Tiger Gold Completes First Option Payment to Acquire Multi-Million-Ounce Quinchía Gold Project and Becomes Operator

Vancouver, British Columbia--(Newsfile Corp. - June 16, 2025) - Tiger Gold Corp. ("Tiger Gold" or the "Company") is pleased to announce that it has completed the first option payment under its option agreement with LCL Resources Limited ("LCL") to acquire the Quinchía Gold Project and the Andes Gold Project, located in Colombia's prolific Mid-Cauca Gold Belt, and Tiger Gold has been appointed Operator following the satisfaction of all conditions and the completion of such first option payment.

"This is an important step towards completing what we expect will be a transformational acquisition for Tiger. The Quinchía and Andes gold projects provide a rare combination of near-term development potential, district-scale opportunity, and significant exploration upside within a proven gold belt," said Tiger Gold President and Chief Executive Officer Robert Vallis. "With regulatory approvals secured, the first option payment made, operatorship now in our hands, and all conditions precedent to exercising the option satisfied, our team is now updating mineral resources and intends to commence a Preliminary Economic Assessment (PEA) imminently based upon updated mineral resources. This will provide an initial evaluation of the project's current status, valuation, and economic potential while informing our next steps on our path towards a production decision."

Highlights

• Tiger Gold Appointed Operator: With all approvals in place and the first option payment completed, Tiger is now the operator of the Quinchía and Andes Projects.

• Large Historical Gold Resource: Historical estimates total more than 2 million ounces of gold across the Miraflores, Tesorito, and Dosquebradas deposits.^[1]

• Established Mining District: Located in Colombia's Mid-Cauca Belt, a prolific gold and copper producing region.^[2]

• Permitted for Underground Development: Miraflores has an Approved Environmental License ^[3] and Mining Technical Work Program (PTO)^[4]

• Substantial Open Pit Potential: All deposits mineralized to surface and remain open at depth, providing significant exploration upside potential and supporting flexible production scenarios.

• District-Scale Growth Potential: Multiple satellite drill-ready exploration targets and new gold-copper discoveries.

• Strong Community Support: 2022 Colombian Gold Symposium's ESG Award winner^[5]