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TDG GOLD Identifies Copper-Molybdenum Porphyry Target at Bot, Toodoggone District

Exploration Programs

1

TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

TDG GOLD IDENTIFIES COPPER-MOLYBDENUM PORPHYRY TARGET AT BOT, TOODOGGONE DISTRICT

White Rock, British Columbia, January 17, 2025. TDG Gold Corp. (TSXV: TDG) (the “Company” or “TDG”)

is pleased to provide an update from ongoing targeting work within TDG’s 100 % owned, ~140 square

kilometre (sq.km”) Bot project, Toodoggone District. TDG has identified a copper-molybdenum (“Cu-Mo”)

porphyry target 1 (“Erebus”) through a multi -disciplinary approach as part of TDG’s ongoing porphyry

target1 generative program (Figure 1).

The Toodoggone District includes a ~300 km southeast- northwest porphyry corridor extending from

Centerra’s Mt Milligan Au -Cu mine2 in the southeast, through Northwest Copper’s PEA -stage Kwanika-

Stardust Cu-Au project2 and Centerra’s former producing Kemess Cu -Au mine2, up to Freeport -Amarc’s

joint venture Cu -Au Joy -Pine project 2 in the northwest. Through systematic, low cost, high impact

exploration, TDG has potentially extended the known porphyry belt for up to another ~50 km, through its

Baker Complex, Saunders, Oxide Peak and Bot properties (Figure 2).

Erebus target1 displays the geological features that suggest potential to host an intrusive related Cu -Mo

porphyry, covers at least 15 sq.km, and has never been drill tested. In 2024, TDG undertook prospecting,

rock and soil sampling to complement TDG’s 2023 Lithic Drainage Sampling (“LDS”) survey and historical

geophysics. Selected assays from rock samples collected from TDG’s 2024 program at Erebus are

presented in Table 1.

Figure 1 – The ‘Erebus’ Target Area located within TDG’s 100 % owned Bot mineral tenures (inset: TDG’s complete tenures).

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

Steven Kramar, TDG’s VP Exploration, commented: “Erebus is the third, multi-square kilometre porphyry

target1 area that we have identified within our Toodoggone mineral tenures. In combination with our

North Quartz and Trident porphyry targets 1 (both located within the Baker Complex), Erebus has the

potential to extend the discovered portion of the Toodoggone Porphyry corridor well to the northwest. Our

aim is to complete the final screening to spot potential drill collar locations on Erebus this 2025 season, so

that it is drill-ready by 2026.”

TDG has now identified three targets 1 for potential porphyry-style mineralization within its Toodoggone

portfolio:

1. Trident – located within the Baker Complex1 (see TDG news release Mar 07, 2024)

2. North Quartz – located within the Baker Complex (see TDG news release Apr 02, 2024). TDG drilled

the northwestern edge of the target area in 2021 (Drybrough; see TDG news release Dec 15,

2021). Subsequent studies, including TDG’s 2023 LDS survey, indicates the porphyry target 1 is

located deeper and to the southeast than tested in 2021 (see TDG news release Feb 28, 2024).

3. Erebus – located within the Bot mineral tenures. Target1 is described within this news release.

TDG has an ongoing porphyry target generative program and continues to analyse historical data,

alongside information from more modern studies, in order to identify further targets 1. This includes re -

evaluating existing projects for porphyry potential, such as the Oxide Creek area.

Figure 2 – Known Toodoggone Porphyry Corridor: deposits and targets2.

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

Table 1 – Select Rock Sampling Assay Results from Erebus. Highlight colours correspond to Figure 4, and Map Index

Corresponds to sample locations in Figure 3.

Erebus Target Area Description

The Erebus target1 is defined as ~15 sq.km area that encompasses four Minfile occurrences that received

limited historical geological work, despite first discovery of anomalous base and precious metals in rock

and float samples during sp oradic exploration programs by multiple operators starting in the 1960s up

until Talisker undertook geophysics in 2017 . Mapped geology has identified both Takla Group rocks and

intrusive rocks of the Black Lake Plutonic suite – the same setting as other porphyry deposits such as

Kemess Mine2 (Centerra Gold) and Joy Project-Pine Deposit 2 (Freeport-Amarc joint venture) in the area.

Additionally, multiple overlapping coincident anomalies suggest the setting of a porphyry system including

(i) Elevated base and precious metals in geological samples, (ii) a deep resistive target defined from a 2017

ZTEM anomaly indicating the potential presence of an intrusion at depth, (iii) a circular magnetic low

feature, (iv) a strong 6 km by 800 m etre (“ m”) northeast-trending illite anomaly defined by TDG’s

hyperspectral imaging in 2022, (v) location adjacent to a major, regional- scale northwest-southeast-

oriented structure in the same orientation as mineralized trends within the district (Figure 1) , (vi) TDG’s

geochemical sampling suggesting a Cu LDS vector and, (v ii) identification of porphyry vein type and

mineralization during 2024 geochemical sampling and prospecting work.

The geochemical signature of base metal and silver at the periphery, and elevated Cu concentrations in

the core ( Figure 3) in addition to geological and geophysical anomalies , is typical of the porphyry

exploration model and may suggest a porphyry system at depth.

Geological mapping and prospecting work have identified zonation in alteration assemblages and

mineralization encountered throughout the Erebus target area. At higher elevations, and peripheral to

the main cirque, rocks encountered were dominantly underlain by volcanic and subordinate sedimentary

facies with an epidote -chlorite-magnetite assemblage of alteration. Oxides of Cu ( e.g. malachite) were

encountered with the dominant sulphide assemblage of pyrite -magnetite-chalcopyrite (“Py+Mt+Cpy”).

Veins within the volcanics were identified as quartz, carbonate, epidote and/or Mt and consist of singular

veins, sheeted vein sets and stockwork -style veins. Multiple generations of vein sets are evident

throughout the area. These higher elevation rocks were extensively hornfelsed.

Sample Sample Lithology Visible Map Au Ag Cu Pb Zn Mo

ID Type Sulphides Index (g/t) (g/t) (%) (ppm) (ppm) (ppm)

D00209783 Outcrop Quartz Monzonite Cpy-Py 1 0.01 2.2 0.45 15.9 24.9 32.4

D00210644 Outcrop Takla Basalt? Cyp-Py 2 0.02 3.1 0.41 6.9 11.4 64.5

G674404 Outcrop Takla Basalt? Cyp-Py 3 0.23 1.3 0.01 19.7 73.9 374.6

D00209728 Outcrop Takla Basalt Cpy-Py-Mal-Mt 4 0.09 1.7 0.76 4.7 30.5 150.5

G674425 Outcrop Qtz-Epi Vein Py-Mal 5 0.01 0.4 0.28 1.4 31.5 37.7

G676066 Float Mafic Extrusive Cpy 6 0.05 134.0 11.00 5.7 248.7 0.6

D00209753 Float Takla Basalt Cpy-Mal 7 0.10 10.0 1.89 3.7 41.0 4.0

D00209786 Outcrop Qtz-Magnetite Vein Cpy-Py-Mal-Mt 8 0.08 3.0 1.13 3.3 15.5 3.7

G6744410 Outcrop Monzonite Py 9 1.38 14.4 0.99 9.0 29.3 133.6

G676053 Outcrop Takla Basalt Py 10 0.00 0.1 0.00 44.5 28.1 5.0

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

Figure 3 – ‘Erebus’ Target Area displaying (clockwise from top left) Cu, Mo, Zn, Ag concentrations in: (i) 2024 Rock Sampling, (ii)

Historical Rock Sampling and (iii) 2023 Lithic Drainage Sampling. Single Digit Integer Corresponds to the Map Index in Table 1.

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

Figure 4 – Rock Samples Taken at the Erebus Target Area (Left: Sample G676066, Mafic Volcanic disseminates with

chalcopyrite/pyrite with 11 % Cu in Float directly below inaccessible Cliff; Right: Sample D00209783 Quartz Monzonite with

disseminated chalcopyrite/pyrite, malachite/azurite on fracture surface and pervasive potassic alteration with Mo veining grading

0.45 % Cu & 32.4 ppm Mo in outcrop.

Figure 5 – Multi-generational stockwork veins developed in K-altered intrusive (two different sample sites shown as example).

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

The central area of the main cirque, in the valley bottom, was underlain dominantly by felsic to

intermediate intrusive rocks. The granitic rocks compositionally range from biotite granite to quartz

monzonite, and host disseminated sulphides of Cpy+Py+Mt with secondary Cu oxide minerals (Figure 4 –

right panel). Several areas were identified with intense, multi- generational, stockwork-style veins and

sheeted quartz (“Qtz”) + Potassium (“K”) feldspar + Py + Cpy + Mo veining. Vein densities ranged from 5 –

10 % of rock mass up to ~30 % (Figure 5).

Also encountered in the Erebus target 1 area are interpreted late porphyry dykes cross cutting into the

Takla Basalts and the Black Lake Suite. This suggests a long-lived, multi-phase, intrusive cycle in the target

area.

2024 Exploration Work

The reconnaissance program consisted of prospecting and geochemical sampling in the area ( Figure 3,

opaque circles are TDG’s work, semi -transparent circles are historical 3 sampling efforts). These samples

confirmed and correlate with an increase of Cu concentrations central to the Erebus target 1 area

suggested by the 2023 LDS sampling and demonstrated elevated silver and base metal concentrations at

the periphery. Geological observations identified both mafic volcanic rocks (interpreted to be the Takla

Basalt Sequence) and granitic rocks (interpreted to be the Black Lake Intrusive Suite).

Approximately half (115) of samples collected in 2024 demonstrate appreciable Cu concentrations, with

an average aggregate mean of 0.39 % Cu, ranging from 200 parts-per-million (“ppm”) to 11,000 ppm Cu.

Approximately 20 % of the samples collected in the area have greater than 5 ppm Mo, with an aggregate

mean of 38 ppm Mo, ranging from 5 – 375 ppm Mo. Both these metals demonstrate concentrations of

anomalous interest and justification for further follow-up work to refine the Erebus target1.

Prior Exploration Work

The Bot/Erebus area has been previously explored, with recorded exploration dating back to the 1960s

when Kennco first arrived in the area and began evaluating the Toodoggone District as part of a regional

exploration program. Despite over 60 years of expl oration, historical exploration pre -2000 was limited

and sporadic, collecting only ~100 geochemical samples (rocks, soils, chips, grabs) in the Erebus target 1

area (according to available records). Geological mapping work was restricted to large -scale regional or

reconnaissance ‘check’ mapping and at very coarse scale. An airborne Z- Axis Tipper Electromagnetic

(“ZTEM”) survey was conducted in 2017 by Talisker Resources. In 2024, TDG focused on following up on

the 2023 LDS survey ( Figure 6) that suggested an increasingly strong Cu vector leading up the drainage

that leads into the centre of the Erebus target1 area and TDG conducted follow up geochemical sampling

in 2024. The Erebus target1 has never been drill tested.

Future Work

The Erebus target 1 needs further detailed geological mapping, including detailed study of the type,

orientation, paragenesis and alteration assemblages of all veins, in particular those veins hosting base or

precious metal mineralization. TDG anticipates this work to be undertaken in parallel with its 2025

exploration season at the Greater Shasta -Newberry, Mets and Baker Complex. This work could result in

selection of potential collar locations to launch an inaugural drill program on the Erebus target1 area.

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

Figure 6 –‘Erebus’ Target Area Vector Defined by Increasing Cu in 2023 LDS Sampling.

QA/QC

Samples for the Bot program were handled via rigorous chain of custody, including sample collection,

processing, and delivery to the Bureau Veritas (“BV”) in Vancouver, B.C. The material was logged and

photographed at TDG’s Baker Mine site and processed by geologists and technicians. Quality assurance

and control (“QAQC”) materials were inserted into the sampling sequence during geological sample

selection. The material selected for sampling was placed in zip -tied polyurethane bags, then in security -

sealed rice bags before being delivered directly by TDG staff from the Baker mine site to Bandstra

Transportation Systems in Prince George, ultimately to the BV facility in Vancouver, B.C. Samples were

prepared and analyzed following procedures: PRP90-250 for sample preparation, FA430 for Au and AQ251

for Ag and trace elements. Overlimit concentrations (> 100 ppm Ag or > 10,000 ppm Cu) were analyzed

(where applicable) by MA401. Information about methodology can be found on the BV Labs website, in

the analytical guide (here).

QAQC is maintained internally at the lab through rigorous use of internal certified reference materials

(“CRMs”), blanks, and duplicates. An additional QAQC program was administered by TDG through the

verification of lab results via use of CRMs and blank ( unmineralized) samples that were blindly inserted

into the sample batch. If a QAQC sample returns an unacceptable value an investigation into the results

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TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

is triggered and when deemed necessary, the samples that were tested in the batch with the failed QAQC

sample are re-tested.

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) : 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.

2Adjacent Properties: The Company has no interest in, or rights to, any of the adjacent properties mentioned, and

mineral deposits on adjacent properties are not necessarily indicative of mineralization on the Company’s

properties. Any references to resources, grades, metallur gical or process studies, engineering studies or historical

results are provided for information only and do not imply any certainty of achieving similar results on the

Company’s properties.

3Historical 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 news 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 co nsidered 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.

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 32,000 hectares of brownfield and greenfield exploration

opportunities under direct ownership. 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 his torical 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 occurrences and their potential extensions. In January 2025, TDG

published an updated Mineral Resource Estimate for Shasta (news release Jan 08, 2025) which remains

open at depth and along strike; including the Baker Mine Tailings. In January 2023, TDG defined a larger

exploration target area adjacent to Shasta (‘Greater Shasta-Newberry’; news release Jan 25, 2023). In Fall

2023, TDG published the first modern drill results from the Mets mining lease (news releases Sep 07,

2023, Sep 11, 2023 and Nov 28, 2023). In early 2024, TDG identified new copper -gold target areas over

an expanded footprint covering ~53 sq.km known as the ‘Baker Complex’ (news release Feb 28, 2024).