Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Material +

Toogood Gold Reports 76.89 g/t Gold and Defines 8.5 Km High-Grade Gold Trend at the Toogood Gold Project, Newfoundland

Toogood Expands Beyond Newfoundland with Strategic Nevada Acquisition While Confirming High-Grade Continuity at Flagship Project

By The Northwire Desk — AI Analysis Mar 25, 2026 · 07:01 TGC · 0.11 Toogood Gold Corp.
Executive Summary

The most recent news (March 25, 2026) reports final Phase 2 surface results from the Toogood Gold Project in Newfoundland. Key highlights include high-grade rock samples up to 76.89 g/t Au and the definition of an 8.5 km high-grade gold trend. This follows a major strategic pivot on March 2, 2026, where the company signed a binding LOI to acquire the Table Mountain Project in Nevada—a district-scale, undrilled epithermal system. Earlier in January 2026, the company confirmed a 100% drill hit rate at the Melange Contact target in Newfoundland, expanding the Quinlan zone strike by 75% and down-dip by 100%.

Material Impact

The recent news is Material - Positive for several reasons: - Jurisdictional Diversification: The move into Nevada (Table Mountain) provides a counter-seasonal exploration cycle to Newfoundland and adds a "discovery-stage" opportunity in a Tier-1 mining jurisdiction. - Scale Validation: The definition of an 8.5 km trend at the flagship project, supported by 76.89 g/t Au surface samples, suggests the system is not limited to the initial Quinlan discovery. - Technical De-risking: The use of Deep Ground Penetrating Radar (DGPR) was successfully validated by drilling, providing a cost-effective tool for identifying "blind" targets under cover. - High-Grade Continuity: Drill results such as 14.48 g/t Au over 3.35m (including 72.53 g/t over 0.65m) confirm the presence of high-grade "shoots" which are critical for the economic viability of narrow-vein gold systems.

TGC · Price
Company Overview

Toogood Gold Corp. (formerly Smithe Resources) is focused on the Toogood Gold Project on New World Island, Newfoundland. The project is located in the Exploits Subzone, on trend with the Valentine Lake mine. The flagship discovery is the Quinlan Zone, characterized by high-grade gold in felsic dykes. The company has recently expanded its footprint through the Golden Nugget and Stockley Kennedy options, now controlling over 15 km of the prospective Melange Contact.

Read the original news release →

More from Toogood Gold Corp.

Jul 07, 2026 · 07:02

Toogood advances its Nevada epithermal project to the drill-ready stage amid steady exploration spending.

Drill Results Jun 02, 2026 · 07:31

Toogood Gold Advances Nevada Table Mountain Exploration as Newfoundland Drilling Momentum Slows

Drill Results May 29, 2026 · 20:31

Toogood Gold Seals Nevada Bet as Newfoundland Flagship Lurches Toward Dilution at All-Time Lows

Drill Results Apr 07, 2026 · 07:01

Toogood Gold Corp. Appoints Lee Hess as Vice President, Exploration

Management Mar 25, 2026 · 14:25

Toogood Gold samples up to 76.89 g/t Au at Toogood

Drill Results Mar 02, 2026 · 02:01

Toogood Gold pivots to Nevada district-scale acquisition while validating high-grade Newfoundland discovery

M&A / Property