WHITE ROCK, BC / ACCESSWIRE / December 15, 2021 / TDG Gold Corp. (TSXV: TDG) (the âCompanyâ or âTDGâ) is pleased to announce the completion of its 2021 Toodoggone field program which included 8,048 meters (“m”) of diamond drilling in 55 holes at Shasta and 1,029 m of diamond drilling in 2 holes at the Drybrough target located on its Oxide Peak acquisition project north of the former Baker mine in production by TDG. Samples from the Shasta borehole have been submitted to SGS Canada for analysis and final results are expected to be received between January and February 2022. Other work performed included sampling and mapping at TDG’s Mets and Baker mine leases and a magnetic survey. airborne on TDG’s Bot property further north. The results of the sampling and survey work have now been received and are being compiled by the TMD technical team. TDG would like to thank its community and business partners for their support during the 2021 field season, especially Chu Cho Industries, Chu Cho Environmental, Sasuchan LP and Falkirk Environmental Consultants. Camp Baker will be kept in readiness for the 2022 TMD field program which could resume in early spring 2022.
All of the meters drilled at Shasta were located within the licensed mining area (see Figure 1). Over 90% of the meters drilled were oriented core to provide additional structural geological information and enhance resource estimation work undertaken for TDG by Moose Mountain Technical Services (âMoose Mountainâ). Samples were selected for metallurgical testing.
Figure 1. Map of Shasta 2021 drill holes and historic drill collars.
The drilling carried out at Shasta aimed to confirm the historical analyzes and to test the known extensions around the historic mining sites. Samples have been submitted to SGS Canada for analysis and final results are expected to be received between January and February 2022.
TDG provided an overview of its other exploration activities at Shasta in its press release dated September 7, 2021 (see here). Final analyzes have now been received from systematic channel sampling conducted in the Shasta Creek and JM pits. The aim of the work was to improve understanding of the TMD of Shasta’s setting and geological and mineralogical controls. TDG expects to release these results shortly.
Drybrough, oxide peak
The two diamond drill holes completed at Drybrough have been recorded, cut and will be submitted to MSA Labs for analysis with assay results expected by the end of January 2022. Both holes were drilled at an azimuth of 300 Â°.
Hole OP21-001 was drilled to a depth of 513 m at a tilt angle of -63 Â° and was designed to target the center of the magnetic anomaly (see TMD press release of November 16, 2021) The drill hole appears to primarily intersect volcaniclastic rocks with propylitic intersections and intervals with potassium alteration. Arsenopyrite has also been observed in venules about 300 meters deep. This may indicate that this borehole is on the deeper margin of a porphyry system. The hole terminated in sulphide mineralization, which included increasing concentrations of disseminated pyrite and silicification.
Hole OP21-002 was drilled at a steeper dip of -82 Â° to investigate the relatively low magnetic halo at the margin of the magnetic anomaly. The borehole was drilled to 516 m and the steepest angle of the borehole thus intersected a larger vertical slice of stratigraphy for the study of geology. This drill hole encountered more volcaniclastic rocks presumably the same upper units as OP21-001, with increasing silicification and sulphide mineralization in planar quartz-pyrite veinlets at a deeper vertical depth and up to 20% pyrite disseminated everywhere and in aggregates, at deeper vertical depths.
Image 1. Drill hole OP21-002 from 355.85 to 364.31 m – banded ash tuff, intense silicification, brecciated by quartz veins with up to 5% disseminated pyrite and 5% additional pyrite replacing the veins quartz-carbonate.
Image 2. Detail photo of drill hole OP21-002 of a 358.75 m pyrite replacement in quartz veins.
The Drybrough drill represents pioneering drill holes in an untested blind target magnetic anomaly. Drill data (lithology, alteration and mineralization) are being compiled for a comparison cross section of holes in order to understand the stratigraphy and better target future drilling efforts. TDG is excited to intercept the mineralization and weathering associated with porphyry, and has engaged MSA Labs (Langley, C. Subject to TDG’s ongoing interpretation work and final assay results, TDG believes the Drybrough target warrants further follow-up drilling activity.
The technical content of this press release has been reviewed and approved by Steven Kramar, MSc., P.Geo., A qualified person as defined by National Instrument 43-101.
About TDG Gold Corp.
TDG is a major mining claim holder in the historic Toodoggone production corridor in north-central British Columbia, Canada, with over 23,000 hectares of brownfield exploration opportunities and new operations. in direct ownership or in an acquisition agreement. TDG’s flagship projects are the former high-grade gold-silver mines Shasta, Baker and Mets, all accessible by road, produced intermittently between 1981 and 2012 and with more than 65,000m of historic drilling. In 2021, TDG moved projects forward through the compilation of historical data, new geological maps, geochemical and geophysical surveys and, for Shasta, drill testing of known mineralization occurrences and their extensions. The Company has entered into a binding agreement to acquire the Nueva Esperanza advanced silver and gold exploration and development project located in the Maricunga belt of northern Chile, subject to the closing conditions being met. TDG currently has 70,867,903 common shares issued and outstanding.
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