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Toogood Gold Reports Final Drilling Assays, with All Holes Reporting Gold, Including First 3 of 3 Holes at Mélange Contact
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2026) - Toogood Gold Corp. (TSXV: TGC)...
About this update from Toogood Gold Corp.
[{"type":"text","content":"Toogood Gold Reports Final Drilling Assays, with All Holes Reporting Gold, Including First 3 of 3 Holes at Mélange ContactVancouver, British Columbia--(Newsfile Corp. - January 13, 2026) - Toogood Gold Corp. (TSXV: TGC) (OTCQB: TGGCF) (FSE: D3P) (\"Toogood\" or the \"Company\") today reported final drilling assays 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 SummaryQuinlan verified as a coherent gold system, open in all directions: All 30 drill holes intersected the Quinlan felsic dyke and returned gold, with high-grade intervals and visible gold in 10 of 30 holes indicating a continuous unconstrained mineralized system (see Tables 1-2);Drill-confirmed scale of the Quinlan has materially expanded: Down-dip geometry has increased from ~120 m to ~240 m, and strike length extent from ~200 m to ~350 m, with mineralization and geological control open in all directions;Priority expansion direction defined: The strongest 2025 intercept at Quinlan (25TG014: 29.31 m @ 2.20 g/t Au from 35.00 m) was intersected at the southwestern extent of drilling, establishing this open strike direction as a high priority trend for the next phase of drilling;First-ever drilling at the Mélange Contact returned gold in all holes: 100% hit rate of the never-before drilled Mélange Contact (\"Mélange\"), with all 3 holes reporting gram to multi-gram gold (Table 1);Clear vectoring toward structural convergence: Drilling at both Quinlan and Mélange are vectoring mineralization to the southwest and west, respectively, and the convergence of both these trends now represents a top-priority structural intersection drill target;District-scale exploration potential: Mélange drilling results establish target as a prospective, gold-bearing corridor, unlocking >15 kilometers (\"km\") of undrilled, prospective trend;Key targets for next phase of work established: Extensive systematic exploration warranted throughout the district-scale Mélange trend, including extensive soils and detailed structural mapping to refine future drill targets.Management Commentary\"2025 drilling at Toogood materially expanded the mineralized felsic dyke (down-dip +100%, strike +75%) and confirmed the Mélange Contact as a distr...