Mr. Steve Kramar reports

TDG GOLD DEFINES DRILL TARGETS WITHIN POTENTIAL SOUTHERN EXTENSION AT METS

TDG Gold Corp. has provided a further targeting update from continuing analysis and interpretation of geophysical data from TDG's 100-per-cent-owned Mets mining lease located in the Toodoggone district of north-central British Columbia.

The high-grade mineralization within the A-zone appears to be coincident with a magnetic susceptibility low and a conductive feature (news release Jan. 8, 2024). These geophysical features are interpreted to extend for at least approximately 680 metres to the south of the Mets A-zone, following a distinctive topographic linear which remains open to the south.

Steven Kramar, TDG's vice-president, exploration, commented: "The seven historical diamond drill holes to the south of the Mets A-zone appear to have been situated too far back from the geophysical anomalies picked up by our 2023 magnetics/VLF-EM survey. The fact that these historical holes still showed gold mineralization, including up to 8.1 g/t over one metre, is encouraging. The opportunity at Mets therefore is to evaluate the potential extensions of the thicker, high-grade gold from the A-zone by targeting the geophysical anomalies, stepping out sequentially to both the north and south."

In combination, the Mets A-zone, with its potential northern and southern extensions, form anomalous geophysical features that appear to extend for approximately 1,480 m, of which only the a-zone has been intensively drilled historically (and only to shallow depths), with confirmation drilling successfully completed by TDG in 2023 (news releases Sept. 7, 2023, Sept. 11, 2023, Nov. 28, 2023, and Dec. 4, 2023).

Potential southern extension

The potential southern extension appears geophysically to be on strike and continuous south of the A-zone, displaying a very-low-frequency electromagnetic (VLF-EM) response utilizing the 24.8-kilohertz frequency with Karous-Hjelt (KH) filter and associated magnetic susceptibility low.

The VLF-EM model presents a steep dipping conductive zone with increasing charge density developing at depth coincident with a developing magnetic susceptibility deep low. These coincident features have similar characteristics to the A-zone where higher-grade gold mineralization was intercepted.

Historical drilling on the edges of these features intersected broad, low-grade Au mineralization in all seven drill holes. The historical drilling was likely set back too far west, and the drill strings were terminated too short to test the anomalies. The intersection of appreciable Au mineralization still suggests these holes are likely in the vicinity of a mineralized system with the potential for higher grades.

Qualified person

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

Mineral exploration/exploration target area(s): TDG is a mineral exploration focused company and the company's projects are in the mineral exploration stage only. The degree of risk increases substantially where an issuer's properties are in the mineral exploration stage as opposed to the development or operational stage. Exploration targets and/or exploration zones and/or exploration areas are speculative and there is no certainty that any future work or evaluation will lead to the definition of a mineral resource.

Historical data: This news release includes historical information that has been reviewed by TDG's qualified person (QP). TDG's review of the historical records and information reasonably substantiate the validity of the information presented in this news release; however, TDG cannot directly verify the accuracy of the historical data, including (but not limited to) the procedures used for sample collection and analysis. Therefore, any conclusions or interpretations borne from use of these data should be considered too speculative to suggest that additional exploration will result in mineral resource delineation. TDG encourages readers to exercise appropriate caution when evaluating these data and/or results.

Historical drill core sampling and assay methodology: Historical drill core was geologically logged with lithologies identified and notable geological features recorded. Historical drill core was split in half (and in rare cases sawn in half) along sample intervals (lithology and mineralization dependant) generally less than three m. Chemical analysis was performed dominantly for precious metal analysis (gold and silver), and infrequently for base metals (lead, zinc, copper), and rarely for major elements and trace elements. Historically, different commercial laboratories were utilized in addition to an assay lab at Baker mine site. These lab facilities may or may not have had accreditation and in all cases accreditation (if applicable) predated current ISO standards. Over that period, a variety of digestion and assay methods were used, including atomic absorption, fire assay atomic absorption, aqua regia atomic absorption and aqua regia inductively coupled plasma with varying detection limits. Reference materials (if any) were inserted at the analytical level and thus were unblind to the facility processing the samples.

Unassayed historical drill core: Historical drill core intersections, lengths or intervals referenced for reassay or geological analysis may not be available or suitable for sampling. Historical drill cores were inherited with the project and TDG provides no guarantees or warranties that these drill cores are part of the historical inventory, are available and/or have not degraded to a state that would render them wholly unusable for the purposes of scientific investigation. TDG provides no warranties/guarantees that these historical unassayed drill cores host precious or base metal mineralization.

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 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 and Baker mines, which produced intermittently between 1981 and 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. The 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 May, 2023, TDG published an updated mineral resource estimate for Shasta (see TDG news release May 1, 2023) 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). In late 2023, TDG published the first modern drill results from the Mets mining lease (see TDG news releases Sept. 7, 2023, Sept. 11, 2023, Nov. 28, 2023, and Dec. 4, 2023). In 2024, TDG published the first 3-D geophysical images from its 2023 high-resolution geophysical survey at Mets (see TDG news release Jan. 8, 2024).

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