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Toogood Gold Begins Soil Geochemistry Program at Project in Newfoundland

Toogood Gold Begins Soil Geochemistry Program at Project in Newfoundland

MT newswireMT newswire2026/10/13 17:03
01:03 PM EDT, 10/13/2026 (MT Newswires) -- Toogood Gold (TGC.V) started a soil geochemistry program comprising approximately 3,000 samples at its Toogood Gold Project, located on New World Island, Newfoundland, it said Tuesday. The company expects the soil sampling program to "systematically evaluate" priority structural and geological corridors with sampling focused on the Burnt Arm Trend, Virgin Arm Trend and central Quinlan Block, said the company. "Soil geochemistry has proven to be a robust, cost-effective exploration tool at the Project, with major targets and mineralized showings associated with strong gold and arsenic geochemical signatures," said Chief Executive Officer Colin Smith. "This expanded program is designed to extend known anomalies, test prospective new ground and define priority targets for future drilling." The company's shares were last seen unchanged at CA$0.085 on the TSX Venture Exchange.
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