Northwire Canada EditionThursday, October 15, 2026
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GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Drill Results Routine +

Toogood Gold Commences 3,000-Sample Soil Program to Advance District-Scale Gold Targets in Newfoundland

Toogood expands its Newfoundland soil grid and advances Nevada maiden drill preparation for its projects.

Executive Summary

Toogood Gold Corp. has launched a district-scale soil geochemistry program at its Toogood Gold Project in Newfoundland, targeting approximately 3,000 samples. The initiative focuses on the Burnt Arm Trend, Virgin Arm Trend, and the central Quinlan Block to infill known anomalies, evaluate structural corridors, and generate new drill targets.

The company also released a summary of its successful 2025 drilling campaign at the Quinlan discovery, which completed 1,999 meters across 33 holes. All 30 targeted holes intersected gold mineralization, expanding the system approximately 350 meters along strike and 240 meters down dip. Key intercepts include 29.31 meters grading 2.20 g/t Au and 3.35 meters grading 14.48 g/t Au. Mineralization remains open in all directions.

Integration of the new soil sampling with geological, structural, and geophysical data, including Deep Ground Penetrating Radar, is underway to prioritize targets for future drilling.

Material Impact

The update confirms that management is executing its stated 2026 work plan to advance the Newfoundland asset toward initial drill testing. The news is positive but incremental, as it does not introduce fundamentally new geological models or unexpected financial developments.

TGC · Price
Company Overview

Toogood Gold Corp. (TGC) is a pre-revenue gold exploration company operating two primary assets: the Toogood Gold Project in Newfoundland, Canada, and the Table Mountain Gold-Silver Project in Nevada, USA.

The Newfoundland project is in an advanced exploration stage, featuring high-grade surface mineralization and historical and recent drilling that has expanded the Quinlan felsic dyke system. The Nevada project is in the pre-drilling stage, characterized by a district-scale, low-sulphidation epithermal system. Extensive surface mapping, geochemistry, and geophysical surveys have been completed to prepare for a maiden drill program.

No mineral resources or reserves have been reported to date.

Read the original news release →

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