on TDG Gold Corp. (isin : CA87190J1057)
TDG Gold Expands Land Package in Toodoggone District
TDG Gold Corp. (TSXV:TDG) announced the acquisition of approximately 9,600 hectares of mineral tenures in the Toodoggone District, British Columbia. The new tenures, obtained through an agreement with Volatus Capital Corp., extend TDG's land package to a contiguous block spanning 55 kilometers. This acquisition complements TDG's Baker Complex and Greater Shasta-Newberry projects.
The transaction, valued at $200,000, includes a $100,000 cash payment and the issuance of 752,445 common shares of TDG. The deal is pending approval from the TSX Venture Exchange, and a $20,000 finder's fee will be paid to L&L Consulting GmbH through the issuance of 150,489 common shares.
Historical exploration from 1960 to 2003, totaling $340,000, identified several mineralized target areas. Although no drilling has been conducted, modern geophysical data acquisition has enhanced the understanding of the area's geological potential. TDG plans to integrate historical data with its existing geochemical and geophysical data to provide further targeting information.
R. E.
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