Toogood Gold(TSXV:tgc)

Toogood Gold is advancing its fully permitted, high-grade gold project in a Tier 1 Canadian mining jurisdiction.

Investor website: https://toogoodgoldcorp.com/

About

Toogood Gold is advancing its fully permitted, high-grade gold project in a Tier 1 Canadian mining jurisdiction. The company is backed by a proven team responsible for over C$2B of value generation for shareholders, focusing on high-grade gold discoveries and exploration in Newfoundland, Canada.

Verified company data

Cash position
$4.7M
Shares outstanding
84M
Fully diluted shares
93.3M
Mineral resource
Toogood Gold Corp. holds a 100% interest in the Toogood Gold Project, which is located in Newfoundland, Canada. The project is situated in a highly prospective geological belt that has yielded several significant gold discoveries. The project area is 164 square kilometers and hosts a high-grade gold discovery at the Quinlan site, with visible gold encountered in 15 of 19 drill holes during the 2022 maiden drill program. Follow-up drilling in 2025 confirmed the presence of visible gold in 10 of 30 holes, with mineralization remaining open in all directions. The project benefits from excellent access and infrastructure, positioning it for efficient exploration and development.
Projects
["Toogood Gold Project\n\nProject Highlights\n\n### Highly underexplored, never drill-tested before 2022​\n\n### Initial 2025 Drilling at the High-grade “Quinlan” Gold Discovery Returned High-Grade intercepts\n\n### Visible gold in 25 of 49 drill holes to date, OPEN in all directions\n\n### Both orogenic and epithermal Au, usually favorable metallurgy​\n\n### Excellent access and infrastructure in tier-1 jurisdiction\n\n## 164 sq km\n\nProperty hosting >28 km of highly prospective trend​\n\n## Geological belt\n\nHosts multiple recent significant gold discoveries (same structural terrain as Toogood)​\n\n## 50 km north\n\nQueensway Project (New Found Gold) and 200 km northeast of Calibre’s Valentine Lake Gold Mine (~7.8 Moz Au reserves + resources1)​\n\n## >25 historical\n\nNew prospects with numerous occurrences of coarse (1+ cm) and fine visible gold​\n\n## Bonanza grades\n\nUp to >7800 g/t Au rock sample (7.8 kg/t Au)\n\n## Quinlan Gold Discovery\n\n## 2022 Maiden Drill Program at Quinlan\n\n## Drill assay results include:\n\n- 23.90 g/t Au / 3.65 m from 4.75 m (83 g*m) including 43.22 g/t Au / 1.95 m\n\n- 18.27 g/t Au / 4.25 m from 41.25 m (78 g*m) including 70.31 g/t Au / 1.05 m\n\n- 9.40 g/t Au / 3.18 m from 9.40 m (37 g*m) including 22.76 g/t Au / 1.10 m\n\n- Mineralization remains OPEN in all directions\n\n- Visible gold in core identified in 15 of 19 drill holes\n\n- Drilling defined high-grade in-situ dyke 200 m in strike length and 120 m downdip\n\n- ​19 HQ holes (857.5 m) intersected a 1.5-4.5 m wide altered auriferous felsic dyke\n\n## 2025 Drilling: Early Results\n\n### 2,000ms drilling across 33 holes - completed on time and on budget\n\n### Numerous high-grade, shallow intercepts\n\n### Expansion potential: GPR survey indicates untested strike extensions\n\n### Visible gold confirmed (10/30 holes in 2025 drilling)\n\n### Every hole drilled intercepted the mineralized felsic dyke"]
Leadership
Colin Smith (Director & CEO, Geologist (M.Sc., P.Geo.) and mining executive with 20+ years’ experience; formerly with SSR Mining (Sr. Geologist), Discovery Group (VP Exploration and CEO), now CEO & Director, First Andes Silver), Lee Hess (VP Exploration, Mr. Hess (M.Sc.) is a geologist with over 15 years of experience focused on structurally controlled gold systems across North and South America. He most recently served as Senior Geologist, Global Project Generation with SSR Mining Inc.), Jo Price (Advisor, Geological consultant with 20 years in the field, including 12 years in project management and corporate strategy. Extensive experience in field operations, drill programs, technical database administration, land management, permitting, and community relations, in multiple jurisdictions.), Cheryll Lingal (CFO, Senior Director at RW Global a firm specializing in providing financial and accounting support to venture public companies. In this role she also serves as the CFO of Golden Cross Resources. Prior to joining RW Global she was a manager at Grant Thornton LLP, overseeing assurance engagements for private and publicly traded mining companies.), Matt Roma (director, Seasoned resource finance executive with over 13 years of experience. Currently the CEO and Director of Golden Cross Resources, Co-Founder of Gladiator Metals Corp and previously founding CFO of Snowline Gold Corp. He has played a key role in raising over $150 million in equity capital.), Darren Devine (Director, Principal of CDM Capital Partners, a firm that provides corporate finance and M&A advisory services to private and public companies. Director, officer and/or advisor to a number of junior public companies predominantly in the natural resource including the Chairman of Dolly Varden Silver Corp. and Gladiator Metals Corp. M&A & former securities Lawyer and active member of the TSX Venture Exchange’s Local Advisory Committee.), Shawn Khunkhun (Strategic Advisor, 20 years of experience in the capital markets, mineral exploration and development sector with a focus on enhancing shareholder value. Instrumental in creating awareness for undervalued companies including grass root explorers, developers and producers. Current CEO and Director of Dolly Varden Silver, Director of Goldshore Resources and Director and Executive Chairman of Strikepoint Gold. Facilitated over $1B in capital raises.)

Verified data last updated: 2026-07-03

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