Toogood Gold(TSXV:tgc)

Toogood Gold is advancing its fully permitted, high-grade gold project in a Tier 1 Canadian mining jurisdiction.

Investor website: https://toogoodgoldcorp.com/

About

Toogood Gold is advancing its fully permitted, high-grade gold project in a Tier 1 Canadian mining jurisdiction. The company is backed by a proven team responsible for over C$2B of value generation for shareholders, focusing on high-grade gold discoveries and exploration in Newfoundland.

Verified company data

Cash position
$4.7M
Shares outstanding
84M
Fully diluted shares
93.3M
Mineral resource
Toogood Gold's land package is located in a 164 sq km geological belt that hosts several major discoveries including Marathon Gold's Valentine Lake Project, acquired by Calibre Gold for $350 M. The project has visible gold in 25 of 49 drill holes to date, with mineralization remaining open in all directions. Drill assay results include high-grade intercepts such as 23.90 g/t Au / 3.65 m from 4.75 m, 18.27 g/t Au / 4.25 m from 41.25 m, and 9.40 g/t Au / 3.18 m from 9.40 m. The mineralization remains open in all directions, and there are numerous occurrences of coarse and fine visible gold, with bonanza grades up to >7800 g/t Au rock sample.
Projects
["Toogood Gold Project\n\nProject Highlights\n\n### Highly underexplored, never drill-tested before 2022​\n\n### Initial 2025 Drilling at the High-grade “Quinlan” Gold Discovery Returned High-Grade intercepts\n\n### Visible gold in 25 of 49 drill holes to date, OPEN in all directions\n\n### Both orogenic and epithermal Au, usually favorable metallurgy​\n\n### Excellent access and infrastructure in tier-1 jurisdiction\n\n## 164 sq km\n\nProperty hosting >28 km of highly prospective trend​\n\n## Geological belt\n\nHosts multiple recent significant gold discoveries (same structural terrain as Toogood)​\n\n## 50 km north\n\nQueensway Project (New Found Gold) and 200 km northeast of Calibre’s Valentine Lake Gold Mine (~7.8 Moz Au reserves + resources1)​\n\n## >25 historical\n\nNew prospects with numerous occurrences of coarse (1+ cm) and fine visible gold​\n\n## Bonanza grades\n\nUp to >7800 g/t Au rock sample (7.8 kg/t Au)\n\n## Quinlan Gold Discovery\n\n## 2022 Maiden Drill Program at Quinlan\n\n## Drill assay results include:\n\n- 23.90 g/t Au / 3.65 m from 4.75 m (83 g*m) including 43.22 g/t Au / 1.95 m\n\n- 18.27 g/t Au / 4.25 m from 41.25 m (78 g*m) including 70.31 g/t Au / 1.05 m\n\n- 9.40 g/t Au / 3.18 m from 9.40 m (37 g*m) including 22.76 g/t Au / 1.10 m\n\n- Mineralization remains OPEN in all directions\n\n- Visible gold in core identified in 15 of 19 drill holes\n\n- Drilling defined high-grade in-situ dyke 200 m in strike length and 120 m downdip\n\n- ​19 HQ holes (857.5 m) intersected a 1.5-4.5 m wide altered auriferous felsic dyke\n\n## 2025 Drilling: Early Results\n\n### 2,000ms drilling across 33 holes - completed on time and on budget\n\n### Numerous high-grade, shallow intercepts\n\n### Expansion potential: GPR survey indicates untested strike extensions\n\n### Visible gold confirmed (10/30 holes in 2025 drilling)\n\n### Every hole drilled intercepted the mineralized felsic dyke"]
Leadership
Colin Smith (Director & CEO, Geologist (M.Sc., P.Geo.) and mining executive with 20+ years’ experience; formerly with SSR Mining (Sr. Geologist), Discovery Group (VP Exploration and CEO), now CEO & Director, First Andes Silver), Lee Hess (VP Exploration, Mr. Hess (M.Sc.) is a geologist with over 15 years of experience focused on structurally controlled gold systems across North and South America. He most recently served as Senior Geologist, Global Project Generation with SSR Mining Inc.), Jo Price (Advisor, Geological consultant with 20 years in the field, including 12 years in project management and corporate strategy.), Cheryll Lingal (CFO, Senior Director at RW Global a firm specializing in providing financial and accounting support to venture public companies. In this role she also serves as the CFO of Golden Cross Resources.), Matt Roma (director, Seasoned resource finance executive with over 13 years of experience. Currently the CEO and Director of Golden Cross Resources, Co-Founder of Gladiator Metals Corp and previously founding CFO of Snowline Gold Corp.), Darren Devine (Director, Principal of CDM Capital Partners, a firm that provides corporate finance and M&A advisory services to private and public companies.), Shawn Khunkhun (Strategic Advisor, 20 years of experience in the capital markets, mineral exploration and development sector with a focus on enhancing shareholder value.)

Verified data last updated: 2026-06-12

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