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TDG Announces Positive Results from Ongoing Metallurgical Test Work - Conventional Processing Achieves >90% Gold and Silver Recoveries At Shasta, Toodoggone District
VANCOUVER, British Columbia, June 17, 2026 (GLOBE NEWSWIRE) -- TDG Gold Corp. (“TDG” or the “Company”) (TSXV: TDG | OTCQX: TDGGF) is pleased to provide an update on the ongoing metallurgical test work being completed by Base Met Labs, managed by Ausenco Engineering Canada ULC (“Ausenco”). Test work to date has demonstrated the amenability of the Shasta deposit, METS prospect and Baker tailings mineralization to a simple, conventional gravity and flotation process that produces gold-silver sulphi
About this update from Tdg Gold Corp
VANCOUVER, British Columbia, June 17, 2026 (GLOBE NEWSWIRE) -- TDG Gold Corp. (“TDG” or the “Company”) (TSXV: TDG | OTCQX: TDGGF) is pleased to provide an update on the ongoing metallurgical test work being completed by Base Met Labs, managed by Ausenco Engineering Canada ULC (“Ausenco”). Test work to date has demonstrated the amenability of the Shasta deposit, METS prospect and Baker tailings mineralization to a simple, conventional gravity and flotation process that produces gold-silver sulphide concentrates. This test work is a key component to support the previously announced Preliminary Economic Assessment (“PEA”) on its 100%-owned Shasta Gold-Silver Project (“Shasta” or the “Project”), located within the Greater Shasta-Newberry Project area in the Toodoggone District of north-central British Columbia. Ausenco has been appointed as lead consultant for the PEA. 2026 Metallurgical Test Work Highlights: "Shasta’s metallurgical performance compares favourably with many advanced-stage epithermal gold-silver projects in British Columbia, achieving greater than 90% recoveries for both gold and silver through a conventional flotation process while maintaining a very low concentrate mass pull,” commented Fletcher Morgan, TDG’s CEO. “The concentrate generated from locked-cycle testing contained 45.4% sulphur at a mass pull of only 1.4%, (Table 1), demonstrating highly selective recovery of sulphide-hosted gold and silver mineralization. Furthermore, silver contributes approximately 35–40% of the recovered metal value in the tested Shasta composites, highlighting the project's meaningful silver exposure alongside the gold production." Table 1: Metallurgical Balance – Locked Cycle Test (MC1). *Gravity concentrate was assayed to extinction for gold. Silver and sulphur values are estimated from other tests and head grade reconciliation. Low Impurity Mineralization Multi-element ICP and whole rock analyses were completed on the samples that informed the test work. Samples have demonstrated low copper concentrations, generally less than 100 ppm, except for the Baker TSF (Tails-2 sample), which returned 286 ppm. Arsenic concentrations were below 12 ppm for all samples except the METS and Tails-2 samples which measured 18 and 20 ppm, respectively. No other elements of interest or concern were measured at significant levels. Shasta Metallurgical Evaluatio...