TDG GOLD Corp. Identifies Multiple New Targets at Mets, Toodoggone District
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
TDG GOLD CORP. IDENTIFIES MULTIPLE NEW TARGETS AT METS, TOODOGGONE DISTRICT
White Rock, British Columbia, November 14 , 2023 - TDG Gold Corp. (TSXV: TDG) (the “Company” or
“TDG”) is pleased to report the results of the geophysical surveys completed in summer 2023 over TDG’s
100% owned, high -grade gold (“Au”) Mets mining lease, located in the Toodoggone District of north -
central B.C.
Ground Magnetic (“Mag”) and Very Low Frequency Electromagnetic (“VLF”) surveys were completed
covering the entire Mets mining lease. In combination with historical diamond drilling 2,3 results and
geochemical surveys2, the new geophysical data identifies the known high -grade A-Zone at Mets within
an anomalous trend ( Figures 1a and 1b) traced over~ 1,300 metres (“m”). Furthermore, the surveys
provide evidence that limited historical drilling2,3 within this trend appears to have been located too distal
and/or too shallow to intersect the interpreted geophysical anomalies.
TDG’s geophysics has also identified three new target areas1 on Mets where there has been no historical
drilling. In total, TDG has now identified ~3,8 50 m of prospective trends within the Mets mining lease.
Target1 generation will continue over the winter, with the aim of prioritising targets1 for a larger diamond
drill program in 2024 focused on expanding the high-grade Au potential at Mets.
Figure 1. a) Ground Magnetics (Reduced to Pole, 1 st Vertical Derivative, Upward Continued 10 m b) VLF Fraser Filtered additive
21.4, 24.0 & 24.8 kHz Frequencies.
Steven Kramar, TDG’s VP Exploration, commented: “Our geophysical surveys not only successfully
characterized the structure that appears to control the high-grade mineralization within the Mets A-Zone
but also identified several laterally extensive new target areas1 at Mets that have never been drill tested.
The survey data also supports the potential for north and south extensions of the A-Zone, coincident with
historical geochemical and geological data2.”
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
TDG’s 2023 Geophysical Program
Magnetic and Very Low Frequency electromagnetic geophysical surveys are useful tools for identifying
magnetic and conductive geophysical features that can correspond to faults, structures and geological
contacts that may host appreciable precious and/or base metal mineralization. TDG conducted a high -
resolution, property-wide Mag-VLF survey over the Mets min ing lease to characterize the geophysical
signatures of the known high-grade Au mineralization around the A-Zone, and to use that signature as a
tool to explore across the entire Mets property. This new geophysical data is supported by limited
historical surface diamond drilling2,3, trenching2, soil sampling and ~350 m of underground development.
The most prominent feature from the survey is a pronounced multi -kilometer (“km”) long, open ended
Total Magnetic Intensity (“TMI”) low ( Figure 1a ) that is coincident with the A -Zone mineralized area.
District-scale airborne magnetic surveys conducted in the past suggests that this feature is part of a much
more extensive north-northwest magnetic feature trending through and beyond the center of the Mets
prospect - one of several similar features crossing the mining lease. Additionally, linear VLF conductive
features (Figure 1b) have been identified coincident with the major north -northwest magnetic feature
which could be an important orientation to control on mineralized structures. The survey also identified
prominent geophysical anomalies coincident with historical geological 2 and/or geochemical anomalies2.
This has led to a delineation of potential drill target areas1 and a road map for exploration at Mets in 2024.
Existing Target Interpretation
Mets A-Zone (~130 m long)
The high -grade Au mineralization in the A -Zone can be characterized as a prominent TMI low with a
corresponding defined linear VLF conductive zone. The magnetic feature is further supported by
downhole magnetic susceptibility data, collected through the 2023 drill campaign by TDG (news releases
Sept 07, 2023 and Sept 11, 2023 ) demonstrating the highest grades of Au mineralization encountered
relate with downhole magnetic intensity lows.
The results from these methodologies (ground geophysics and drill core analysis) are further supported
by multi-element geochemistry in soils and illustrate the close spatial relationship between magnetic
mineral destruction, alteration, and the epithermal high-grade Au mineralization present at Mets.
South A-Zone Extension (~750 m long)1
The South A-Zone Extension (Figure 1 – South Extension) is defined by coincident strong VLF conductive
feature, part of a multi- km long TMI low and an extensive, linear Au and silver (“Ag”) in soil anomaly 2
(Figures 2a and 2b) directly along strike and to the south of the A-Zone drilling area. A total of five shallow
drillholes2,3 tested a very limited (30 m along strike) portion of this zone approximately 250 m south -
southeast from the main A-Zone area in 1987, several of which intersected veining, alteration and Au-Ag
mineralization. Based on the results of the recent geophysical surveys, historical drilling 2,3 was likely
collared too far west and did not test the most prospective target 1 for higher grade mineralization. This
target has a potential length of over 750 m based on the interpretation of the geochemistry2, geophysical
data and limited drilling2,3 and is a high priority target for further step out drilling.
N75 Zone (~500 m long)1
A ~500 m diameter ovoid TMI high with a corresponding central TMI low occurs northeast of the A-Zone
area (Figure 1 – N75). This feature may represent a former volcanic vent or hydrothermal center. A linear
TMI low on the northeast flank of this feature (Figure 1 – Target Area 1) is along strike of, and coincident
with, a VLF conductive feature very similar to that associated with the A-Zone. Only two holes have been
drilled2,3 into this area and they were not in optimum locations to test the anomalous geophysical
features.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Figure 2. a) Historical Au in soil anomaly (ppb Au) b) Historical Ag in soil anomaly (ppm Ag).
Kramar Zone (375 m long)1
The Kramar Zone (news release Jan 19, 2023) is approximately 500 m by 475 m (Figure 1 – Kramar Zone)
and was underexplored historically. Two historical drillholes2,3 were drilled into the very northern limits of
this anomaly and both intersected broad zones ranging from 50 -100 m of anomalous Au -Ag
mineralization, within the anomalous zone and suggest further drilling on the main portion of the anomaly
is warranted.
New Target Delineation1
Target #1 – Northeast Mets (~650 m long)1
Target 1 is located approximately 500 m northeast of the Mets A -Zone and extends beyond the limits of
the survey grid in this area, having a minimum potential length on Mets of approximately 650 m ( Figure
1 – Target Area 1). This target is defined by a distinctive linear TMI low, strong conductive VLF feature and
corresponds to a linear historical Au and Ag in soils anomaly2 (Figures 2a and 2b). These features are very
similar to the high -grade, drill-defined portion of the A -Zone and there has been no known drilling or
trenching along this target.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Target #2 – North A-Zone Extension (550 m strike length)1
Located approximately 300 m west- northwest of the Mets A -Zone, this feature may represent a faulted
offset of the A-Zone, displaced to the west. This feature extends at least 550 m and consists of a distinctive
linear TMI low ( Figure 1 – Target Area 2 ), strong conductive VLF response, and within a broad soil
anomaly2 (Figures 2a and 2b) connected to the A-Zone. This target had very limited drilling in the northern
flanks, but the area with the strong geophysical response has not been drilled to date.
Target #3 – Mets Southwest (1,000 m strike length)1
This feature lies approximately 400 m southwest of, and is subparallel to, the A -Zone and (Figure 1 –
Target Area 3) consists of a ~1,000 m long, linear TMI high and corresponding low, coincident strong VLF
response and a large Ag-dominant Au-subordinate soil anomaly2 (Figure 2a and 2b). In addition, a 2007
BC Geologic Survey airborne radiometric survey outlines a strong potassium anomaly that could represent
the airborne radiometric response associated with potassium feldspar alteration. This feature has never
been drill tested.
About Mets
TDG’s 100% owned Mets mining lease is located ~ 23 kilometres northwest of TDG’s former producing
Baker mine and mill. In October 2022, the Mets mining lease was extended for 30 years with support from
local communities and a comprehensive table of significant historical intercepts from the A -Zone was
published (news release Oct 19, 2022). In December 2022, TDG published a high -grade gold Exploration
Target Range for Mets based on analysis of the 8,240 m of historical drilling and 2,600 m of historical
trenching in combination with laboratory assay certificates from exploration undertaken in 198 5-1991,
detailed logs and reports from the underground development work completed in 1992, (news release Dec
21, 2022). In September of 2023, TDG published the first modern drill results from the A-Zone, intersecting
high-grade Au mineralization over significant thicknesses (news releases Sept 07, 2023 and Sept 11, 2023).
Qualified Person
The geologically related technical content of this new release has been reviewed and approved by Steven
Kramar, P.Geo., Vice President, Exploration for TDG and a Qualified Person, as defined under National
Instrument 43-101.
1Mineral Exploration/Exploration Target Area(s) : TDG is a mineral exploration focused company and the Company’s Projects
are in the mineral exploration stage only. The degree of risk increases substantially where an issuer’s properties are in the mineral
exploration stage as opposed to the development or operational stage. Exploration targets and/or Exploration zones and/or
Exploration areas are speculative and there is no certainty that any future work or evaluation will lead to the definition of a
mineral resource.
2Historical Data: This news release includes historical information that has been reviewed by TDG’s qualified person (QP). TDG’s
review of the historical records and information reasonably substantiate the validity of the information presented in this ne ws
release; however, TDG cannot directly verify the accuracy of the historical data, including (but not limited to) the procedures used
for sample collection and analysis. Therefore, any conclusions or interpretations borne from use of this data should be considered
too speculative to suggest that additional exploration will result in mineral resource delineation. TDG encourages readers to
exercise appropriate caution when evaluating these data and/or results.
3Historical Drill core Sampling & Assay Methodology: Historical drill core was geologically logged with lithologies identified and
notable geological features recorded. Historical drill core was split in half (and in rare cases sawn in half) along sample intervals
(lithology and mineralization dependant) generally less than 3 m. Chemical analysis was performed dominantly for precious metal
analysis (Au and Ag), and infrequently for base metals (Pb, Zn, Cu), and rarely for major elements and trace elements. Historically,
different commercial laboratories were utilized . These lab facilities may or may not have had accreditation and in all cases
accreditation (if applicable) pre-dated current ISO standards. Over that period, a variety of digestion and assay methods were used,
including atomic absorption, fire assay atomic absorption, aqua regia atomic absorption and aqua regia ICP with varying detection
limits. Reference materials (if any) were inserted at the analytical level and thus were unblind to the facility processing the samples.
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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 tenure 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 and Baker mines, which produced intermittently between 1981-
2012, and the historical high -grade gold Mets developed prospect, all which are all road accessible, and
combined have over 65,000 m of historical 2,3 drilling. The projects have been advanced through
compilation of historical 2 data, new geological mapping, geochemical and geophysical surveys and, at
Shasta, 13,250 m of modern HQ drill testing of the known mineralization occurrences and their potential
extensions. In May 2023, TDG published an updated Mineral Resource Estimate for Shasta (news release
May 01, 2023 ) which remains open at depth and along strike. In January 2023, TDG defined a larger
exploration target area adjacent to Shasta (Greater Shasta- Newberry; news release Jan 25, 2023 ). In
September 2023, TDG published the first modern drill results from the Mets mining lease (news releases
Sept 07, 2023 & Sept 11, 2023).
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.
Forward Looking Statements
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 “potential”, “confirm”,
“identify”, “characterize”, “evidence”, “coincident”, “deduce”, “likely”, “support”, “illustrate”, “demonstrate”,
“correspond”,” indicate”,”associate”,”favour”,”confidence”,”interpret”,”represent”and variations of these words as
well as other similar words or statements that certain events or conditions “could”, “may”, “would” or “will” occur.
Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause
actual events or results to differ materially from estimated or anticipated events or res ults implied or expressed in
such forward -looking statements. Such factors include, among others: the actual results of current and planned
exploration activities; results from future exploration programs including whether extensions to the A -Zone at Mets
will be identified and whether the geophysical and/or geochemical anomalies and other targets represent
mineralization of potential economic interest; that geological and/or geophysical anomalies remain open (in any
direction); conclusions of future economic evaluations; accidents, labour disputes and other risks of the mining
industry; the availability of sufficient funding on terms acceptable to the company to complete the planned work
programs; 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 perfo rmance and accordingly undue reliance should not be put on such statements due to the inherent
uncertainty therein.