TDG GOLD Corp. Identifies 2022 Drill Targets at Its Oxide PEAK Earn-IN Project, Toodoggone, B.c.
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TDG GOLD CORP. IDENTIFIES 2022 DRILL TARGETS AT ITS OXIDE PEAK EARN-IN PROJECT, TOODOGGONE, B.C.
White Rock, British Columbia, April 13, 2022. TDG Gold Corp. (TSXV: TDG) (the “Company” or “TDG”) is pleased to
provide an overview of its 2022 plans for its Oxide Peak earn-in project (“Oxide Peak”) in the Toodoggone District,
B.C. Oxide Peak is contiguous to the north of TDG’s 100 % owned former producing Baker-Shasta gold -silver
project (Figure 1). The project was added to TDG’s portfolio of Toodoggone assets in 2019 (see TDG news release
December 23, 2019) through an option and joint venture agreement signed with ArcWest Exploration Inc. Completion
of the proposed exploration activities in 2022 will result in TDG achieving 60 % ownership of Oxide Peak. Oxide Peak
has a valid work authorization (three-year Multi-Year Area Based) Notice of Work (“NoW”) and is fully permitted
for TDG’s proposed 2022 exploration activities.
Figure 1. Location of the Oxide Peak Project, Toodoggone District, B.C.
In 2020, TDG completed an airborne magnetic survey over the Oxide Peak property consisting of two survey blocks,
which provide 84 square kilometres (“km”) of coverage at 100 metre (“m”) line spacing. Ground survey work was
also completed, includin g soil geochemistry and a ground Induced Polarization (“ IP”) survey. During the 2021
exploration season, TDG completed airborne geophysics, Light Detection and Ranging (“LiDAR”) / Orthophoto and
small-scale geological mapping focused on the Drybrough target area (“Drybrough”) located adjacent to Baker and
leading to 1,029 m of diamond drilling at Drybrough completed in December 2021.
Oxide Creek – 2022 Target #1
Oxide Creek is a porphyry-style target located at the northern portion of the Oxide Peak mineral tenure. The target
appears to be hosted by a multiphase intrusion, which cores an extensive zone of quartz- sericite-pyrite (“QSP”)
and advanced argillic alteration. Magmatic -hydrothermal breccias with quartz- magnatite-chalcopyrite veins and
relict potassic alteration outcrop at Oxide Creek. A potassic altered copper-gold (“Cu-Au”) mineralized centre may
exist at relatively shallow depths with the potential for C u-Au grades to improve with depth and potassium
alteration intensity. The target has been identified by coincident soil geochemistry, alteration/geological mapping
and geophysical expression (Figures 2 & 3). A detailed high-resolution ground magnetic survey is planned as an
TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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initial follow-up on 50 m spaced survey lines (Figure 4), which will aid in refining the final drill target location, to be
executed in 2022. Oxide Creek has never been drill tested, to date.
Figure 2. Location of Oxide Creek Target Over Copper Soil
Geochemistry, IP Chargeability Anomaly.
Figure 3. Location of Oxide Creek Target Over Gold Soil
Geochemistry, IP Chargeability Anomaly.
Figure 4. Location of Oxide Creek Target with Planned 2022 High-Resolution Magnetic Survey.
TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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Drybrough – 2022 Target #2
The Drybrough porphyry copper (“Cu”) and gold (“Au”) target is a conceptual geophysical target identified in 2021
centered on a magnetic high about 1 km across (see TDG News Release, November 16, 2021 ). This magnetic
feature is flanked by surface gossans originally mapped by Dupont Canada in the 1980s. Two drillholes were
completed during the 2021 field season at Drybrough , for a total of 1,029 m drilled (Figure 5 & Table 1) . Both
drillholes intersected a sequence of volcanic and volcaniclastic rocks (ash tuff, crystal tuffs and lithic tuffs)
intercalated with fine sedimentary horizons. Alteration was generally quartz -chlorite, with localized zones of
variable intensity hematite and potassic alteration. Fine -grained pyrite was ubiquitous through the drill
intersections with trace quartz -carbonate veins/veinlets containing increased pyrite concentrations. Both
drillholes intersected anomalous silver (“Ag”), which increased with depth along with certain pathfinder elements.
OXP21-01 (-60°) intersected 4.11 grams/tonne (“g/t”) Ag over 3.36 m at the end of the drillhole (510 m downhole
depth) in coarse -grained sericite-chlorite altered lithic tuff with up to 10 % pyrite, increasing downhole in an
interval of increasing small gouge filled faults.
Full multi-element analysis was undertaken on the drill core assays, which TDG is continuing to review as part of
targeting for the next phase of drilling at Oxide Peak in 2022.
Figure 5. Oxide Peak Property – Drybrough 2021 Drillhole Locations.
Table 1. 2021 Oxide Peak Drillhole Particulars.
HOLE UTME (NAD83) UTMN (NAD83) Azimuth (°) Dip (°) Final Depth (m)
OXP21-01 615608 6352494 300 -60 513
OXP21-02 615608 6352494 300 -80 516
TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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Additional Target Areas
Multiple additional Cu-Au exploration targets exist throughout the property (Figure 6), all of which are untested
by diamond drilling. These include large, variably Cu-Au mineralized gossans at the Gordonia, Falcon and Saunders
Creek, where grab samples have returned assays from below detection limit to up to 46.1 g/t Au. Stream sediment
samples collected from the Saunders target area have returned assays from below detection limit to in excess of
10,000 parts per billion (“ppb”) Au. This Au anomaly has yet to be traced to source, and will be a high priority follow
up area in 2022.
Figure 6. Oxide Peak Property – 2022 Target Areas.
TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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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 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.
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 advanced the projects through compilation of historical data, new
geological mapping, geochemical and geo physical surveys, and, for Shasta, drill testing of the known
mineralization occurrences and their extensions. TDG currently has 96,343,142 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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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.
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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
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due to the inherent uncertainty therein.