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New Listing: TDG Gold Corp. (TSXV:TDG)

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TDG has completed the acquisition of the Toodoggone assets of Talisker Resources Ltd. consisting of the Baker and Shasta Mines, and the Mets and Bot properties. The Baker and Shasta Mines are former producing gold and silver operations accessible by road 430 km northwest of Prince George, via Mackenzie and the Omineca Resource access route past Centerra Gold Inc.'s Kemess Copper Gold Mine.

Additional Information:

Company: TDG Gold Corp.
Website: http://www.TDGgold.com
Stock Symbol: TSXV: TDG
Date Published: Dec 17, 2020
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

TDG Gold Corp. is one of the latest new listings on the TSX Venture Exchange, trading under the symbol “TDG”, following its qualifying transaction with Capital Pool Company Kismet Resources.

TDG has completed the acquisition of the Toodoggone assets of Talisker Resources Ltd. consisting of the Baker and Shasta Mines, and the Mets and Bot properties.

The Baker and Shasta Mines are former producing gold and silver operations accessible by road 430 km northwest of Prince George, via Mackenzie and the Omineca Resource access route past Centerra Gold Inc.'s Kemess Copper Gold Mine.

The Baker and Shasta Mines operated on an intermittent basis in the period 1980 until 2012, focusing on the high-grade veins and structures, both through underground and small-scale open pit operations.

In the period 1981-1983 and 1996-1997, 81,878 tonnes of Baker ore were milled recovering 765,565 ounces silver and 41,281 ounces gold.

Production from the Shasta Mine in the years 1989-1991 and 2000, recovered 1,061,577 ounces silver and 19,381 ounces gold milled from 131,113 tonnes ore.

The Shasta exploration target covers an area approximately 800 metres by 1500 metres.

Previous exploration at Shasta identified at least twelve mineralized zones of which the historic workings are contained within two structures, the JM and Creek Zones.

Underground workings at Shasta extend 300 metres along strike at each of the JM and Creek Zones, with depths up to 100 metres from surface.

Total tonnage extracted from underground and pits, including ore and waste is estimated at 420,000 tonnes.

TDG has been undertaking a detailed compilation of historic data from both Baker and Shasta mine sites, compiling data from 28,751 metres of drilling from 325 historic diamond drill holes at Shasta.

Sample assays for gold and silver are reported from 10,716 metres of drilling of which 48% grade over 0.25 grams per tonne gold equivalent (gold to silver ratio of 1:78).

Gold-silver mineralization is hosted in quartz veins, quartz-carbonate stockworks, breccias and fault zones.

Historic production at Shasta targeted higher grades in the JM and Creek Zones.

The drill hole assay results demonstrate that additional gold and silver mineralization, described as "halo mineralization" lies outside the higher grade zones within the hanging wall and footwall to the vein structures.

TDG proposes to undertake exploration in 2021 that will test for multiple gold and silver vein extensions and the associated halo mineralization in the vein hanging wall and footwall within the known 800 metres by 1500 metres exploration target area.




The shares are bid at $0.14 with no shares offered and no trades.

For more information, please visit the company’s website www.TDGgold.com, contact Fletcher Morgan, CEO, at 604-536-2711 or email info@TDGgold.com.

I’m Cassandra Bolinski for Investmentpitch Media