TDG GOLD Corp. Announces Anticipated Termination of the Nueva Esperanza Acquisition
1
TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
TDG GOLD CORP. ANNOUNCES ANTICIPATED TERMINATION OF THE NUEVA ESPERANZA ACQUISITION
White Rock, British Columbia, January 18, 2022 . TDG Gold Corp. (TSXV: TDG) (the “Company” or “TDG”)
advises that TDG has notified Kingsgate Consolidated Limited (“ Kingsgate”) that it anticipates that certain
conditions precedent to the acquisition (“Acquisition”) of the “Nueva Esperanza” silver-gold project pursuant to
the terms of the definitive agreement (the “ Agreement”) between the Company and Kingsgate will not be
fulfilled prior to the outside date for completion of the Acquisition on January 31, 2022, and therefore TDG
anticipates that it will terminate the Agreement on such date.
The results from TDG’s 2021 exploration and drill programs on its project portfolio in the Toodoggone Production
Corridor have exceeded the Company’s expectations and the Company intends to now focus 100% of its efforts
there.
With the substantial increase in geological knowledge gained from the 2021 exploration and drill programs, the
Company is very confident of further expanding the known mineralization and disco vering additional new
deposits on the Toodoggone project. The results of the 2021 exploration and drill programs are still be ing
received and analyzed, and the Company will be announcing such results during the first quarter of 2022.
The results of the 2021 programs will guide the 2022 exploration and drilling programs at the Toodoggone
project, which will be funded by the proceeds from the sale of flow-through units as announced in the Company’s
press releases dated December 17, December 23 and December 30, 2021.
About TDG Gold Corp.
TDG is a major mineral claim holder in the historical Toodoggone Production Corridor of north -central British
Columbia, Canada, with over 23,000 hectares of brownfield and greenfield exploration opportunities under
direct ownership or earn-in agreement. TDG’s flagship projects are the former producing, high-grade gold-silver
Shasta, Baker and Mets mines, which are all road accessible, produced intermittently between 1981 and 2012,
and have over 65,000 m of historical drilling. In 2021, TDG has advanced the projects through compilat ion of
historical data, new geological mapping, geochemical and geophysical surveys, and, for Shasta, drill testing of
the known mineralization occurrences and their extensions. TDG currently has 78,361,085 common shares
issued and outstanding.
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.
This news release contains forward- looking statements that are based on the Company’s current expectations
and estimates. Forward- looking statements are frequently characterized by words such as “plan”, “expect”,
“project”, “intend”, “believe”, “anticipate ”, “estimate”, “suggest”, “indicate” and other similar words or
2
TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
statements that certain events or conditions “may” or “will” occur. Forward looking statements in this press
release include the Company’s plans with respect to further exploration of its mineral properties. Such forward-
looking statements involve known and unknown risks, uncertainties and other factors that could cause actual
events or results to differ materially from estimated or anticipated events or results implied or expressed in such
forward-looking statements. Such factors include, among others: the actual results of current exploration
activities; conclusions of economic evaluations; changes in project parameters as plans to continue to be refined;
accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or
financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not
to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which
it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or
obligation to update any forward- looking statement, whether as a result of new information, future events or
results or otherwise. Forward- looking statements are not guarantees of future performance and accordingly
undue reliance should not be put on such statements due to the inherent uncertainty therein.