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Toogood Gold

TSXV:tgcLive AI agent

Toogood Gold is unlocking value through two compelling gold assets in Tier 1 mining jurisdictions.

Investor website: https://toogoodgoldcorp.com/

About

Toogood Gold is unlocking value through two compelling gold assets in Tier 1 mining jurisdictions. The Company's flagship Table Mountain Project in Nevada is a 4 x 2 km undrilled low-sulphidation epithermal gold system currently being advanced toward its maiden drill program. Complementing this is the Toogood Gold Project in Newfoundland, home to the high-grade Quinlan discovery and significant district-scale exploration upside.

Verified company data

Cash position
$3.2M CAD
Shares outstanding
83.7M
Fully diluted shares
93.3M
Mineral resource
Toogood Gold Corp. has secured an exclusive option to earn a 100% interest in the Table Mountain Project, which is an undrilled, district-scale low-sulphidation epithermal system located in Lincoln County, Nevada. The project features a 4 km by 2 km alteration footprint with multiple outcropping Au-Ag-bearing epithermal veins. Rock assays have shown values up to 2.6 g/t Au and over 50 g/t Ag, with strong Sb-As-Hg pathfinder anomalism. The system remains effectively untested by modern exploration.
Projects
["Toogood Gold Project: Toogood Gold Corp. (TSXV: TGC) today announced that it has commenced a fully-funded, fully-permitted 2000-meter diamond drilling program at the Company's 100%-owned Toogood Gold Project located on New World Island, Newfoundland. The 2000-m program will target extensions of the high-grade, near-surface Quinlan discovery (2022), which produced visible gold-bearing intercepts in 15 of 19 drill holes, including: 23.90 g/t Au over 3.65 m from 4.75 m, incl. 43.22 g/t Au over 1.95 m; 18.27 g/t Au over 4.25 m from 41.25 m, incl. 70.31 g/t Au over 1.05 m; 9.40 g/t Au over 3.18 m from 9.40 m, incl. 22.76 g/t Au over 1.10 m. The Quinlan drilling discovery defined a gold-bearing felsic dyke over 200 m of strike length and 120 m down-dip, with mineralization open in all directions. The 2025 drill program will test Quinlan over 580 m of strike length and potentially 200 m down-dip, testing for regional continuity and scale potential. Gold mineralization at Quinlan extends right to surface, allowing for an average planned drill hole length of only 53 m in the 2025 program, enabling the completion of approximately 40 to 45 holes. Toogood has engaged Rock Valley Drilling Services to complete the program, a well-regarded local drilling contractor headquartered only 60 kilometers south of the Project in Gander. Proposed 2000-m program will be drilled in HQ diameter (63.5 millimeter) core, yielding more detailed geological and structural data, and providing a larger volume of core sample for potential future metallurgical test work. Program will take approximately 6 weeks to complete, with the initial round of assays expected by September."]
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., where he led generative exploration and due diligence programs focused on the Great Basin.), Dr. Stuart F. Simmons (Technical Advisor, Consulting geologist and academic at the University of Utah specializing in epithermal precious-metal deposits and hydrothermal systems. Dr. Simmons has extensive international field experience and has authored or co-authored more than 70 technical papers and reports. Society of Economic Geologists in 2023 and is a recipient of the SEG Silver Medal.), 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.)

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