TDG Gold Corp. reported high-grade, near-surface gold (Au) mineralization intercepted in the first diamond drillhole at TDG's 100% owned Mets mining lease located in the Toodoggone District of north-central B.C. Diamond drillhole (HQ, Oriented) MT23-001 was completed in the Mets A-Zone1 and intercepted: 11.1 grams per tonne ("g/t") Au, 1 g/t silver ("Ag") over 20.0 metres ("m") from 19.0 m downhole depth; and including 21.3 g/t Au, 1 g/t Ag over 7.0 m from 24.0 m downhole depth. 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. Fine visible gold was noted in the discharge from the cutting saw and hence core was split with a core splitter to minimize gold losses.

Results from additional drillholes completed at Mets are pending. TDG's Mets mining lease is a gold-rich 200-hectare developed prospect1 with 8,784 m of historical diamond drilling2,3 and 2,622 m of trenching2 which took place between 1985-1990, and approximately 350 m of underground development2 completed in 1991-1992. Development work ceased in late 1992, before production commenced.

Mets is road accessible and located ~23 kilometres ("km") northwest of TDG's former producing Baker mine, mill and tailings storage facilities. In October 2022, TDG received a 30-year extension to the Mets mining lease through to April 2053. In November 2022, TDG received the complete archive of historical work completed at Mets, including laboratory assay certificates.

In December 2022, TDG published a high-grade underground Exploration Target Range (ETR) for Mets based on TDG's recompilation of the available historical information. Mets is classified as a "developed prospect1" having previously had a historical mineral resource and reserve4 estimate and approximately 350 m of underground development in the A-Zone1 completed in 1992. The A- Zone1 is defined over approximate 130 m of strike length with a high density of historical drilling (the locus of the underground development).

The hole reported in this news release was drilled within the Mets A-Zone1 to confirm the 1980s drilling results and modern drill results from additional holes completed at Mets are pending.