Toogood Gold Reports Findings from Dr. Stuart Simmons' Technical Review of Table Mountain Project, Nevada
Toogood Gold Corp. (TGC) has released the findings of a technical review conducted on its Table Mountain Gold-Silver Project in Nevada. The review was performed by Dr. Stuart F. Simmons, an internationally recognized specialist in epithermal gold-silver deposits, who serves as a Consulting Geologist and Research Professor at the University of Utah's Energy & Geoscience Institute and is the former President of the Society of Economic Geologists.
The field examination took place on July 25-26, 2026, alongside Lee Hess, VP Exploration, and Colin Smith, CEO. The review confirms the presence of a well-preserved, low-sulphidation epithermal system with evidence of energetic boiling and shallow-level exposure. These characteristics suggest that principal gold-silver targets may be preserved at drill-testable depths.
Key geological findings from the review include the identification of widespread lattice quartz textures and crustiform-colloform banding, which indicate vigorous boiling and high hydrothermal fluid flux, a critical ore-forming process. Surface gold values are consistent with shallow exposure, and strong pathfinder anomalism (As, Sb, Hg, Mo, Tl) was observed in veins and altered tuff.
The review identified a potential interval for epithermal vein mineralization approximately 50 to 200 metres below present-day erosion surfaces. This interval serves as an initial vertical framework for drilling and does not constrain deeper potential. Kilometre-scale structural corridors host multiple Au-Ag-bearing epithermal veins. The "Widowmaker" vein is exposed intermittently over approximately 1 km, with float suggesting continuation beyond the exposed segment.
Dr. Stuart Simmons commented on the findings: "Table Mountain represents a highly favorable opportunity for new discovery in virgin ground. It displays several of the key attributes I look for in a prospective low-sulphidation epithermal system, including excellent preservation and widespread quartz textures indicating energetic boiling within high-fluid-flux conduits capable of depositing significant gold and silver mineralization... Table Mountain presents a compelling exploration opportunity."
Colin Smith, M.Sc., P.Geo., CEO and Director, reviewed and approved the technical information. He is not independent of the Company. Smith stated: "Dr. Simmons' review provides valuable external technical support for our geological model and a practical vertical framework for targeting in the maiden drill program... Stuart's insights strengthen our confidence in Table Mountain's discovery potential."
Toogood Gold is advancing toward a maiden drill program, utilizing the review's insights to refine structural and vertical controls on mineralization. The company plans to complete CSAMT surveying and finalize drill-hole locations. The exploration plan involves the integration of Dr. Simmons' interpretations with geological mapping, rock/soil geochemistry, LiDAR, magnetics, and gravity data.
The company intends to complete approximately 15 line-kilometres of CSAMT surveying to improve understanding of subsurface structures and alteration. This will be followed by the refinement of drill-pad locations along 1 to 1.5 km of the Widowmaker Trend. Toogood Gold is also advancing access planning and permitting submissions for the maiden drill program.