TDG GOLD Defines Drill Targets Within Potential Northern Extension at Mets
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
TDG GOLD DEFINES DRILL TARGETS WITHIN POTENTIAL NORTHERN EXTENSION AT METS
White Rock, British Columbia, January 08, 2024. TDG Gold Corp. (TSXV: TDG) (the “Company” or “TDG”)
is pleased to provide a targeting update from ongoing analysis and interpretation of geophysical data from
TDG’s 100% owned Mets mining lease located in the Toodoggone District of north-central B.C.
Within this news release are the first 3-dimensional (“3D”) geophysical renderings of the high-grade Mets
A-Zone1 and its potential northern extension1 covering a total of ~800 metres (“m”) of the ~3,850 m of
anomalous trend1 identified on Mets (news release Nov 14, 2023 ). Definition of additional drill targets1
for the remaining anomalous geophysical, geochemical, and structural features at Mets is ongoing.
The historical high-grade, near surface gold (“Au”) within the A-Zone at Mets was confirmed by TDG’s
diamond drilling in 2023 including 20 m of 11.1 grams per tonne (“g/t”) Au from 19 m depth, and 8.3 m
of 16.4 g/t Au from 51 m depth (news releases Sep 07, 2023 and Dec 04, 2023 ). The high-grade
mineralization appears to be coincident with a parallel west dipping conductive feature and magnetic
susceptibility low with a ~16-degree plunge to the north. The A-Zone1 and these geophysical features are
interpreted to extend for ~800 m and remains open to the north (Figure 1).
Figure 1. 3D View of Mets A-Zone & Potential Northern Extension1 displaying ground magnetics (left) and
VLF-EM (right).
Fletcher Morgan, TDG’s CEO , commented: “ Exploration for high- grade gold mineralization at Mets is a
high priority for TDG. The geophysical anomalies associated with the high-grade gold in the A-Zone1 and
its potential northern extension1 continue for at least 800 m with a gentle plunge and remains open at
depth. Our 2023 high-resolution ground magnetics and VLF-EM program evaluated only a shallow vertical
extent. With this additional data, we believe that we can explain why the historical drillholes either hit or
missed and, most importantly, we have generated additional drill targets based on our interpretations.
We’re applying a similar approach to the potential southern extension1 of the A-Zone1 and the two new
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
parallel anomalous trends1 that have never been drill tested. We look forward to publishing more targets
in the coming weeks.”
METS A-ZONE1
The well-understood portion of the Mets A-Zone high-grade Au mineralization is hosted in hydrothermal
quartz-barite breccia(s) at/or adjacent to a structurally disrupted lithological contact between the dacite
(hanging wall) and andesite (footwall). It can be conceptualized in 3D as a ‘sheet’ of high -grade Au
mineralization sub-parallel to the lithological contact which remains open in both directions and at depth
(Figure 2). The sheet of mineralization appears to be steeply west dipping, near surface and has a gentle
plunge (~16°) to the north.
The high -grade mineralized sheet coincides with two geophysical features . Firstly, using a Very Low
Frequency Electromagnetic (“VLF -EM”) survey, the response is defined by a relative charge density of
~>12 using the Karous -Hjelt (“KH”) filtered 24.8 kHz frequency (Figure 3) and is described as a north-
trending, plunging anomaly. Secondly, using ground magnetics survey data with the response calibrated
by drillhole data, the high-grade sheet coincides with a magnetic susceptibility low, which may represent
the destruction of mafic minerals during the course of alteration and mineralization (Figure 4).
Through historical recompilation and modern geophysics, a second alteration/breccia envelope was
rediscovered west of the main A-Zone trend ( Figures 3 and 4 ). This zone 1 is only partially evaluated by
historical drilling, remains open at depth, and shares the same geophysical signatures as the main A-Zone
trend. An evaluation of the continuity of this second breccia/alteration zone is ongoing and may represent
further dimensionality in endeavors expanding the potential size of the A-Zone1.
Figure 2. 3D View of Mets A-Zone & KH filtered 24.8 kHz relative charge density ~12.
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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 6367330N through the Mets A- Zone (Figure 2) displaying VLF-EM and Au Assay
Results.
Figure 4. Cross Section 6367330N through the Mets A -Zone (Figure 2) displaying magnetic susceptibility
and downhole lithology.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
POTENTIAL NORTHERN EXTENSION1
The modern high -resolution ground -based magnetics and VLF -EM data have provided an updated
framework for exploration outside of the A-Zone. The potential northern extension1 appears to have the
same characteristic VLF-EM conductive response and is also associated with a continuation of the linear
magnetic susceptibility low. Additionally, surficial soil sampling, geological mapping and 3D modeling also
support the interpretation of the favourable structural corridor having continuity to the north. (See
‘Target #2’ Figures 1 a & b for ground magnetics/VLF-EM and Figures 2 a & b for historical Au/Ag surficial
soil sampling results; news release Nov 14, 2023).
Qualified Person
The technical content of this news release has been reviewed and approved Steven Kramar, MSc., P.Geo.,
Vice President, Exploration for TDG Gold Corp., a qualified person as defined by National Instrument 43-
101.
1Mineral Exploration/Exploration Target Area(s) : TDG is a mineral exploration focused company and the Company’s Projects
are in the mineral exploration stage only. The degree of risk increases substantially where an issuer’s properties are in the mineral
exploration stage as opposed to the development or operational stage. Exploration targets and/or Exploration zones and/or
Exploration areas are speculative and there is no certainty that any future work or evaluation will lead to the definition of a
mineral resource.
2Historical Data: This news release includes historical information that has been reviewed by TDG’s qualified person (QP). TDG’s
review of the historical records and information reasonably substantiate the validity of the information presented in this ne ws
release; however, TDG cannot directly verify the accuracy of the historical data, including (but not limited to) the procedures used
for sample collection and analysis. Therefore, any conclusions or interpretations borne from use of this data should be considered
too speculative to suggest that additional exploration will result in mineral resource delineation. TDG encourages readers to
exercise appropriate caution when evaluating these data and/or results.
3Historical Drillcore Sampling & Assay Methodology : Historical drillcore was geologically logged with lithologies identified and
notable geological features recorded. Historical drillcore was split in half (and in rare cases sawn in half) along sample intervals
(lithology and mineralization dependant) generally less than 3 m. Chemical analysis was performed dominantly for precious metal
analysis (Au and Ag), and infrequently for base metals (Pb, Zn, Cu), and rarely for major elements and trace elements. Historically,
different commercial laboratories were utilized in addition to an assay lab at Baker Mine Site. These lab facilities may or may not
have had accreditation and in all cases accreditation (if applicable) pre-dated current ISO standards. Over that period, a variety of
digestion and assay methods were used, including atomic absorption, fire assay atomic absorption, aqua regia atomic absorption
and aqua regia ICP with varying detection limits. Reference materials (if any) were inserted at the analytical level and thus were
unblind to the facility processing the samples.
4Unassayed Historical Drill Core : Historical drill core intersections, lengths or intervals referenced for re -assay or geological
analysis may not be available or suitable for sampling. Historical drill cores were inherited with the project and TDG provides no
guarantees or warranties that these drill cores are part of the historical inventory, are available and/or have not degraded to a
state that would render them wholly unusable for the purposes of scientific investigation. TDG provides no
warranties/guarantees that these historical un-assayed drill cores host precious or base metal mineralization.
About TDG Gold Corp.
TDG is a major mineral tenure 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 and
Baker mines, which produced intermittently between 1981-2012, and the historical high-grade gold Mets developed
prospect, all of which are road accessible, and combined have over 65,000 m of historical drilling. The projects have
been advanced through compilation of historical data, new geological mapping, geochemical and geophysical
surveys and, at Shasta, 13,250 m of modern HQ drill testing of the known mineralization occur rences and their
potential extensions. In May 2023, TDG published an updated Mineral Resource Estimate for Shasta (see TDG news
release May 01, 2023 ) which remains open at depth and along strike. In January 2023, TDG defined a larger
exploration target area adjacent to Shasta (Greater Shasta -Newberry; see TDG news release January 25, 2023 ). In
September 2023, TDG published the first modern drill results from the Mets mining lease (see TDG news releases
September 07, 2023, September 11, 2023 and November 28, 2023).
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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.
Forward Looking Statements
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 “ appear”,” interpret”, “demonstrate”, “coincident”,
“potential”, “confirm ”, “suggest” , “evaluate”, “ support”, and variations of these words as well as other similar words or
statements that certain events or conditions “could”, “may”, “should”, “would” 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 and planned explorati on activities including the potential for the definition of a high-
grade gold or other style of mineral deposit of potential economic value within the Mets mining lease; that geophysical survey
results and interpretations thereof are defining potentially mineralized corridors; results from future exploration programs
including drilling; interpretation and meaning of completed and future geophysical surveys; conclusions of future economic
evaluations; changes in project parameters as plans to continue to be refined; possible variations in grades of mineralization
and/or future actual recovery rates; accidents, labour disputes and other risks of the mining industry; the availability of sufficient
funding on terms acceptable to the company to complete the planned work programs; 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.