TDG GOLD Corp. Drill S 95.5 Metres of 1.35 G/T GOLD Equivalent North of Shast a Creek Zone, Shasta MINE, 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 95.5 METRES OF 1.35 G/T GOLD EQUIVALENT NORTH OF SHAST A CREEK ZONE,
SHASTA MINE, TOODOGGONE, B.C.
White Rock, British Columbia, January 24, 2022. TDG Gold Corp. (TSXV: TDG) (the “Company” or “TDG”) is
pleased to announce the results of diamond drillhole SH21 -006 from its 2021 drill program at TDG's former
producing high -grade gold -silver Shasta Mine located in the historical Toodoggone Production Corridor of
north-central B.C. Highlights include 95.5 metres ("m") of 0.98 grams per tonne ("g/t") gold ("Au") and 29 g/t
silver ("Ag") [1.35 g/t AuEq*] from 27.5-123.0 m depth (see Table 1).
As with TDG's recently published drillholes from the 2021 Shasta drill program (see TDG news releases January
04, 2022 and January 11, 2022), drillhole SH21-006 demonstrates continuity of grade and mineralization along
with confirmation of grades of the surrounding historical holes and validation of the expected dimensions of
mineralized zone in that section of Shasta (Figure 1). An oblique cross-section is presented in this news release
that spans the Creek, JM and Upper Creek Zones (Figure 3).
Drillhole SH21-006 represents the most northerly hole drilled at the Shasta Creek Zone target in the 2021 drill
program and spanned the northern portion of the Creek Zone across to the northern portion of JM Zone. The
drillhole trace started approximately 150 m north of the Creek Pit and ending approximately 300 m north of
the JM Pit (Figure 1). The purpose of SH21 -006 was to step out to the north of 2021 drilling and infill between
historical drillholes, including SH89 -40, SH89 -41, SH89 -55 and SH89 -56 ( et al.), highlights from which
include 37.0 m of 1.84 g/t Au and 106 g/t Ag [3.16 g/t AuEq*] in SH89-40; and 12.3 m of 1.60 g/t Au and 120
g/t Ag [3.10 g/t AuEq*] in SH89-55 (see Table 2 for historical drillhole highlights).
Table 1. Significant Results from Hole SH21-006.
Hole From To Length Au Ag AuEq*
(m) (m) (m) (g/t) (g/t) (g/t)
SH21-006 27.5 123 95.5 0.98 29 1.35
*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.
Drillhole SH21-006 intersected variably silicified, potassic-altered volcaniclastic rocks below the Shasta Fault (at
17.4 m) that carried a mineralized assemblage of dominantly pyrite and acanthite associated with quartz -
carbonate veins, composite vein sets and breccias. Sulphide mineralization was identified as disseminated
throughout and vein -vein selvage hosted Figure 2 presents the style and grade of typical mineralization
encountered.
The northern portions of the Creek, JM and Upper Creek Zones represent areas for potential expansion of the
Mineralized Target Zone at Shasta because historical drill holes in the vicinity neglected to sample near surface
intervals and instead focused on visually identifying higher grades for assay in concert with typical cut -off
grades at the time of mining (~ > 5 g/t Au). With further drilling, this area ( Figure 1, and identified in Figure 3)
has the opportunity to add minable tonnage to a Shasta resource (if defined) and decrease strip ratio in the
vicinity as the closest historical underground workings are over 100 m to the west.
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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 Target Zone/JM Target Zone (Hole SH21-006).
Figure 2. Shasta drillhole SH21-006; mineralization encountered grading 1.46 Au g/t, 69 g/t Ag [2.32 g/t AuEq*] from 43.5
m to 46.5 m depth.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Figure 3. Oblique Cross Section of Shasta Creek/JM/Upper Creek Target Zone(s) (Hole SH21-006, and historical holes
adjacent to 2021 drilling).
Table 2. Significant Results from Historical Holes Adjacent to SH21-006.
Hole % From To Length Au Ag AuEq**
Assayed* (m) (m) (m) (g/t) (g/t) (g/t)
SH84-016 0 N/A N/A N/A N/A N/A N/A
SH89-038 46 10.8 16.1 5.3 1.18 48 1.78
and 188.8 191.8 3.0 0.62 25 0.93
and 195.7 197.8 2.1 1.21 17 1.42
SH89-039 62 33.6 77.0 43.4 0.42 26 0.74
including 56.0 67.0 11.0 0.85 42 1.37
SH89-040 44 71.0 108.0 37.0 1.84 106 3.16
SH89-041 45 81.0 88.0 7.0 1.66 94 2.84
and 103.5 117.5 14.0 1.30 18 1.52
and 155.0 156.0 1.0 2.56 108 3.91
SH89-044 54 121.7 131.2 9.5 1.22 42 1.75
SH89-045 42 109.6 138.7 29.1 0.77 37 1.23
SH89-055 42 92.7 105.0 12.3 1.60 120 3.10
and 116.8 138.4 21.6 0.54 25 0.86
SH89-056 53 62.2 69.2 7.0 1.16 13 1.32
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
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and 116.7 125.2 8.5 0.90 41 1.42
SH89-057 41 57.4 66.4 9.0 0.73 34 1.16
and 91.9 103.0 11.1 2.96 26 3.28
and 112.0 122.9 10.9 1.86 39 2.34
SH91-011 3 41.8 44.8 3.1 0.10 6 0.18
SH91-012 17 46.3 55.6 9.3 0.83 28 1.17
SH91-013 19 35.4 40.1 4.7 0.62 46 1.19
and 54.0 57.0 3.1 2.12 123 3.66
* "% Assayed" is the assayed portion of the drillhole in the historical database, compared to total drilled length
**Gold equivalent (AuEq) calculated using 80:1 silver to gold ratio.
** Intervals are core-length weighted. True width from historical core is unknown.
All 2021 drill holes are HQ sized drill cores. Particulars for drill holes (location, depth, etc. ) are presented in
Table 3. Assay results for remaining 2021 drillholes are still pending at this time.
Table 3. Drillhole particulars.
HOLE UTME
(NAD83)
UTMN (NAD83) Azimuth(°) Dip(°) Final Depth (m)
SH21-006 620,892 6,347590 60 -50 179
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 site,
to Bandstra Transportation Systems in Prince George, B.C., and ultimately to SGS laboratory Burnaby, B.C. 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
BBM21-13364 SH21-06 GO_FAI50V10 GE_IMS40Q12 N/A GO_ICP42Q100
BBM21-13365 SH21-06 GO_FAI50V10 GE_IMS40Q12 N/A N/A
BBM21-13366* SH21-06 GO_FAI50V10 GE_IMS40Q12 N/A GO_ICP42Q100
BBM21-13367 SH21-06 GO_FAI50V10 GE_IMS40Q12 N/A N/A
BBM21-13627 SH21-06 GO_FAI50V10 GE_IMS40Q12 N/A N/A
BBM21-13628 SH21-06 GO_FAI50V10 GE_IMS40Q12 N/A N/A
* Sample C00126417 returned > 1000 g/t Ag in over limit method GO_ICP42Q100, and is currently pending a
second over limit using method GO_FAG37V. For purposes of this News Release, Sample C00126417 has been
capped at 1000 g/t Ag, and is reflected in any calculations for composite interval purposes .
Quality assurance and control (“ QAQC”) is maintained internally at the lab through rigorous use of internal
certified reference materials, blan ks, 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
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
were blindly inserted into the sample batch. If a QAQC sample returns an unaccep table 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 TDG’s comprehensive QAQC investigations.
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 news 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. F urther 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 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 Me ts 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 geophy sical 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]
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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”,
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known and unknown risks, uncertainties and other factors that could cause actual eve nts 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
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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
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not guarantees of future performance and accordingly undue reliance should not be put on such statements
due to the inherent uncertainty therein.