TDG GOLD Corp. Completes 2021 Toodoggone Field Program, B.c.

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

TDG GOLD CORP. COMPLETES 2021 TOODOGGONE FIELD PROGRAM, B.C.

White Rock, British Columbia, December 15, 2021. TDG Gold Corp. (TSXV: TDG) (the “Company” or “TDG”) is

pleased to announce the completion of its 2021 Toodoggone Field Program which included 8,048 metres (“m”)

diamond drilling in 55 holes at Shasta and 1,0 29 m of diamond drilling in 2 holes at the Drybrough target

located on its Oxide Peak earn-in project to the north of TDG’s former producing Baker mine. Samples from the

Shasta drilling have been submitted to SGS Canada for analysis with final results expected to be received

between January and February 2022. Other work completed included sampling and mapping at TDG’s Mets

and Baker mining leases and an airborne magnetic survey at TDG’s Bot property located further to the nort h.

Results have now been received for the sampling and survey work and are being compiled by TDG’s technical

team. TDG would like to thank its community and business partners for their support during the 2021 field

season, in particular Chu Cho Industries, Chu Cho Environmental, Sasuchan LP and Falkirk Environmental

Consultants. The Baker camp will be maintained in readiness for TDG’s 2022 field program which may resume

as soon as early spring 2022.

Shasta

All metres drilled at Shasta were located within the Permitted Mine Area (see Figure 1). Over 90% of the

metres drilled were oriented core to provide additional structural geological information and to enhance the

resource estimation work being undertaken for TDG by Moose Mountain Technical Services (“Moose

Mountain”). Samples have been selected for metallurgical testing.

Figure 1. Map of Shasta 2021 drill holes and historical drill collars.

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

The drilling completed at Shasta was aimed at confirming the historical assays and test ing known extensions

around the historical mine workings. Samples have been submitted to SGS Canada for analysis with final

results expected to be received between January and February 2022.

TDG provided an overview of its other Shasta exploration activities in its September 07, 2021 news release (see

here). Final assays have now been received from the systematic channel sampling completed at the Shasta

Creek and JM pits . The purpose of the work was to enhance TDG’s understanding of the geological and

mineralogical setting and controls of Shasta. TDG expects to publish these results shortly.

Drybrough, Oxide Peak

The two diamond drill holes completed at Drybrough have been logged, cut and will be submitted to MSA Labs

for analysis with assay results expected by the end of January 2022. Both holes were drilled at an azimuth of

300°.

Hole OP21 -001 was drilled to a depth of 513 m at a dip angle of - 63° and was designed to target into the

centre of the magnetic anomaly (see TDG’s November 16, 2021 news release) The borehole appears mainly to

intersect volcaniclastic rocks with propylitic intersections and intervals with potassic alteration. Arsenopyrite

was also noted in veinlets at approximately 300 metres depth. This may indicate that this drill hole is on the

deeper margin of a porphyry system. The hole ended in sulphide mineralisation, which included increasing

concentrations of disseminated pyrite and silicification.

Hole OP21-002 was drilled at a steeper dip of - 82° to investigate the halo of magnetic relatively low at the

margin of the magnetic anomaly. The borehole was drilled to 516 m and the steeper drill angle thus

intersected a greater vertical slice of stratigraphy for investigation of the geology . This drill hole encountered

more volcaniclastic rocks presumably the same upper units as OP21-001, with increasingly more silicification

and sulphide mineralization in planar quartz -pyrite veinlets at deeper vertical depth and up to 20 %

disseminated pyrite throughout and in aggregates, at deeper vertical depths.

Image 1. Drill Hole OP21-002 from 355.85-364.31 m - banded, ash tuff, intense silicification, brecciated by quartz veining with

up to 5 % disseminated pyrite and an additional 5 % pyrite replacing quartz-carbonate veins.

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

Image 2. Drill Hole OP21-002 detailed photo of 358.75 m pyrite replacement in quartz veining.

The Drybrough drilling represents pioneer drill holes in an untested blind target magnetic anomaly. The drilling

data (lithology, alteration and mineralization) is being compiled for a hole comparison cross section to

understand the stratigraphy and better target future drilling efforts. TDG is excited to intercept porphyry

associated mineralization and alteration, and has contracted MSA Labs (Langley, B.C.) to perform laboratory

analysis at a faster t urnaround time than average industry wait periods at this time. Subject to TDG’s ongoing

interpretative work and final assay results , TDG believes that the Drybrough target warrants further follow-up

drilling activity.

Qualified Person

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

qualified person as defined by National Instrument 43-101.

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 -

2012, and have over 65,000 m of historical drilling. In 2021, TDG has advanced the projects through

compilation of historical data, new geolo gical mapping, geochemical and geophysical surveys, and, for Shasta,

drill testing of the known mineralization occurrences and their extensions. The Company has entered into a

binding agreement to acquire the Nueva Esperanza silver -gold advanced exploration and development project

located in the Maricunga Belt of northern Chile, subject to closing conditions being satisfied. TDG currently has

70,867,903 common shares issued and outstanding.

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

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 within the meaning of applicable securities laws. The

use of any of the words “ambition”, “es timate”, “concluded”, “offers”, “objective”, “may”, “will”, “should”,

“potential” and similar expressions are intended to identify forward looking statements. In particular, this

news release contains forward looking statements concerning the completion of the Acquisition, the

completion of SR Offering and the Offering, the intended uses of the proceeds of the Offering, regulatory

acceptance of the Acquisition, the SR Offering and the Offering, and the potential development of the Project

and the Company’s existing mineral properties, including the completion of feasibility studies or the making of

production decisions in respect thereof. Although the Company believes that the expectations and

assumptions on which the forward looking statements are based are reasonable, undue reliance should not be

placed on the forward looking statements because the Company cannot give any assurance that they will

prove correct. Since forward looking statements address future events and conditions, they involve inherent

assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due

to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to,

assumptions and risks associated with the completion of other conditions precedent to the Acquisition,

including the receipt of regulatory approvals, the state of equity financing markets, and results of future

exploration activities by the Company. Management has provided the above summary of risks and

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