logo
TDG Gold Provides 2025 Exploration Outlook & Update on the Aurora1 West Target

TDG Gold Provides 2025 Exploration Outlook & Update on the Aurora1 West Target

Miami Herald07-05-2025
Press Releases TDG Gold Provides 2025 Exploration Outlook & Update on the Aurora1 West Target
Exploration scheduled to commence in June 2025 with IP followed by Drilling
TDG Gold Corp. (TSXV:TDG) (the "Company" or "TDG") is pleased to provide an update on its 2025 exploration plans for the AuRORA1 West ("AuWEST") target within the Company's expansive and 100%-owned Greater Shasta-Newberry ("GSN") Project in the Toodoggone District of British Columbia.
The AuWest Target - An Overview
Occurring immediately adjacent to the eastern boundary of the Company's GSN Project, the 2024 Freeport-McMoRan - AMARC Resources Ltd. ("Freeport-Amarc") AuRORA1 discovery represents an unusually high-grade, gold-copper-silver ("Au-Cu-Ag") discovery in the Toodoggone District (see TDG news release Jan 17, 2025). TDG's AuWEST target is the potential westward extension of AuRORA1.
The AuRORA1 mineralization was drill delineated to within ~40 metres ("m") of TDG's eastern property boundary. Freeport-Amarc's drillhole JP24073 (Amarc news release dated Jan 20, 2025a) intersected 1.40 g/t Au, 0.34 % Cu, 2.81 g/t Ag over 131.0 m, including a higher-grade subinterval averaging 1.62 g/t Au, 0.37 % Cu, 2.94 g/t Ag over 95.0 m. This intercept begins at 102 m below surface and was drilled westerly, towards the TDG-Freeport-Amarc property boundary, and was terminated at a downhole depth of 399 m, adjacent to the eastern TDG-Freeport-Amarc property boundary (Figure 1 & Figure 2). TDG has not independently verified the Freeport-Amarc drilling data, and mineralization hosted on adjacent properties is not necessarily indicative of mineralization hosted on TDG's property.
"The Toodoggone District is seeing a renaissance as a result of the AuRORA1 discovery. We are in the early days of determining the implications of this discovery, not only for how the Toodoggone District is viewed moving forward, but also for providing TDG and its stakeholders exposure to a priority drill target within metres of high-grade mineralization1," said Fletcher Morgan, CEO of TDG Gold Corp. Mr. Morgan continued by stating: "Utilizing the publicly available data, TDG's technical team has generated interpretative models of the AuRORA1 mineralization to assist with targeting of potential extensions. These models also utilized TDG's geological, geochemical and geophysical data with the objective of establishing a mineralization signature that can be used for targeting across TDG's extensive land holdings. With one of the largest land holding in the District, a substantial amount of historical exploration data and funding, TDG is well-positioned to undertake a broader exploration program across its holdings, in addition to drilling AuWEST, right on the boundary with AuRORA1."
Induced Polarization Geophysical Survey
Despite AuRORA's1 near surface nature, the mineralized zone does not appear to display a clear surficial geochemical signature and seems to be essentially a 'blind' target. However, based on Amarc's news release dated Jan 17, 2025b, an Induced Polarization ("IP") chargeability anomaly in excess of 20 millivolts per voltb ("mV/V") appears to correlate with the AuRORA1 discovery.
Based on these results over and around the AuRORA 1 discovery, TDG plans to undertake an IP survey over the southern portion of its GSN Property to evaluate potential extensions of the IP anomaly onto TDG's ground to assist with drill targeting.
Figure 1 - Location Map of TDG Targets.
Figure 2 - AuRORA1 Zone cross section looking due north. Envelope width 25 metres. Refer to Figure 1 for section location.
Airborne ZTEM Data Interpretation
Z-Tipper Electromagnetic ("ZTEM") geophysical technique is a deep penetrating airborne method that measures relative resistivity contrasts in the sub-surface. This method has the ability to discern relative resistivity contrasts that occur between differing rock types at depth - potentially including intrusive porphyry bodies.
TDG possesses the data from an historical and spatially extensive, detailed ZTEM and magnetic airborne dataset that covers the broader GSN-AuRORA1 area. This ZTEM data displays a geophysical response that substantiates geometry of the Amarc-reported mineralization at AuRORA1, and appears to support TDG's interpretation of a potential extension of AuRORA1 through to the AuWEST target. Similar responses in ZTEM geophysical data are also evident at TDG's Shasta South and Newberry targets, providing support for these areas as exploration targets.
Magnetic Responses and Implications for TDG
Porphyry systems commonly have anomalous magnetic patterns associated with Cu-Au mineralization. The presence (or absence via hydrothermal destruction of magnetite) of magnetite can cause distinct magnetic anomalies in geophysical surveys and may be an indicator of a porphyry centre situated vertically below or proximal to an anomalous magnetic response.
The AuRORA1 discovery displays, based on Amarc's news release dated Jan 17, 2025b, a magnetic signature due to the reported abundance of magnetite occurring in the rocks that appears to be spatially associated with the Au-Cu mineralization. TDG's Shasta South and Newberry targets are also host to discrete magnetic features with an amplitude and geometry comparable to that observed at AuRORA1, supporting the prioritization as exploration targets.
Soil Survey - AuRORA1 Pathfinders
At the same time as the IP survey, and to be completed prior to drill targeting, TDG will undertake an extensive soil survey covering the GSN area, subject to field conditions. Although a few generations of historical soil surveys exist in this area and outline strong geochemical anomalies immediately west of AuRORA 1, the data sets are often limited in extent and/or did not analyse for a complete package of trace element pathfinders typically associated with porphyry-style mineralization.
In addition to the obvious porphyry pathfinder elements of Cu, Au and Ag, a full suite of trace element geochemistry will be analysed and used to assist with drill target selection. The 2025 IP and soil surveys will help prioritize targets in this underexplored area prior to initial drill testing.
Geology
TDG has the benefit of a number of geological mapping programs over the GSN area, but many of these were undertaken with a focus on understanding regional geology and/or epithermal Au-Ag opportunities. Very little mapping has focused on the often subtle, but unique features of porphyry Cu-Au systems. TDG has retained the services of a team of experienced porphyry geologists who will be mapping and sampling the GSN area in parallel with the geophysical and geochemical programs with the objective of better understanding the geology of this area prior to drilling.
2025 Drilling
Following completion of IP and soil geochemistry over priority areas immediately west of AuRORA1, TDG plans to mobilize a helicopter portable drill rig in early July 2025 with an initial focus on testing the AuWEST target. Results-driven targeting may justify additional rigs to test other areas defined by the planned 2025 geophysical, geological and geochemistry surveys.
Qualified Person
The technical content of this news release has been reviewed and approved by Steven Kramar, MSc., P.Geo., Vice President, Exploration for TDG., a qualified person as defined by National Instrument 43-101.
Notes
1Adjacent Properties: The Company has no interest in, or rights to, any of the adjacent properties mentioned, and exploration results on adjacent properties are not necessarily indicative of mineralization on the Company's properties. Any references to exploration results on adjacent properties are provided for information only and do not imply any certainty of achieving similar results on the Company's properties.
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 TDG News Release Jan 08, 2025 and is available on the TDG Website. An updated technical report for the 2024 MRE will be filed within 45 days of January 8th, 2025, on Sedar+ https://www.sedarplus.ca/.
aAmarc Resources LTD, Amarc Announces Additional Drill Results from the AuRORA Copper-Gold-Silver Deposit Discovery in Collaboration with Freeport at the Joy District, British Columbia, Jan 20, 2025, Amarc Website (here).
bAmarc Resources LTD, Amarc Announces New High Grade "AuRORA" Copper-Gold-Silver Deposit Discovery in Collaboration with Freeport at the Joy District, British Columbia, Jan 17, 2025, Amarc Website (here).
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 most advanced 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. These 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 (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'; news release Jan 25, 2023) which abuts Amarc-Freeport's AuRORA discovery. 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).
ON BEHALF OF THE BOARD
Fletcher Morgan
Chief Executive Officer
For further information contact:
TDG Gold Corp.
Telephone: +1.604.536.2711
Email: info@tdggold.com
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 "expand", "represent", "apparent", "display", "potential", "demonstrate", "impressive", "appear", "corroborate", "anomaly", "realize", "considerable", "obvious", "establish", "extrapolate", "extensive", "leverage", "correlate", "discern", "common", "abundance", "steadfast", "similar", "evident", "support", "display", due to", "discrete", "compare", "expansive", "underexplored", "define", "plan", and variations of these words as well as other similar words or statements that certain events or conditions "could", "may", "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 uncertainty that any mineralization encountered on adjacent properties continues on to TDG tenure; the uncertainty that geological and/or geophysical and/or geochemical anomalies and/or any trends, interpretations, or conclusions based on adjacent properties have relevance to TDG's tenure; whether geophysical anomalies and targets located on TDG's properties represent epithermal and/or porphyry-style mineralization and, if so, whether such mineralization has economic potential; the actual results of current and planned exploration activities; the actual timing of current and planned exploration activities; the interpretation that the Greater Shasta-Newberry Target Area represents a larger mineralized system encompassing several target zones and the potential that such zones may represent additional mineralized target zones; changes in project parameters as plans to continue to be refined; 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.
SOURCE: TDG Gold Corp.
This story was originally published May 7, 2025 at 7:02 AM.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

This Artificial Intelligence Stock, Down 57%, Is Getting Ridiculously Cheap
This Artificial Intelligence Stock, Down 57%, Is Getting Ridiculously Cheap

Yahoo

time3 hours ago

  • Yahoo

This Artificial Intelligence Stock, Down 57%, Is Getting Ridiculously Cheap

Written by Puja Tayal at The Motley Fool Canada For years, technology has been putting development on steroids. Growing at a rapid scale, the internet, cloud, mobile, e-commerce, and now artificial intelligence (AI) have been changing the way we learn, work, and consume content. Such disruptions are difficult to value as they grow exponentially after every phase. Technology keeps upgrading, creating a consistent source of revenue for companies that power the tech or catch up to the trend. Several artificial intelligence stocks trade near their highs Several AI hardware stocks dipped between February and April 2025 as Trump tariff uncertainty slowed AI investment. They have now recovered. Among the names are Nvidia, Advanced Micro Devices, Broadcom, and Celestica. They make graphics processing units (GPUs), application-specific integrated circuits (ASICs), and networking units for AI data centres. However, the next step in the AI revolution is users of this AI hardware. Some of these companies are still investing in AI infrastructure and will see the returns in the coming months. Hence, their stocks are trading at a lower valuation than their future growth potential. This artificial intelligence stock is down 57% One such company is Hive Digital Technologies (TSXV:HIVE). You know this company for its Bitcoin mining, from which it earns 90% revenue. However, it made a move to AI and high-performance computing (HPC) infrastructure a few years back. This segment is fast-growing. In FY25 alone, revenue from AI/HPC surged 300% to US$10.1 million. Hive has named this segment BUZZ HPC business. BUZZ HPC segment is a vertical integration of Hive's Nvidia graphics processing unit (GPU)-powered data centres that mine Bitcoin. It is aggressively expanding its capacity on the back of strong demand. HIVE acquired a 7.2-megawatt (MW) facility in Toronto to support its HBC infrastructure and accelerate the development of a sovereign Canadian AI ecosystem. However, the biggest expansion is happening in Paraguay, where it is building a 300-MW capacity. It is expected to be completed by December 2025. The first phase of 100 MW became operational in Paraguay, increasing its Bitcoin mining hashrate from six Exahash per second (EH/s) to 11.5 EH/s in June 2025. At this capacity, it is mining 5.5 BTC daily. It aims to reach 25 EH/s by December 2025, mining 12.5 BTC daily. Hive is also acquiring Bitfarms's 200-MW hydro-powered Bitcoin mining facility in Paraguay to reach the 25 EH/s goal. Despite these investments, Hive's stock continued to trade 57% below its November 2024 high of $7.35, while Bitcoin prices surged 36%. It is because the Bitcoin Halving event on April 20, 2024, reduced Hive's revenue and gross operating margin to 22% in FY25 from 33% in FY24. However, Hive is increasing its capacity to sustain Bitcoin mining volumes. It will also use the new capacity to expand in the high-margin HPC business to reduce the impact of Bitcoin price volatility on its earnings. Is Hive a ridiculously cheap stock? Taking a long-term view of Hive stock, the decelerating Bitcoin mining revenue and exponential growth in HPC could see HPC revenue come on par with the mining revenue in a few years. Long-term investors can invest in Hive for its HPC business, where it is increasing capacity and market share. Hive is funding its expansion using some of the Bitcoin it mined. The company's profits will fluctuate with Bitcoin prices. The real value of this company lies in the enterprise value of $500 million, which is below the market capitalization of $492.3 million. Running at 18 EH/s capacity, Hive expects its revenue to grow fourfold to US$400 million from US$105 million in FY25. It expects its HPC business to grow 10-fold to US$100 million in annual recurring revenue. Even if Hive takes two to three years to achieve this growth, the stock is trading at an attractive valuation of 2.47 times the price-to-sales ratio. The company's strong fundamentals can help it sustain a downturn and grow in an upturn. At $2.23 per share, Hive stock is a buy-and-hold investment, as it can grow to $6 and above during a cyclical upturn. The post This Artificial Intelligence Stock, Down 57%, Is Getting Ridiculously Cheap appeared first on The Motley Fool Canada. More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love Fool contributor Puja Tayal has no position in any of the stocks mentioned. The Motley Fool recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Skeena Files Early Warning Report Regarding TDG Gold Corp.
Skeena Files Early Warning Report Regarding TDG Gold Corp.

Hamilton Spectator

time7 hours ago

  • Hamilton Spectator

Skeena Files Early Warning Report Regarding TDG Gold Corp.

VANCOUVER, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) — Skeena Resources Limited (TSX: SKE, NYSE: SKE) ('Skeena Gold & Silver', 'Skeena' or the 'Company') reports that it has filed an early warning report under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection to its shareholdings in TDG Gold Corp. (TSXV: TDG) ('TDG'). On July 14, 2025, Skeena acquired 6,666,667 Shares of TDG for an aggregate purchase price of C$4,000,000, or C$0.60 per Share, as back-end purchaser from several sellers that acquired the Shares in connection with an offering of flow-through Shares of TDG (the 'Share Purchase'). The Share Purchase was completed in connection with a broader 'bought deal' financing pursuant to which TDG issued (i) 17,150,000 non-flow-through Shares; (ii) 13,455,000 non-critical mineral charity flow-through Shares and (iii) 7,705,000 critical mineral charity flow-through Shares (the 'Offering'). Concurrently with the Offering, TDG closed an acquisition of Anyox Copper Ltd. ('Anyox'), pursuant to an amalgamation agreement date June 16, 2025 (the 'Acquisition', and together with the Share Purchase and the Offering, the 'Transactions'). Pursuant to the Acquisition, TDG acquired all of the outstanding common shares of Anyox in exchange for 54,559,565 Shares. Immediately prior to the Transactions, Skeena owned and controlled a total of 23,000,000 Shares, representing approximately 12.78% of the issued and outstanding Shares of TDG. As a result of and immediately following the Transactions, Skeena owned and controlled a total of 29,666,667 Shares of TDG, representing approximately 10.88% of the issued and outstanding Shares of TDG. The acquisition of the Shares was for investment purposes. Skeena may from time to time acquire additional securities of TDG, dispose of some or all of the existing or additional securities or may continue to hold its Shares. TDG's head office is located at Unit 1 - 15782 Marine Drive, White Rock, BC V4B 1E6 Canada. To obtain a copy of the early warning report filed under applicable Canadian securities laws in connection with the transactions hereunder, please see TDG's profile on the SEDAR+ website at . About Skeena Skeena is a leading precious metals developer that is focused on advancing the Eskay Creek Gold-Silver Project – a past producing mine located in the renowned Golden Triangle in British Columbia, Canada. Eskay Creek will be one of the highest-grade and lowest cost open-pit precious metals mines in the world, with substantial silver by-product production that surpasses many primary silver mines. Skeena is committed to sustainable mining practices and maximizing the potential of its mineral resources. In partnership with the Tahltan Nation, Skeena strives to foster positive relationships with Indigenous communities while delivering long-term value and sustainable growth for its stakeholders. On behalf of the Board of Directors of Skeena Gold & Silver, For further information, please contact: Galina Meleger Vice President Investor Relations E: info@ T: 604-684-8725 W: X / Facebook / LinkedIn / Instagram Skeena's Corporate Head office is located at Suite #2600 – 1133 Melville Street, Vancouver BC V6E 4E5 Cautionary note regarding forward-looking statements Certain statements and information contained or incorporated by reference in this news release constitute 'forward-looking information' and 'forward-looking statements' within the meaning of applicable Canadian and United States securities legislation (collectively, 'forward-looking statements'). These statements relate to future events or our future performance. The use of words such as 'anticipates', 'believes', 'proposes', 'contemplates', 'generates', 'targets', 'is projected', 'is planned', 'considers', 'estimates', 'expects', 'is expected', 'potential' and similar expressions, or statements that certain actions, events or results 'may', 'might', 'will', 'could', or 'would' be taken, achieved, or occur, may identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements. Specific forward-looking statements contained herein include, but are not limited to, statements regarding the progress of development at Eskay, including the construction budget, schedule and required funding in respect thereof; the timing for and the Company's progress towards commencement of commercial production; and the results of the Definitive Feasibility Study, processing capacity of the mine, anticipated mine life, probable reserves, estimated project capital and operating costs, sustaining costs, results of test work and studies, planned environmental assessments, the future price of metals, metal concentrate, and future exploration and development. Such forward-looking statements are based on material factors and/or assumptions which include, but are not limited to, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and the assumptions set forth herein and in the Company's MD&A for the year ended December 31, 2024, its most recently filed interim MD&A, and the Company's Annual Information Form ('AIF') dated March 31, 2025. Such forward-looking statements represent the Company's management expectations, estimates and projections regarding future events or circumstances on the date the statements are made, and are necessarily based on several estimates and assumptions that, while considered reasonable by the Company as of the date hereof, are not guarantees of future performance. Actual events and results may differ materially from those described herein, and are subject to significant operational, business, economic, and regulatory risks and uncertainties. The risks and uncertainties that may affect the forward-looking statements in this news release include, among others: the inherent risks involved in exploration and development of mineral properties, including permitting and other government approvals; the receipt and timing of the environmental assessment certificate,; changes in economic conditions, including changes in the price of gold and other key variables; changes in mine plans and other factors, including accidents, equipment breakdown, bad weather and other project execution delays, many of which are beyond the control of the Company; environmental risks and unanticipated reclamation expenses; and other risk factors identified in the Company's MD&A for the year ended December 31, 2024, its most recently filed interim MD&A, the AIF dated March 31, 2025 the Company's short form base shelf prospectus dated March 19, 2025, and in the Company's other periodic filings with securities and regulatory authorities in Canada and the United States that are available on SEDAR+ at or on EDGAR at . Readers should not place undue reliance on such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and the Company does not undertake any obligations to update and/or revise any forward-looking statements except as required by applicable securities laws.

Alphabet (GOOGL) Gets Price Target Hike to $215 as AI Momentum Builds
Alphabet (GOOGL) Gets Price Target Hike to $215 as AI Momentum Builds

Yahoo

time15 hours ago

  • Yahoo

Alphabet (GOOGL) Gets Price Target Hike to $215 as AI Momentum Builds

July 21 - Morgan Stanley raised its price target on Alphabet (NASDAQ:GOOGL) to $205 from $185, citing stronger innovation cycles and improving transparency, according to a recent note. The firm maintained its "Overweight" rating and said it's monitoring whether the tech giant can guide investor sentiment toward $10+ EPS in 2026. Analysts also pointed to growth in generative AI engagement and monetization potential as a positive driver. Warning! GuruFocus has detected 3 Warning Sign with ORRF. Morgan Stanley noted that while the DOJ's ongoing search-related investigation may extend into late 2025, Alphabet's profitability in core search and its product momentum remain focal points for long-term investors. Post-earnings updates expected by next week could influence market confidence further. The firm flagged potential outcomes from the DOJ case, including remedies that may clear the way for a broader Gemini partnership with Apple (NASDAQ:AAPL). Alphabet recently secured preliminary court approval to settle a shareholder derivative suit, with no admission of wrongdoing, according to an SEC filing. Based on the one year price targets offered by 51 analysts, the average target price for Alphabet Inc is $203.34 with a high estimate of $250.00 and a low estimate of $160.00. The average target implies a upside of +9.88% from the current price of $185.06. Based on GuruFocus estimates, the estimated GF Value for Alphabet Inc in one year is $199.27, suggesting a upside of +7.68% from the current price of $185.06 This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store