Toogood Gold Reports Findings from Dr. Stuart Simmons' Technical Review of Table Mountain Project, Nevada
Toogood validates its epithermal model ahead of maiden drilling at its Nevada project.
Toogood Gold Corp. (TGC) has released the findings of a technical review conducted by Dr. Stuart F. Simmons, a recognized specialist in epithermal gold-silver deposits, regarding its Table Mountain Gold-Silver Project in Nevada. The review confirms the presence of a well-preserved, low-sulphidation epithermal system characterized by evidence of energetic boiling and shallow-level exposure.
Principal gold-silver targets have been identified at drill-testable depths of 50 to 200 metres below present-day erosion surfaces. The company is advancing toward a maiden drill program, utilizing the review to refine structural and vertical controls. Next steps include completing approximately 15 line-kilometres of CSAMT surveying, finalizing drill-hole locations along the Widowmaker Trend, and advancing access planning and permitting submissions. Colin Smith, CEO and Director, serves as the Qualified Person (QP) and is not independent of the company.
Toogood Gold Corp. (TGC) announced a development that follows the logical progression of its May 2026 definitive agreement and the June 2026 start of Phase 1 exploration. Dr. Simmons’ external validation reinforces the company’s geological model but does not introduce new discovery data, assay results, or financing.
The confirmation of a 50-200m target window provides a practical framework for drilling, though it does not de-risk the project or guarantee mineralization. The announcement is incremental and aligns with previously communicated exploration timelines, without altering capital requirements or the near-term cash burn profile.
Toogood Gold Corp. (TGC) is a pre-revenue gold exploration company focused on district-scale projects in Newfoundland, Canada, and Nevada, USA. The company is currently in the exploration stage with no proven reserves, resources, or operating history.
Its flagship Toogood Gold Project in Newfoundland hosts the Quinlan Zone, a high-grade gold discovery characterized by visible gold in multiple drill holes. Recent drilling significantly expanded the mineralized felsic dyke. The company also holds options for the Golden Nugget and Stockley Kennedy properties.
In Nevada, the Table Mountain Project represents a district-scale, undrilled low-sulphidation epithermal gold-silver system. Surface sampling returned up to 2.6 g/t Au and >50 g/t Ag. The project is currently in Phase 1 exploration, advancing toward a maiden drill program.