• VRIFY's DORA platform will integrate structural, geochemical, and geophysical data from Toogood's Quinlan gold discovery to refine drill targeting and identify new high-potential zones.

• AI-assisted modeling provides greater confidence in delineating mineralized corridors, reducing technical uncertainty and accelerating follow-up drilling.

• Historic drilling in 2022 of the Quinlan discovery intersected visible gold in 15 of 19 holes and multiple high-grade intervals, including:

  • 23.90 g/t Au over 3.65 m, including 43.22 g/t Au over 1.95 m

  • 18.27 g/t Au over 4.25 m, including 70.31 g/t Au over 1.05 m

  • 9.40 g/t Au over 3.18 m, including 22.76 g/t Au over 1.10 m

• The mineralization occurs at or near surface, is hosted in a felsic dyke extending ~200 m strike and 120 m down-dip and remains open in all directions.

Vancouver, British Columbia--(Newsfile Corp. - September 8, 2025) - Toogood Gold Corp. (TSXV: TGC) ("Toogood" or the "Company") is pleased to announce a partnership with VRIFY Technology Inc. ("VRIFY") to deploy the world's first AI-Assisted Mineral Discovery Platform, DORA. This collaboration will directly support the ongoing advancement of the Company's Quinlan gold discovery. For a detailed overview of the Toogood Gold Project and the Quinlan discovery, please visit the Company's new interactive corporate presentation, available at: toogoodgoldcorp.com.

Key Highlights

• The Quinlan high-grade gold discovery is located within the underexplored Exploits Subzone, on-trend with major gold deposits including Equinox Gold's Valentine Mine;
• Early exploration success suggests Quinlan could represent a new gold system in Newfoundland;
• DORA, VRIFY's AI-Assisted Mineral Discovery Platform employs advanced machine learning alongside Toogood's geological expertise to surface high-probability exploration targets from existing data faster and with greater precision;
• DORA enables rapid interpretation of structural, geochemical, and geophysical data to inform smarter drill targeting and reduce exploration risk;
• DORA has proven effective in Newfoundland's Exploits Subzone, where it has helped several companies refine their geological models.

For the Toogood Gold Project, where gold mineralization is strongly influenced by regional features like the Virgin Arm Fault, VRIFY's approach offers an advantage based upon success with other explorers in the area. By delineating mineralized corridors with greater confidence, it's possible to reduce technical uncertainty and accelerate exploration efforts.

Colin Smith, CEO of Toogood Gold commented, "With VRIFY's powerful DORA platform, we're unlocking deeper insights from our data to advance the Toogood Gold Project and drive new discoveries across this highly prospective, district-scale land package. Operating in one of Canada's most prolific gold belts, on-trend with Equinox Gold's Valentine Mine, we believe our partnership with VRIFY has the ability to significantly accelerate our path to meaningful discovery."

"Toogood's technical team knows the ground and they know the value of acting on quality data," said Steve de Jong, CEO of VRIFY. "We're excited to partner with an ambitious explorer that shares our belief in what's possible when AI and geology work together. Our AI-Assisted Mineral Discovery Platform is designed to help innovators like Toogood find what others can't and then tell their story of discovery with credibility and confidence."

Beyond AI-assisted target generation through DORA, VRIFY's dynamic 3D platform, Viz, allows exploration teams to clearly articulate the value of their projects. The Toogood team will leverage these immersive presentations to communicate progress and discoveries with key, connecting the dots between technical insights and strategic impact for investors, boards, and analysts alike.

About Toogood Gold Corp.

Toogood Gold Corp. is a Canadian exploration company focused on the discovery and development of high-grade gold deposits in Newfoundland. The Company's flagship asset, the district-scale (118 km²) Toogood Gold Project, is located on New World Island within the highly prospective Exploits Subzone, a structurally complex and underexplored district known for significant recent gold discoveries. The Project's inaugural drill program in 2022 yielded a high-grade, at-surface gold discovery, intercepting visible gold in 15 of 19 core holes, with mineralization remaining open in all directions. The Toogood Gold Project is accessible via paved highway and hosts extensive development infrastructure including electrical lines, water and proximity to tidewater.

About VRIFY Technology Inc.

VRIFY proves that AI in mineral exploration doesn't have to be a black box. Building on our successful visualization tool, we launched DORA, the world's only AI-Assisted Mineral Discovery Platform. DORA puts the power of AI into the hands of geoscientists, enabling them to find what others can't. VRIFY believes it is pioneering a new category and accelerating exploration with the industry's most advanced AI and largest proprietary dataset. To learn more about VRIFY visit https://vrify.com.

Qualified Person

Colin Smith, M.Sc., P.Geo., a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release. Mr. Smith is not independent and serves as CEO and Director of Toogood Gold Corp. and owns securities of the Company.

On Behalf of the Board of Directors

Colin Smith
Director & CEO
Toogood Gold Corp.

Additional information about Toogood Gold Corp. can be found at www.sedarplus.ca.

Forward-Looking Information

This release may contain forward‐looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.

Such factors include, among others, risks related to: the results of the VRIFY study seeking new target areas at the Toogood Gold project; the ability of the Company to raise funds for exploration activities and property maintenance costs at the Toogood Gold project; reliance on technical information provided by third parties on any of our exploration properties; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis which is available under Company's SEDAR profile at: www.sedarplus.ca

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 information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Toogood Gold disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265470