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TDG Gold Corp. Intersects 34.0 Metres of 8.49 G/T Gold Equivalent in the Creek Zone, Shasta Project, Toodoggone District, B.C.
WHITE ROCK, BC / ACCESSWIRE / March 29, 2022 / TDG Gold Corp. (TSX-V:TDG) (the "Company" or "...
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[{"type":"text","content":"TDG Gold Corp. Intersects 34.0 Metres of 8.49 G/T Gold Equivalent in the Creek Zone, Shasta Project, Toodoggone District, B.C.WHITE ROCK, BC / ACCESSWIRE / March 29, 2022 / TDG Gold Corp. (TSX-V:TDG) (the \"Company\" or \"TDG\") is pleased to report a 34.0 metre (\"m\") drill intercept of 7.19 grams per tonne (\"g/t\") gold (\"Au\") and 105 g/t silver (\"Ag\") [8.49 g/t AuEq*] in hole SH21-040B (Figure 1) located in the Creek Zone, contained within a broader interval of 76.3 m of 3.33 g/t Au and 51 g/t Ag [3.97 g/t AuEq*] at TDG's former producing Shasta project in the Toodoggone District, B.C (Figure 2).DDH SH21-040B intersected: 34.0 m of 7.19 g/t Au and 105 g/t Ag from 59.0 m depthFigure 1. Schematic Cross section of Drillhole SH21-040B.*Gold equivalent (AuEq) is used for illustrative purposes, to express the combined value of Au and Ag as a percentage of Au. Calculations are uncut and no allowances have been made to accommodate potential recovery losses that would occur in a mining scenario. AuEq is calculated using 80:1 silver to gold ratio. Composite results were built using a 0.1 g/t AuEq cut-off, although there are intervals within the composites below 0.1 g/t AuEq.Figure 2. Plan view of drillholes SH21-040 and SH21-040B, Creek Zone.Steven Kramar, TDG's Senior Geologist and B.C. Program Lead, commented: \"SH21-040 and SH21-040B were designed to drill into the central part of the mineralized target area within the Creek Zone, stepping back away from the historical mine workings. These results demonstrate that high-grade material has been left in situ by previous operators. It also gives us the opportunity to track this style of grade and thickness at Shasta to the west of SH21-040B and parallel along strike of the Shasta Fault.\"SH21-040 was originally designed to confirm continuity of grade in historical holes in proximity that were drilled to shallow depths and under-assayed. Hole SH21-040 was not completed to depth as it terminated in a void, interpreted to be mine workings likely due to inaccurate information from a series of historical collar locations, and which hole SH21-040 has now helped to rectify. Hole SH21-040B was drilled ten degrees steeper and achieved the objective of passing through to the target depth of 120 m. Assay results returned precious metal concentrations significantly higher than anticipated bas...