Mr. Fletcher Morgan reports

TDG GOLD CORP. MOBILIZES TO SITE FOR 2023 EXPLORATION SEASON, TOODOGGONE DISTRICT, B.C.

TDG Gold Corp. has moved its field team to the Baker camp and exploration activities have commenced.

The 2023 exploration program aims to: (i) confirm the historical resource on TDG's 100-per-cent-owned Mets mining lease, (ii) unlock the potential of Greater Shasta-Newberry, (see TDG news release, March 20, 2023), (iii) execute a regional program across TDG's gold-silver-copper projects to develop a pipeline of drill targets.

Steven Kramar, TDG's vice-president of exploration, commented: "TDG's 2023 exploration program has been designed to deliver high-impact, low-cost science resulting in a pipeline of prioritized drill targets across our projects, including Mets, Greater Shasta-Newberry and Baker.

"Our program includes a targeted review of the historical core, starting with our Baker copper-gold project. Much of the historical core was only sporadically assayed and, in the case of Baker, only a very low percentage was assayed for copper despite widespread evidence of copper mineralization.

"We are also looking forward to our first focused program on our Mets mining lease, which includes opening the historical portal, hopefully access the approximately 350 metres of historical underground development known to have taken place at Mets in 1991. Our aim is to rapidly evaluate the potential of this high-grade gold project that is road accessible and located only approximately 23 kilometres from our Baker infrastructure, including TDG's camp, mill and tailings storage facility."

Resampling and reassaying under way

Exploration work already under way at site involves the relogging and resampling (where appropriate) of approximately 40,000 metres of the estimated 65,000 m of core drilled historically across TDG's Baker, Shasta and Mets projects. Many of these drill cores were only sporadically assayed without a full suite of element analysis. Relogging and assaying the Shasta historical cores drilled in 2007 and 2010 has the potential to improve the existing Shasta mineral resource estimate (Shasta MRE, see TDG news release, May 1, 2023) as these were not included in the current MRE. Only approximately 15 per cent of the historical drill cores from Baker have been sampled (based on assayed drill core length/drilled metres) and reprocessing these drill cores may help vector and understand the porphyry copper-gold potential for the Baker project.

Mets high-grade opportunity

TDG's 100-per-cent-owned, road-accessible Mets mining lease has not had significant work since 1991. TDG published an exploration target range (see TDG news release, Dec. 21, 2023) illustrating the potential for high-grade, near-surface gold. The focus will be to reopen the historical mine workings and retrieve any diamond drill core located there. These drill cores may then be resampled and assayed (where appropriate) to validate historical results, as well as sampling and assaying previously unsampled core in order to improve the current geological understanding of Mets and the current 3-D model. If warranted, drilling statistical twin holes will be undertaken in anticipation of publishing an inaugural mineral resource estimate in accordance with CIM (Canadian Institute of Mining, Metallurgy and Petroleum) standards, as required under National Instrument 43-101.

Regional exploration

In parallel, TDG aims to complete a portfolio-wide geochemical and geological assessment. The purpose of this study is to understand the district-scale potential of TDG's projects. The work will include collecting high-quality stream sediment samples, soil samples and geological observations. TDG aims to uncover or rediscover the potential across its whole portfolio and advance each prospect to a drill-stage decision in anticipation of a larger future drill program(s).

Qualified person

The technical content of this new release has been reviewed and approved by Steven Kramar, PGeo, vice-president of exploration for TDG and a qualified person, as defined under National Instrument 43-101.

About TDG Gold Corp.

TDG is a major mineral claim holder in the historical Toodoggone production corridor of north-central British Columbia, Canada, with over 23,000 hectares of brownfield and greenfield exploration opportunities under direct ownership or earn-in agreement. TDG's flagship projects are the former-producing, high-grade gold-silver Shasta, Mets and Baker mines, which are all road accessible, produced intermittently between 1981 and 2012, and have over 65,000 metres of historical drilling. The projects have been advanced through compilation of historical data, new geological mapping, geochemical and geophysical surveys, and, at Shasta, 13,250 metres of modern HQ drill testing of the known mineralization occurrences and their potential extensions. In May, 2023, TDG published an updated mineral resource estimate for Shasta (see TDG news release May 1, 2023), and which remains open at depth and along strike. In January, 2023, TDG defined a larger exploration target area adjacent to Shasta (Greater Shasta-Newberry: see TDG news release, Jan. 25, 2023) with drill-ready targets where TDG aims to undertake follow-up exploration activities in 2023.

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