on TDG Gold Corp. (isin : CA87190J1057)
TDG Gold Corp. Releases Updated Mineral Resource Estimate
TDG Gold Corp. announced an updated Mineral Resource Estimate (MRE) for the Shasta and Tailings Storage Facility (TSF1) projects. The updates reflect improved grades and a reduced volume of waste rock. The Shasta deposit now indicates a resource of 515.8 thousand ounces of gold equivalent (AuEq), grading 1.35 grams per tonne. An inferred resource at TSF1 offers an inaugural estimate of 12,120 ounces AuEq.
Key factors include a significant silver contribution, comprising 25% of the AuEq resource, and proximity to the Newberry exploration target. CEO Fletcher Morgan emphasized exploration potential in the Shasta and Newberry areas, targeting further resource expansion.
The company plans to bolster resources through infill and scout drilling, exploring the Greater Shasta-Newberry project for additional zones. A detailed technical report will follow within 45 days to support the economic viability of these new estimates.
R. E.
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