Announcement • Jan 14
Toogood Gold Corp. Reports Final Drilling Assays At Its 100%-Owned Toogood Gold Project Toogood Gold Corp. reported final drilling assays at its 100%-owned Toogood Gold Project ("Toogood" or the "Project"), located on New World Island in the mining-friendly jurisdiction of Newfoundland, Canada. Key Point Summary. Quinlan verified as a coherent gold system, open in all directions: All 30 drill holes intersected the Quinlan felsic dyke and returned gold, with high-grade intervals and visible gold in 10 of 30 holes indicating a continuous unconstrained mineralized system; Drill-confirmed scale of the Quinlan has materially expanded: Down-dip geometry has increased from 120 m to 240 m, and strike length extent from 200 m to 350 m, with mineralization and geological control open in all directions; Priority expansion direction defined: The strongest 2025 intercept at Quinlan (25TG014: 29.31 m @ 2.20 g/t Au from 35.00 m) was intersected at the southwestern extent of drilling, establishing this open strike direction as a high priority trend for the next phase of drilling; First-ever drilling at the Melange Contact returned gold in all holes: 100% hit rate of the never-before drilled Melange Contact ("Melange"), with all 3 holes reporting gram to multi-gram gold. Clear vectoring toward structural convergence: Drilling at both Quinlan and Melange are vectoring mineralization to the southwest and west, respectively, and the convergence of both these trends now represents a top-priority structural intersection drill target; District-scale exploration potential: Melange drilling results establish target as a prospective, gold-bearing corridor, unlocking >15 kilometers ("km") of undrilled, prospective trend; Key targets for next phase of work established: Extensive systematic exploration warranted throughout the district-scale Melange trend, including extensive soils and detailed structural mapping to refine future drill targets. 2025 Drill Program. A total of 1,999 metres in 33 diamond drill holes were completed at the Project from July to September 2025. The program was designed to (i) systematically expand the Quinlan gold system along strike and down-dip through a combination of step-out and delineation drilling, and (ii) complete the first-ever drill test of the Melange Contact, a regionally extensive lithological/structural boundary interpreted to represent a prospective district-scale target corridor. At Quinlan, 30 of 30 holes successfully intersected the targeted mineralized felsic dyke and all 30 holes reported gold, with visible gold logged in 10 of 30 holes. Drilling materially expanded the drill-confirmed scale of the QuinL dyke to ~350 m of strike (75% increase) and expanded the down-dip extent to ~240 meters (100% increase), with the broader mineralized system remaining open in all. directions. Assays are uncut. Announcement • Jan 08
Toogood Gold Corp. Completes Phase 2 Fieldwork At Its 100%-Owned Toogood Gold Project Toogood Gold Corp. announced the completion of its Phase 2 fieldwork program ("Phase 2") at its 100%-owned Toogood Gold Project ("Toogood" or the "Project"), located on New World Island in the mining-friendly jurisdiction of Newfoundland, Canada. Prospecting, rock and soil sampling, and geological and structural mapping completed at the newly acquired Golden Nugget Property ("Golden Nugget") targeting an 8.5-kilometer-long high-grade outcrop trend with a subset of 148 historical rock samples that grade 1 g/t Au and average ~7 g/t Au);. Continuing of regional soil sampling within the underexplored northeastern block ("NE Block"), and infill sampling of anomalies return from Phase 1 soil sampling;. Ground-truthing of geophysical targets from the 2025 Deep Ground Penetrating Radar ("DGPR") survey at the Quinlan Zone; Phase 2 fieldwork was completed in four weeks, and all assays remain pending. Phase 2 Fieldwork. This work will help to refine mineralization controls, verify historical data, and identify extensions of the untested shoreline trend for future drilling. Soil Sampling: a. Systematic soil sampling within the undere xplored NE Block continued, extending the regional grid coverage; b. Infill soil sampling grid (25-meter sample spacing,100-meter line spacing) completed to further delineate an open-ended 1-km-long soil anomaly returned from Phase 1; c. This soil anomaly is coincident with a prospective fault splay of a regional NE-trending district-scale structure; d. The goal is to identify and delineate new anomalies throughout this previously unexplored ground, ultimately vectoring toward concealed district-scale mineralized corridors. DGPR Targets: Follow-up field investigations of high-priority subsurface anomalies defined by the DGPR survey completed earlier this summer; b. Targets correspond to distinct breaks and reflective discontinuities interpreted to represent extensions of the felsic dyke system that hosts the high-grade Quinlan and Titan Zones. Collectively, the program is designed to refine the structural and lithological framework of the district, expand the surface expression of known gold trends, and advance multiple targets to a drill-ready stage. Data from geological mapping, soil geochemistry, and DGPR validation will be integrated into Toogood's evolving 3D model to guide high-priority drilling in 2026. New Risk • Jan 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.8m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (CA$13.8m market cap, or US$9.98m). Minor Risk Less than 3 years of financial data is available. 
