TDG GOLD Corp. Samples up to 8.22 G/T GOLD at Shasta Creek Zone Pit, Toodoggone, 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. SAMPLES UP TO 8.22 G/T GOLD AT SHASTA CREEK ZONE PIT, TOODOGGONE, B.C.

White Rock, British Columbia, December 16, 2021. TDG Gold Corp. (TSXV: TDG) (the “Company” or “TDG”) is

pleased to report the preliminary assay results from sampling of its former producing Shasta Creek Zone Pit,

located at the southeast corner of the Baker-Shasta project, Toodoggone, B.C.

Assay results from chip samples within the exposed Creek Zone Pit of the Shasta deposit further demonst rate

that the mineralized halo surround ing higher grade pods of quartz carbonate breccia was left unmined. Chip

samples were taken along approximately 37 metres (“m”) of the stockwork body at regular intervals . The

samples are not representative of true width of the breccia body. Chip sample results include up to 8.22 grams

per tonne (“g/t”) gold (“Au”) with 2 g/t silver (“Ag”), and 4.23 g/t Au with 123 g/t Ag - see Table 1 below for

chip sample highlights.

Figure 1. Showing the location of the Creek Zone at Shasta. The exposed pit is located above the

historical workings marked on the map.

Table 1. Showing Shasta Zone Creek Pit chip sample highlights.

Sample ID Au (g/t) Silver (g/t)

SH21-CH01 4.23 123

SH21-CH03 4.13 16

SH21-CH20 2.07 221

SH21-CH27 8.22 2

SH21-CH28 1.52 163

SH21-CH32 1.84 18

SH21-CH33 2.31 59

SH21-CH34 1.38 95

SH21-CH39 1.68 72

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

Image 1. Showing the location of the Shasta Creek Zone Pit and JM Zone Pit – looking approximately south-southwest.

Image 2. Shows the location of the sampling over an approximate distance of 37 m.

Creek Pit- Shasta Deposit

JM Pit- Shasta Deposit

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

Table 2: full list of samples from the quartz-carbonate zone marked on Image 2 (above).

Sample ID Au (ppm) Silver (ppm)

SH21-CH01 4.23 123

SH21-CH02 0.7 16

SH21-CH03 4.13 16

SH21-CH04 0.83 16

SH21-CH05 0.05 3

SH21-CH06 0.06 3

SH21-CH07 0.06 2

SH21-CH08 0.15 2

SH21-CH09 0.04 3

SH21-CH10 0.04 3

SH21-CH11 0.68 12

SH21-CH12 0.28 7

SH21-CH13 0.31 4

SH21-CH14 0.48 6

SH21-CH15 0.24 26

SH21-CH16 0.03 2

SH21-CH17 0.02 1

SH21-CH18 0.01 1

SH21-CH19 0.02 2

SH21-CH20 2.07 221

SH21-CH21 0.04 3

SH21-CH22 0.23 21

SH21-CH23 0.14 12

SH21-CH24 0.08 6

SH21-CH25 0.51 62

SH21-CH26 0.22 22

SH21-CH27 8.22 2

SH21-CH28 1.52 163

SH21-CH29 0.28 22

SH21-CH30 0.31 22

SH21-CH31 0.72 7

SH21-CH32 1.84 18

SH21-CH33 2.31 59

SH21-CH34 1.38 95

SH21-CH35 0.33 28

SH21-CH36 1.14 45

SH21-CH37 0.23 19

SH21-CH38 0.91 80

SH21-CH39 1.68 72

SH21-CH40 0.96 24

SH21-CH41 1.18 62

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 samples were collected directly by TDG geologists or geological

contractors and taken to the core shac k at TDG’s Baker Mine site. Geological material was then processed by

geologists who inserted certified reference materials into the sampling sequence (when/where appropriate).

Samples were placed in zip -tied polyurethane bags, then in security -sealed rice bags before being delivered

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

directly from the Baker Mine site to Bandstra Transportation Systems in Prince George, B.C., and ultimately to

SGS laboratory Burnaby, B.C , or delivered from sou rce to destination directly by TDG staff or contractors .

Samples were prepared for analysis according to SGS method PRP89: dry samples to 105°C, crush to 75 % passing

2 mm, split 250 g, pulverize 85 % passing 75 microns.

Gold was tested by fire assay with ICP-OES finish on a 50-gram nominal sample (method GE_FAI30V5). Method

GE_FAI50V10 (ore grade geochemistry) has an upper detection limit of 100 ppm (100 g/t). Silver was tested by

digesting at least 0.5 g sample in multi- acid (four acid) followed by an ICP -OES finish (method GE_ICP40Q12).

Method GE_ICP40Q12 has an upper detection limit of Ag of 100 ppm (100 g/t), and any overlimit samples are

being subsequently run with method GE_ICM40Q12 that has an upper detection of 0.1 % (1,000 g/t).

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”) 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 news release, results are ‘ preliminary’ and despite having undergone rigorous internal SGS

QAQC (returning ‘final’ results), TDG has not completed its DQA investigations at this time.

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.

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 has ad vanced 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. The Company has entered into a binding agreement

to acquire the Nueva Esperanza silver- gold advanced exploration and development project located in the

Maricunga Belt of northern Chile, subject to closing conditions being satisfied. TDG currently has 70,867,903

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 within the meaning of applicable securities laws. The use

of any of the words “ambition”, “estimate”, “concluded”, “offers”, “objective”, “may”, “will”, “should”,

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

“potential” and similar expressions are intended to identify forward looking statements. In particular, this news

release contains forward looking statements concerning the completion of the Acquisition, the completion of SR

Offering and the Offering, the intended uses of the proceeds of the Offering, regulatory acceptance of the

Acquisition, the SR Offering and the Offering, and the potential development of the Project and the Company’s

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in respect thereof. Although the Company believes that the expectations and assumptions on which the forward

looking statements are based are reasonable, undue reliance should not be placed on the forward looking

statements because the Company cannot give any assurance that they will prove correct. Since forward looking

statements address future events and conditions, they involve inherent assumptions, risks and uncertainties.

Actual results could differ materially from those currently anticipated due to a number of assumptions, factors

and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the

completion of other conditions precedent to the Acquisition, including the receipt of regulatory approvals, the

state of equity financing markets, and results of future exploration activities by the Company. Management has

provided the above summary of risks and assumptions related to forward looking statements in this news release

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implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events

anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits the

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update publicly any forward looking statements, whether as a result of new information, future events or results

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