TDG GOLD Corp. Intersects 194 Metres of 1.10 G/T GOLD and 25 G/T Silver Across the Creek and Jm Zones, Shasta Project, 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. INTERSECTS 194 METRES OF 1.10 G/T GOLD AND 25 G/T SILVER ACROSS THE CREEK
AND JM ZONES, SHASTA PROJECT, TOODOGGONE DISTRICT, B.C.
White Rock, British Columbia, February 22 , 2022. TDG Gold Corp. (TSXV: TDG) (the “Company” or
“TDG”) is pleased to report a 194 metre (“m”) drill intercept (Figure 1) of 1.10 grams per tonne (“g/t”)
gold (“Au”) and 25 g/t silver (“ Ag”) [1.41 g/t AuEq*] spanning the JM and Creek Zones (Figure 2) at
TDG’s former producing Shasta project in the Toodoggone District, B.C.
DDH SH21-026 intersected: 194 m of 1.10 g/t Au and 25 g/t Ag from 33.5 m depth
Figure 1. Schematic cross-section of drillhole SH21-026 displaying continuity of downhole
mineralization including mineralized material before and after the main composite of 194 m.
*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 calculate d 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.
This figure is for illustrative purposes
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
“These assay results from drillhole 26 of our 2021 exploration program at Shasta are very important
because they confirm continuity of mineralization between the two mineralized zones (Figure 2 ) that
were historically mined on a small scale ,” commented Steven Kramar, TDG’s BC Program Lead/Senior
Geologist.
Figure 2. Plan view of the JM and Creek Zone(s).
“Our exploration concept at Shasta from the outset was that significant widths of medium to lower
grade gold and silver mineralization, hosted in breccia and stockwork, occur as halos contiguous to the
higher-grade pods and veins.
The depth from surface perpendicular to the end of hole 26 is approximately 170 m to 175 m vertical,
which makes this one of the deepest holes ever drilled at Shasta. It’s still early days for us at Shasta, but
we’re very pleased and excited by what we’ve seen and learned so far, as we look to define a potentially
bulk mineable gold and silver deposit.”
Other key intercepts in the 2021 drilling within the cross-section window are summarised in Table 1 and
presented on cross -section, along drillhole SH21 -026; Figure 3. A complete assay table of results for
drillhole SH21-026 can also be viewed on the TDG Gold Corp. website (link).
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Figure 3. Cross-section of JM/Creek Zone(s). This section displays adjacent drillholes 10 m in front and
behind drillhole SH21-026 along section line.
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.
Drillhole SH21 -026 intersected variably silicified, potassic -altered plagioclase phyric crystal tuffs and
lithic tuffs. Quartz/quartz carbonate veining was variable : from sparse parallel vein sets, multi-
generational cross cutting composite veining to complete hydrothermal brecciation. Generally, intensity
of quartz veining is indicative of higher concentrations of mineralization, but is not always the case. The
dominant sulphide assemblage is pyrite and vein hosted acanthite. Photo 1 presents an example of vein
style and mineralization; in this case, higher concentrations of precious metals correlate to intensity of
quartz veining/brecciation (from 56 m to 57.5 m; 3.91 g/t Au & 251 g/t Ag).
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Photo 1. Mineralization encountered in drillhole SH21-026 from 51.81 – 58.08 m; calculated composite
(absolute, no cut off) through 53.1 m – 57.5 m (4.4 m) 1.63 g/t Au, 102.7 g/t Ag, 2.91 g/t AuEq*.
Drillhole SH21-026 was planned to twin historical hole SH87 -23 and also to confirm mineralization past
the final depth of SH87-23 across the width of the deposit westerly from the JM Zone to the Creek Zone
into the Shasta Fault. The drillhole intersected a long, broad width of mineralization throughout the
whole section of the conceptual pit (defined by historical data), including some low-grade mineralization
after the Shasta Fault (on the hanging wall side) at approximately 267 m downhole.
Table 1. Significant Results from the 2021 Drilling in the JM/Creek Zone(s) SH21-026 Section.
Drillhole From To Length Au Ag AuEq*
(m) (m) (m) (g/t) (g/t) (g/t)
SH21-025 60.8 134.5 73.7 1.06 29 1.43
incl 67.5 79.5 12.0 3.42 93 4.57
incl 126.0 134.5 8.5 0.95 13 1.11
SH21-026 33.5 227.5 194.0 1.10 25 1.41
incl 122.6 142.0 19.4 2.03 41 2.55
incl 124.0 125.5 1.5 21.31 359 25.80
incl 214.0 223.0 9.0 8.40 25 8.72
incl 217.0 218.5 1.5 39.63 53 40.29
*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 calculate d 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 l ength, 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 SH21-026 are presented in Table 2 . All 2021
drillholes were HQ sized drill core; historical core are NQ/BQ core size. Particulars for 2021 drillholes
(location, depth, etc.) are presented in Table 3.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Table 2. Significant Historical Results from the JM to Creek Zone.
Hole % From To Length Au Ag AuEq**
Assayed* (m) (m) (m) (g/t) (g/t) (g/t)
SH83-07 66 20.0 57.3 37.3 1.2 44.3 1.70
SH87-11 72 61.4 92.3 30.9 1.83 106 3.16
SH87-23 92 32.9 88.7 55.8 0.86 36 1.32
SH88-04 42 8.6 9.2 0.6 0.99 52 1.64
64.8 67.9 3.1 0.95 1 0.96
150.7 151.7 1.0 1.03 3 1.07
SH88-16 42 68.5 105.8 37.3 1.10 26 1.43
SH91-07 19 82.0 99.4 17.4 0.97 37 1.44
113.1 119.5 6.4 0.75 17 0.96
SH91-09 12 78.3 79.9 1.5 1.09 45 1.66
84.4 88.7 4.3 0.68 31 1.06
SH06-22 31 29.3 41.2 11.9 1.15 25 1.46
43.3 50.3 7.0 1.02 45 1.58
* "% 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 calculate d using 80:1 silver to gold ratio.
*** Intervals are core-length weighted. True width from historical core is unknown.
**** Composites are constructed using available data, and a AuEq cut off of 0.25 g/t AuEq. However, there may be intervals wi thin that are below 0.25 g/t AuEq.
Table 3. 2021 Drillhole Particulars.
HOLE UTME
(NAD83) UTMN (NAD83) Azimuth(°) Dip(°) Final Depth (m)
SH21-025 620,867 6,347,495 90 -57 176
SH21-026 621,023 6,347,534 240 -44 279
SH21-031 620,849 6,347,459 90 -58 172
SH21-039 620,935 6,347,495 90 -65 140
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 delivered
directly from the Baker Mine site, to Bandstra Transportation Systems in Prince George, B.C., an d
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
SH21-025 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A GO_FAG37V
SH21-026 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A GO_FAG37V
SH07-13 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A GO_FAG37V
SH07-14 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A GO_FAG37V
SH07-14 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A GO_FAG37V
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Table 5. Comprehensive Composite Results from Drillhole SH21-026.
Drillhole From To Length Au Ag AuEq*
(m) (m) (m) (g/t) (g/t) (g/t)
SH21-026 6 33.5 27.5 0.15 7.6 0.24
SH21-026 33.5 103.5 70 0.80 39.6 1.30
SH21-026 103.5 122.61 19.11 0.15 14.9 0.34
SH21-026 122.61 142 19.39 2.03 41.2 2.55
SH21-026 142 160.5 18.5 0.11 7.8 0.21
SH21-026 160.5 227.5 67 1.68 13.8 1.85
SH21-026 227.5 279 51.5 0.12 7.6 0.21
Total Length 273
*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 calculate d 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 1 significant digit for Ag.
Quality assurance and control (“ QAQC”) is maintained internally at the lab through rigo rous use of
internal certified reference materials, blanks, 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 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 o f
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. Further data review is underway, in
order to verify the validity of the data fo r 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 mineralization occurrences and their
extensions. TDG currently has 78,361,085 common shares issued and outstanding.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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 frequ ently characterized by words such as
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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 approvals or financing; and
fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as
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performance and accordingly undue reliance should not be put on such statements due to the inherent
uncertainty therein.