TDG Gold Corp Expands Greater Shasta Exploration Target Area to 5.5 Square Kilometres

WHITE ROCK, BC / ACCESSWIRE / January 17, 2023 / TDG Gold Corp (TSXV:TDG) (the "Company" or "TDG") is pleased to announce the expansion of the exploration target area at Greater Shasta to 5.5 square kilometres ("sq.km"). Fieldwork completed by TDG in 2022 has identified a large gold in soil anomaly coincident with geophysical anomalies adjacent to the Shasta deposit which covers a much larger area than the 1.2 sq.km exploration target area originally reported by TDG in 2021 (link). TDG applied the same scientific methods used by Newmont Corporation in 1984 to discover the Shasta deposit. The anomaly may also continue a further 1.5 km to the north-northwest to the Newberry target - also discovered by Newmont in 1984; and may also continue 1.5 km to the south-southeast beyond Shasta South (Figure 1).

Foto: Accesswire

Figure 1 - "Greater Shasta" Historical Au in Soil Anomalous Trends.

Preliminary results from soil assays include samples containing up to 1.72 grams per tonne ("g/t") gold ("Au") coincident with geophysical anomalies and covering a broad area approximately 4.5 times bigger than currently drill tested. The soil anomaly is supported by geophysical anomalies identified by a combination of ground magnetics and Very Low Frequency ("VLF") surveying completed by TDG and which also correlates with historical information recompiled by TDG - including data and information from the original discovery work undertaken by Newmont (Figure 2).

Foto: Accesswire

Figure 2 - Greater Shasta > 100 ppb Gold In Soil Anomaly Extends Over 5.5 sq.km.

Greater Shasta

Fieldwork was undertaken by TDG in 2022 on Shasta East, Shasta South and Shasta North. The grassroots component of fieldwork completed in August-September 2022 consisted of soil sampling, a ground magnetic and VLF geophysical survey and airborne hyperspectral capture. This fieldwork, in combination with historical information recompiled from multiple sources, has led to a new interpretation of a larger exploration opportunity and which incorporates the Shasta main deposit and all previously identified target zones into a much larger exploration target area: Greater Shasta. Within Greater Shasta, TDG has identified two higher priority zones for follow up work in 2023: the Cody Lee Zone and the Fisher Zone.