TDG GOLD Reports Extensive Copper-GOLD Signature over the Baker Complex, Toodoggone
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
TDG GOLD REPORTS EXTENSIVE COPPER-GOLD SIGNATURE OVER THE BAKER COMPLEX, TOODOGGONE
White Rock, British Columbia, February 28, 202 4. TDG Gold Corp . (TSXV: TDG) (the “Company” or
“TDG”) is pleased to announce the results of the 2023 Lithic Drainage Sampling (“LDS”) survey conducted
over TDG’s ~42 square kilometre (“sq.km”) Baker Complex, and also Greater Shasta-Newberry, covering
multiple defined exploration target areas1 including the historical Baker A- and B-Veins and Shasta deposit
that were mined intermittently between 1986 -2012. TDG’s 2021 -2023 exploration work is the first
property-wide, systematic program focused on the copper-gold-molybdenum (“Cu-Au-Mo”) porphyry
potential across the Baker Complex. Modern assay results from historical drillcore at t he Baker B-Vein
published by TDG in July to September 2023 demonstrate the presence of broad intervals up to 100
metres (“m”) of Cu, Au and silver (“Ag”) mineralization from near surface that was not previously mined.
In August 2023, TDG undertook a specialist geochemical survey collecting lithic drainage samples from the
network of creeks and gullies across the Baker Complex and Greater Shasta-Newberry. The results indicate
loci of high er Cu-Au-Mo against a background of elevated Cu across extensive portions of the Baker
Complex ( Figure 1 ). Higher Au-Ag concentrations are dominant in areas where Au -Ag epithermal
mineralization is already known to exist, which helps to validate the LDS survey approach (Figure 2).
Figure 1 – Lithic Drainage Sample Results for Cu.
Steven Kramar, TDG's VP Exploration, commented: "The LDS survey results show, for the first time, how
extensive the copper signature is across the Baker Complex. Historical exploration was gold-silver focused
and yet multiple academic studies have hinted at the potential1 for one or more shallow, intrusive-related
copper-gold-molybdenum porphyries at Baker that may have also generated the epithermal gold- silver
deposits like Shasta.”
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Results Summary
The maps above and below show consistently elevated Cu, Au, Ag and Mo concentrations across the Baker
Complex and Greater Shasta-Newberry. The top quartile of assay results for Cu-Au-Mo appears to be
concentrated into two, large footprint areas: (i) the broader area around the historical Baker mine, which
was explored for its gold-silver potential, and (ii) Saunders, which has historically seen minimal exploration
and evaluation for its mineral potential. Figure 4 presents areas1 with elevated t ellurium ( “Te”)
concentrations, and Te is an element commonly associated with mineralized intrusions, such as porphyry
Cu-Au-Mo systems. Maps for lead (“Pb”) and zinc (“Zn”) display broadly similar distribution patterns.
This multi -element coincident data strongly supports the concept that Baker represents a large- scale
mineralized system, as does the data for Saunders. Integration is ongoing of the LDS results with the
regional-scale silt geochemical samples and modern geophysics. TDG’s aim is to define prioritized, drill-
ready targets1 within the Baker Complex to help focus and inform potential joint venture discussions.
1. Baker Mine Area
The Baker mine area1 is marked by a distinctive 15 sq.km circular, dome-like physiographic feature. Within
and around this dome-like landscape feature, extensive gossans indicative of a high sulphide endowment
and widespread porphyry alteration coincide with multiple geochemical and geophysical anomalies.
Historical drilling undertaken at Baker was shallow and focused on Au-Ag epithermal mineralization.
2. Saunders
The Saunders target area 1 covers ~10 sq.km and has never been drill tested. It comprises multiple
historical prospects with minimal exploration. The LDS survey results indicate the presence of the highest
stream sediment pathfinder element anomalies across the whole Baker Complex . Cu and Mo
concentrations within the Saunders area are in the top 5% of all the samples collected in the 2023 survey.
Figure 2 – Lithic Drainage Sample Results for Au.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Figure 3 – Lithic Drainage Sample Results for Mo.
Figure 4 – Lithic Drainage Sample Results for Te.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Figure 5 – Lithic Drainage Sample Results Ag.
Greater Shasta-Newberry
LDS sampling results from Greater Shasta indicate highly anomalous Au and Ag from drainages,
particularly where the Shasta mineral resource2 has already been defined (Figure 5 above). Elevated Au-
Ag in the vicinity of a defined Mineral Resource Estimate2 (news release May 01, 2023) provides support
for the LDS technique as a prospecting method. Other highlights include the Cody Lee and Fisher target
areas1 which have had limited, but successful historical drilling and are open in all directions (news
releases Apr 03 and Apr 06 , 2023). The LDS survey has also highlighted the potential to expand the
mineralized footprint at Newberry1 which has never been drill tested.
Sample Collection and Analytical Method
TDG’s 2023 LDS survey utilized the ‘Barakso Pan’ method: a specialized device that collects single -phase
fluvial lithic sediment (silt) whilst eliminating most variability due to seasonality or organic chemical
components. Samples collected using this approach are consistent between sites and are near -
homogeneous in form.
Samples for the 2023 Lithic Drainage Sampling program were managed via rigorous chain of custody,
through sample collection, processing, and delivery to the ALS Global laboratory in either North
Vancouver or Kamloops, B.C. The samples were logged and collected across the Baker -Shasta and Bot
properties by geologists and technicians at sample sites determined to be appropriate for reflecting local
sediment sources where practical and possible . Samples selected for sampling w ere then placed sealed
kraft 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 ALS Global facility in
North Vancouver or Kamloops, B.C. Samples were prepared and analyzed following procedures: PREP-41A
for sample preparation and ME-MS41L for super trace (low detection limit) analysis featuring Au, Ag, Cu,
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
Pb, Zn, Mo, Te and other trace elements. Samples of an earlier analysis stream were processed using Au-
ICP21 for Au, and ME-MS61 for Ag, Cu, Pb, Zn, Mo, Te and a determination was made to switch methods
to achieve a lower detection limit. Information about methodology can be found on the ALS Global
website, in the analytical guide ( here). Quality Control/Quality Assurance (“QA/QC”) was maintained by
the lab utilizing laboratory reference materials, blanks and duplicate analyses, where required/applicable.
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.
2Mineral Resource Estimate (MRE): All scientific and technical information relating to the TDG’s Shasta Project pertaining to the Mineral
Resource Estimate (“Shasta MRE”) contained in this news release is derived from the Technical Report dated June 14, 2023 (wit h an
effective date of February 11, 2023) titled “The Toodoggone Portfolio and the 2023 Resource Estimate for the Shasta Deposit” (the “2023
Technical Report”) prepared by Sue Bird, MSc., P.Eng. of Moose Mountain Technical Services. The information contained herein in respect
of the Shasta MRE is subject to all of the assumptions, qualifications and procedures set out in the 2023 Technical Report and reference
should be made to the full text of the 2023 Technical Report, a copy of which has been filed with the securities regulators in each of the
provinces of Canada (except Québec) and is available on www.sedar.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 occurrences 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.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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”, “validate”, “expand”,
“indicate“, support”, “extensive”, “potential”, “consistent”, “appear ”, “associate”, “strong”, “concept”, “coincide”, “presence”,
“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 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: 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.