TDG Gold Corp (TSXV:TDG) (the 'Company' or 'TDG') is pleased to report further high-grade, near-surface gold ('Au') mineralization intersected in two additional diamond drillholes at TDG's 100 % owned Mets mining lease located in the Toodoggone District of north-central B.C.

Diamond drillhole (HQ, oriented) MT23-003 was completed in the Mets A-Zone1 and intersected: 8.95 grams per tonne ('g/t') Au, 2 g/t silver ('Ag') over 9.2 metres ('m') from 71.0 m downhole depth using a cut-off grade ('COG') of 3.00 g/t Au; including 14.85 g/t Au, 3 g/t Ag over 4.8 m from 75.4 m downhole depth, using a COG of 5.00 g/t Au.

Diamond drillhole (HQ, oriented) MT23-002 was completed in the Mets A-Zone1 and intersected: 5.09 g/t Au, 2 g/t Ag over 8.6 m from 45.0 m downhole depth, using a COG of 3.00 g/t Au.

Assay results were received from MSA Labs Canada ('MSA'). Results are considered preliminary with the necessity to run metallic screen analysis for individual samples reporting > 20 g/t Au. Final results will be reported in due course. Results from additional drillholes completed at Mets are pending.

Steven Kramar, TDG's VP Exploration, commented: 'These two latest drillholes, combined with hole MT23-001 reported on September 7, 2023, demonstrate the continuity of high-grade gold mineralization over 100 m of the known historical 130 m strike length of the Mets A-Zone. The high-grade mineralization appears to moderately plunge to the north, which is in line with our expectations from our geological modelling. Our drilling at Mets this season has already given us a much clearer understanding of the mineralizing system at Mets, and we have now commenced a follow-up geophysical survey to help define drill targets along the 1km of potential strike length of the Mets system.'

About TDG Gold Corp.

TDG is a major mineral tenure holder in the historical Toodoggone Production Corridor of north-central British Columbia, Canada, with over 23,000 hectares of brownfield and greenfield exploration opportunities under direct ownership or earn-in agreement. TDG's flagship projects are the former producing, high-grade gold-silver Shasta and Baker mines, which produced intermittently between 1981-2012, and the historical high-grade gold Mets developed prospect, all which are all road accessible, and combined have over 65,000 m of historical2,3 drilling. The projects have been advanced through compilation of historical2 data, new geological mapping, geochemical and geophysical surveys and, at Shasta, 13,250 m of modern HQ drill testing of the known mineralization occurrences and their potential extensions. In May 2023, TDG published an updated Mineral Resource Estimate for Shasta. In September 2023, TDG published the first modern drill results from the Mets mining lease.

Contact:

Tel: +1.604.536.2711

Email: info@tdggold.com

Forward Looking Statements

This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as 'appear',' interpret', 'anticipate', 'unlock', 'extend', 'continuity', 'target', 'underway', 'demonstrate', 'track', 'clearer', and variations of these words as well as other similar words or statements that certain events or conditions 'could', 'may', 'should', 'would' or 'will' occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current and planned exploration activities including the potential for the definition of a high-grade gold or other style of mineral deposit with economic grades within the Mets mining lease; results from future exploration programs; conclusions of future economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in grades of mineralization and/or future actual recovery rates; accidents, labour disputes and other risks of the mining industry; the availability of sufficient funding on terms acceptable to the company to complete the planned work programs; delays in obtaining governmental approvals or financing and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

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