tiprankstipranks
Advertisement
Advertisement

Toogood Gold Doubles Quinlan Depth and Unlocks 15 km Mélange Gold Corridor in Newfoundland

Story Highlights
  • Toogood’s 2025 drilling expanded the Quinlan gold system, with all 30 holes hitting gold and materially increasing its strike and depth.
  • First drilling of the Mélange Contact returned gold in all holes, opening a 15 km district-scale exploration corridor for future work.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Toogood Gold Doubles Quinlan Depth and Unlocks 15 km Mélange Gold Corridor in Newfoundland

Meet Samuel – Your Personal Investing Prophet

An announcement from Toogood Gold Corp. ( (TSE:TGC) ) is now available.

Toogood Gold Corp. has reported final assays from its 2025 drill campaign at the Toogood Gold Project, confirming Quinlan as a coherent and significantly larger gold system, with all 30 holes intersecting the mineralized felsic dyke and returning gold, including visible gold in a third of the holes. The program doubled Quinlan’s down-dip extent to about 240 metres and increased strike length by 75% to roughly 350 metres, while first-ever drilling of the Mélange Contact delivered gold in all three holes and demonstrated that this previously untested structural boundary may host a more than 15 km gold-bearing corridor, setting up a new priority structural intersection target and a clear roadmap for expanded, systematic district-scale exploration.

More about Toogood Gold Corp.

Toogood Gold Corp. is a mineral exploration company focused on gold, advancing its 100%-owned Toogood Gold Project on New World Island in Newfoundland, a mining-friendly jurisdiction in Canada. The company is targeting structurally controlled, district-scale gold systems, with current work centered on the Quinlan felsic dyke and the regionally extensive Mélange Contact corridor.

Average Trading Volume: 369,912

Technical Sentiment Signal: Sell

For an in-depth examination of TGC stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1