Toogood Gold Corp (TGC)

[CommodityCoverage]

Yesterday, Toogood Gold (TGC.v) announced it secured an option to acquire 100% of the 375-hectare Stockley Kennedy Property (SKP), strategically located within the core of its Toogood Gold Project on New World Island, Newfoundland: https://www.newsfilecorp.com/release/261245/Toogood-Gold-Corp.-Acquires-an-Option-to-Acquire-Interest-in-the-Stockley-Kennedy-Property-within-the-Toogood-Gold-Project-Newfoundland

Notably, SKP lies along a 4 km strike of the Virgin Arm Fault, a major regional structure associated with multiple significant gold discoveries in Newfoundland’s Exploits Subzone.

With multiple bonanza-grade samples including 127.0 g/t Au (outcrop), 82.2 g/t Au (outcrop) and 67.3 g/t Au (float), and a 2.5 km arsenic-in-soil anomaly, a key geochemical indicator correlating with gold mineralization across the broader project, surface work is underway to refine drill targets.

More info: https://www.reddit.com/r/Wealthsimple_Penny/comments/1mioodw/today_toogood_gold_corp_tgcv_expands_flagship/