Shasta Mine Complex Geophysics Confirms New Targets

WHITE ROCK, BC - TDG Gold Corp reported the results and interpretation from the 100 line-kilometer (km) of high-resolution ground-based magnetics and Very Low Frequency (VLF) survey work over the Shasta Mine Complex.

The results suggest multiple, strong structural anomalies contained within a ~4 km x ~3 km area surrounding the Shasta Deposit. The anomalies coalesce into clearly defined target zones including the recently renamed "Cody Lee" and "Fisher" Zones which are both located to the east of the Shasta Deposit; and the previously reported Newberry Prospect located ~1.5 km north of the Shasta Deposit.

The results from the geophysics complement information from historical drilling in the Cody Lee and Fisher Zones and soil sampling programs across the Shasta Mine Complex. For example, diamond drillhole SH89-34 in the Cody Lee Zone which intercepted 17.1 meters ("m") of 3.37 grams per tonne (g/t) gold (Au") and 45 g/t silver (Ag) [3.94 g/t AuEq] from 27.9 m depth; including 0.5 m of 91.5 g/t Au and 595 g/t Ag [98.94 g/t AuEq] from 43.5 m depth.

This work represents TDG's next step towards identifying priority drill targets for 2023, as well as determining the ultimate potential of the Shasta Mine Complex; and if indeed the Shasta Deposit is actually part of a bigger related mineralized system.