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TDG Gold Extends IP Anomaly Across Boundary from Aurora(1) Discovery and Identifies a Nearby New Geophysical Anomaly, Drilling About to Commence
TDG Gold Extends IP Anomaly Across Boundary from Aurora(1) Discovery and Identifies a Nearby New Geophysical Anomaly, Drilling About to Commence

Miami Herald

time16-07-2025

  • Business
  • Miami Herald

TDG Gold Extends IP Anomaly Across Boundary from Aurora(1) Discovery and Identifies a Nearby New Geophysical Anomaly, Drilling About to Commence

WHITE ROCK, BC / ACCESS Newswire / July 16, 2025 / TDG Gold Corp. (TSXV:TDG)(OTCQX:TDGGF) (the "Company" or "TDG") is pleased to provide an update on the recently initiated reconnaissance and characterization Induced Polarization ("IP") geophysical survey to the west of Freeport McMoran-Amarc Resources' ("Freeport-Amarc") AuRORA1 gold-rich copper porphyry discovery. AuRORA1 lies immediately adjacent to the Company's 100% owned Greater Shasta-Newberry ("GSN") project in the evolving Toodoggone District of northern British Columbia. HIGHLIGHTS: IP anomaly ("AuWEST") identified that is contiguous to and may be indicative of an extension of Freeport-Amarc's AuRORA1 mineralization;Phase I drilling program anticipated to begin July 17, 2025, at TDG's AuWEST;Mapping, soil sampling, and other geological studies are underway with the objective of identifying new targets or to better define existing ones;TDG is fully funded to conduct an extensive exploration program in 2025. Figure 1. Plan Map of IP Anomalies at GSN relative to TDG's model for the AuRORA1 mineralization. 2025 Induced Polarization Reconnaissance and Characterization Survey IP geophysical surveys are known to be an effective technique in identifying disseminated- and stockwork-style sulphides that are often associated with porphyry copper-gold-silver ("Cu-Au-Ag") mineralization, manifesting as a chargeability anomaly. The GSN project has never been surveyed with IP methods and, to date, the data from three wide-spaced lines completed adjacent to, and to the west of, AuRORA1 have been deemed fit for purpose and utilized for targeting at AuWEST, a potential extension to the AuRORA1 mineralization. The first line is located ~75 metres ("m") from the Freeport-Amarc boundary with 250 m spacing between the remaining lines (Figure 1). The purpose of this work was to better understand the geophysical signature of the AuRORA1 Cu-Au-Ag mineralization, to test for possible extensions of AuRORA1 onto TDG's mineral tenure, and provide a model for drill targeting potential AuRORA1 analogues along the 12 kilometre ("km") structural corridor identified on TDG's mineral claims (news release Mar 03, 2025). A chargeability anomaly in excess of ~23 millivolts per volt ("mV/V") on strike and apparently contiguous with the AuRORA1 mineralization has been identified near surface, and extending to a vertical depth of ~350 m. At surface along the property boundary, the anomaly has a north-south extent of ~320 m and has an apparent plunge to the west. Additional lines are necessary to determine true strike length of the anomaly. This anomaly may represent a potential extension to the AuRORA1-style mineralization at TDG's AuWEST target (news release May 07, 2025) and southwest within GSN (Figure 2). Given the nearby AuRORA1 mineralization, this anomaly clearly merits drill testing. Further, a second chargeability anomaly has been identified with a similar signature, exceeding 23 mV/V, underlying the IP anomaly associated with AuWEST (Figure 2). Data from additional infill and reconnaissance IP lines are currently being processed and interpreted. Surveyed areas that generate similar anomalous geophysical responses to that associated with AuRORA1 will be followed up with infill surveys to provide enhanced detail prior to drilling. Figure 2. Cross Section A-A' (From Figure 1) illustrating > 23 mV/V IP anomalies adjacent to TDG's model for the AuRORA1 mineralization. Drill Mobilized to Project Site Drill crews and equipment for a helicopter-supported drill program have begun mobilizing to the project site. Initial drill holes will test for potential mineralized western extensions of the AuRORA1 mineralization, on to TDG's mineral claims, guided by the new geophysical data set. Drilling is expected to begin shortly after July 17, 2025. Qualified Person The technical content of this news release has been reviewed and approved by Steven Kramar, MSc., 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. 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). About TDG Gold Corp. TDG is a major mineral tenure holder in the Toodoggone District of north-central British Columbia, Canada, with 100% ownership of ~50,000 hectares of brownfield and greenfield exploration ground. In 2023, TDG defined the 5.5 Greater Shasta-Newberry exploration target area (news release Jan 25, 2023) which is located directly adjacent to the gold-rich copper porphyry AuRORA1 discovery announced by Freeport McMoran Inc. and Amarc Resources Ltd. (news release Jan 17, 2025). In 2024, TDG identified new copper-gold target areas over an expanded footprint covering ~53 known as the 'Baker Complex' (news release Feb 28, 2024), including the North Quartz (news release Apr 02, 2024) and Trident (news release Mar 07, 2024) targets. TDG's other Toodoggone projects within the property package include the former producing, gold-silver Shasta and gold-silver-copper 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 2025, TDG published an updated Mineral Resource Estimate for Shasta (news release Jan 08, 2025), which remains open at depth and along strike. In July 2025, TDG closed the acquisition of Anyox Copper Ltd. ("Anyox", news release July 14, 2025) which holds a combination of crown grants (100% owned and optioned) and mineral claims totaling over 10,000 hectares including the former producing Hidden Creek copper-gold mine - all located within the Anyox peninsula at the southern tip of BC's Golden Triangle. Exploration at Anyox will commence in late 2025 and gives TDG a first mover advantage to a VMS horizon within a significant past-producing district with copper-gold-lead-zinc-silver potential. ON BEHALF OF THE BOARD Fletcher MorganChief Executive Officer For further information contact:TDG Gold +1.604.536.2711Email: info@ 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 "represent", "expect", "anticipate", "evolve" "identify", "anomaly", "effective", "potential", "constitute", "extend", "extension", "merit", "manifest", "possible" "associate", "objective", "indicative" 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; whether or not the drill and/or support crews will mobilize and be ready to drill by July 17, 2025; 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 (including chargeability anomalies) and/or any trends, interpretations, or conclusions located on TDG's properties represent epithermal and/or porphyry-style mineralization and, if so, whether such mineralization has economic potential; whether the results of such surveys will provide a better understanding of the geology and any mineralization; whether or not the results of such surveys will lead to drill target generation; whether disseminated sulphides are associated with potentially economic mineralization, including epithermal or porphyry copper deposits; 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; the interpretation that the 12 km structural corridor represents a larger mineralized system encompassing several target zones and the potential that such zones may represent additional mineralized target zones; whether or not TDG's exploration is fully funded; 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.

TDG Gold Mobilizes Field Team to Greater Shasta-Newberry Copper-Gold Project, Toodoggone
TDG Gold Mobilizes Field Team to Greater Shasta-Newberry Copper-Gold Project, Toodoggone

Miami Herald

time12-06-2025

  • Business
  • Miami Herald

TDG Gold Mobilizes Field Team to Greater Shasta-Newberry Copper-Gold Project, Toodoggone

Exploration scheduled to commence in June 2025 with IP followed by Drilling WHITE ROCK, BC / ACCESS Newswire / June 12, 2025 / TDG Gold Corp. (TSXV:TDG)(OTCQX:TDGGF) (the "Company" or "TDG") is pleased to announce that its field team has mobilized and will shortly commence TDG's funded 2025 exploration program within the Company's expansive and 100%-owned Greater Shasta-Newberry ("GSN") Project (Figure 1) in the Toodoggone District of British Columbia (Figure 2). Field activities will start with a combination of: (i) soil and rock geochemistry, (ii) Induced Polarisation ("IP") geophysics, (iii) Time-domain electromagnetic geophysics, (iv) ground based magnetic geophysics and, (v) detailed geological mapping (Figure 3), followed by drilling, with the objective of defining copper +/- gold drill targets. The initial focus will be on the area encompassing the Greater Shasta, Newberry and AuWEST areas and will then expand to cover key parts of the 12 kilometre ("km") structural corridor previously defined by TDG (news release Mar 03, 2025). This corridor hosts the Freeport-Amarc AuRORA1 discovery along with TDG's Trident target (news release Mar 07, 2024) and East Spur target (news release Mar 03, 2025). HQ diamond drilling is expected to commence in mid-July with the first drillhole located less than 10 metres from the GSN-AuRORA1 boundary. A further two drillholes are expected to be drilled from the same pad in close proximity to the mineral tenure boundary and the AuRORA1discovery. Additional pads, drillholes and drill rigs are expected to be deployed based on results from the targeting studies as part of a proposed more extensive drill program at GSN and including additional targets prioritized within the 12 km structural corridor. Steven Kramar, TDG's Vice President Exploration, commented: "TDG's planned field program this season represents a step change in our focus and coverage as we seek to evaluate and drill test a number of copper +/- gold porphyry opportunities on our side of the boundary of the AuRORA1 discovery, and beyond. Operations will be based out of our Baker camp located ~8 km by road from GSN. We are well-funded, and our camp is fully winterized - hence, we anticipate being able to operate through to the end of October and into November, if warranted." Figure 1 - GSN-AuRORA1 Vicinity. Figure 2 - Map of the Northern Toodoggone. Figure 3 - 2025 Planned Exploration Activities (Shown with Airborne Reduced-to-Pole Magnetic Data). Qualified Person The technical content of this news release has been reviewed and approved by Steven Kramar, MSc., 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 Shasta Mineral Resource Estimate ("Shasta MRE") contained in this news release is derived from the Technical Report dated February 21st, 2025 (with an effective date of December 29, 2024) titled "2025 Updated Resource Estimate For The Shasta Deposit" (the "2025 Technical Report") prepared by Sue Bird, MSc., 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 2025 Technical Report and reference should be made to the full text of the 2025 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 About TDG Gold Corp. TDG is a major mineral tenure holder in the Toodoggone District of north-central British Columbia, Canada, with 100% ownership of ~50,000 hectares of brownfield and greenfield exploration ground. In 2023, TDG defined the 5.5 Greater Shasta-Newberry exploration target area (news release Jan 25, 2023) which is located directly adjacent to the gold-rich copper porphyry AuRORA1 discovery announced by Freeport McMoran Inc. and Amarc Resources Ltd. (news release Jan 17, 2025). In 2024, TDG identified new copper-gold target areas over an expanded footprint covering ~53 known as the 'Baker Complex' (news release Feb 28, 2024), including the North Quartz (news release Apr 02, 2024) and Trident (news release Mar 07, 2024) targets. In January 2025, TDG identified an additional porphyry copper +/- molybdenum target at Erebus located within TDG's Bot project (news release Jan 17, 2025). In February 2025, TDG completed the Sofia acquisition, which includes porphyry copper +/- molybdenum +/- gold targets (ARIS Report 41231). TDG's other projects within the property package include the former producing, gold-silver Shasta and gold-silver-copper 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 2025, TDG published an updated Mineral Resource Estimate2 for Shasta (news release Jan 08, 2025), which remains open at depth and along strike. ON BEHALF OF THE BOARD Fletcher MorganChief Executive Officer For further information contact: TDG Gold +1.604.536.2711Email:info@ 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 "expansive", "represent", "expect", "opportunity", "evaluate", "anticipate", "extensive" "objective", , 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; the interpretation that the 12 km structural corridor 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.

TDG Gold Mobilizes Field Team to Greater Shasta-Newberry Copper-Gold Project, Toodoggone
TDG Gold Mobilizes Field Team to Greater Shasta-Newberry Copper-Gold Project, Toodoggone

Associated Press

time12-06-2025

  • Business
  • Associated Press

TDG Gold Mobilizes Field Team to Greater Shasta-Newberry Copper-Gold Project, Toodoggone

Exploration scheduled to commence in June 2025 with IP followed by Drilling WHITE ROCK, BC / ACCESS Newswire / June 12, 2025 / TDG Gold Corp. (TSXV:TDG)(OTCQX:TDGGF) (the 'Company' or 'TDG') is pleased to announce that its field team has mobilized and will shortly commence TDG's funded 2025 exploration program within the Company's expansive and 100%-owned Greater Shasta-Newberry ('GSN') Project (Figure 1) in the Toodoggone District of British Columbia (Figure 2). Field activities will start with a combination of: (i) soil and rock geochemistry, (ii) Induced Polarisation ('IP') geophysics, (iii) Time-domain electromagnetic geophysics, (iv) ground based magnetic geophysics and, (v) detailed geological mapping (Figure 3), followed by drilling, with the objective of defining copper +/- gold drill targets. The initial focus will be on the area encompassing the Greater Shasta, Newberry and AuWEST areas and will then expand to cover key parts of the 12 kilometre ('km') structural corridor previously defined by TDG (news release Mar 03, 2025 ). This corridor hosts the Freeport-Amarc AuRORA1 discovery along with TDG's Trident target (news release Mar 07, 2024 ) and East Spur target (news release Mar 03, 2025 ). HQ diamond drilling is expected to commence in mid-July with the first drillhole located less than 10 metres from the GSN-AuRORA1 boundary. A further two drillholes are expected to be drilled from the same pad in close proximity to the mineral tenure boundary and the AuRORA1discovery. Additional pads, drillholes and drill rigs are expected to be deployed based on results from the targeting studies as part of a proposed more extensive drill program at GSN and including additional targets prioritized within the 12 km structural corridor. Steven Kramar, TDG's Vice President Exploration, commented: 'TDG's planned field program this season represents a step change in our focus and coverage as we seek to evaluate and drill test a number of copper +/- gold porphyry opportunities on our side of the boundary of the AuRORA1 discovery, and beyond. Operations will be based out of our Baker camp located ~8 km by road from GSN. We are well-funded, and our camp is fully winterized - hence, we anticipate being able to operate through to the end of October and into November, if warranted.' Figure 1 - GSN-AuRORA1 Vicinity. Figure 2 - Map of the Northern Toodoggone. Figure 3 - 2025 Planned Exploration Activities (Shown with Airborne Reduced-to-Pole Magnetic Data). Qualified Person The technical content of this news release has been reviewed and approved by Steven Kramar, MSc., 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 Shasta Mineral Resource Estimate ('Shasta MRE') contained in this news release is derived from the Technical Report dated February 21st, 2025 (with an effective date of December 29, 2024) titled '2025 Updated Resource Estimate For The Shasta Deposit' (the '2025 Technical Report') prepared by Sue Bird, MSc., 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 2025 Technical Report and reference should be made to the full text of the 2025 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 About TDG Gold Corp. TDG is a major mineral tenure holder in the Toodoggone District of north-central British Columbia, Canada, with 100% ownership of ~50,000 hectares of brownfield and greenfield exploration ground. In 2023, TDG defined the 5.5 Greater Shasta-Newberry exploration target area (news release Jan 25, 2023 ) which is located directly adjacent to the gold-rich copper porphyry AuRORA1 discovery announced by Freeport McMoran Inc. and Amarc Resources Ltd. (news release Jan 17, 2025 ). In 2024, TDG identified new copper-gold target areas over an expanded footprint covering ~53 known as the 'Baker Complex' (news release Feb 28, 2024 ), including the North Quartz (news release Apr 02, 2024 ) and Trident (news release Mar 07, 2024 ) targets. In January 2025, TDG identified an additional porphyry copper +/- molybdenum target at Erebus located within TDG's Bot project (news release Jan 17, 2025 ). In February 2025, TDG completed the Sofia acquisition, which includes porphyry copper +/- molybdenum +/- gold targets ( ARIS Report 41231 ). TDG's other projects within the property package include the former producing, gold-silver Shasta and gold-silver-copper 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 2025, TDG published an updated Mineral Resource Estimate2 for Shasta (news release Jan 08, 2025 ), which remains open at depth and along strike. 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 'expansive', 'represent', 'expect', 'opportunity', 'evaluate', 'anticipate', 'extensive' 'objective', , 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; the interpretation that the 12 km structural corridor 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. press release

TDG Gold Upsizes Non-Brokered Private Placement
TDG Gold Upsizes Non-Brokered Private Placement

Associated Press

time27-01-2025

  • Business
  • Associated Press

TDG Gold Upsizes Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES WHITE ROCK, BC / ACCESS Newswire / January 27, 2025 / TDG Gold Corp. (TSXV:TDG) (the 'Company' or 'TDG') is pleased to announce that due to significant investor demand, the Company has increased the size of its non-brokered private placement previously announced on January 27, 2025 (the 'Offering'), to aggregate gross proceeds of up to $15,550,000, up from the previously announced maximum gross proceeds of $14,550,000. Under the new terms of the Offering, up to 8,000,000 non-flow-through shares of the Company (the 'NFT Shares') will be issued at a price of $0.50 per NFT Share, for gross proceeds of up to $4,000,000, which is now fully subscribed. The terms of the 14,000,000 charity flow-through shares of the Company (the 'Charity FT Shares') to be issued at a purchase price of $0.825 per Charity FT Share for gross proceeds of $11,550,000, with Skeena Resources Limited ('Skeena') as the back-end purchaser of all 14,000,000 Charity FT Shares, remain unchanged. Skeena will acquire the Charity FT Shares from the original subscribers at a purchase price of $0.50 per Charity FT Share. The Company intends to use the net proceeds of the Offering for (i) continued exploration on TDG's mineral properties in British Columbia, with a principal focus on the Greater Shasta-Newberry project and Baker Complex, and (ii) general working capital. All securities issued in connection with the Offering will be subject to a four-month and a day hold period from the date of issuance thereof. Finder's fees may be payable on portions of the Offering. The Company's acquisition of the Sofia Property from Skeena (the 'Acquisition'), as announced on January 27, 2025, and the Offering are expected to close concurrently, and remain subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange (the 'Exchange'). Caution to US Investors This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act') or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. 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 projects include 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 January 2025, TDG published an updated Mineral Resource Estimate for Shasta (news release January 08, 2025) 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 is located directly adjacent to the AuRORA discovery announced by Freeport McMoran Inc. and Amarc Resources Ltd (news release January 17, 2025). In early 2024, TDG identified new copper-gold target areas over an expanded footprint covering ~53 known as the 'Baker Complex' (news release Feb 28, 2024) and which is on trend with the AuRORA discovery. Qualified Person The technical content of this news release has been reviewed and approved by Steven Kramar, MSc., Vice President, Exploration for TDG Gold Corp., a qualified person as defined by National Instrument 43-101. ON BEHALF OF THE BOARD Fletcher Morgan Chief Executive Officer For further information contact: TDG Gold Corp., Telephone: +1.604.536.2711 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. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, are forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements that relate to the completion of the Acquisition or the Offering, and timely receipt of all necessary approvals, including any requisite approval of the Exchange, and exploration plans of the Company. Statements contained in this release that are not historical facts, including all statements regarding the planned completion of the Acquisition and the Offering, are forward-looking statements that involve various risks and uncertainty affecting the business of the Company. Such statements can generally, but not always, be identified by words such as 'adjacent', 'plans', 'rapid', 'intends', 'focus', 'extension', 'accelerate', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. All statements that describe the Company's plans relating to operations and potential strategic opportunities are forward-looking statements under applicable securities laws. These statements address future events and conditions and are reliant on assumptions made by the Company's management, and so involve inherent risks and uncertainties, including, the inability to satisfy the conditions precedent to complete the Acquisition, the inability to complete the Offering, the inability to obtain all necessary regulatory approvals for the Acquisition and the Offering, consents or authorizations required for mining activities, environmental regulations or hazards and compliance with complex regulations associated with mining activities, climate change and climate change regulations, fluctuations in exchange rates, the business objectives of the Company, 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 Shasta-like deposits, the uncertainty that any mineralization encountered on adjacent properties continues on to TDG tenure, the uncertainty that geological and/or geophysical and/or any trends, interpretations, or conclusions related to adjacent properties have relevance to TDG tenure, changes in project parameters as plans to continue to be refined; accidents, labour disputes and other risks of the mining industry and such further risks as disclosed in the Company's periodic filings with Canadian securities regulators. As a result of these risks and uncertainties, and the assumptions underlying the forward-looking information, actual results could materially differ from those currently projected, and there is no representation by the Company that the actual results realized in the future will be the same in whole or in part as those presented herein. Readers are referred to the additional information regarding the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that could cause actions, events or results not to be as anticipated, estimated or intended. For more information on the Company and the risks and challenges of its business, investors should review the Company's filings that are available at The Company provides no assurance that forward-looking statements and information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not undertake to update any forward-looking statements, other than as required by law.

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