TDG GOLD Corp. Intercepts 21.66 Metres of 2.62 G/T GOLD and 75 G/T Silver at Shasta, Toodoggone District, B.c.
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TDG Gold Corp.
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TDG GOLD CORP. INTERCEPTS 21.66 METRES OF 2.62 G/T GOLD AND 75 G/T SILVER AT SHASTA,
TOODOGGONE DISTRICT, B.C.
White Rock, British Columbia, March 09, 2022. TDG Gold Corp. (TSXV: TDG) (the “Company” or “TDG”)
is pleased to report results from seven ( 7) diamond drillholes completed within the Creek and JM Zones
at TDG’s former producing Shasta gold-silver (“Au-Ag”) project in the Toodoggone District, B.C.
DDH SH21-025 intersected: 73.66 metres (“m”) of 1.06 grams per tonne (“g/t”) Au and 29 g/t
Ag from 60.8 m depth; including, 21.66 m of 2.62 g/t Au and 75 g/t Ag [3.56 g/t AuEq*]
Other key intercepts are summarised in Table 1 and include SH21-017 which intercepted 58.9 m of 0.70
g/t Au and 39 g/t Ag [1.18 g/t AuEq *] from 35.4 m depth. Cross sections are provided in Figures 2-4 of
this news release.
Assay results were received from SGS Labs Canada (“SGS”). Internal QA/QC review by TDG, working with
Moose Mountain Technical Services (“ MMTS”), is ongoing and therefore results are still considered
preliminary.
Image 1. Shasta drillhole SH21-025; mineralization encountered grading 5.61 g/t Au and 196 g/t Ag over 1.5 m
from 67.5 m to 69.0 m depth.
The drillholes encountering the high -grade mineralization are within a package of volcanic dominantly
crystal, subordinately ash tuffs, with increasing quartz/carbonate vein density approaching the high -
grade intercepts, where multi-generation vein density increases and complete hydrothermal brecciation
occurs. Mineralization is quartz/carbonate veins and veinlets carrying visible sulphides of pyrite, and
appreciable acanthite (silvery veins, bottom of Image 1).
Steven Kramar, TDG’s Senior Geologist and B.C. Program Lead, commented : “A conceptual pit was
created using historical data to outline a mining scenario and to guide the 2021 drilling. The results of
seven drill holes published today have demonstrated that there is mineralized material below the
conceptual pit, and the Shasta system is deeper than historical drilling tested. This is important as it
presents the opportunity that the mineralized footprint at Shasta is larger than anticipated.”
TDG’s February 22, 2022, news release (available here) demonstrated continuity of mineralization across
and between the two main mineralized target zones at Shasta. The assay results from the 7 drillholes
contained within this news rel ease show that the continuity of mineralization between the zones
continues northwards within these zones and, furthermore, underlines TDG’s concept that the main
zones at Shasta represent a “homogeneous mineralized body” in addition to discrete, structura lly
controlled pods of gold-silver mineralization.
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Figure 1. Plan Map of the JM and Creek Zones.
Table 1. Significant Results from the 2021 Drilling within and across the Creek and JM Zones.
Hole Section From To Length Au Ag AuEq*
(m) (m) (m) (g/t) (g/t) (g/t)
SH21-013 5186662 75.0 83.0 8.0 0.43 23 0.72
and 103.0 109.0 6.0 1.01 11 1.15
SH21-016 5186662 55.7 129.6 74.0 0.49 8 0.59
and 146.0 154.6 8.6 0.67 1 0.69
SH21-017 5186662 35.2 94.0 58.9 0.70 39 1.18
and 109.5 132.0 22.5 0.42 20 0.66
SH21-021 5186712 18.5 162.4 143.9 0.33 10 0.45
incl 37.5 50.3 12.8 0.46 11 0.60
incl 61.0 62.5 1.5 3.78 161 5.79
incl 71.5 81.0 9.5 0.38 10 0.51
incl 94.5 102.0 7.5 0.86 33 1.28
incl 134.5 145.0 10.5 0.80 15 0.99
SH21-023 5186712 15.0 104.0 89.0 0.27 9 0.38
incl 15.0 23.5 8.5 0.29 17 0.51
incl 35.3 80.0 44.8 0.38 9 0.50
incl 55.0 59.3 4.3 1.74 33 2.15
SH21-025 5186662 60.84 134.5 73.66 1.06 29 1.43
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Hole Section From To Length Au Ag AuEq*
(m) (m) (m) (g/t) (g/t) (g/t)
incl 60.84 82.5 21.66 2.62 75 3.56
SH21-028B 6347540 68 140.16 72.16 0.20 10 0.32
incl 68 90.7 22.7 0.30 19 0.54
incl 118.05 140.16 22.11 0.22 7 0.30
*Gold equivalent (AuEq) is used for illustrative purposes, to express the combined value of Au and Ag as a percentage of Au. Calculations are
uncut and no allowances have been made to accommodate potential recovery losses that would occur in a mining scenario. AuEq is calculated
using 80:1 silver to gold ratio. Composite results were built using a 0.1 g/t AuEq cut-off, although there are intervals within the composites
below 0.1g/t AuEq.
** Intervals are core-length weighted. True width is estimated between 75 to 95 % of core length, and core recovery is calculated to be > 90 %.
***Calculated composites are truncated to significant 2 digits for Au/AuEq and the nearest whole number for Ag.
Significant intercepts from historical holes adjacent to 2021 drillholes are presented in Table 2.
Table 2. Significant Historical Results from the JM to Shasta Target Zone.
Drillhole % From To Length Au Ag AuEq**
Assayed* (m) (m) (m) (g/t) (g/t) (g/t)
SH84-01 51 9.3 47.5 38.2 0.87 46 1.45
SH84-16 N/A (Hole Mostly Off of Cross Section)
SH84-17 N/A (Hole Mostly Off of Cross Section)
SH87-10 69 14.2 84.0 69.8 0.74 39 1.22
SH87-21 78 55.6 79.9 24.3 0.64 15 0.83
SH88-04 41 59.6 67.9 8.3 0.48 9 0.60
SH88-16 N/A (Hole Mostly Off of Cross Section)
SH89-37 N/A (Hole Mostly Off of Cross Section)
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
incl 56.0 67.0 11.0 0.85 42 1.37
SH89-40 43 71.0 108.0 37.0 1.84 106 3.16
SH89-44 54 121.7 131.2 9.5 1.22 42 1.75
SH90-10 44 117.0 118.0 1.0 0.64 2 0.67
SH90-22 20 142.6 146.5 3.9 0.87 24 1.17
SH90-24 25 130.5 142.5 12.0 1.72 19 1.96
SH91-07 19 82.0 99.4 17.4 0.97 37 1.44
and 113.1 119.5 6.4 0.75 17 0.96
SH91-08 16 81.4 96.3 14.9 2.28 91 3.41
SH91-09 12 78.3 79.9 1.5 1.09 45 1.66
and 84.4 88.7 4.3 0.68 31 1.06
SH91-10 16 19.1 26.7 7.6 0.38 26 0.70
SH91-12 17 46.3 63.1 16.8 0.51 18 0.73
SH91-13 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 length
**Gold equivalent (AuEq) is used for illustrative purposes, to express the combined value of Au and Ag as a percentage of Au. Calculations are
uncut and no allowances have been made to accommodate potential recovery losses that would occur in a mining scenario. AuEq is calculated
using 80:1 silver to gold ratio. Composite results were built using a 0.1 g/t AuEq cut-off, although there are intervals within the composites
below 0.1g/t AuEq.
*** Intervals are core-length weighted. True width and core recovery is calculated is
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TDG Gold Corp.
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unknown.
****Calculated composites are truncated to significant 2 digits for Au/AuEq and the nearest whole
number for Ag.
Figure 2. Section 5186712, Drillholes SH21-021 & SH21-023.
*Most Northern Section Displayed on Figure 1
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Figure 3. Section 6347540, Drillhole SH21-028B.
*Central Section Displayed on Figure 1
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Figure 4. Section 5186662, Drillholes SH21-013, SH21-016, SH21-017 & SH21-025.
*Most Southern Section Displayed on Figure 1
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All 2021 drill holes were HQ sized drill cores. Particulars for drillholes (location, depth, etc.) are
presented in Table 3.
Table 3. 2021 Drillhole Particulars.
HOLE UTME
(NAD83) UTMN (NAD83) Azimuth(°) Dip(°) Final Depth (m)
SH21-013 621,019 6,347,549 270 -60 116
SH21-016 621,019 6,347,549 270 -70 227
SH21-017 621,019 6,347,549 240 -45 133
SH21-021 620,990 6,347,595 240 -45 152
SH21-023 620,990 6,347,595 240 -70 210
SH21-025 620,867 6,347,495 90 -57 176
SH21-028B 620,850 6,347,530 90 -58 145
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. The 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 delivere d
directly from the Baker Mine site, to Bandstra Transportation Systems in Prince George, B.C., and
ultimately to the SGS laboratory in Burnaby, B.C. Samples were prepared and 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.
Drillhole Prep Method Au Method Ag Method Au-Overlimit Method Ag-Overlimit
SH21-013 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A N/A
SH21-016 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A GO_FAG37V
SH21-017 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A GO_FAG37V
SH21-021 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A N/A
SH21-023 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A N/A
SH21-025 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A GO_FAG37V
SH21-028B PRP89 GO_FAI50V10 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 materi als (“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 TDG’s comprehensive QAQC
investigations.
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TDG Gold Corp.
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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 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. Further data review is underway, in
order to verify the validity o f 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 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
geophysical surveys, and, for Shasta, drill testing of the known mineralizat ion 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]
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 such 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 unknown 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; conc lusions 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 appro vals or financing; and