TDG GOLD Corp. Intersects 34.0 Metres of 8.49 G/T GOLD Equivalent IN the Creek Zone, Shasta Project, Toodoggone District, B.c.
Page 1 of 6
TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
TDG GOLD CORP. INTERSECTS 34.0 METRES OF 8.49 G/T GOLD EQUIVALENT IN THE CREEK ZONE, SHASTA
PROJECT, TOODOGGONE DISTRICT, B.C.
White Rock, British Columbia, March 29, 2022. TDG Gold Corp. (TSXV: TDG) (the “Company” or “TDG”)
is pleased to report a 34.0 metre (“m”) drill intercept of 7.19 grams per tonne (“g/t”) gold (“Au”) and 105
g/t silver (“Ag”) [8.49 g/t AuEq*] in hole SH21-040B (Figure 1) located in the Creek Zone, contained within
a broader interval of 76.3 m of 3.33 g/t Au and 51 g/t Ag [ 3.97 g/t AuEq*] at TDG’s former producing
Shasta project in the Toodoggone District, B.C (Figure 2).
DDH SH21-040B intersected: 34.0 m of 7.19 g/t Au and 105 g/t Ag from 59.0 m depth
Figure 1. Schematic Cross section of Drillhole SH21-040B.
*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 0.1 g/t AuEq.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Figure 2. Plan view of drillholes SH21-040 and SH21-040B, Creek Zone.
Steven Kramar, TDG’s Senior Geologist and B.C. Program Lead, commented: “SH21 -040 and SH21-
040B were designed to drill into the central part of the mineralized target area within the Creek Zone,
stepping back away from the historical mine workings. These results demonstrate that high -grade
material has been left in situ by previous operators . It also gives us the opportunity to track this style
of grade and thickness at Shasta to the west of SH21 -040B and parallel along strike of the Shasta
Fault. ”
SH21-040 was originally designed to confirm continuity of grade in historical holes in proximity that were
drilled to shallow depths and under-assayed. Hole SH21-040 was not completed to depth as it terminated
in a void, interpreted to be mine workings likely due to inaccurate information from a series of historical
collar locations, and which hole SH21 -040 has now helped to rectify. Hole SH21 -040B was drilled ten
degrees steeper and achieved the objective of passing through to the target depth of 120 m. Assay results
returned precious metal concentrations significantly higher than anticipated based on historical
neighbours, with mineralization persisting beyond the modelled target depth.
Other key intercepts in the 2021 drilling within the section window (+/- 10 m slice) are summarised in
Table 1 and presented on section, along with drillholes SH21 -040 and SH21-040B; Figure 3. Drill results
for remaining 2021 drillholes are pending analytical results.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Table 1. Significant Results from the 2021 Drilling within the Creek Zone.
Drillhole From To Length Au Ag AuEq*
(m) (m) (m) (g/t) (g/t) (g/t)
SH21-040 47.9 63.3 15.4 3.35 104 4.65
incl 55.5 60.0 4.5 8.61 215 11.30
SH21-040B 50.7 127.0 76.3 3.33 51 3.97
incl 59.0 93.0 34.0 7.19 105 8.49
and 142.6 149.9 7.3 0.57 3 0.61
*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 0.1 g/t AuEq.
** Intervals are core-length weighted. True width is estimated between 75 to 95 % of core length, and core recovery is estimated to be > 90 %.
***Calculated composites are truncated to significant 2 digits for Au/AuEq and the nearest whole number for Ag.
Photo 1 presents an example of near -surface vein style and mineralization; in this case, higher
concentrations of precious metals correlate to intensity of quartz veining/brecciation (from 88.5 m to 93.0
m; 13.22 g/t Au and 34 g/t Ag; 13.66 g/t AuEq*).
Photo 1. Mineralization encountered in drillhole SH21-040B from 89.53 – 95.75 m; calculated composite
(absolute, no cut off) through 88.5 to 93.0 m (4.5m) 13.22 g/t Au and 34 g/t Ag [13.66 g/t AuEq*].
Mineralization occurs in SH21 -040B as disseminated sulphides (pyrite) and quartz- carbonate
vein/stockwork and vein-breccia hosted acanthite in potassic/sericite/chlorite altered plagioclase phyric
crystal and ash volcaniclastic rocks. Generally, increasing potassic alteration and quartz -carbonate vein
density is indicative of increased precious metal concentrations, but is not diagnostic in all cases.
All 2021 drillholes were HQ sized drill core, and historical core are NQ/BQ core size. Particulars for 2021
drillholes (location, depth, etc. ) are presented in Table 2. 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.
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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 Drillholes SH21-040 and SH21-040B.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Table 2. 2021 Drillhole Particulars.
HOLE UTME
(NAD83) UTMN (NAD83) Azimuth(°) Dip(°) Final Depth (m)
SH21-040 620,910 6,347,429 90 -70 57
SH21-040B 620,910 6,347,429 240 -80 177
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., and ultimately to
the SGS laboratory in Burnaby, B.C. Samples were prepared and analyzed following procedures
summarized in Table 3, where information about methodology can be found on the SGS Canada Website,
in the analytical guide (here).
Table 3. Au and Ag Analytical Methods.
Drillhole Prep Method Au Method Ag Method Au-Overlimit Method Ag-Overlimit
SH21-040 PRP89 GO_FAI50V10 GE_IMS40Q12 N/A N/A
SH21-040B PRP89 GO_FAI50V10 GE_IMS40Q12 N/A GO_FAG37V
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 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 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 da ta, 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.
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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 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
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]
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; conclusions of economic evaluations; changes in project parameters as plans to
continue to be refined; possibl e 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
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 performance and
accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.