TDG GOLD Corp. Intercepts 76.71 G/T GOLD and 1,725 G/T Silver 75 Metres from Surface at Shasta, Toodoggone District, 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. INTERCEPTS 76.71 G/T GOLD AND 1,725 G/T SILVER 75 METRES FROM SURFACE AT
SHASTA, TOODOGGONE DISTRICT, B.C.
White Rock, British Columbia, February 02, 2022 . TDG Gold Corp . (TSXV: TDG) (the “Company” or
“TDG”) is pleased to reiterate high grade gold (“Au”) and silver (“Ag”) assays from results received from
SGS Labs Canada (“SGS”). I nternal QA/QC review by TD G, working with Moose Mountain Technical
Services (“ MMTS”), is ongoing and therefore results are still considered preliminary . Drill results
reported so far are from 7 of 5 1 completed diamond drillholes in 2021 at TDG’s 100% owned former
producing high grade gold -silver Shasta mine located in the historical Toodoggone Production Corridor
of north -central B.C. TDG has also reported preliminary results from 3 of 6 historical holes drilled at
Shasta in 2007 that were resampled by TDG in 2021.
A summary of high grade intercepts to date is highlighted below and detailed in Table 1.
• SH21-004: 21.6 g/t Au & 593 g/t Ag over 0.5 m
• SH21-005: 25.22 g/t Au & 1189 g/t Ag over 0.5 m
• SH21-006: 76.71 g/t Au & 1725 g/t Ag over 0.5 m
• SH21-008: 20.8 g/t Au & 582 g/t Ag over 0.5 m
This sample was previously “capped” at 1,000 g/t Ag, pending overlimit analysis.
High grade gold- silver intercepts occur in proximity to the mineralizing structure(s), where intense
silicification, potassic alteration and veining produce a hydrothermal breccia of host rocks. These high
grade ‘pods’ were the focus of historical mining and production efforts and are surrounded by
significant widths of ‘halo’ -style medium to lower grade mineralization, which TDG is incorporating in a
bulk-mining scenario as part of working towards an open -pit NI 43-101 compliant mineral resource
estimate. This mineralization style is characteristic of the low sulphidation epithermal deposits located
within the Toodoggone District.
TDG’s interpretation of results received to date is that the data provide corroborative evidence with the
historical drilling at Shasta and confirms the presence of a mineralized breccia body at Shasta which
extends over 400 metres (“ m”) from north to south at the Creek Zone with the potential for further
mineralization at depth, to the north, south and east towards the JM Zone. Drill results the JM Zone are
still pending along with drillholes testing for potential extension of the mineralization between the
Creek and JM Zones, and also 700 metres to the south of the JM Pit at the Cayley-Rainier Zone.
In 2020-2021, TDG recompiled over 28,000 m of historical drilling at Shasta, which indicated less than
50% of the historical core had been assayed compared to the total length of the drillhole . Historical
efforts were focused on the high grade pods and the material comprising the halo was left un -assayed.
This information was used to target TDG’s 2021 diamond drill program with the aims of validating the
historical drillhole data, and testing ex tensions around the historical workings and mineralized target
zones.
In total, TDG completed 8,048 m of diamond drilling (> 90% oriented core) at Shasta. This amount of
oriented core data collected will enable Company geologists to understand vein/mineralization
orientations and sequence different generations of mineralizing events, to better understand and target
future endeavours. All holes were drilled within the Permitted Mine Area (“ PMA”) and covered
approximately 60% of the known mineralized target zones at Shasta. In 2022, TDG expects to publish an
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
inaugural NI 43-101 Mineral Resource Estimate for Shasta and to continue expanding the gold and silver
mineralized footprint with subsequent drilling on and off the PMA, under a Notice of Work (“ NoW”)
authorization, granted in 2021.
TABLE 1. High grade gold-silver intercepts from previously published diamond drillholes SH21-001 to SH21-008
and SH07-01 to SH07-003.
Drillhole Depth From Depth To Length (m)
Au
(g/t)
Ag
(g/t)
AuEq
(g/t)*
SH21-004 69.0 69.5 0.5 21.60 593 29.01
SH21-004 69.5 70.0 0.5 13.80 641 21.81
SH21-004 71.0 71.5 0.5 11.00 336 15.2
SH21-005 96.5 97.0 0.5 12.00 474 17.93
SH21-005 97.5 98.0 0.5 15.83 851 26.47
SH21-005 98.0 98.5 0.5 25.22 1189 40.08
SH21-006 28.0 28.5 0.5 5.70 558 12.68
SH21-006 51.5 52.0 0.5 13.39 847 23.98
SH21-006 98.5 99.0 0.5 76.71 1725 98.27
SH21-008 66.0 67.0 1.0 15.00 44.5 15.56
SH21-008 68.0 68.5 0.5 8.63 135 10.32
SH21-008 72.0 72.5 0.5 15.50 165 17.56
SH21-008 72.5 73.0 0.5 11.40 218 14.13
SH21-008 75.0 75.5 0.5 20.80 582 28.08
SH21-008 75.5 76.0 0.5 20.40 443 25.94
SH21-008 77.0 77.55 0.55 7.36 384 12.16
SH21-008 83.5 84.0 0.5 5.86 417 11.07
SH21-008 120.7 121.25 0.55 6.36 367 10.95
SH07-01 69.0 70.1 1.1 7.53 329 11.64
SH07-01 82.0 84.0 2.0 7.80 331 11.94
*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.
** Intervals are core -length weighted. True width is estimated between 75 to 95 % of core length, and core recovery is
calculated to be > 95 %
***Calculated composites/intercepts are truncated to 2 significant digits for Au/AuEq and the nearest whole number for Ag.
Previously published results from diamond drillholes SH21 -001 to SH21 -008 and resampled historical
drillholes SH07 -01 to SH07 -003 (see news releases dated January 04, 2022, January 11, 2022 and
January 24, 2022) were preliminary. All were drilled into the Shasta Creek Zone approximately ± 150 m
from the historical Creek Pit. Results from these drillholes have been finalized by SGS’s internal Data
Quality Analysis (DQA) and all subsequent overlimit circuit s are complete. TDG’s internal QAQC is still
underway, waiting for all results from the 51 completed drillholes to be compiled and laboratory
performance verified. Final results will be published on TDG’s website at that time. TDG is currently
awaiting final assay results from 44 of the 51 diamond drillholes drilled at Shasta in 2021, and laboratory
progress has been slowed by an unusual volume of samples submitted and the ongoing COVID-19 global
pandemic. TDG expects to publish more results over the coming weeks.
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
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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 2 , where information about methodology can be found on the SGS
Canada Website, in the analytical guide (here).
TABLE 2. Au and Ag Analytical Methods
Drillhole Prep Method Au Method Ag
Method Au-
Overlimit Method Ag-Overlimit*
SH07-001 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A GO_ICP42Q100
SH21-004 PRP89 GO_FAI50V5 GE_IMS40Q12 GO_FAG50V GO_ICP42Q100
SH21-005 PRP89 GO_FAI50V10 GE_IMS40Q12 GO_FAG37V GO_ICP42Q100
SH21-006* PRP89 GO_FAI50V10 GE_IMS40Q12 N/A GO_ICP42Q100
SH21-008 PRP89 GO_FAI50V5 GE_IMS40Q12 GO_FAG50V GO_ICP42Q100
* Samples returning > 1000 g/t Ag in overlimit method GO_ICP42Q100, utilized a second overlimit method:
GO_FAG37V.
Quality assurance and control (“ QAQC”) is maintained internally at the lab through rigorous use of
internal certified reference materials, blanks, and duplicat es. 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 i nvestigation 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. TD G’s flagship projects are the former
producing, high-grade gold-silver Shasta, Baker and Mets mines, which are all road accessible, produced
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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 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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