TDG Gold Corp. (TSX-V:TDG) (the 'Company' or 'TDG') is pleased to provide the third and final targeting from TDG's 100% owned Mets mining lease located in the Toodoggone District of north-central B.C.

This news release describes additional targets resulting from interpretation of TDG's high-resolution geophysical program conducted at Mets in 2023 identifying 1,400 metres ('m') of potential additional trends1 comprising two new target areas1 that have never been drill tested: Mets Southwest and Mets Northeast and a third target with a distinct 'ring shape' geophysical feature ('Ringo') suggestive of an alteration feature rimming an intrusive or volcanic center .

Steven Kramar, TDG's VP Exploration, commented: 'Mets Southwest and Mets Northeast trends appear to be compelling target areas1. The Mets Southwest trend presents geophysical, geochemical, and topographical lineaments that are very similar to those hosting the A-Zone.'

The high-grade gold within the Mets A-Zone, confirmed by TDG's drilling in 2023, appears to be coincident with certain distinct geophysical characteristics. TDG has used these characteristics to define other target areas1 including potential northern and southern extensions to anomalies associated with the A-Zone and, in this news release, to two parallel trends.

METS SOUTHWEST TREND 1

This trend is defined by a very strong north-south conductive zone and coincident magnetic susceptibility low. The target area extends over 900 m, and the geophysical features have similar magnitudes as over the Mets A-Zone. The trend is characterized as a Very Low Frequency Electromagnetic ('VLF-EM') response that appears to be developing at depth, a coincident characteristic magnetic susceptibility low and a soil geochemical anomaly (news release Nov 14, 2023). This is a highly prospective trend with the same orientation and similar geophysical characteristics as the trend hosting the A-Zone, and has nearly no historical work with the closest drillhole being over 500 m away.

AMEBC Roundup (Core Shack) January 22-23, 2024

TDG will be at the AMEBC Roundup Conference (Core Shack booth 827) in Vancouver from January 22-23, 2024, at the Vancouver Convention Center East and will be pleased to provide further information and updates on the Company and its projects.

1Mineral Exploration/Exploration Target Area(s): TDG is a mineral exploration focused company and the Company's Projects are in the mineral exploration stage only. The degree of risk increases substantially where an issuer's properties are in the mineral exploration stage as opposed to the development or operational stage. Exploration targets and/or Exploration zones and/or Exploration areas are speculative and there is no certainty that any future work or evaluation will lead to the definition of a mineral resource.

2Historical Data: This news release includes historical information that has been reviewed by TDG's qualified person (QP). TDG's review of the historical records and information reasonably substantiate the validity of the information presented in this news release; however, TDG cannot directly verify the accuracy of the historical data, including (but not limited to) the procedures used for sample collection and analysis. Therefore, any conclusions or interpretations borne from use of this data should be considered too speculative to suggest that additional exploration will result in mineral resource delineation. TDG encourages readers to exercise appropriate caution when evaluating these data and/or results.

3Historical Drillcore Sampling & Assay Methodology: Historical drillcore was geologically logged with lithologies identified and notable geological features recorded. Historical drillcore was split in half (and in rare cases sawn in half) along sample intervals (lithology and mineralization dependant) generally less than 3 m. Chemical analysis was performed dominantly for precious metal analysis (Au and Ag), and infrequently for base metals (Pb, Zn, Cu), and rarely for major elements and trace elements. Historically, different commercial laboratories were utilized in addition to an assay lab at Baker Mine Site. These lab facilities may or may not have had accreditation and in all cases accreditation (if applicable) pre-dated current ISO standards. Over that period, a variety of digestion and assay methods were used, including atomic absorption, fire assay atomic absorption, aqua regia atomic absorption and aqua regia ICP with varying detection limits. Reference materials (if any) were inserted at the analytical level and thus were unblind to the facility processing the samples.

4Unassayed Historical Drill Core: Historical drill core intersections, lengths or intervals referenced for re-assay or geological analysis may not be available or suitable for sampling. Historical drill cores were inherited with the project and TDG provides no guarantees or warranties that these drill cores are part of the historical inventory, are available and/or have not degraded to a state that would render them wholly unusable for the purposes of scientific investigation. TDG provides no warranties/guarantees that these historical un-assayed drill cores host precious or base metal mineralization.

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 of which are road accessible, and combined have over 65,000 m of historical drilling. The projects have been advanced through compilation of historical 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 which remains open at depth and along strike. In January 2023, TDG defined a larger exploration target area adjacent to Shasta. In late 2023, TDG published the first modern drill results from the Mets mining lease.

Contact:

Fletcher Morgan

Chief Executive Officer

TDG Gold Corp.,

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', 'coincident', 'potential', 'confirm', 'suggest', 'distinct', 'encourage', 'define', 'anomaly', 'similar', 'prospective,', 'characterize' 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 of potential economic value within the Mets mining lease; that geophysical survey results and interpretations thereof are defining potentially mineralized corridors; results from future exploration programs including drilling; interpretation and meaning of completed and future geophysical surveys; 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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