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TDG Gold Commences 2022 Field Program at Shasta and Comments on Sustainability Award
WHITE ROCK, BC / ACCESSWIRE / June 21, 2022 / TDG Gold Corp - (TSXV:TDG) (the "Company" or "T...
About this update from Tdg Gold Corp
[{"type":"text","content":"TDG Gold Commences 2022 Field Program at Shasta and Comments on Sustainability AwardWHITE ROCK, BC / ACCESSWIRE / June 21, 2022 / TDG Gold Corp - (TSXV:TDG) (the \"Company\" or \"TDG\") is pleased to announce the commencement of its fully funded 2022 field program. Initial fieldwork will involve the completion of analysis of the 2021 oriented core, relogging of historical core, and finalisation of drill collar locations for the Phase Two diamond drilling at Shasta which directly targets mineral resource growth (see Figures 1 and 2).Management believes TDG represents a compelling investment opportunity for six key reasons:Low valuation with a strong cash position of over C$8,000,000 and significant institutional ownership.Direct pathway to resource growth at Shasta from the proposed Phase Two diamond drilling.Leadership, management and technical teams with proven track records of exploration success.Infrastructure including road accessible projects, camp, mill, tailings and Mines Act permit.An award-winning approach to ESG.Exploration upside including four newly identified targets within the Baker-Shasta Mine complex.2022 Shasta Field ProgramAs per 2021, TDG will be diamond drilling HQ diameter, oriented core at Shasta with the following key aims (see Figure 1):step systematically north from the higher-grade gold-silver (\"Au-Ag\") discovered in 2021 (see TDG news release February 7, 2022) within the Cayley-Rainier Zone located ~500 metres (\"m\") south of the historically mined JM Pit;test the down plunge extension of the Shasta Fault with known mineralization (see TDG news release March 29, 2022) left in situ from historical small scale mining efforts;systematically drill south past the extent of the 2021 drilling on the Shasta Fault side, in an area where historical assaying was <25% of the total hole length; and,drill test north at the edge of the 2022 initial National Instrument 43-101 Mineral Resource Estimate area in an area of low drill density and downhole geological information.TDG expects the initial stage of the Phase Two drilling to commence in early July and take until mid-August with the first preliminary assays expected in September 2022.In parallel, TDG will undertake further prospecting work, soil sampling and ground geophysics to finalise additional targets for drill testing of potential extensions to the cu...