The China Mail - TDG Gold Comments on Freeport-Amarc Gold-Silver-Copper “Aurora” Discovery on Boundary with TDG’s Greater Shasta Project, Tooddoggone

USD -
AED 3.672955
AFN 70.095814
ALL 88.322167
AMD 387.5784
ANG 1.790124
AOA 916.500068
ARS 1130.459399
AUD 1.561231
AWG 1.8025
AZN 1.702522
BAM 1.761205
BBD 2.014516
BDT 121.225765
BGN 1.761155
BHD 0.376905
BIF 2968.446077
BMD 1
BND 1.304481
BOB 6.91953
BRL 5.67399
BSD 0.997767
BTN 84.753058
BWP 13.621137
BYN 3.265225
BYR 19600
BZD 2.00416
CAD 1.39908
CDF 2870.000185
CHF 0.840905
CLF 0.024662
CLP 946.390134
CNY 7.203297
CNH 7.195955
COP 4224.75
CRC 506.720097
CUC 1
CUP 26.5
CVE 99.294452
CZK 22.455022
DJF 177.670917
DKK 6.71697
DOP 58.686598
DZD 133.804021
EGP 50.471899
ERN 15
ETB 135.040411
EUR 0.900365
FJD 2.27485
FKP 0.758117
GBP 0.75705
GEL 2.744962
GGP 0.758117
GHS 12.920539
GIP 0.758117
GMD 71.50435
GNF 8641.230448
GTQ 7.674124
GYD 208.747569
HKD 7.79649
HNL 25.920439
HRK 6.780699
HTG 130.502125
HUF 364.601502
IDR 16674.95
ILS 3.58723
IMP 0.758117
INR 85.44875
IQD 1306.990608
IRR 42100.000048
ISK 132.100541
JEP 0.758117
JMD 158.598084
JOD 0.7094
JPY 147.990134
KES 129.150509
KGS 87.450342
KHR 3992.867949
KMF 436.496697
KPW 899.995499
KRW 1425.519881
KWD 0.30756
KYD 0.831435
KZT 510.387307
LAK 21572.459005
LBP 89397.112986
LKR 298.19269
LRD 199.552448
LSL 18.288863
LTL 2.95274
LVL 0.60489
LYD 5.467906
MAD 9.310028
MDL 17.260849
MGA 4484.547223
MKD 55.397235
MMK 2099.484484
MNT 3573.897983
MOP 8.008447
MRU 39.541638
MUR 46.399786
MVR 15.397519
MWK 1730.152727
MXN 19.58415
MYR 4.320083
MZN 63.903539
NAD 18.288863
NGN 1602.089893
NIO 36.714019
NOK 10.399497
NPR 135.605934
NZD 1.698035
OMR 0.384974
PAB 0.997767
PEN 3.644697
PGK 4.141452
PHP 55.786977
PKR 280.865031
PLN 3.828318
PYG 7972.156435
QAR 3.640752
RON 4.589501
RSD 105.548001
RUB 80.598022
RWF 1428.301275
SAR 3.750771
SBD 8.350849
SCR 14.212074
SDG 600.500129
SEK 9.75669
SGD 1.305895
SHP 0.785843
SLE 22.750415
SLL 20969.497808
SOS 570.203876
SRD 36.199503
STD 20697.981008
SVC 8.73038
SYP 13003.313899
SZL 18.285786
THB 33.221015
TJS 10.396448
TMT 3.5
TND 3.035881
TOP 2.342102
TRY 38.80119
TTD 6.772686
TWD 30.476502
TZS 2695.000163
UAH 41.449643
UGX 3651.574094
UYU 41.702499
UZS 12851.083756
VES 92.71499
VND 25957.5
VUV 119.97318
WST 2.778545
XAF 590.696816
XAG 0.03019
XAU 0.000307
XCD 2.70255
XDR 0.734637
XOF 590.696816
XPF 107.394033
YER 244.450332
ZAR 18.29526
ZMK 9001.196617
ZMW 26.270385
ZWL 321.999592
  • RBGPF

    2.2700

    65.27

    +3.48%

  • RYCEF

    -0.1200

    10.38

    -1.16%

  • CMSD

    -0.0400

    22.3

    -0.18%

  • CMSC

    0.0200

    22.08

    +0.09%

  • SCS

    0.3600

    10.82

    +3.33%

  • NGG

    -3.1600

    67.53

    -4.68%

  • GSK

    0.7500

    37.37

    +2.01%

  • VOD

    -0.2300

    9.07

    -2.54%

  • BTI

    -0.6600

    40.98

    -1.61%

  • RIO

    1.4300

    61.41

    +2.33%

  • RELX

    -2.0200

    51.83

    -3.9%

  • JRI

    0.0300

    13.01

    +0.23%

  • BP

    0.4200

    30.19

    +1.39%

  • AZN

    1.3800

    68.95

    +2%

  • BCC

    4.4800

    93.1

    +4.81%

  • BCE

    -0.1500

    22.56

    -0.66%

TDG Gold Comments on Freeport-Amarc Gold-Silver-Copper “Aurora” Discovery on Boundary with TDG’s Greater Shasta Project, Tooddoggone
TDG Gold Comments on Freeport-Amarc Gold-Silver-Copper “Aurora” Discovery on Boundary with TDG’s Greater Shasta Project, Tooddoggone

TDG Gold Comments on Freeport-Amarc Gold-Silver-Copper “Aurora” Discovery on Boundary with TDG’s Greater Shasta Project, Tooddoggone

WHITE ROCK, BC / ACCESS Newswire / January 17, 2025 / TDG Gold Corp. (TSXV:TDG) (the "Company" or "TDG") is pleased to provide the following update as context for the exciting new gold-silver-copper discovery announced today by Freeport-McMoRan Inc. and Amarc Resources Ltd. ("Freeport-Amarc") on their AuRORA target1 (link), located on the boundary with TDG's 100 % owned, Greater Shasta-Newberry project Toodoggone District, B.C.

Text size:

Freeport-Amarc's AuRORA gold-rich plus copper discovery sits directly on trend with TDG's Greater Shasta project which includes the former producing, gold-silver Shasta mine and mineral deposit (Figure 1). On January 08, 2025, TDG provided an updated Mineral Resource Estimate2 ("MRE") for Shasta showing improved grades. TDG has identified potential extensions3 to Shasta that are contiguous with the boundary of AuRORA1. These trends3 have never had IP geophysics or modern drill testing.

Figure 1 - The AuRORA Discovery1 and the Greater Shasta-Newberry Exploration Area.

Fletcher Morgan, TDG's CEO commented, "We congratulate the Freeport-McMoran and Amarc teams for their AuRORA discovery, announced today, on the boundary with our Greater Shasta-Newberry project target area.The discovery appears to correlate well with the large, gold-in-soil anomaly characterized by TDG within which our Shasta deposit and its known extensions are situated. Shasta itself remains open along strike and at depth and has never been drill tested below ~225 metres. The major lithological contact in the district (Takla-Toodoggone unconformity) is thought to be as shallow as ~400-500 metres depth below Shasta, and merits drill testing in light of the AuRORA results. We look forward to publication of Freeport-Amarc's remaining drill results from their extensive 2024 drill program so we can refine our plans for follow up in 2025."

Steven Kramar, TDG's VP Exploration, commented: "Today's announcement of the AuRORA1 discovery fits the district-scale model for intrusive related copper-gold porphyries that have epithermal and transitional opportunities at the margins (Figure 2). We believe this discovery suggests an opportunity that encompasses our Greater Shasta-Newberry project and may continue along trend through our 55 sq.km Baker Complex. This potential includes our Trident (see TDG news release Mar 07, 2024) and North Quartz (see TDG news release Apr 02, 2024) porphyry targets, which have also never received deep-IP studies or drill testing tothe depth of the potential intrusive contact."

Figure 2 - TDG's 100 % owned Baker Complex and Greater Shasta-Newberry projects, contiguous with Freeport-Amarc's AuRORA discovery announced today.

Qualified Person

The technical content of this news release has been reviewed and approved by Steven Kramar, MSc., P.Geo., Vice President, Exploration for TDG., a qualified person as defined by National Instrument 43-101.

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 Mineral Resource Estimate ("Shasta MRE") contained in this news release is derived from TDG News Release Jan 08, 2025 and is available on the TDG Website. An updated technical report for the 2024 MRE will be filed within 45 days of January 8th, 2025, on Sedar+ https://www.sedarplus.ca/.

3Mineral Exploration/Exploration Target Area(s): 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.

4Historical 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 this 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.

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 flagship projects are 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. 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 (news release May 01, 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'; news release Jan 25, 2023). In Fall 2023, TDG published the first modern drill results from the Mets mining lease (news releases Sep 07, 2023, Sep 11, 2023 and Nov 28, 2023). In early 2024, TDG identified new copper-gold target areas over an expanded footprint covering ~53 sq.km known as the 'Baker Complex' (news release Feb 28, 2024).

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 "expand", "excite", "continue" "potential", "improve", "discover", "appear", "correlate", anomaly", "characterized", "open", "opportunity", 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 actual results of current and planned exploration activities; the potential to expand the Shasta MRE beyond its current limits; the interpretation of the Fisher, Hood, Cody Lee and other Zones as representing potential mineralized trends, and the potential for extensions to the Fisher, Hood, Cody Lee and other Zones; 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 timing; 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; 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.



View the original press release on ACCESS Newswire

Y.Parker--ThChM