TGGDF - TGGDF STOCK NEWS

Taiga Gold Corp has announced that its partner Tactical Resources Corp. has mobilized a field crew to commence exploration on the SAM property in Saskatchewan. This property, approximately 15 km from Flin-Flon and adjacent to other mining operations, is under option to Tactical, which may earn a 60% interest by making cash payments, issuing shares, and completing exploration expenditures. Historical work on the property highlights significant gold and base metal occurrences, indicating a potential for structurally controlled gold mineralization. The SAM zone's mineralization has been traced over 200 m in depth.

Taiga Gold Corp (CSE:TGC) announced promising drilling results from its Fisher Property, located in Saskatchewan. Conducted by SGO Mining, a subsidiary of SSR Mining, the Q1 2021 drilling confirmed high-grade gold mineralization at the Mac North Zone. Key highlights include: DDH FIS 21-065 with 4.91g/t Au over 8.13m, and DDH FIS 21-064 with 3.76g/t Au over 3.63m. The current drill program involved 2,835.9m in 7 holes aiming at various zones, with results pending. Since optioning in 2016, SSRM has invested over CDN$14 million into exploration activities.

Taiga Gold Corp has resumed drilling at its Fisher Project, located in Saskatchewan's Trans Hudson Corridor. The current program aims to drill 2,000m across 7 holes. Previous winter drilling yielded 1,157m across 4 holes, focusing on gold mineralization. Since optioning Fisher in 2016, SSR Mining has invested over CDN$12.5M in exploration and drilling. The Orchid Project also saw 12 holes drilled. Taiga holds a 2.5% royalty on Fisher and anticipates results from both projects soon.

Taiga Gold Corp has commenced drilling at its 100%-owned Orchid project in Saskatchewan, covering 7,900 hectares. Located near SSR Mining's Seabee Gold Operation, the project is believed to have significant gold potential with no underlying royalties. The drilling program will involve 2,000 meters across 12-14 holes. Historical mineral occurrences suggest high-grade gold, with grades up to 61.30 g/t Au. President Tim Termuende expressed optimism about targeting untested high-priority areas. The project’s oversight is managed by TerraLogic Exploration Services.

Taiga Gold Corp has acquired a 100% interest (less 2% NSR) in 146.4 hectares of claims adjoining its existing Mari Lake property, known for documented gold occurrences. Historical samples indicated gold grades reaching up to 14.4 g/t Au. In addition, the company has announced the extension of 3,937,500 warrants, originally set to expire in 2021, now valid until June 6, 2022. This move aligns with Taiga's strategic focus on gold exploration in Saskatchewan, an area recognized for its mining investment attractiveness.

Taiga Gold Corp has completed its winter drill program on the 100%-owned Leland property, conducting 9 holes totaling 1341m. All holes intersected quartz veining or sulphide-bearing shears, with results showing high values of 635ppb Au. The company is collaborating with SKRR Exploration, which aims to earn a 75% interest through $3M in exploration expenditures and other payments. Additionally, progress continues on the Fisher Gold Project, where approximately one-third of Phase 1 drilling is complete, and future drilling is planned for late May/early June.

Taiga Gold Corp (CSE:TGC) announced the completion of a non-brokered private placement, raising CDN$2,499,000 by issuing 12,495,000 flow-through units at $0.20 each. Each unit includes one flow-through common share and one warrant, costing $0.30 for an additional share within 30 months. Proceeds will advance exploration projects in Saskatchewan. The placement involves related party transactions and is subject to regulatory approval. Finder's fees of CDN$159,520 and 872,000 broker warrants were paid to REDPLUG Inc., the financial advisor for this offering.

Taiga Gold Corp (CSE:TGC) plans a non-brokered private placement of up to 12,500,000 flow-through units at $0.20 each, aiming for gross proceeds of $2,500,000. Each unit includes a common share and a warrant, allowing purchase at $0.30 for 30 months post-offering. The company secures $1,500,000 from REDPLUG investors and $500,000 from existing shareholders. Funds will support exploration at the Fisher, Orchid, and Mari Lake projects in Saskatchewan. The offering is subject to CSE approval and expected to close on April 15, 2021.

Taiga Gold Corp (CSE:TGC) has commenced Phase 1 drilling at the Fisher Gold Project, located 125km east of La Ronge, Saskatchewan. The drilling campaign will cover approximately 2800m across 15 holes, targeting gold mineralization in the Mac and Mac North zones. This follows previous successful explorations funded by SSR Mining, which included 37 holes and significant high-grade gold discovery. Taiga holds a 2.5% royalty on most claims in the Fisher property, ensuring ongoing revenue through a $100,000 annual payment. The project is part of a broader strategy in a highly regarded mining area.