TDG GOLD Identifies Second Copper-GOLD Porphyry Target at North Quartz, Baker Complex
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
TDG GOLD IDENTIFIES SECOND COPPER-GOLD PORPHYRY TARGET AT NORTH QUARTZ, BAKER COMPLEX
White Rock, British Columbia, April 02, 2024. TDG Gold Corp. (TSXV: TDG) (the “Company” or “TDG”) is
pleased to provide a second targeting update focused on the copper -gold-molybdenum (“Cu-Au-Mo”)
porphyry potential within TDG’s ~53 square kilometre (“sq.km”) Baker Complex, Toodoggone District, B.C.
The North Quartz target area 1 (Figure 1) is located ~4 km west of the Trident target 1 (see news release
Mar 07, 2024) and is bounded by TDG’s 100% owned Drybrough target to the north and TDG’s former
producing Baker Mine to the southwest.
North Quartz historically2,3 had only shallow drillholes, all reporting appreciable base metal
concentrations (Table 1). In 2023, TDG assayed for base metals in historical drillcore from the Baker B-
Vein and demonstrated up to 100 metres (“m”) of > 1.0 % copper equivalent5 (“CuEq”) from near surface
(news releases Jul 25, Aug 15 and Sep 06, 2023). In 2021, TDG completed two diamond drillholes at its
100% owned Drybrough target with both showing anomalous base metals (news release Apr 13, 2022).
This more modern drill information has been combined with historical and modern soil geochemistry and
geophysics (Figure 2) to vector towards a potential porphyry target located beneath North Quartz in a
road accessible target area covering at least ~ 5.0 sq.km.
Figure 1 – TDG’s Baker Complex outlining the North Quartz Area; and Greater-Shasta Newberry.
The Baker-North Quartz target area 1 is road accessible and located > 1 km from TDG’s Baker camp mill
and TSF infrastructure. The target area 1 is on the north and south flanks of a prominent iron -oxide,
gossanous, west -northwest trending ridge ( Figure 3 ) adjacent to a regional scale unconformity ( now
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
faulted) between the Toodoggone Formation and the Takla Group volcanic rocks; analogous to the ‘Kyba-
Nelson Red Line’ unconformity which hosts deposits in the Golden Triangle area of B.C.
Steven Kramar, TDG’s VP Exploration, commented: “As we continue our systematic evaluation of our
holdings in the Toodoggone, there’s compelling data suggesting the Baker Complex has the potential to
host one or more copper -gold porphyries. The area is characterized by anomalous base and precious
metals in addition to porphyry pathfinder elements such as molybdenum and tellurium, in all geological
materials sampled and geophysics suggests the magnitude and geometry of a large intrusive body at
depth. The series of Baker Complex target evaluations has already provided two priority drill targets, and
we are still evaluating the remaining areas.”
Figure 2 – ZTEM Cross Section through North Quartz.
Prior Exploration Work
The North Quartz target area1 was discovered in the early 1970s and had several generations of ground-
based prospecting and sampling campaigns outlining anomalous copper -molybdenum-lead-zinc-gold-
silver (“Cu-Mo-Pb-Zn-Au-Ag”) concentrations in soil samples, stream sediment samples draining the area,
trenches, and shallow drill holes . At least 7 precious and base metal rich quartz -sulphide veins were
identified with orientations orthogonal to the Baker A- and B-Veins, suggesting the mineralization may be
related, but not directly to the historical Baker Mine.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Figure 3 – View of North Quartz Prospect, View looking west -northwest. Faulted contact with Toodoggone Sequence to right
background and foreground (light gray colored OCs) and Takla Volcanics to south (left gossanous OCs and talus).
Historical Exploration
Historical soils from the North Quartz target area 1 outline an open ended 400 m x 450 m multi -element
soil anomaly defined by Cu > 100 part per million (“ ppm”) (ranging from 120-375 ppm); Pb > 100 ppm
(ranging from 60-1320 ppm); Zn > 100 ppm (ranging from 100-255 ppm); Mo > 3 ppm (ranging from 3-300
ppm); Ag > 1.5 ppm (ranging from 1.5 -9 ppm) and Au >20 parts per billion (“ ppb”) (ranging from 20-180
ppb).
Historical drilling2,3 included completion of 2,930 metres in 28 shallow holes, of which only 23 % was
assayed4 (assayed core / total hole length) for precious metals and an even smaller amount for base
metals. The length weighted average (“LWA”) grade of all the available assayed core is 0.15 % combined
Cu+Pb+Zn with numerous intervals showing highly anomalous base and precious metals (Table 1).
TDG Exploration
TDG completed an airborne ZTEM, magnetics and radiometric survey over the entire Baker Complex and
Greater-Shasta Newberry in 2021 . D ata outlines a large domal high resistivity feature at depth,
interpreted to be an intrusive body overlain by a tabular very low resistivity feature that is interpreted to
be the ‘sulphide blanket’ characteristically above mineralizing porphyry intrusions (Figure 2).
An airborne hyperspectral survey (completed in 2022) indicates apparent zonation from magnesium-rich
chlorite to iron-rich chlorite across the area and a broad zone of exhibiting a spectral signature of alunite-
silica that are typical in the tops of porphyry copper systems. In 2023 , TDG conducted a lithic drainage
sampling (“LDS”) program (news release Feb 28, 2024 ) and samples from small catchment drainages
sourced in the target area produced results with highly anomalous concentrations of: (i) Cu (92-456 ppm),
(ii) Mo (2-11 ppm), (iii) Zn (98-513 ppm), (iv) Au (50-2,950 ppb), and, (v) Ag (0.4-2.62 ppm). The upper limit
of these concentrations falls within the top 10 % of the overall survey sample population.
Also in 2023, a ground based very low frequency electromagnetics (“VLF -EM”) and magnetic survey was
completed, and final data interpretation is underway.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Table 1 – North Quartz Drillhole assay summary.
Hole ID Incl. Bearing EOH Assayed Assayed Length-Weighted -Average ("LWA") Grade2,3 (ppm)
(°) (°) (m) (%) (m) Au Ag Cu Pb Zn Mo
BK75-15 -45 194 63.1 26 16.4 0.14 3.95 N/A N/A N/A N/A
BK75-16 -54 014 63.1 9 5.8 0.14 4.48 N/A N/A N/A N/A
BK75-17 -45 194 66.1 29 19.2 0.17 2.50 N/A N/A N/A N/A
BK75-18 -45 198 63.1 8 5.1 0.15 2.32 N/A N/A N/A N/A
BK75-19 -70 018 62.8 12 7.3 0.13 2.78 N/A N/A N/A N/A
BK75-20 -45 198 63.1 24 14.9 0.18 6.46 N/A N/A N/A N/A
BK81-05 -45 210 177.4 4 6.4 0.17 2.80 N/A N/A N/A N/A
BK81-11 -45 230 153.0 9 13.5 0.53 7.74 N/A N/A N/A N/A
BK87-20 -45 320 123.7 20 24.8 0.07 0.94 N/A N/A N/A N/A
BK87-21 -60 140 93.3 15 13.6 0.13 8.28 89 2209 3173 N/A
BK88-08 -60 320 166.7 12 20.0 0.08 4.86 226 2587 2088 N/A
BK88-09 -45 130 96.6 19 18.0 2.18 78.59 98 575 848 N/A
BK88-10 -60 130 121.0 27 32.8 0.04 3.32 89 117 184 N/A
BK88-11 -45 130 75.3 29 22.2 0.02 2.74 91 107 260 N/A
BK88-12 -45 130 57.0 47 26.9 0.05 8.49 100 262 424 N/A
BK88-13 -60 130 65.8 27 18.0 0.06 4.62 239 254 392 N/A
BK88-21 -45 220 75.3 28 20.7 0.01 0.88 68 16 110 N/A
BK88-22 -50 090 78.3 25 19.3 0.07 9.86 144 404 597 N/A
BK88-23 -50 110 82.3 18 14.7 0.03 2.41 158 50 148 N/A
BK88-24 -60 110 89.9 20 18.0 0.02 5.18 106 160 255 N/A
BK98-18 -45 130 120.7 30 36.3 0.23 4.77 N/A N/A N/A N/A
BK98-19 -38 130 99.4 15 14.8 0.00 6.92 N/A N/A N/A N/A
BK04-29† -60 030 90.5 96 86.9 0.06 2.82 252 269 610 9.5
BK04-30 -75 030 100.6 18 18.0 0.06 3.64 311 331 627 28.9
BK04-31 -60 030 88.4 23 20.7 0.06 5.45 290 538 1111 13.4
BK04-32 -60 030 100.6 20 20.3 0.56 23.72 668 430 1313 30.0
BK04-33 -75 030 109.8 22 24.3 0.07 3.97 181 204 520 22.8
BK17-05 -45 038 382.8 16 61.4 0.04 2.28 171 270 479 10.3
Total 2929.7 620.5
LWA % 23
LWA
Grade 0.20 7.74 193 517 773 19
*Intervals are Length Weighted Averages (“LWA”) . True width unknown, and core recovery is unknown.
**LWA results were built as an aggregate of all data that was assayed.
***Calculated LWA results are truncated to significant 2 decimal places for Au/ Ag (ppm)/ and the nearest integer for Cu/Pb/Zn/Mo
(ppm).
****Calculated LWA results may not sum due to rounding.
†Indicates 2023 Assay Data.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Geological Interpretation
North Quartz is situated along the northeastern contact of the Baker Quartz Feldspar Porphyry stock to
the southwest and augite p orphyritic andesite and basaltic lava flows of Takla Group to the northeast,
adjacent to a regional scale fault that brings Toodoggone volcanics in contact with the Takla on the north
valley slope edge.
The Toodoggone-Takla contact is a highly prospective horizon for mineralized systems as this contact is
thought to be the analogy of the Stuhini -Hazelton contact where prolific deposits have been discovered
in the Golden Triangle, on the western flank of the Bowser Basin. High concentrations of base and precious
metals in geological materials suggest a base -metal rich system is close by. Highly altered rocks and
mineralized dikes coincident with the ZTEM geophysical responses could be related to an interpreted
causative intrusion, appearing as a buried, dome -like high resistivity feature covered with ‘ blanket-like’
zone of lower resistivity. The low resistivity feature is interpreted to be a zone of higher sulphide content
associated with the phyllic (quartz- sericite-pyrite) altered cupola of the interpreted intrusion , (Figure 2)
consistent with field observations.
Drillcore h ost rocks consist of porphyritic augite andesite, aphanitic andesites, lithic tuffs, fragmental
volcanics, siltstones, dacites and dykes of varying compositions, most of them strongly altered by silica +
potassium feldspar (“K-spar”) + epidote + chlorite + pyrite with sulphide mineralization consists of pyrite,
sphalerite, galena, and chalcopyrite . Vein and vein selvage mineralogy is suggestive of a complex
hydrothermal environment with dominant assemblages of disseminated chalcopyrite and quartz-
chalcopyrite and subordinate magnetite + pyrite assemblages.
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.
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 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.
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. His torically, 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 Drillcore: Historical drillcore intersections, lengths or intervals referenced for assay or geological analysis may not
be available or suitable for sampling. Historical drillcores were inherited with the project and TDG provides no guarantees o r warranties
that these drillcores 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 unassayed drillcores
host precious or base metal mineralization.
5 Copper Equivalent (CuEq): Copper Equivalent is used for illustrative purposes to express the combined value of Au, Ag and Cu as an
equivalent of Cu on an in-situ basis. Calculations are uncut, and actual prices and recoveries (following metallurgical test work) may differ
from these assumptions which would change the equivalent value. Price assumptions (approximately in line with the LME 3 -year trailing
average metal prices) of US$ of $1,800/Oz Au, $22.50/Oz Ag and $3.25/lb Cu (lb) are used with assumed m etallurgical recoveries of 94.8
%, 77.2 % and 90.0 % recovery for Au, Ag and Cu, respectively. The resulting formula is: CuEq(wt.%) = ((Cu_wt.% × Cu 1% price per tonne
× Cu recovery)+(Au_g/t × Au price per g/t × Au recovery)+(Ag_g/t × Ag price per g/t × Ag recovery)) / (Cu price 1 % per tonne).
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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 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 under acquisition . 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
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).
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, “demonstrate”, “potential”, “appreciable”, “indicate“,
“signature”, “ consistent”, “ appear”, “ associate”, “strong”, “ coincide”, “ presence”, “ prominent,” “characterize,” “suggest,”
“apparent,” “associate,” “interpret”, “prospective”, “anomaly” 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 factor s that could cause actual events or results to differ materially
from estimated or anticipated events or results implied or express ed in such forward- looking statements. Such factors include,
among others: whether the geophysical, geological and geochemical results are indicative of a porphyry intrusive with or without
associated mineralization; whether interpreted potential sulphide blankets are present or absent; whether the LDS sampling
results are indicative of the presence of mineralization and whether or not such mineralization has economic potential; whether
future exploration programs will successfully define potentially economic mineralization; the timing and availability of funding to
support such exploration; accidents, labour disputes and other risks common to 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.