TSXV: TGC
Toogood Gold Project
Highlights
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118 sq km property hosting >28 km of highly prospective trend
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Geological belt hosts multiple recent significant gold discoveries (same structural terrain as Toogood)
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50 km north of Queensway Project (New Found Gold) and 200 km northeast of Calibre’s Valentine Lake Gold Mine (~7.8 Moz Au reserves + resources1)
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>25 historical and new prospects with numerous occurrences of coarse (1+ cm) and fine visible gold
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Bonanza grades, up to >7800 g/t Au rock sample (7.8 kg/t Au)
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Highly underexplored, never drill-tested before 2022
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High-grade drilling discovery (2022) at “Quinlan”
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Visible gold in 15 of 19 drill holes, OPEN in all directions
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Both orogenic and epithermal Au, usually favorable metallurgy
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Excellent access and infrastructure in tier-1 jurisdiction
Toogood Gold's land package is located in a 118 sq m geological belt that hosts several major discoveries including Marathon Gold's Valentine Lake Project, acquire by Calibre Gold for $350 M
Past drilling at the Quinlan prospect (2022): 19 HQ-sized drill holes totalling 857.5 m identified a 1.5-4.5 m wide altered felsic dyke hosted in shale.
Quinlan Gold Discovery
2022 Maiden Drill Program at Quinlan
Drill assay results include:
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23.90 g/t Au / 3.65 m from 4.75 m (83 g*m) including 43.22 g/t Au / 1.95 m
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18.27 g/t Au / 4.25 m from 41.25 m (78 g*m) including 70.31 g/t Au / 1.05 m
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9.40 g/t Au / 3.18 m from 9.40 m (37 g*m) including 22.76 g/t Au / 1.10 m
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19 HQ holes (857.5 m) intersected a 1.5-4.5 m wide altered auriferous felsic dyke
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Visible gold in core identified in 15 of 19 drill holes
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Drilling defined high-grade in-situ dyke 200 m in strike length and 120 m downdip
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Mineralization remains OPEN in all directions
Exploration Plan
Commencing Q3 2025, near-term catalysts anticipated.
2025 Drill Program
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2,000 m diamond drilling program planned for Q3 2025
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Fully permitted, access roads in place
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Significant step-outs along strike and down-dip at Quinlan
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Investigate Quinlan MRE potential
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Test for areas of potential dilation (bends/jogs/structural intersections)
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Test additional high-priority target(s)
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Anticipated start in June
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First results expected Q3 2025
2,000m diamond drill program planned for Q3 2025 to advance the Quinlan target and test new drill targets
2025 Regional Exploration
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Systematic sequential exploration methodology
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Same approach led to Quinlan Discovery
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Regional geochemical survey, aiming to cover full project by 2026
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Prospecting and geological mapping
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Rapid evaluation of targets to accelerate discovery timeline
