Diamond drillhole MT23-005 (HQ, oriented) was completed in the Mets A-Zone1 and intersected:
16.36 grams per tonne ('g/t') Au, 4 g/t silver ('Ag') over 8.3 metres ('m') from 50.5 m downhole depth using a cut-off grade ('COG') of 3.00 g/t Au.
As stated previously (news release
Mineralization Encountered
Drillhole MT23-005 is interpreted to have intersected the same quartz-barite breccia style of mineralization as MT23-001 (news release
MT23-005
The final drillhole of the 2023 Mets drill campaign was designed to collect structural geological data by drilling oblique to previous drilling and examine the potential for high-grade mineralization on the other side of the previously untested N75 fault, as well as testing for potential additional structures. MT23-005 intersected high-grade Au (Image 1) in the vicinity of the intersection reported from MT23-003 (news release
Assay results were received from MSA Labs Canada ('MSA'). Samples reported in this news release with Au concentrations > 20 g/t were subject to subsequent metallic screen analysis for individual samples reporting > 20 g/t Au. Results reported are considered final.
Magnetics / VLF-EM Results Interpretation
The same parameters were utilized to process the VLF as for drillhole MT23-004 (news release
Short Wave Infrared Light ('SWIR') Interpretation
Short wave infrared light ('SWIR') analysis was undertaken on all the core drilled at Mets in 2023. SWIR is a helpful tool to identify and characterize minerals and establish relationships between species of minerals and alteration/mineralization. Preliminary analysis suggests a relationship between the presence or absence of interpreted dickite, the high-grade Au mineralization and the coincident geophysics response. Dickite is a clay mineral (part of the kaolinite group) and can be often found associated with gold-bearing epithermal systems. The SWIR interpretation appears to be strongly associated with the upper portions of the high-grade Au mineralization in all 5 holes drilled at Mets in 2023. Further interpretations are currently underway to fully characterize alteration. SWIR responses can be non-unique, and X-Ray Diffraction ('XRD') analysis is required to confirm mineral species present.
QA/QC
Samples for the Mets 2023 drill program were handled via rigorous chain of custody, including sample collection, processing, and delivery to the MSA laboratory in
QAQC is maintained internally at the lab through rigorous use of internal certified reference materials ('CRMs'), blanks, and duplicates. An additional QAQC program was administered by TDG through the verification of lab results via use of CRMs and blank (unmineralized) samples that were blindly inserted into the sample batch. If a QAQC sample returns an unacceptable value an investigation into the results is triggered and when deemed necessary, the samples that were tested in the batch with the failed QAQC sample are re-tested.
About
TDG is a major mineral tenure holder in the historical Toodoggone Production Corridor of north-central
Contact:
Chief Executive Officer
Tel: +1.604.536.2711
Email: info@tdggold.com
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 'appear',' interpret', 'continuity', 'observe', 'demonstrate', 'coincident', 'characterize', 'potential', 'confirm', 'suggest', 'evaluate', 'validate', 'develop', 'refine', 'expand', 'qualitative', 'support', and variations of these words as well as other similar words or statements that certain events or conditions 'could', 'may', 'should', '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 including the potential for the definition of a high-grade gold or other style of mineral deposit of potential economic value within the Mets mining lease; results from future exploration programs including drilling; interpretation and meaning of completed and future geophysical surveys; conclusions of future economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in grades of mineralization and/or future actual recovery rates; 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.
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