JV video: Economics back Tiger Gold’s Colombia push

Tiger Gold’s Quinchía gold project has the rocks and expert analysis to be Colombia’s next producer, according to CEO Robert Vallis.

A preliminary economic assessment this year outlines a 140,000-oz. average annual output over the first five years, $1,340 per oz. all-in sustaining costs and an initial capital bill of $480 million (C$672 million).

“Location, location, location,” Vallis told The Northern Miner anchor Devan Murugan, pointing to a “very well geologically endowed” district where several world-class deposits have been found. “We know what is there in situ. It’s a substantive foundation to grow from,” the CEO said.

The soon-to-be-listed company is advancing the Miraflores (underground) and Tesorito (open-pit) deposits with drilling to expand resources as the core of a staged development plan. Nearby prospects include the historical Dos Quebradas deposit and the Ceibal and Chuscal discoveries, giving Tiger a tight hub of deposits close to roads and power – an advantage for year-round operating conditions.

Watch the full interview below:

The preceding Joint Venture Article is PROMOTED CONTENT sponsored by Tiger Gold and produced in cooperation with The Northern Miner. Visit https://tigergoldco.com for more information.