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Toogood Gold ($TGC | $TGGCF) CEO on Unlocking the Potential of Nevada’s Table Mountain Project

SmallCap Asia | 亚洲小盘股 Aug 13, 2026

Summary

Toogood Gold (TSXV: TGC) is preparing a maiden drill program at its never-drilled Table Mountain low-sulfidation epithermal gold project in east-central Nevada.

CEO Colin Smith says surface textures, soil and rock sampling, and geophysics confirm Table Mountain sits high in a preserved epithermal system with deeper potential.

Newfoundland's Toogood Gold Project returned ~24 g/t gold over ~4 m at the Quinlan Zone, with ~30 km of untested strike along the Valentine corridor.

A tight cap structure — 85M shares outstanding, 95M fully diluted, ~20% insider ownership — backs a junior running two district-scale assets at once.

Near-term catalysts are steady Nevada exploration results culminating in the first ~3,000 m drill phase later in 2026.

Colin Smith's takeaways

  • Top takeaway Colin argues Table Mountain is the clearest path to a near-term drill catalyst — an undrilled, district-scale low sulfidation epithermal system where the surface expression (multi-gram gold veins, boiling textures, an alteration footprint comparable to the 17 Moz Arthur Gold Camp) suggests a fully preserved system with higher grades likely at depth.
  • He favors cautious capital allocation: prioritize drilling at Table Mountain (which he says could be drilled "today" based on recent work), while running more systematic regional work in Newfoundland to avoid missing a larger system by chasing local scale.
  • Colin frames Newfoundland as an "elephants" hunt, citing 30 km of strike along the same structural corridor as Equinox's producing Valentine Lake mine, visible gold in surface felsic dikes, and gold mineralization in all 30 holes of the 2025 drill program.
  • He argues that being high in the epithermal system — seeing only anomalous to multi-gram gold at surface rather than half-ounce-plus material — is a positive preservation indicator, citing Hishikari in Japan as an example where low surface grades transitioned to 30-40 g/t head grade and over 9 Moz of production.