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TDG GOLD Corp. Announces Appointment of Independent Technical Advisory Group

Management Changes

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

TDG GOLD CORP. ANNOUNCES APPOINTMENT OF INDEPENDENT TECHNICAL ADVISORY GROUP

White Rock, British Columbia, January 10, 2023 - TDG Gold Corp - (TSXV: TDG) (the “Company” or “TDG”)

is pleased to announce the formation of a n independent Technical Advisory Group consisting of three

expert industry representatives. The group will be led by Mr. Stephen Quin, P.Geo, working alongside Dr.

Adrian King, P.Geo, and Mr. Brad Mercer, P.Geo.

The Technical Advisory Group has a mandate to independently review technical information related to

TDG’s projects in the Toodoggone District and make recommendations to TDG’s technical team and board

of directors on maximizing resource expansion and evaluatio n of exploration opportunities for the

discovery of new deposit s across all of TDG’s projects. This dual track focus has become increasingly

important and necessary as the regional program initiated by the Company’s exploration consultant, Chris

Dail, C.P.G., in 2022 continues to generate multiple highly prospective exploration targets and

opportunities – some drill ready – across TDG’s entire portfolio of Toodoggone projects.

Fletcher Morgan, TDG’s CEO comments: “ In 2022, we ran a dual field program consisting of resource

definition and expansion drilling at Shasta whilst also undertaking a regional exploration program across

all our projects. The results of this regional work are still being compiled as assays come in, but it’s already

clear that we have a much bigger exploration opportunity than our limited previous work at Shasta has

identified. TDG intends to maintain its focus on organic growth of the epithermal gold-silver mineralization

around the Shasta main deposit and at our Mets mining lease whilst advancing the newly defined

exploration targets to the point that we either drill or potentially partner up to advance larger scale

opportunities.”

Stephen Quin, TDG’s Technical Advisory Group lead, comments: “The objective of the Technical Advisory

Group is to help TDG evaluate and advance the full range of exploration opportunities in this highly

prospective mineral belt by taking a systematic and integrated approach based on the extensive

experience of the Technical Advisory Group in both epithermal and porphyry style deposits.”

Shasta, Baker & Mets – Project Overview

TDG’s Toodoggone projects cover over 23,000 hectares of brownfield and greenfield mineral claims and

mining leases located in the Toodoggone District of north -central British Columbia, Canada. The targets

identified include the former producing high-grade gold-silver Baker and Shasta mines, and the Mets high-

grade developed prospect for which TDG recently published an Exploration Target Range (link). Following

its acquisition of the properties in 2020, TDG had focussed diamond drilling efforts at the former Shasta

mine investigating opportunities surrounding the formerly mined high-grade veins. TDG completed over

13,000 metres of oriented HQ diamond drilling at Shasta in 2021 and 2022. This modern drilling

complements the 28,000 metres of historical drilling that TDG has already recompiled.

In May 2022, TDG published an inaugural NI 43 -101 Mineral Resource Estimate for Shasta. In August -

October 2022, TDG completed a second phase of drilling at Shasta with the direct aim of growing the

mineral resource estimate – for which drill results are pending. Once received, the geological and mineral

resource model will be updated.

Also in 2022, TDG comp leted the first stage of a regional program aimed at defining and prioritising

additional drill and exploration targets adjacent to, and in the vicinity of, the Shasta deposit and between

Shasta to Baker. The new data includes geochemical sampling adjacent to Shasta outside of the deposit

footprint, in addition to ground magnetics / Very Low Frequency (“VLF”) geophysical survey and airborne

hyperspectral data acquisition. This data, in addition to the historical drill database and recent structural

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

analysis from oriented core, have successfully defined multiple target zones around the Shasta deposit: i)

including the Newberry target (originally discovered by Newmont in 1984) to the north, ii) the Cody Lee

Zone to the east, iii) the Cayley-Rainier/Fisher Zone potential extension to the south/southeast, and, iv) a

yet to be named VLF anomaly with similar magnitude, attitude and orientation west of the main Shasta

deposit. This presents Shasta to be redefined as a bigger exploration opportunity.

TDG Technical Advisory Group - Biographies

Stephen Quin, P.Geo

Mr. Quin is a graduate of the Royal School of Mines, London, with a B.Sc. in Mining Geology, a Professional

Geoscientist in BC and has more than 40 years ’ experience in all facets of the mining industry from

exploration to operations, as well as capital markets. H e is the former CEO and President of Midas Gold,

former President and COO of Capstone Mining, was President & CEO of Sherwood Copper and Executive

Vice President of Miramar Mining Corp. and Northern Orion Explorations. He currently serves as a non -

executive director of Bravo Mining Corp., Kutcho Copper Corp. and West Vault Mining Inc.

Adrian King, PhD, P.Geo

Dr. King is also a graduate of the Royal School of Mines and was previously the head of Chilean &

Argentinian exploration for Teck Resources Limited before becoming Teck’s Head of Global Exploration in

2016 until his retirement in 2020. His roles have covered projects at all stages from generative through to

evaluations, commercial and resource-reserve definition. Dr. King has authored and co-authored several

scientific papers and has been a team member for multiple discoveries with a particular emphasis on

epithermal gold silver, porphyry copper (+/- gold) and base metal deposits.

Brad Mercer, P.Geo

Mr. Mercer managed copper exploration for Capstone Copper Corp. in the Americas from 2005 -2017,

initially as VP Operations including Capstone’s mining operations and then subsequently as COO. During

Brad’s tenure at Capstone operational improvements included tripling mine life at the Minto and Cozamin

operations and doubling production from Cozamin. Capstone went on to merge with private equity

company Mantos Copper , forming a mid -cap, Latin American operation, with four mines plus several

multi-billion-dollar capital development projects. Mr. Mercer’s team also made significant porphyry and

IOCG mineral discoveries in Chile and a large porphyry/epithermal complex in northern Mexico. Prior to

Capstone, Mr. Mercer was directly involved gold exploration across Canada, including the Hope Bay and

Committee Bat projects in Nunavut.

Qualified Person

The technical content of this news release has been reviewed and approved Steven Kramar, MSc., P.Geo.,

Vice President, Exploration for TDG Gold Corp., a qualified person as defined by National Instrument 43-

101.

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

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 acce ssible, produced

intermittently between 1981-2012, and have over 65,000 m of historical drilling. The projects have been

advanced through compilation of historical data, new geological mapping, geochemical and geophysical

surveys, and at Shasta, drill test ing of the known mineralization occurrences and their extensions. An

initial NI 43 -101 Mineral Resource Estimate was published for Shasta in May 2022, while additional

extensional and new target areas surrounding the project have been identified and prioritized for future

drill programs.

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”, “estimate”, “targets”, “prospective”,

“opportunities”, ”potential” and other similar words or statements that certain events or conditions “may” or “will” occur. Such

forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or

results to diffe r 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 econom ic

evaluations; changes in project parameters as plans to continue to be refined; possible variations in ore grade or recovery rates;

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.