Northwire Canada EditionThursday, August 6, 2026
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ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2% ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2%
Drill Results

Toogood Gold DGPR Survey Results Support Continuity of Quinlan High-Grade Gold Discovery

Radar Results Reveal Structural Continuity While Market Awaits High-Grade Confirmation Amidst Pricing Pressure

By The Northwire Desk — AI Analysis Dec 18, 2025 · 07:03 TGC · 0.18 Toogood Gold Corp.
Executive Summary

The most recent news (December 18, 2025) reports results from a High-Resolution Deep Ground Penetrating Radar (DGPR) survey at the Toogood Gold Project in Newfoundland. The survey successfully imaged the felsic dyke—the host rock for the high-grade Quinlan Zone—under cover and at depth. Interpretations suggest the structure extends 300 meters beyond previous drilling limits. Most critically, the company reports that a step-out drill hole (25TG033) successfully intersected this dyke 100 meters along strike, providing physical validation of the radar’s accuracy. However, assay results for this intersection are still pending.

Material Impact

The impact is Routine - Positive. While the technical validation of DGPR as an exploration tool is a "win" for the geological team, it is not yet a "win" for shareholders in terms of defined ounces. - De-risking Exploration: The ability to "see" the host rock under cover reduces the number of "blind" drill holes, which should theoretically lower the cost per discovery. - Host vs. Grade: The news confirms the continuity of the host rock (the felsic dyke), but it does not yet confirm the continuity of the gold grade. In gold systems, the host can be present without economic mineralization. - Market Sentiment: Despite the technical success, the stock price remained near its 52-week lows ($0.18) following the announcement, suggesting the market is placing little value on structural interpretations until assays prove the gold is actually there.

TGC · Price
Company Overview

Toogood Gold Corp. is focused on the Exploits Subzone of Newfoundland, Canada. Its flagship Toogood Gold Project covers 118 sq. km and is located on trend with major discoveries like the Valentine Gold Mine. The project is characterized by high-grade gold hosted in felsic dykes. The company has aggressively consolidated land, recently adding the Golden Nugget and Stockley Kennedy properties to its portfolio.

Read the original news release →

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