VANCOUVER – TDG Gold Corp. [TDG-TSXV] intersected a 194-metre drill intercept of 1.10 g/t gold and 25 g/t silver (1.41 g/t gold equivalent – AuEq) spanning the JM and Creek zones in drill hole SH21-026 at its 100%-owned former-producing Shasta project in the Toodoggone district of north-central British Columbia.
“These assay results from drill hole 26 of our 2021 exploration program at Shasta are very important because they confirm continuity of mineralization between the two mineralized zones that were historically mined on a small scale,” commented Steven Kramar, TDG’s BC Program Lead/Senior Geologist.
“Our exploration concept at Shasta from the outset was that significant widths of medium to lower grade gold and silver mineralization, hosted in breccia and stockwork, occur as halos contiguous to the higher-grade pods and veins. The depth from surface perpendicular to the end of hole 26 is approximately 170 m to 175 m vertical, which makes this one of the deepest holes ever drilled at Shasta. It’s still early days for us at Shasta, but we’re very pleased and excited by what we’ve seen and learned so far, as we look to define a potentially bulk mineable gold and silver deposit.”
Other key intercepts in the 2021 drilling at the JM/Creek Zone include 73.7 metres of 1.43 g/t AuEq, including 12.0 metres of 4.57 g/t gold in hole SH21-025. Within the 194.0 metres of 1.41 g/t AuEq, hole SH21-026 returned 19.4 metres of 2.55 g/t AuEq, 1.5 metres of 25.80 g/t AuEq, 9.0 metres of 8.72 g/t AuEq and 1.5 metres of 40.29 g/t AuEq.
A complete assay table of results for drill hole SH21-026 can viewed on the TDG Gold press release.
Drillhole SH21-026 was planned to twin historical hole SH87-23 and also to confirm mineralization past the final depth of SH87-23 across the width of the deposit westerly from the JM Zone to the Creek Zone into the Shasta Fault. The drill hole intersected a long, broad width of mineralization throughout the whole section of the conceptual pit (defined by historical data), including some low-grade mineralization after the Shasta Fault (on the hanging wall side) at approximately 267 metres downhole.
Refer to company press release for significant historical results.
About TDG Gold is a major mineral claim holder in the historical Toodoggone Production Corridor with over 23,000 hectares of brownfield and greenfield exploration opportunities under direct ownership or earn-in agreement. TDG’s flagship projects are the former producing, high grade gold-silver Shasta, Baker and Mets mines, which are all road accessible, produced intermittently between 1981 and 2012, and have over 65,000 metres of historical drilling. In 2021, TDG advanced the projects through compilation of historical data, new geological mapping, geochemical and geophysical surveys, and, for Shasta, drill testing of the known mineralization occurrences and their extensions.