TDG Gold Corp. Announces Exploration Target Range for the Former Producing Gold-Silver Shasta Mine, Toodoggone Region, British Columbia
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Figure 1. Grade shell using 0.1 gpt AuEq (top) and Shasta mineralized zones (bottom).
These ranges are conceptual in nature since the Shasta Project requires further drilling and surface sampling to validate the geological and statistical assumptions used. Although all the technical assumptions are supported by the available historical geological data, further drilling may challenge these assumptions. Therefore, there is no certainty that any future resource estimates for the project will achieve the exploration target reported in Table 1.
TDG believes that the exploration target is sufficient to justify undertaking additional exploration activities to confirm the assumptions used in the Exploration Target and advance the Shasta Project towards an NI 43-101 compliant inaugural resource calculation, which would be based on CIM definitions.