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Toogood Gold Completes Phase 2 Fieldwork at Toogood Gold Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2026) - Toogood Gold Corp. (TSXV: TGC)...
About this update from Toogood Gold Corp.
[{"type":"text","content":"Toogood Gold Completes Phase 2 Fieldwork at Toogood Gold Project, NewfoundlandVancouver, British Columbia--(Newsfile Corp. - January 6, 2026) - Toogood Gold Corp. (TSXV: TGC) (OTCQB: TGGCF) (FSE: D3P) (\"Toogood\" or the \"Company\") today announces the completion of its Phase 2 fieldwork program (\"Phase 2\") at its 100%-owned Toogood Gold Project (\"Toogood\" or the \"Project\"), located on New World Island in the mining-friendly jurisdiction of Newfoundland, Canada.Key Point SummaryProspecting, rock and soil sampling, and geological and structural mapping completed at the newly acquired Golden Nugget Property (\"Golden Nugget\") targeting an 8.5-kilometer-long high-grade outcrop trend with a subset of 148 historical rock samples that grade ≥1 g/t Au and average ~7 g/t Au (see news release dated October 1, 2025);Continuation of regional soil sampling within the underexplored northeastern block (\"NE Block\"), and infill sampling of anomalies return from Phase 1 soil sampling;Ground-truthing of geophysical targets from the 2025 Deep Ground Penetrating Radar (\"DGPR\") survey at the Quinlan Zone (see news release dated December 18, 2025);Phase 2 fieldwork was completed in four weeks, and all assays remain pending.Management Commentary\"Following a very successful 2025 exploration season, Phase 2 marks the next step in systematically expanding our discovery footprint across the Toogood district,\" stated Colin Smith, CEO of Toogood Gold Corp. \"The combination of regional high-grade historical outcrop sampling at Golden Nugget, new geophysical targets at Quinlan, and extensive underexplored ground to the northeast translates multiple near-term catalysts as we continue building momentum into 2026.\"Phase 2 FieldworkPhase 2 of the 2025 exploration campaign at the Toogood Gold Project comprised a comprehensive surface program integrating geological mapping, structural analysis, soil geochemistry, and rock sampling across multiple high-priority areas. Work focused on three core components:Golden Nugget Property Mapping: Detailed geological and structural mapping along the 8.5-km-long coastal trend at the recently acquired Golden Nugget Property (Figure 2);Area is characterized by abundant high-grade historical outcrop samples (n = 129) averaging 7 g/t Au, with select values exceeding 127 g/t Au;This work will help to refine mi...