

VP Corporate Development at Tiger Gold Corp.; also Chairman of the Board of Kiboko Gold Inc. (M.Eng., P.Eng.) 20+ years in exploration, mining, and capital markets, having helped secure more than $200 million for mining ventures across various roles.

Exploration Manager at Tiger Gold Corp. 19+ years of mineral-exploration expertise in Colombia; previously a senior exploration geologist at AngloGold Ashanti, where he led exploration and discovered the high-grade Nuevo Chaquiro Cu-Au-(Mo) porphyry.

Country Manager, Colombia for Tiger Gold Corp. (M.Sc.) 15+ years in environmental engineering and ESG strategy within mining; formerly with Mineros S.A. managing permitting and community strategies.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
1/10

Tiger Gold bought the Quinchia and Andes gold projects in Colombia outright from LCL Resources for cash — US$7.5 million in total, plus a US$6.5 million payment deferred to first gold pour and a 1% net smelter royalty — so the vendor took no Tiger Gold shares and does not appear on the register. The company has raised about C$44 million since going public, including a C$21 million oversubscribed special-warrant offering in June 2026, but no subscriber has been named in any of it. We found no producer or joint-venture partner, no named institutional holder and no insider transaction records, and reported institutional ownership is zero.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Tiger Gold is exploring the Quinchía gold project and the adjacent Andes gold project in the Mid-Cauca porphyry-epithermal belt of Colombia. The current resource, in a technical report by Ausenco effective 18 September 2025, contains 510,000 oz of gold in measured and indicated resources at the Miraflores deposit (240,000 oz measured and 270,000 oz indicated), plus 1,580,000 oz inferred, almost all of it the 1,570,000 oz Tesorito deposit (104 Mt at 0.47 g/t). The Dos Quebradas deposit has no current resource, and the company does not treat older estimates for its deposits as current. On 15 September 2026 Tiger reported step-out results from the Ceibal target including 232m at 0.5 g/t gold from surface and 165.7m at 0.9 g/t from 284m (with 36m at 2.9 g/t from 400m), with one rig continuing at Ceibal and two completing infill and extension drilling at Tesorito. A maiden resource estimate for Ceibal is targeted for early 2027.