TDG GOLD Intersects 8.3 M of 16.4 G/T GOLD from 51 Metres Depth at Mets, Toodoggone
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
TDG GOLD INTERSECTS 8.3 M OF 16.4 G/T GOLD FROM 51 METRES DEPTH AT METS, TOODOGGONE
White Rock, British Columbia , December 04 , 2023. TDG Gold Corp (TSXV: TDG) (the “Company” or
“TDG”) is pleased to report further high-grade, near-surface gold (“Au”) mineralization intersected in the
final diamond drillhole completed in the 2023 exploration program at TDG’s 100 % owned Mets mining
lease, located in the Toodoggone District of north-central B.C.
Diamond drillhole MT23-005 (HQ, oriented) was completed in the Mets A-Zone1 and intersected:
• 16.36 grams per tonne (“g/t”) Au, 4 g/t silver (“Ag”) over 8.3 metres (“m”) from 50.5 m
downhole depth using a cut-off grade (“COG”) of 3.00 g/t Au (Table 1).
As stated previously (news release Nov 28, 2023 ), the high-grade Au mineralization at Mets appear s to
track a distinct very low frequency-electromagnetic (“VLF EM”) conductivity gradient (Figure 1) coincident
with a magnetic susceptibility low (Figure 3). This observation is consistent throughout the 50 m of strike
between drillholes MT23-004 and MT23-005/003 (Figure 2). Further evaluation is underway to apply this
interpretation across the known 130 m of strike- length of the A -Zone1, to generate targets for the
potential southern1 and northern1 extensions of the A -Zone1 and, ultimately, explore across the entire
mining lease. MT23-005 was designed as a geological test of the potential controls on the northern extent
of the A -Zone. The high-grade gold mineralization intersected extends the high -grade mineralized zone
above hole MT23 -003. Due to a mechanical issue with the drill rig, the drillhole was stopped at 74 m
downhole depth rather than the targeted 210 m and hence failed to test the northern controls at depth.
Steven Kramar, TDG’s VP Exploration, commented: “The five diamond drillholes completed at Mets in 2023
validate the continuity of shallow, high-grade gold mineralization within the A-Zone. In combination with
TDG’s high- resolution geophysics completed across the Mets mining lease, along with the recompiled
historical information, we are developing a targeting framework and look forward to refining targets,
starting with the potential extensions to the north and south of the A-Zone1.”
Figure 1. Cross Section of MT23 -005/003 with (i) 24.8 kHz Filtered VLF, (ii) 2023 drill assay results, (iii)
Historical2,3 drill assay results and, (iv) Historical2 trench assay results on section.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Table 1. Assay results from Mets A-Zone1 drillhole MT23-005.
Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t)
MT23-005*** 50.5 58.8 8.3 16.36 4
* Interval is core-length weighted. True width is estimated between ~ 70 % of core length; core recovery is estimated to be ~ 90 %
** Composite result was calculated using 3.0 g/t Au cut-off, although there may be intervals within the composite below 3.0 g/t Au.
*** Calculated composite is truncated to significant 2 decimal places for Au and the nearest integer for Ag.
**** Calculated composite may not sum due to rounding.
Figure 2. Mets A-Zone1 with: (i) 2023 drill collars, (ii) Historical drill collars, (iii) Historical 2 trench near
MT23-005 and (iv) Additive Fraser Filtered VLF geophysics.
Mineralization Encountered
Drillhole MT23 -005 is interpreted to have intersected the same quartz -barite breccia style of
mineralization as MT23-001 (news release Sept 07, 2023) and MT23 -002/MT23-003 (news release Sept
11, 2023) and MT23-004 (news release Nov 28, 2023). This limited drill program validates the continuity
of the high-grade historical drilling and demonstrates potential to expand on the high-grade A-Zone.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
MT23-005
The final drillhole of the 2023 Mets drill campaign was designed to collect structural geological data by
drilling oblique to previous drilling and examine the potential for high-grade mineralization on the other
side of the previously untested N75 fault, as well as testing for potential additional structures. MT23-005
intersected high-grade Au ( Image 1) in the vicinity of the intersection reported from MT23 -003 (news
release Sept 11, 2023 ) and may expand the previously interpreted high-grade zone. The drillhole was
terminated early at a shallow depth (74 m), well before reaching the N75 fault and its target depth of 210
m due to mechanical issues on the drilling rig. The casing was left in the drillhole so that TDG can re-enter
the hole and complete drilling in the future. Historical2 trenching in the vicinity of MT23-005/003 (Figure
1) reported results ranging from 0.04 – 15.0 g/t Au in 1 m composite chip sampling over 48 m of the
trench-length sampled.
Assay results were received from MSA Labs Canada (“MSA”). Samples reported in this news release with
Au concentrations > 20 g/t were subject to subsequent metallic screen analysis for individual samples
reporting > 20 g/t Au. Results reported are considered final.
Image 1. MT23-005: 54.11-54.32 m Quartz-Barite breccia with altered dacite clasts. From Sample 269790; 0.91 m at 53.66 m to
54.57 m grading 49.90 g/t Au and 4.54 g/t Ag. (Ruler in centimetres, top and inches, bottom).
Magnetics / VLF-EM Results Interpretation
The same parameters were utilized to process the VLF (Figure 1) as for drillhole MT23-004 (news release
Nov 28, 2023 ) using the Karous and Hjelt (“KH”) filter to qualitatively interpret the 28.4 kHz signal
produced by the ground-based geophysics survey performed in 2023. The three-dimensional interpolated
voxel model supports the initial interpretation of coincident VLF conductivity gradient (the “ Feature”)
tracing the high-grade mineralization in the Mets A-Zone1 also supported by a magnetic susceptibility low
(Figure 3) tracking the same Feature. This Feature has only been drill tested historically to shallow depths
(~ 60 m) and remains open at depth where it exhibits increasing current density. While these geophysical
features are seemingly coincident, it also could be due to other geological factors.
Short Wave Infrared Light (“SWIR”) Interpretation
Short wave infrared light (“SWIR”) analysis was undertaken on all the core drilled at Mets in 2023. SWIR
is a helpful tool to identify and characterize minerals and establish relationships between species of
minerals and alteration/mineralization. Prelimin ary analysis ( Figure 4) suggests a relationship between
the presence or absence of interpreted dickite, the high -grade Au mineralization and the coincident
geophysics response. Dickite is a clay mineral (part of the kaolinite group) and can be often found
associated with gold -bearing epithermal systems. The SWIR interpretation appears to be strongly
associated with the upper portions of the high -grade Au mineralization in all 5 holes drilled at Mets in
2023. Further interpretations are currently underway to fully characterize alteration. SWIR responses can
be non-unique, and X-Ray Diffraction (“XRD”) analysis is required to confirm mineral species present.
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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 MT23 -005/003 with: (i) 24.8 kHz KH Filtered VLF, and (ii) Downhole magnetic
susceptibility.
Figure 4. Cross Section of MT23-005/003 with SWIR interpreted Dickite.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
QA/QC
Samples for the Mets 2023 drill program were handled via rigorous chain of custody, including sample
collection, processing, and delivery to the MSA laboratory in Langley, B.C. The drillcore was logged,
photographed, and sampled at TDG’s Baker Mine site and processed by geologists and technicians. Quality
assurance and control (“QAQC”) materials were inse rted into the sampling sequence during geological
sample selection. The drillcore selected for sampling was split by mechanical core splitter and then 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 MSA
facility in Langley, B.C. Samples were prepared and analyzed following procedures: CRU- 240, SPL-415,
PPU-510 for sample preparation, FAS -221 for Au and IMS -235 for Ag and trace elements. Overlimit
concentrations (> 20 ppm Au) of precious metals were analyzed (where applicable) by MSC -550.
Information about methodology can be found on the MSA 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
is triggered and when deemed necessary, the samples that were tested in the batch with the failed QAQC
sample are re-tested.
Table 2 presents the particulars for the drillholes in this news release. During the sampling process, HQ
drillcore was split in half using a mechanical core splitter. The collar location was located using Global
Positioning System (“GPS”) Real Time Kinematics (“RTK”) system with high precision.
Table 2. Drillhole Collar Information.
HOLE ID UTME NAD83 (mE) UTMN NAD83 (mN) Azimuth (°) Dip (°) Final Depth (m)
MT23-005 600,018.0 6,367,399.8 40 -60 74.1
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
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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
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 “ appear”,” interpret”, “continuity ”, “observe ”,
“demonstrate”, “coincident ”, “characterize ”, “potential ”, “confirm ”, “suggest ”, “evaluate”, “ validate”, “develop ”, “refine ”,
“expand”, “qualitative”, “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 antic ipated
events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results
of current and planned exploration 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; 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.