White Rock - TDG Gold Corp. (TSXV: TDG) (the 'Company' or 'TDG') is very pleased to announce the first drill results of its 2021 Shasta diamond drill campaign from holes SH21-004 and SH21-005.

These holes are located over 50 metres ('m') south of historical underground workings and provide the first drill section and new samples of in-situ mineralization. These results have been received directly from SGS Canada Inc. ('SGS') and are the first preliminary 2021 drill results released for TDG's Shasta project which is located in the Toodoggone district of north-central B.C. The results are subject to further quality assurance and quality control assessment, and several over limit re-assays are pending for gold (>10 grams per tonne 'g/t') and silver (>100 g/t) as shown below. The assay results reported either side of the high grade gold and silver intercepts are indicative of halo style mineralization at Shasta and which has been demonstrated to exist in epithermal gold and silver deposits in the Toodoggone district.

These two holes are HQ size drill core and are located over 50 metres south of the underground workings in the Shasta Creek Zone. SH21-004 was drilled to a depth of 130 m and SH21-005 was drilled to a depth of 127 m. The mineralization comprises composite quartz-carbonate veins of varying thickness forming stockwork, with zones of milled brecciated wall rock. Alteration is locally intense silicification with potassic and/or chloritic alteration containing an assemblage of disseminated pyrite, minor chalcopyrite, visible silver sulphides (acanthite) and potentially sulfosalts of silver. Sections of the breccia body have narrow width 10 cm quartz veins where mineralization is clearly visible.

Given the overall zone of mineralization varies in width from 25 m to 50 m and the mineralization is distributed throughout, there is no clear definition of true width per drill sample interval. However current lithological interpretation on section suggests hole SH21-004 drill intersection cuts approximately 90+ % of true mineralized width while hole SH21-005 cuts approximately 75+ % of true mineralized width. Core recovery through these intersections is over 94 %.

About TDG Gold Corp.

TDG is a major mineral claim 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, Baker and Mets mines, which are all road accessible, produced intermittently between 1981-2012, and have over 65,000 m of historical drilling. In 2021, TDG has advanced the projects through compilation of historical data, new geological mapping, geochemical and geophysical surveys, and, for Shasta, drill testing of the known mineralization occurrences and their extensions. The Company has entered into a binding agreement to acquire the Nueva Esperanza silver-gold advanced exploration and development project located in the Maricunga Belt of northern Chile, subject to closing conditions being satisfied. TDG currently has 70,867,903 common shares issued and outstanding.

Contact:

Tel: +1.604.536.2711

Email: info@tdggold.com

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 'plan', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate', 'suggest', 'indicate' and other similar words or statements that certain events or conditions 'may' 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 exploration activities; conclusions of economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; 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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