TDG GOLD Corp. Drill S 38.0 Metres of 3.04 G/T GOLD and 101 G/T Silver at Shasta Creek North, Toodoggone, 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. DRILL S 38.0 METRES OF 3.04 G/T GOLD AND 101 G/T SILVER AT SHASTA CREEK NORTH,
TOODOGGONE, B.C.
White Rock, British Columbia, January 11, 2022. TDG Gold Corp. (TSXV: TDG) (the “Company” or “TDG”) is
pleased to announce drill results from drillholes SH21 -007 and SH21-008 from its 2021 diamond drill program
with both holes drilled approximately 150 metres (“m”) north of the historical Shasta Creek Zone open pit. Drill
intercepts include 38.0 m of 3.04 grams per t onne (“g/t”) gold (“Au”) with 101 g/t silver (“Ag”) [ 4.30 g/t
AuEq*] in drillhole SH21 -008. Assay results were received directly from SGS Canada Inc. (“SGS”) from TDG’s
Shasta project which is located in the Toodoggone District of north -central B.C. Results have been received
directly from SGS Canada Inc. (“SGS”) and whilst SGS has completed its QA/QC protocols for these results, a
comprehensive internal Data Quality Analysis (“DQA”) by TDG is still underway with subsequent assay re sults
from the Shasta project still pending. Therefore , the results for the purposes of this news release are still
considered preliminary.
The northern section of TDG’s Shasta project consists of the northerly portions of the Creek and JM Zones and
also the Upper Creek Zone. Collectively, these zones at Shasta represent an opportunity to explore and
evaluate the continuity and grade of the historical ore body in an area that was under -explored. The 2021
drilling in this area was designed to step west from the Shasta F ault, test underneath the historical mine
workings and confirm the grade of mineralization reported from historical results as part of data validation in
anticipation of the Mineral Resource Estimate work und erway by Moose Mountain Technical Services. Results
presented here are for SH21-007 and SH21-008 (Table 1).
Table 1. Significant Results from Holes SH21-007 & SH21-008.
Hole From To Length Au Ag AuEq*
(m) (m) (m) (g/t) (g/t) (g/t)
SH21-07 67.6 106.0 38.4 0.71 32 1.11
SH21-08 66.0 104.0 38.0 3.04 101 4.30
including 72.0 79.0 7.0 7.90 220 10.64
SH21-08 116.0 126.0 10.0 0.82 34 1.25
*Gold equivalent (“AuEq”) calculated using 80:1 silver to gold ratio.
** Intervals are core-length weighted. True width is estimated between 75 to 95 % of core length.
Historically, drilling and mining was concentrated adjacent to the Shasta Fault, and the entirety of core was not
sent for assay analysis. Holes drilled in 2021 within the northern section of the Shasta project consisted of infill
drilling between historical holes and to test continuity of mineralization to the north (Figure 1) . Select
historical results are presented in Table 2 and a cross -section in Figure 2. Results are still pending for 2021
drillholes SH21 -006, SH21 -013, SH21- 017, SH21 -019, SH21 -021 and SH21 -023; and also for re -assays of the
2007 drillholes SH07-13, SH07-14 and SH07-15.
SH21-007 and SH21-008 both intersected the Shasta Fault at the predi cted depth. As reported in TDG’s news
release of September 28, 2021 (see h ere), the footwall to the fault encountered a broad zone of silicified
volcaniclastics with stockwork quartz veining, strong pervasive potassic alteration with a sulphide assemblage
comprised of pyrite, chalcopyrite and acanthite, a package of host rocks, mineralization and alteration ty pical
of the Shasta mineralization seen in historical holes.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Figure 1. Plan view of the northern Shasta Creek Zone (Holes SH21-007 & SH21-008).
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Table 2. Significant Results from Historical Holes Adjacent to SH21-007 & SH21-008.
Hole From To Length Au Ag AuEq**
(m) (m) (m) (g/t) (g/t) (g/t)
SH89-040 71.0 108.0 37.0 1.84 106 3.16
SH89-045 109.6 138.7 29.1 0.77 37 1.23
SH89-039 56.0 67.0 11.0 0.85 42 1.37
SH91-011* 41.8 44.8 3.1 0.10 6 0.18
SH91-012* 46.3 63.1 16.8 0.51 18 0.73
SH87-010 14.2 84.0 69.8 0.74 39 1.22
*The only assayed core.
**Gold equivalent (“AuEq”) calculated using 80:1 silver to gold ratio.
** Intervals are core-length weighted. True width from historical core is unknown.
Figure 2. Cross-section of 6,347,550 N (Holes SH21-007 & SH21-008).
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
All 2021 drill holes are HQ sized drill cores. Particulars for drill holes (location, depth, etc.) are presented in
Table 3. The geology of the 2021 drill holes described in TDG’s September 28, 2021 news release (here).
Assay results for remaining 2021 drillholes and 2007 re-assays are still pending at this time.
Note, in TDG’s September 28, 2021 news release, drillholes SH21-007 and SH21-008 were mis-plotted, which
has been corrected in this news release. This error does not materially change the content of either news
release.
Table 3. Drillhole particulars.
HOLE UTME (NAD83) UTMN (NAD83) Azimuth(°) Dip(°) Final Depth (m)
SH21-007 620,855 6,347,565 90 -60 151
SH21-008 620,855 6,347,565 60 -60 204
QA/QC
Samples for the Shasta 2021 drill program followed chain of custody between collection, processing and
delivery to an SGS laboratory in Burnaby, B.C. The drill cores were delivered to the core shack at TDG’s Baker
Mine site, and processed by geologists who inserted certified reference materials, blanks and duplicates (pulp
and coarse) into the sampling sequence. 2021 Drill core was cut in half (1/2 HQ core) and placed in zip -tied
polyurethane bags, then in security -sealed rice bags before being delivered directly from the Baker Mine , to
Bandstra Transportation Systems in Prince George , B.C., and ultimately to SGS laboratory Burnaby, B.C. 2007
drill core was split (mechanically). Core samples were prepared for analysis according to SGS method PRP89:
dry samples to 105°C, crush to 75 % passing 2 mm, split 250 g, pulverize 85 % passing 75 microns.
Samples were analyzed following procedures summarized in Table 4 , where information about methodology
can be found on the SGS Canada Website, in the analytical guide (here).
Table 4. Au and Ag Analytical Methods.
Certificate Hole Method Au Method Ag Method Au-Overlimit Method Ag-Overlimit
BBM21-13116 SH21-07 GO_FAI50V10 GE_IMS40Q12 N/A GO_FAG37V
BBM21-13135 SH21-07 GO_FAI50V10 GE_IMS40Q12 N/A N/A
BBM21-12566 SH21-08 GE_FAI50V5 GE_IMS40Q12 GO_FAG50V GO_ICP42Q100
BBM21-12567 SH21-08 GE_FAI50V5 GE_IMS40Q12 N/A GO_ICP42Q100
BBM21-12578 SH21-08 GE_FAI50V5 GE_IMS40Q12 N/A N/A
Quality assurance and control (“ QAQC”) is maintained internally at the lab through rigorous use of internal
certified reference materials, blanks, and duplicates. An additional QAQC program was administered by TDG
Gold through the use of certified reference materials (“CRMs”), duplicate samples and blank samples that
were blindly inserted into the sample batch. If a QAQC sample returns an unacceptable value an investigation
into the results is triggered and when deemed necessary, the samples that were tested in the batch with the
failed QAQC sample are re -tested. For the purposes of this press release, results are ‘ preliminary’ and thus
have not undergone SGS internal QAQC or TDG’s DQA investigations.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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.
This news release includes historical drilling information that has been reviewed by the Company’s
geological team. The Company’s review of the historical records and information reasonably
substantiate the validity of the information presented in this new s release; however, the Company
cannot directly verify the accuracy of the historical data, including the procedures used for sample
collection and analysis. Therefore, the Company encourages investors to exercise appropriate caution
when evaluating these results. Further data review is underway, in order to verify the validity of the
data for the anticipated NI 43 -101 compliant mineral resource estimate.
About TDG Gold Corp.
TDG is a major mineral claim holder in the historical Toodoggone Production Corrid or 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, Bak er 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 geological 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
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 s uch as “plan”, “expect”,
“project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or
statements that certain events or conditions “may” or “will” occur. Such forward- looking statements involve
known and unknow n 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; 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 o nly as of the date on which it is made and, except as may be required by applicable
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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.