Tiger Gold Hits Another Home Run Gold Hole in Colombia

Bob Moriarty
Archives
Apr 22, 2026

I did a short piece last week talking about three junior lottery tickets that I like a lot based on the outstanding results they were announcing. I had a conference with Tiger Gold’s top management the same day I posted the piece. They had just released really excellent drill results from the early holes in a 20,000-meter drill program at their Quinchía Gold Project in Colombia's prolific Mid-Cauca gold belt. 

After our hour-long discussion, I felt like a blithering idiot because there was so much of importance that I had totally missed. I realized to my horror that the company was worth a much longer discussion about who they were and what their plans were. They were thoughtful enough to release another barn burning assay results on April 21st, today as I write, that justifies my expanding on what I said last week.

Hole QDQDH-27 from the Dos Quebradas deposit showed values of 282.5 meters of 0.6 g/t Au from 18 meters downhole. 0.6 g/t gold doesn’t sound like much but based on today’s price of gold, a single gram of gold is worth $154 in USD so 0.6 g/t is still worth over $92 USD. A 282.5-meter intercept is giant. Even with a grade of 0.6 g/t gold, it shows a gram/meter intercept of 169.5. I will repeat for any new readers of my work, anything over 100 gram/meters is a great hole.

Do remember from my piece from last week that Dos Quebradas by itself has a 495,000 gold ounces historical resource. Obviously it would be immensely valuable for Tiger Gold to bring that historical resource into their existing 2.08-million-ounce 43-101 resource. I believe their site shows they expect a current 43-101 to be complete in H12026.

Tiger Gold is led by one of the most experienced CEOs of a junior resource company I have witnessed in twenty-five years. Robert Vallis, CEO, was formerly with Barrick Gold and Yamana. I was quite impressed with what he passed on to me. He is top notch and worldly.

He knew the project and realized the Australian junior that controlled it was in trouble. He bought over 2.5 million ounces of economic gold for $2 million and $14 million over time. I told him that the police in Florida was looking for him. He sorta laughed, confused by what I was trying to say. He thought I was confusing Tiger Gold with Tiger golfer.

I wasn’t, I was trying and failing to make the point they stole the project.

Since the 495,000 ounces at Dos Quebradas is only historic, not 43-101, they couldn’t include it in the September 2025 PEA on the project. That PEA valued the 43-101 resource of 2.08 million ounces of gold at a NPV of over $1.19 billion with a 36.5% IRR and a 2.6-year payback at $3700 gold. But of course, gold isn’t $3700, it’s over $4700.

If you only valued the company at 1% of NPV that would make the market cap in excess of $120 million while the market only gives the company an $85 million market cap. Even that number is confusing since the company has about $18.9 million CAD in the bank giving them an enterprise value of only $66 million or about $48 million in USD or gold on sale in the ground for $18.50 an ounce.

The assay numbers by themselves fail to tell the entire story of this incredible steal. The 20,000 meter fully funded drill program has already revealed the potential for a high-grade feeder zone beneath the pit resources at Tesorito. The breccia mineralization shows higher grade gold and the presence of copper mineralization. Both very significant because it hints at a porphyry component at depth which opens up the potential for high-grade underground mining as well as an open pit for the 2.08 million ounces already outlined at Tosorito.

Tiger Gold has everything. The company paid about $5 an ounce USD for gold and is paying that over time. It’s an advanced stage project with a PEA and plans for a PFS a year from now. Management is experienced and determined to become Colombia’s newest gold mine. The price of gold today demands action and with $19 million in the bank, management can deliver.

Tiger is an advertiser. I participated in the PP in a small way but I have added to my position in a much bigger way with the news they are releasing. Of course, I am biased so do your own due diligence. If you can invest in management of this caliber and get gold for $18.50 an ounce, you don’t even need me to tell you it is cheap.

Tiger Gold Corp
TIGR-V $.82 Apr 21, 2026
TGRTF-OTCQB 104.7 million shares 
Tiger Gold website

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Bob Moriarty
President: 321gold
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321gold Ltd