TDG GOLD Announces Definitive Purchase Agreement FOR Oxide PEAK, Toodoggone

TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

TDG GOLD ANNOUNCES DEFINITIVE PURCHASE AGREEMENT FOR OXIDE PEAK, TOODOGGONE

White Rock, British Columbia, February 14, 2024. TDG Gold Corp (TSXV: TDG) (the “Company” or “TDG”)

announces that it has entered into a definit ive purchase agreement (the “Purchase Agreement”) with

ArcWest Exploration Inc. ("ArcWest") pursuant to which TDG will acquire from ArcWest a 100% interest

in the Oxide Peak mineral claims ("Oxide Peak") located in the Toodoggone District of north -central B.C.

(the “Acquisition”).

Oxide Peak covers 8,490 hectares of prospective exploration ground to the north of and contiguous with

TDG's Baker Complex. Oxide Peak provides multiple opportunities for copper- gold porphyry discoveries.

Since signing the initial option agreement with ArcWest in December 2019 (the "Option Agreement"),

TDG has completed approximately $3.3 million of exploration expenditures on Oxide Peak including 2050

metres of diamond drilling.

Under the terms of the Purchase Agreement, in consideration for the Acquisition, TDG will pay ArcWest

$100,000 and will issue to Arcwest 412,031 common shares of TDG (the “TDG Shares”). Additionally,

ArcWest will receive a 2% net smelter returns royalty on the Oxide Peak property, of which 1% may be

repurchased by TDG for $1,000,000. The Purchase Agreement replaces the Option Agreement, which has

been terminated. The TDG Shares will be subject to a four-month hold period under applicable securities

laws, as well as certain orderly sales requirements agreed to between TDG and ArcWest. The Acquisition

remains subject to the approval of the TSX Venture Exchange.

Fletcher Morgan, TDG's CEO, commented: " With 100% ownership of the Oxide Peak mineral claims, we

are able to prioritize our work across our Toodoggone properties based on TDG’s needs and interests. Our

exploration work on Oxide Peak has demonstrated a potential geological relationship with our B aker

Complex to the south of Oxide Peak and with our Bot property to the northwest. It makes sense to put

these projects together and prioritize targets across the entire property package as we start to finalize our

plans for the 2024 exploration season.”

ON BEHALF OF THE BOARD

Fletcher Morgan

Chief Executive Officer

For further information contact:

TDG Gold Corp.

Telephone: +1.604.536.2711

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.