Latest news with #GreaterShasta-Newberry
Miami Herald
2 days ago
- 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.
Associated Press
2 days ago
- 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
Associated Press
27-01-2025
- 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.
