Vancouver, British Columbia — January 13, 2026 — Leads & Copy — Toogood Gold Corp. reported final drilling assays at its 100%-owned Toogood Gold Project on New World Island in Newfoundland, Canada.
The company (TSXV: TGC) (OTCQB: TGGCF) (FSE: D3P) said all 30 drill holes intersected the Quinlan felsic dyke and returned gold, with high-grade intervals and visible gold in 10 of 30 holes indicating a continuous unconstrained mineralized system.
The drill-confirmed scale of the Quinlan has materially expanded, the company said. Down-dip geometry has increased from ~120 m to ~240 m, and strike length extent from ~200 m to ~350 m, with mineralization and geological control open in all directions.
According to the company, the strongest 2025 intercept at Quinlan (25TG014: 29.31 m @ 2.20 g/t Au from 35.00 m) was intersected at the southwestern extent of drilling, establishing this open strike direction as a high priority trend for the next phase of drilling.
The first-ever drilling at the Mélange Contact returned gold in all holes with all 3 holes reporting gram to multi-gram gold, the company said.
The company also noted that drilling at both Quinlan and Mélange are vectoring mineralization to the southwest and west, respectively, and the convergence of both these trends now represents a top-priority structural intersection drill target.
Mélange drilling results establish target as a prospective, gold-bearing corridor, unlocking >15 kilometers of undrilled, prospective trend, according to the company.
Extensive systematic exploration warranted throughout the district-scale Mélange trend, including extensive soils and detailed structural mapping to refine future drill targets, the company noted.
A total of 1,999 metres in 33 diamond drill holes were completed at the Project from July to September 2025. The program was designed to (i) systematically expand the Quinlan gold system along strike and down-dip through a combination of step-out and delineation drilling, and (ii) complete the first-ever drill test of the Mélange Contact, a regionally extensive lithological/structural boundary interpreted to represent a prospective district-scale target corridor.
At Quinlan, 30 of 30 holes successfully intersected the targeted mineralized felsic dyke and all 30 holes reported gold, with visible gold logged in 10 of 30 holes. Drilling materially expanded the drill-confirmed scale of the Quinlan dyke to ~350 m of strike (75% increase) and expanded the down-dip extent to ~240 meters (100% increase), with the broader mineralized system remaining open in all directions.
At the Mélange Contact, 3 of 3 holes intersected a sulphidic (py-asp ± cpy) gold-bearing structural contact zone and returned gram to multi-gram gold, supporting the Company’s thesis that Mélange represents a previously untested, district-scale target. These initial results open up a >15 km long prospective, largely undrilled trend for systematic follow-up.
“2025 drilling at Toogood materially expanded the mineralized felsic dyke (down-dip +100%, strike +75%) and confirmed the Mélange Contact as a district-scale gold-bearing trend that extends for more than 15 km across the Toogood Gold Project,” said Colin Smith, CEO of Toogood Gold Corp. “A 100% hit rate of gold-bearing sulphidic contact mineralization at Mélange validates this corridor and warrants immediate, systematic follow-up to define geochemical and structural drill targets.”
Colin Smith, Director & CEO
+1 778 726-3356
info@toogoodgoldcorp.com
Source: Toogood Gold Corp.
