Toogood Gold Reports Final Drilling Assays, with All Holes Reporting Gold, Including First 3 of 3 Holes at Mélange Contact

Core Insights - Toogood Gold Corp. has reported significant advancements in its drilling program at the Toogood Gold Project, confirming the presence of a district-scale gold-bearing trend [3][4][6] - The 2025 drilling program has expanded the mineralized felsic dyke at Quinlan by 75% along strike and 100% down-dip, with all 30 drill holes intersecting gold [5][8] - The Mélange Contact has been validated as a new target corridor, with a 100% hit rate of gold-bearing mineralization in the initial three drill holes [6][8] Management Commentary - CEO Colin Smith emphasized the importance of the 2025 drilling results, which confirm the Mélange Contact as a significant gold-bearing trend extending over 15 km [3] 2025 Drill Program Overview - The program consisted of 1,999 meters drilled across 33 diamond drill holes from July to September 2025, aimed at expanding the Quinlan gold system and testing the Mélange Contact for the first time [4] - At Quinlan, all 30 holes reported gold, with visible gold found in 10 holes, indicating a continuous mineralized system [5][8] Results from Quinlan - The drill-confirmed scale of the Quinlan dyke has increased to approximately 350 meters in strike length and 240 meters down-dip, with mineralization remaining open in all directions [5][8] - The strongest intercept at Quinlan was 29.31 meters at 2.20 g/t Au, establishing a high-priority trend for future drilling [8] Mélange Contact Findings - The initial drilling at the Mélange Contact returned gold in all three holes, supporting the hypothesis of a previously untapped, district-scale target [6][8] - The results from the Mélange Contact open up over 15 km of largely undrilled prospective trend for systematic follow-up exploration [6][8] Future Exploration Plans - The company plans extensive systematic exploration throughout the Mélange trend, including soil sampling and detailed structural mapping to refine future drill targets [8]