WHITE ROCK, BC / ACCESSWIRE / August 2, 2024 / TDG Gold Corp. (TSXV:TDG) (the “Company” or “TDG”) is excited to share its recent agreement for the acquisition of approximately 9,600 hectares of mineral tenures in the Toodoggone District, B.C. connecting with its existing projects. This acquisition plays a significant role in expanding the Company’s mineral tenure package into one contiguous block.
Acquisition Details and Potential: TDG has entered into an agreement to acquire the Tenures from Volatus Capital Corp. for $200,000, enhancing the Company’s mineral portfolio. The newly acquired tenures have shown historical potential for both epithermal mineralization and porphyry-style mineralization. Past operators have focused on reconnaissance work related to epithermal precious metals, but minimal effort has been directed towards exploring the porphyry copper +/- gold potential.
Steven Kramar, TDG’s VP Exploration, highlighted the strategic importance of this acquisition, noting that the new mineral tenures are positioned near other notable projects in the area, enhancing the overall exploration potential of the region.
Exploration and Development Strategy:
The Company’s next steps involve compiling historical data and integrating it with existing geological, geophysical, and geochemical data to refine its exploration targets. TDG’s comprehensive approach to exploration involves leveraging modern technologies, such as high-resolution airborne electro-magnetic data, to gain further insights into the underlying geology.
About TDG Gold Corp:
TDG Gold Corp. is a significant mineral tenure holder in the Toodoggone Production Corridor, with multiple exploration opportunities. Its flagship projects have a history of high-grade gold-silver production and ongoing exploration activities, positioning the Company for continued growth and success in the mining sector.
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 Gold Corp., a qualified person as defined by National Instrument 43-101.
Cautionary Note: While the historical data and exploration targets hold promise, TDG advises caution in interpretation and underscores the speculative nature of mineral exploration.
Forward-Looking Statements: The Company acknowledges the inherent uncertainty in forward-looking statements, outlining the potential risks and variable outcomes associated with future exploration and development activities.
SOURCE: TDG Gold Corp.
View the original press release on accesswire.com
### Insight:
By strategically acquiring mineral tenures adjacent to its existing projects, TDG Gold Corp. is positioning itself to tap into a wider range of mineralization potential within the Toodoggone District. Leveraging modern exploration techniques alongside historical data, the Company aims to unlock new opportunities for resource discovery and development. Despite the speculative nature of mineral exploration, TDG remains focused on creating sustainable growth and value for its stakeholders through prudent exploration and development strategies.
