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TDG Gold Corp. Expands The Cody Lee Zone At Greater Shasta-Newberry, Toodoggone

WHITE ROCK, BC / ACCESSWIRE / April 3, 2023 / TDG Gold Corp. (TSXV:TDG) (the "Company" or "TDG") ...

articleTdg Gold CorpApril 3, 20234/company/tdggoldcorp/news/tdg-gold-corp-expands-the-cody-lee-zone-at-greater-shasta-newberry-toodoggone
TDG Gold Corp. Expands The Cody Lee Zone At Greater Shasta-Newberry, Toodoggone

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[{"type":"text","content":"TDG Gold Corp. Expands The Cody Lee Zone At Greater Shasta-Newberry, ToodoggoneWHITE ROCK, BC / ACCESSWIRE / April 3, 2023 / TDG Gold Corp. (TSXV:TDG) (the \"Company\" or \"TDG\") is pleased to report expansion of the Cody Lee1 Zone by +200 % from that previously reported (news release January 25, 2023). TDG has identified two mineralized targets within the Cody Lee1 Zone based on the analysis of seven historical2,3 diamond NQ drillholes totalling ~800 metres (\"m\") from 1989 (Figure 1).Highlights from the historical2,3 drilling in the Cody Lee Zone include SH89-34 which intercepted 23.6 m of 2.53 grams per tonne (\"g/t\") gold (\"Au\") and 34 g/t silver (\"Ag\") from 27.9 m depth (Table 1).The Cody Lee1 Zone is one of five higher priority exploration target zones1 located within TDG's Greater Shasta-Newberry project1. The expansion of the Cody Lee1 Zone brings its boundary to within 250 m of the Shasta deposit and increases the opportunity to connect these zones through further systematic, scientific exploration (Figure 2).Steven Kramar, TDG's VP Exploration, commented: \"We hope to see ‘rediscoveries' such as the two mineralized targets we've now identified within the Cody Lee Zone as we continue to recompile the large amount of historical data and information available for Greater Shasta-Newberry. The Cody Lee Zone is open along strike of the gold-in soil anomaly, which anomaly also coincides with the results of our broader VLF EM and ground magnetic studies completed in 2022.The historical drill cores from these and other similar vintage drillholes are potentially stored in the core field at Shasta. Laboratory assays indicate only ~50% of these drill cores (by length) were analyzed historically. If the historical core can be recovered, it could be relogged and analyzed which may help identify additional mineralization through assaying all the available core5. Modern HQ diamond drilling (larger diameter than historical size) at Shasta has typically delivered up to +15% grade increase in gold versus historical assay results, meaning that the historical information we've recompiled may underestimate the potential of these targets.\"Figure 1 - Cody Lee Zone Schematic Cross Section showing mineralized exploration target areas. Figure 2 - Cody Lee1 Zone illustrating expansion in size and relation to Greater Shasta-Newberry...

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