Tiger Gold Corp and LCL Resources forge strategic alliance with transformational project acquisition Podcast By cover art

Tiger Gold Corp and LCL Resources forge strategic alliance with transformational project acquisition

Tiger Gold Corp and LCL Resources forge strategic alliance with transformational project acquisition

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 Tiger Gold Corp CEO Robert Vallis and LCL Resources Executive Chairman Chris (van vake)Van Wijk joined Steve Darling from Proactive to provide deeper insight into a transformational deal for both companies: Tiger Gold Corp’s acquisition of the Quinchia and Andes gold projects in Colombia from LCL Resources. This strategic transaction sets the stage for accelerated development and value creation, moving these promising assets from exploration into an aggressive development trajectory. Under the terms of the binding Share Purchase Option Agreement, Tiger Gold will acquire 100% ownership of the projects for AUD$14 million in cash, along with a 1% Net Smelter Royalty (NSR) retained by LCL. The deal marks a significant shift for Tiger Gold from a predominantly exploration-focused entity to a development-stage gold company, with the resources and team now in place to unlock the full potential of the Quinchia District. The Quinchia and Andes projects are considered some of the most promising emerging gold opportunities in Colombia. Located in the country's renowned Mid-Cauca Gold Belt, the assets include the advanced-stage Miraflores deposit, which is fully permitted for underground development, as well as the nearby Tesorito deposit, a newer discovery that shows strong potential for resource expansion and synergies with Miraflores. Together, these deposits represent over 2 million ounces of discovered gold to date, with significant upside remaining through continued exploration. LCL Resources, having spent several years advancing these assets through disciplined exploration, community engagement, and environmental stewardship, has laid a strong foundation. Executive Chairman Chris Van Wijk noted that the company’s success in securing local trust and permitting at Miraflores has been a cornerstone of its value creation strategy. “This isn’t just a resource play—it’s a demonstration of responsible mining and authentic partnership with our Colombian stakeholders,” said Van Wijk. “We’re confident that Tiger Gold is the right partner to take this to the next stage.” For Tiger Gold Corp, this acquisition provides a clear pathway to production. CEO Robert Vallis outlined the company’s near-term plan, which includes the launch of a NI 43-101 Preliminary Economic Assessment (PEA). This study will focus on the fully permitted Miraflores deposit and incorporate the adjacent Tesorito discovery, with the goal of integrating both into a coherent development plan. The PEA will serve as a launching point for more detailed engineering and economic analysis, ultimately paving the way for a Feasibility Study targeted for 2026, and a subsequent construction decision. Both Vallis and Van Wijk emphasized that the transaction reflects not only a transfer of assets but the beginning of a strategic relationship between the companies—one that may extend into future collaboration opportunities. As work begins on the ground, Tiger Gold is assembling technical and permitting teams to prepare for expanded drilling, updated resource modeling, and engineering studies that will form the backbone of the PEA. These early initiatives are designed to de-risk the project, build investor confidence, and maintain momentum through to the next critical development milestones. #proactiveinvestors #asx #lcl #lclresources #tigergoldcorp LCLResources #TigerGold #GoldExploration #PapuaNewGuinea #MiningNews #JuniorMining #GoldInvestment #ESGMining #PorphyryGold #KusiDeposit #ColombianAssets #MiningDeal #ResourceExpansion #ProactiveInvestors
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