TSX Gems: McCoy Global And 2 Other Promising Penny Stocks
With recent fluctuations in bond yields and potential changes to U.S.-Canada tax treaties, Canadian investors are navigating a complex landscape. Amid these broader market dynamics, penny stocks remain an intriguing area for those interested in smaller or newer companies. Although the term "penny stocks" might seem outdated, it still represents opportunities for growth by focusing on firms with solid financial foundations and potential for long-term success.
Name
Share Price
Market Cap
Financial Health Rating
Westbridge Renewable Energy (TSXV:WEB)
CA$0.76
CA$73.84M
★★★★★★
NTG Clarity Networks (TSXV:NCI)
CA$2.67
CA$107.9M
★★★★★★
Intermap Technologies (TSX:IMP)
CA$2.26
CA$132.09M
★★★★★☆
Thor Explorations (TSXV:THX)
CA$0.70
CA$465.71M
★★★★★★
Orezone Gold (TSX:ORE)
CA$1.23
CA$669.5M
★★★★★☆
McChip Resources (TSXV:MCS)
CA$0.84
CA$4.57M
★★★★★★
Hemisphere Energy (TSXV:HME)
CA$1.80
CA$173.01M
★★★★★★
PetroTal (TSX:TAL)
CA$0.60
CA$539.84M
★★★★★☆
Pulse Seismic (TSX:PSD)
CA$2.63
CA$131.96M
★★★★★★
Findev (TSXV:FDI)
CA$0.45
CA$12.75M
★★★★★★
Click here to see the full list of 900 stocks from our TSX Penny Stocks screener.
Let's review some notable picks from our screened stocks.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: McCoy Global Inc. offers equipment and technologies for tubular running operations to improve wellbore integrity and data collection in the energy industry across various global regions, with a market cap of CA$97.66 million.
Operations: The company generates revenue from its Energy Products & Services (EP&S) segment, which amounted to CA$80.32 million.
Market Cap: CA$97.66M
McCoy Global Inc. has demonstrated solid financial performance, with a recent earnings growth of 26.7%, surpassing the broader Energy Services industry. The company remains debt-free and has maintained stable weekly volatility at 13%. Recent announcements highlight successful commercialization of its smarTR™ technology, securing $11 million in contracts, which could enhance future revenue streams. Despite trading significantly below its estimated fair value, McCoy's return on equity is relatively low at 13.4%. The board and management teams are experienced, contributing to the company's strategic direction and operational stability amidst an unstable dividend track record.
Take a closer look at McCoy Global's potential here in our financial health report.
Explore McCoy Global's analyst forecasts in our growth report.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Regulus Resources Inc. is a mineral exploration company active in Canada and Peru, with a market cap of CA$261.78 million.
Operations: Regulus Resources Inc. has not reported any revenue segments.
Market Cap: CA$261.78M
Regulus Resources Inc., with a market cap of CA$261.78 million, is currently pre-revenue, focusing on mineral exploration in Canada and Peru. The company has a cash runway of over two years if free cash flow continues to grow as historically observed. Recent updates highlight progress in the Nuton Phase Two metallurgical test program at the AntaKori project, achieving promising copper extraction rates using bio-leaching technology. Additionally, Regulus is advancing an integrated resource estimate for the Integrated Sulphide Project with Coimolache S.A., aiming to optimize geological understanding and resource potential. The company remains debt-free with stable short-term financials.
Jump into the full analysis health report here for a deeper understanding of Regulus Resources.
Explore historical data to track Regulus Resources' performance over time in our past results report.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Theralase Technologies Inc. is a clinical stage pharmaceutical company focused on the research, development, and commercialization of light-activated photodynamic compounds for treating cancers, bacteria, and viruses globally, with a market cap of CA$47.27 million.
Operations: The company's revenue is primarily derived from its Device segment, which generated CA$1.03 million.
Market Cap: CA$47.27M
Theralase Technologies Inc., with a market cap of CA$47.27 million, is a clinical-stage pharmaceutical company currently pre-revenue, focusing on light-activated compounds for treating various diseases. The company's short-term assets of CA$1.6 million exceed its liabilities, providing some financial stability despite recent auditor concerns about its ability to continue as a going concern. Theralase has made significant strides in its clinical trials for bladder cancer treatment and is actively seeking commercialization partners as it nears completion of Study II. Recent preclinical results also show promising efficacy in cancer and viral treatments, potentially enhancing future revenue streams.
Dive into the specifics of Theralase Technologies here with our thorough balance sheet health report.
Gain insights into Theralase Technologies' future direction by reviewing our growth report.
Take a closer look at our TSX Penny Stocks list of 900 companies by clicking here.
Interested In Other Possibilities? Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include TSX:MCB TSXV:REG and TSXV:TLT.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@simplywallst.com
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Associated Press
7 minutes ago
- Associated Press
HyProMag USA Receives "Make More in America" Domestic Finance Letter of Interest for up to US$92 Million From US EXIM Bank
LONDON, UK AND VANCOUVER, BC / ACCESS Newswire / June 12, 2025 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ('CoTec') and Mkango Resources Ltd. (AIM:MKA)(TSXV:MKA) ('Mkango') are pleased to announce HyProMag USA, LLC, a Delaware corporation ('HyProMag USA' or the 'Project') has received a Make More in America (MMIA) domestic finance letter of interest ('LOI') from the U.S. Export-Import ('EXIM') Bank for its first integrated rare earth recycling and magnet making facility in Dallas-Fort Worth, Texas. In terms of the letter, EXIM may be able to consider potential financing of up to $92 million of the project's costs with a repayment tenor of 10 years. Julian Treger, CoTec CEO commented: 'We are very pleased with EXIM's interest in the Project. The Project is strongly aligned with EXIM's 'Make More in America' initiative, which provides beneficial financing terms for U.S. companies facing oversees competition to ensure the United States reshores certain critical export areas, including the domestic manufacturing of permanent NdFeB magnets. We believe that the Project could be a major contributor to the United States' targeted permanent magnet independence and the speed at which HyProMag USA's capabilities could be deployed distinguishes the Project from potential competitors.' Will Dawes, Mkango CEO commented: 'The HyProMag USA development will be transformational for rare earth supply chains in the United States, and we are very pleased to see this reflected in the interest from EXIM. With the detailed engineering phase for the project well underway, HyProMag USA is well positioned to create a major new domestic hub for recycling and magnet manufacturing, and a platform for further growth in North America.' The issuance of this LOI is aligned with Executive Order 2421 of March 20, 2025 'Immediate Measures to Increase American Mineral Production' which includes near-term actions to be determined and implemented by the agencies to fast-track permits, mobilize capital for mineral producers, and create offtake agreements for strategic stockpiling for minerals critical to the United States' defense, technology, and energy. HyProMag is commercializing Hydrogen Processing of Magnet Scrap (HPMS) recycling technology in the UK, Germany and the United States. HPMS technology was developed at the Magnetic Materials Group (MMG) at the University of Birmingham, underpinned by approximately US$100 million of research and development funding, and has major competitive advantages versus other rare earth magnet recycling technologies, which are largely focused on chemical processes but do not solve the challenges of liberating magnets from end-of-life scrap streams. In November 2024, HyProMag announced an independent Feasibility Study which includes a Dallas Fort Worth recycling and magnet Hub, and two pre-processing facilities located in South Carolina and Nevada respectively[i]. In March 2025, HyProMag USA announced the expansion of the detailed engineering phase to include three HPMS vessels[ii] and that it was initiating concept studies for further expansion and complementary 'Long Loop' recycling[iii]. The DFW Hub's annual production is expected to be 750 metric tons per annum of recycled sintered NdFeB magnets and 807 metric tons per annum of associated NdFeB co-products (total payable capacity - 1,557 metric tons NdFeB within five years of commissioning) over a 40-year operating life. It is expected the production facility will provide significant optionality to supply the U.S. market with additional NdFeB alloy powder while assisting in revitalising the U.S. magnet sector with the creation of 90-100 skilled magnet manufacturing jobs. In March 2025, HyProMag USA announced the results of an independent ISO-Compliant product carbon footprint study which confirmed an exceptionally low CO2 footprint of 2.35 kg CO2 eq. per kg of NdFeB cut sintered block product.[iv] Ownership HyProMag USA is owned 50:50 by CoTec and HyProMag Limited ('HyProMag'). HyProMag is 100 per cent owned by Maginito Limited ('Maginito'), which is owned on a 79.4/20.6 per cent basis by Mkango and CoTec. About CoTec Holdings Corp. CoTec is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange ('TSX-V') and the OTCQB and trades under the symbols CTH and CTHCF respectively. CoTec Holdings Corp. is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employs a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining, and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec's strategic model delivers low capital requirements, rapid revenue generation, and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector. For more information, please visit About Mkango Resources Ltd. Mkango is listed on the AIM and the TSX-V. Mkango's corporate strategy is to become a market leader in the production of recycled rare earth magnets, alloys and oxides, through its interest in Maginito Limited, which is owned 79.4 per cent by Mkango and 20.6 per cent by CoTec, and to develop new sustainable sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand from electric vehicles, wind turbines and other clean energy technologies. Maginito holds a 100 per cent interest in HyProMag and a 90 per cent direct and indirect interest (assuming conversion of Maginito's convertible loan) in HyProMag GmbH, focused on short loop rare earth magnet recycling in the UK and Germany, respectively, and a 100 per cent interest in Mkango Rare Earths UK Ltd ('Mkango UK'), focused on long loop rare earth magnet recycling in the UK via a chemical route. Maginito and CoTec are rolling out HPMS recycling technology into the United States via the 50/50 owned HyProMag USA joint venture company. Mkango also owns the advanced stage Songwe Hill rare earths project in Malawi ('Songwe') and the Pulawy rare earths separation project in Poland ('Pulawy'). Both the Songwe and Pulawy projects have been selected as Strategic Projects under the European Union Critical Raw Materials Act. Mkango has signed a letter of Intent with Crown PropTech Acquisitions to list the Songwe and Pulawy projects on NASDAQ via a SPAC Merger. For more information, please visit Market Abuse Regulation (MAR) Disclosure The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR'), which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain. Cautionary Note Regarding Forward-Looking Statements This news release contains forward-looking statements (within the meaning of that term under applicable securities laws) with respect to Mkango and CoTec. Generally, forward-looking statements can be identified by the use of words such as 'plans', 'expects' or 'is expected to', 'scheduled', 'estimates' 'intends', 'anticipates', 'believes', or variations of such words and phrases, or statements that certain actions, events or results 'can', 'may', 'could', 'would', 'should', 'might' or 'will', occur or be achieved, or the negative connotations thereof. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. Such factors and risks include, without limiting the foregoing, the availability of the potential financing from EXIM, the expected annual production from HyProMag USA, the availability of (or delays in obtaining) financing to develop Songwe Hill, the Recycling Plants being developed by Maginito in the UK, Germany and the United States (the 'Maginito Recycling Plants'), governmental action and other market effects on global demand and pricing for the metals and associated downstream products for which Mkango is exploring, researching and developing, geological, technical and regulatory matters relating to the development of Songwe Hill, the ability to scale the HPMS and chemical recycling technologies to commercial scale, competitors having greater financial capability and effective competing technologies in the recycling and separation business of Maginito and Mkango, availability of scrap supplies for Maginito's recycling activities, government regulation (including the impact of environmental and other regulations) on and the economics in relation to recycling and the development of the Maginito Recycling Plants, and the Pulawy separation plant and future investments in the United States pursuant to the proposed cooperation agreement between Maginito and CoTec, the outcome and timing of the completion of the Feasibility Studies, cost overruns, complexities in building and operating the plants, and the positive results of Feasibility Studies on the various proposed aspects of Mkango's, Maginito's and CoTec's activities. The forward-looking statements contained in this press release are made as of the date of this news release. Except as required by law, the Company and CoTec disclaim any intention and assume no obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law. Additionally, the Company and CoTec undertake no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. For further information on CoTec, please contact: CoTec Holdings Corp. Braam Jonker Chief Financial Officer [email protected] +1 604 992-5600 For further information on Mkango, please contact: Mkango Resources Limited William Dawes Chief Executive Officer [email protected] +1 403 444 5979 Alexander Lemon President [email protected] @MkangoResources SP Angel Corporate Finance LLP Nominated Adviser and Joint Broker Jeff Keating, Jen Clarke, Devik Mehta UK: +44 20 3470 0470 Alternative Resource Capital Joint Broker Alex Wood, Keith Dowsing UK: +44 20 7186 9004/5 The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the 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. This press release does not constitute an offer to sell or a solicitation of an offer to buy any equity or other securities of the Company in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act') and may not be offered or sold within the United States to, or for the account or benefit of, U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act. [i] [ii] [iii] Conventional leach, extraction purification and precipitation process [iv] SOURCE: CoTec Holdings Corp. press release
Associated Press
17 minutes ago
- Associated Press
NexGen Announces Regulatory Approval of 2025 Site Program at Rook I Property
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2025) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ('NexGen' or the 'Company') is pleased to announce that the Saskatchewan Ministry of Environment has granted approval for NexGen's 2025 Site Program (the 'Program') at its 100%-owned Rook I Property in the Athabasca Basin, Saskatchewan. The Program includes the establishment of a temporary exploration airstrip, expansion of the exploration accommodation camp facilities by 373 beds and site access road improvements. The Program will commence in the coming weeks and conclude with camp commissioning in Q1 2026. This program builds on NexGen's disciplined, strategic approach to implementing infrastructure enhancements required to support the Company's exploration programs at PCE and that forecast across NexGen's dominant land package in northwestern Saskatchewan into the future. The drill results of high-grade basement hosted mineralization discovered at PCE 3.5km east from the Arrow deposit indicate another significant scale zone 'Arrow style' of mineralization is materializing and warrant these infrastructure enhancements incorporating best practice safety and environmental principles. Incorporating NexGen's longstanding approach to economic capacity building, the Program will prioritize Local Priority Area participation, generating new employment and contracting opportunities for Indigenous and community members, reflecting NexGen's industry leading and genuine approach to local communities. Leigh Curyer, Founder and Chief Executive Officer, commented: 'The 2025 Site Program marks an exciting strategic milestone for our current and future activities, with key infrastructure improvements that will optimize safety, environmental protection, and efficiency for our people and our programs. These infrastructure enhancements create the conditions for a high-performing operational platform capable of fully evaluating the significant resource potential across our Rook I Property. This Program is a direct reflection of NexGen's proactive approach to responsible resource development, elite planning and demonstrates our continued commitment to building lasting value while creating meaningful opportunities for local Indigenous and community members.' The Honourable Premier of Saskatchewan Scott Moe, commented: " I congratulate and thank NexGen for their major investment in Saskatchewan to date. The Rook I Project is one of the most significant projects across the country and we are keen to see it prioritized by the Government of Canada accordingly. Our government is proud to approve these infrastructure activities which are well within our jurisdiction and that are scheduled to commence imminently. NexGen is an example of strategically delivering a generational opportunity for Saskatchewan to become the world's leader in the mining of uranium, and I look forward to working with newly elected Prime Minister Mark Carney to expedite the final Federal approval of this generational opportunity for Saskatchewan and Canada.' 2025 Site Program Overview Temporary Exploration Airstrip Expansion of Temporary Exploration Camp Facilities Site Access Improvements NexGen has the most significant land position in Saskatchewan's southwest Athabasca Basin, where it holds over 190,000 hectares. From an exploration perspective, the Company is currently focused on the continued material growth of mineralization at PCE - located just 3.5 km east of the world-class Arrow Deposit. Planning is already underway for potential future programs at PCE as the balance of the 2025 drilling program is preparing to recommence in June. About NexGen NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's flagship Rook I Project is being optimally developed into the largest low cost producing uranium mine globally, incorporating the most elite standards in environmental and social governance. The Rook I Project is supported by a NI 43-101 compliant Feasibility Study which outlines the elite environmental performance and industry leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world. NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol 'NXE' and on the Australian Securities Exchange under the ticker symbol 'NXG' providing access to global investors to participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan. Contact Information Leigh Curyer Chief Executive Officer NexGen Energy Ltd. +1 604 428 4112 [email protected] Travis McPherson Chief Commercial Officer NexGen Energy Ltd. +1 604 428 4112 [email protected] Monica Kras Vice President, Corporate Development +44 7307 191933 Forward-Looking Information The information contained herein contains 'forward-looking statements' within the meaning of applicable United States securities laws and regulations and 'forward-looking information' within the meaning of applicable Canadian securities legislation. 'Forward-looking information' includes, but is not limited to, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. Generally, but not always, forward-looking information and statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', or 'believes' or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved' or the negative connotation thereof. Statements relating to 'mineral resources' are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future. Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property , the results of planned exploration activities are as anticipated, the price and market supply of uranium, the cost of planned exploration activities, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct NexGen's planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward looking information or making forward looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate in the future. Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of NexGen to differ materially from any projections of results, performances and achievements of NexGen expressed or implied by such forward-looking information or statements, including, among others, the existence of negative operating cash flow and dependence on third party financing, uncertainty of the availability of additional financing, the risk that pending assay results will not confirm previously announced preliminary results, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen's Annual Information Form dated March 6, 2024 filed with the securities commissions of all of the provinces of Canada except Quebec and in NexGen's 40-F filed with the United States Securities and Exchange Commission, which are available on SEDAR Edgar Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or statements or implied by forward-looking information or statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned not to place undue reliance on forward-looking information or statements due to the inherent uncertainty view the source version of this press release, please visit
Associated Press
17 minutes ago
- 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
