Toogood Gold Intersects High-Grade Gold in Initial Drilling at Its Toogood Gold Project

Executive Summary

• Preliminary assays from the fully‑funded 2,000 m drill program at the Quinlan Zone show 100 % hole success with multiple near‑surface high‑grade gold intercepts (e.g., 29.31 m @ 2.20 g/t Au and 3.35 m @ 14.48 g/t Au).
• Visible gold was identified in 10 of the 30 holes drilled, confirming extensive surface mineralization and suggesting a larger undiscovered resource.
• The company entered a financial advisory agreement with Canaccord Genuity Corp., issuing 1,000,000 common shares as compensation (subject to TSXV approval) and placing the shares under a two‑year escrow.

Key Details

• Drill Program Scope: 2,000 m total depth across 33 diamond holes; 30 holes completed at Quinlan Zone in 2025.
• Key Intercepts:
• Hole 25TG014 – 29.31 m @ 2.20 g/t Au from 35.00 m (incl. 0.99 m @ 11.42 g/t Au).
• Hole 25TG010 – 3.35 m @ 14.48 g/t Au from 77.25 m (incl. 0.65 m @ 72.53 g/t Au).
• Hole 25TG013 – 5.78 m @ 3.33 g/t Au from 10.51 m (incl. 1.49 m @ 10.55 g/t Au).
• Visible Gold: Detected in 10 of 30 Quinlan holes; core photographs provided for holes 25TG010, 25TG013, and 25TG014.
• Geophysical Insight: High‑resolution ground‑penetrating radar (GPR) indicates potential untested continuity to the north‑northeast (NNE). Processing is ongoing.
• Assay Status: Results received for holes 25TG001–014; assays pending for holes 25TG015–033.
• Exploration Outlook: Mineralization remains open along strike (both SSW and NNE) and down‑dip (ESE); further step‑out drilling identified as high priority.
• QA/QC Program: Samples processed at company facility, assayed by Eastern Analytical Laboratory (ISO/IEC 17025 accredited). Standards, blanks, and duplicates inserted per NI 43‑101 guidelines; check assays being sent to secondary labs.
• Financial Advisory Agreement:
• Date: September 22 2025
• Advisor: Canaccord Genuity Corp.
• Compensation: Issuance of 1,000,000 common shares (subject to TSXV approval).
• Shares placed under a two‑year escrow agreement.
• Qualified Person: Colin Smith, M.Sc., P.Geo., CEO and Director, reviewed and approved technical information.

Notable Quotes

“The 2025 drill program at Toogood has been a resounding success… every hole at Quinlan intercepting the mineralized felsic dyke… we are just beginning to realize the scale of this discovery opportunity.” – Colin Smith, CEO & Director, Toogood Gold Corp.