Toogood Gold

What Toogood Gold does

Toogood Gold Corp. is a Canadian junior gold exploration company focused on advancing high-grade gold systems in tier-one mining jurisdictions. The company holds two district-scale assets: the 164 km² (11,800 hectare) Toogood Gold Project on New World Island, Newfoundland — a fully permitted, underexplored belt hosting 28+ km of prospective Au trend and the flagship Quinlan discovery where visible gold has been intersected in 25 of 49 drill holes with peak assays up to 76.89 g/t Au — and the Table Mountain Project in Lincoln County, Nevada, an undrilled low-sulphidation epithermal gold-silver system under option from Orogen Royalties and Altius Minerals (16,683,431 shares + 3% NSR to earn 100%). Exploration is conducted through systematic programs that combine soil geochemistry, structural mapping, ground gravity, drone magnetics, and diamond drilling (e.g., 2,000 m at Quinlan in 2025 with 100% hit rate), augmented by VRIFY's DORA AI-assisted targeting platform and proprietary Deep Ground Penetrating Radar (DGPR) surveys. The company is pre-revenue, headquartered in Vancouver, BC, and publicly listed on TSX Venture Exchange (TGC), OTCQB (TGGCF), and Frankfurt (D3P). It monetizes exclusively through equity capital raises — including flow-through and non-flow-through private placement units — rather than operational revenue, targeting institutional and retail mining investors across North America and Europe. The leadership team, led by CEO Colin Smith (ex-SSR Mining, Discovery Group) and VP Exploration Lee Hess (ex-SSR Mining Global Project Generation), is credited with C$2B of cumulative shareholder value generation across prior ventures, and the company engages a multi-vendor IR and marketing stack (Global One Media, aktiencheck.de, ICP Securities, Capital Analytica, 1000724287 Ontario Ltd.) to broaden its investor base.

Name

Toogood Gold

Legal name

Toogood Gold Corp.

Website

https://toogoodgoldcorp.com

Company type

Public

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Toogood Gold Corp. is a Canadian pre-revenue junior gold explorer advancing two district-scale assets — the 164 km² Quinlan high-grade gold discovery in Newfoundland and the option-stage Table Mountain epithermal gold-silver project in Nevada — financed through equity capital raises to institutional and retail investors on TSXV, OTCQB, and FSE.

Ownership category

akta.pro rank

Product category

Gold Exploration

NAICS

Gold Ore and Silver Ore Mining (212220)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Gold Mining (IMAKAEAA)

Keywords

• Gold exploration
• Mineral exploration
• Junior mining
• Gold discovery
• Drilling programs

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Equity Capital Raises: Pre-revenue exploration stage company that raises equity capital through private placements, including flow-through units that provide tax incentives for Canadian exploration expenses. Currently not generating operational revenue from mining activities.
2. Option/Earn-in Arrangements: Company earns interest in projects through option agreements where staged equity payments and work commitments are made. For Table Mountain, company can earn 100% interest by issuing shares valued at $2.25 million plus a 3% NSR royalty.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Toogood Gold Corp. is a publicly-traded junior gold exploration company that advances district-scale, high-grade gold projects in tier-one mining jurisdictions through systematic drilling, geophysical surveys, and AI-assisted target generation. Its flagship 164 sq km Toogood Gold Project in Newfoundland hosts the Quinlan high-grade gold discovery (visible gold in 25 of 49 drill holes, peak assay 76.89 g/t Au), while the optioned Table Mountain Project in Nevada provides exposure to an undrilled low-sulphidation epithermal gold-silver system. The company funds exploration primarily through equity capital raises on the TSXV, OTCQB, and Frankfurt Stock Exchange.

Product overview

Toogood Gold Corp. is a Canadian gold exploration company operating two district-scale exploration projects: the flagship Toogood Gold Project (164 km²) in Newfoundland and the Table Mountain Project in Nevada. The company deploys AI-assisted exploration technology (VRIFY's DORA platform) to integrate geological data and accelerate discovery. The company does not offer software products but provides gold exploration services through systematic drilling programs, geophysical surveys, and advanced data analytics.

Differentiator

Problem solved

Functional benefit

Products and services

• Toogood Gold Project A 164 sq km (11,800 hectare) district-scale, fully-permitted, 100%-owned high-grade gold exploration project on New World Island, Newfoundland, Canada. The project hosts the Quinlan high-grade gold discovery where visible gold has been confirmed in 25 of 49 drill holes to date, with mineralization open in all directions and a peak assay of 76.89 g/t Au. The project features over 28 km of highly prospective, fertile Au belt, exceptional infrastructure access (paved highway, power, water, tidewater proximity), and is located in a tier-1 mining jurisdiction ranked 4th most attractive globally by the Fraser Institute (2022).
• Table Mountain Project A district-scale, undrilled low-sulphidation epithermal gold-silver system located in Lincoln County, Nevada. The 184-claim (1,538 hectare) project features a 4x2 km alteration footprint with multiple outcropping Au-Ag-bearing epithermal veins. First-pass rock assay results returned 2.6 g/t Au and >50 g/t Ag with strong Sb-As-Hg pathfinder anomalism supporting low-sulphidation epithermal affinity. Toogood Gold commenced first-ever systematic exploration at the project on June 2, 2026 (property-wide soils, detailed mapping, ground gravity, drone magnetics, and prospecting/rock sampling).

Quantifiable outcome

• 76.89 g/t Au peak assay from Phase 2 exploration confirming high-grade nature of Toogood Gold Project
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• Global One Media Group Pte. Ltd.minorGTM or Marketing Partner · 1 March 2026Digital marketing and media awareness campaign with Singapore-based firm. Six-month term for US$42,000 covering social media management, content creation, video production, podcast hosting, influencer marketing, and European/Asian investor interviews.
• aktiencheck.de AGminorGTM or Marketing Partner · 1 March 2026European marketing awareness campaign with Germany-based investor relations and financial media firm. Three-month term for €25,000 covering PR strategies and advertisement-based investor campaign focused on European markets.
• Orogen Royalties Inc.coreStrategic or Co-development Partner · 27 February 2026Binding LOI signed with Orogen Royalties for option to acquire 100% interest in Table Mountain Project, Nevada. Toogood can earn 100% by issuing shares valued at $2.25 million plus a 3% NSR royalty. Orogen's project generation team identified Table Mountain as a compelling drill-target opportunity with multiple outcropping gold-silver-bearing veins.
• Altius Minerals CorporationcoreStrategic or Co-development Partner · 27 February 202650/50 alliance with Orogen Royalties to option Table Mountain Project to Toogood Gold. Altius and Orogen retain vendor equity exposure and NSR royalty interests, aligning incentives for project advancement.
• 1000724287 Ontario Ltd.coreGTM or Marketing Partner · 1 November 2025Investor Relations Advisor engaged for initial 6-month term at USD $125,000 compensation. Campaign includes owned media, social media outreach, financial influencers, short-form video content, paid advertising, and targeted outreach across stock-specific platforms. Led by Tyler Troup with 16+ years IR experience.
• Orbiton Capital Corp.minorGTM or Marketing Partner · 1 November 2025Analytics and AI Software Services Agreement for strategic advice, digital media, and marketing services. San Francisco-based firm providing media buying, distribution, and marketing services including online media placements and newsletters. 24-month term at USD $100,000.
• VRIFY Technology Inc.coreTechnology or Integration · 8 September 2025Partnership to deploy VRIFY's DORA AI-Assisted Mineral Discovery Platform at the Quinlan gold discovery. AI integration with structural, geochemical, and geophysical data to refine drill targeting and identify high-potential zones. DORA has proven effective in Newfoundland's Exploits Subzone.
• ICP Securities Inc.minorGTM or Marketing Partner · 21 July 2025Automated market making services using proprietary ICP Premium algorithm to enhance liquidity and quote health. Toronto-based CIRO dealer-member. Monthly fee of CAD $7,500 plus applicable taxes. Initial 4-month term with auto-renewal.
• Capital AnalyticaminorGTM or Marketing Partner · 21 July 2025Capital markets consultation, social media engagement enhancement, sentiment reporting, video dissemination, and investor relations services. Manitoba-based firm. Six-month term for CAD $120,000 with 100,000 stock options at $0.25 per share.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• SSR Mining Inc. Mid-tier gold/silver producer where Toogood's CEO (Colin Smith) and VP Exploration (Lee Hess) previously worked. Represents the type of senior acquirer that could eventually consolidate Toogood's assets.

Others

• VRIFY Technology Inc. AI-assisted mineral discovery platform provider with active partnership deployment at Quinlan. Represents the technology infrastructure peer enabling Toogood's differentiated exploration methodology.

Direct peers

• Dolly Varden Silver Corporation: Silver-gold explorer in British Columbia with overlapping board leadership (Darren Devine, Shawn Khunkhun). Comparable size, exploration-stage profile, and TSXV-listed junior mining model.
• Goldshore Resources Inc. Gold exploration company with shared strategic advisor (Shawn Khunkhun). Both operate as junior explorers pursuing resource-stage advancement of gold assets in tier-1 jurisdictions.
• New Found Gold Corp. High-grade gold explorer in Newfoundland focused on the Queensway Project (~50 km south of Toogood). Both companies pursue structurally controlled high-grade gold systems in the same Exploits Subzone, making them the closest direct comparable in size, jurisdiction, and target style.
• Gladiator Metals Corp. Mineral exploration company with shared directors (Darren Devine, Matt Roma). Comparable junior mining profile focused on copper-gold exploration in tier-1 jurisdictions.
• Strikepoint Gold Inc. Junior gold/silver explorer with shared strategic advisor (Shawn Khunkhun). Both companies pursue district-scale precious metal exploration with similar financing and listing profiles on TSXV.
• Calibre Mining Corp. Operator of the Valentine Lake Gold Mine (~7.8 Moz Au) located 200 km southwest of Toogood in Newfoundland. Calibre represents the development/production-stage peer for the same Newfoundland gold belt where Toogood is exploring.
• First Andes Silver Inc. Silver-gold explorer with shared CEO (Colin Smith). Both are early-stage exploration companies pursuing high-grade precious metal discoveries through similar systematic exploration methodologies.
• Snowline Gold Corp. Junior gold explorer with shared management lineage (founding CFO Matt Roma). Comparable size, growth profile, and exploration-stage business model targeting high-grade gold discoveries in tier-1 jurisdictions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ToogoodGold
• LinkedInlinkedin.com/company/toogood-gold

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Toogood Gold