Business
Toogood Gold Reports 76.89 g/t Gold and Defines 8.5 Km High-Grade Gold Trend at the Toogood Gold Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2026) - Toogood Gold Corp. (TSXV: TGC) (...
About this update from Toogood Gold Corp.
[{"type":"text","content":"Toogood Gold Reports 76.89 g/t Gold and Defines 8.5 Km High-Grade Gold Trend at the Toogood Gold Project, NewfoundlandVancouver, British Columbia--(Newsfile Corp. - March 25, 2026) - Toogood Gold Corp. (TSXV: TGC) (OTCQB: TGGCF) (FSE: D3P) (\"Toogood\" or the \"Company\") reports final results from its Phase 2 surface exploration program at the Company's 100%-owned Toogood Gold Project (the \"Project\"), located on New World Island, Newfoundland.Highlights:High-grade gold up to 76.89 g/t confirmed, with additional results of 4.88 g/t and 4.49 g/t Au confirmed along the 8.5 km Shoreline gold trend (Figure 2), demonstrating district-scale potential;Additional high-grade mineralization confirmed at key target areas:34.50 g/t, 3.09 g/t and 2.93 g/t Au from quartz veins at Chimo, Vic, and Hank targets;Multiple new kilometre-scale gold corridors outlined in the NE Block (Figures 3 and 4):4 km Burnt Arm Trend, 2 km Western Trend and 1 km Eastern Trend;Strong alignment between gold mineralization and major structural controls supports a scalable, structurally controlled gold system;Over 650 rock and soil samples collected, significantly advancing geological understanding and target definition;Multiple high-priority drill targets defined, with work advancing toward initial drill testing.Management Commentary\"Phase 2 results continue to demonstrate the scale and prospectivity of the Toogood Gold Project, with high-grade gold confirmed along an 8.5-kilometre-long trend and multiple kilometre-scale soil anomalies defined from regional sampling,\" stated Colin Smith, CEO of Toogood Gold Corp. \"The strong alignment between surface mineralization, coherent geochemical signatures, and well-defined structural controls, including key lithological contacts and district-scale faults, provides a robust targeting framework to define and advance a growing pipeline of high-quality drill target corridors.\"Geological Advancement and TargetingPhase 2 exploration at the Toogood Gold Project (Q4, 2025) integrated detailed structural mapping, prospecting, and soil sampling, significantly advancing the geological model. A total of 340 rock and 315 soil samples were collected, identifying new high-grade gold occurrences and multiple kilometre-scale gold-in-soil anomalies (Figure 1).Phase 2 mapping has materially improved the Company's understanding of struc...