Game-changer strategy for TomaGold, which will allow it to acquire a district-size land package The agreements comprise 20 mining properties, hosting a mix of copper-gold-silver-zinc mineralization, of which 6 were past-producing mines TomaGold's objective is to further consolidate the Chibougamau Mining Camp with the goal of increasing the belt's copper and gold resource and enhance shareholder value MONTREAL, Aug. 14 [...]
TomaGold Corp. is pleased to provide an update on current and future activities at its Obalski, Star Lake and Brisk projects. Drilling program completed at Obalski Following the recommendations of Abitibi Geophysics of Val-d'Or at the end of 2022, the Corporation drilled four holes for a total of 1,386.4 metres between April 11 and April 24, 2023 on its Obalski property. This program targeted two priority areas: A [...]
Grinding selected samples to 90% instead of 70% increases gold grades from 5% to 38% for these samples. Best result from the 2,958-metre drill program includes 27.75 metres grading 0.84 g/t Au , intersecting the A-Po Zone. About 300 additional samples from previous drilling have been sent to the laboratory for reanalysis. TomaGold will begin a 1,500-metre drill program on Obalski next week to test new targets identified [...]
TomaGold Corp. is pleased to announce the results of geophysical work on its wholly owned Obalski property, located 2 km south of Chibougamau, Quebec. In 2022, borehole geophysical surveys were conducted by Abitibi Geophysics on the Obalski property. The work began with the characterization of the electrical properties of the mineralized zones and the host rocks via borehole logging, which validated the use of two [...]
MONTRÉAL, Jan. 24, 2023 -- TomaGold Corp. is pleased to report positive prospecting sampling results on its 100%-owned Star Lake property, located 120 km southeast of Radisson, in the James Bay area of Québec. TomaGold has also doubled the size of its Star Lake property to 214 map-designated claims over an area of 10,906 ha , the largest land position in the sector . The property is characterized by multiple [...]
TomaGold Corp. is pleased to announce that it has closed a first tranche of $974,125 of a non-brokered private placement of up to $2,000,000. The Private Placement comprises common shares in the capital of the Corporation issued on a "flow-through" basis at a price of $0.055, and units of the Corporation at a price of $0.05. Under the First Tranche, the Corporation issued 15,420,455 FT Shares for gross proceeds of [...]
TomaGold Corp. is pleased to announce the acquisition of 96 map-designated claims covering an area of 4,962.6 ha , located 120 km southeast of Radisson and approximately 15 km south of the recently acquired claims in James Bay. The property will be known as Star Lake and has been the subject of geophysical surveys that have identified six rare earth element showings. "The last two claim acquisitions allow TomaGold to [...]
TomaGold Corp. is pleased to announce the acquisition of a 100% interest in 38 claims from Noranda Royalties and the acquisition of 69 map-designated claims covering a total area of 5,487.52 ha . These claims are located near Zones 1, 2, 3 and 6 of the James Bay Lithium Brisk project optioned by Monger Gold and along and south of the Trans-Taiga regional road and power line infrastructure, approximately 5 km from the LG-3 [...]
TomaGold is pleased to announce that it has received the report on the DAS Vision3D induced polarization (IP) survey carried out on the southern portion of its 100%-owned Obalski property. The survey, conducted by Abitibi Geophysics of Val-d'Or, revealed the presence of at least six strong chargeability and/or resistivity anomalies south of the APo zone, which extend downward from peaks located at a vertical depth of 100 [...]
TomaGold is pleased to report the results of its annual general and special meeting of shareholders, which was held today on a hybrid basis. All the nominees listed in the Corporation’s management proxy circular dated May 30, 2022, were re-elected as directors. Shareholders holding 53,106,180 shares, or 33.04% of TomaGold's issued and outstanding shares were present or represented by proxy at the meeting. Detailed results [...]
TomaGold is pleased to announce that it has completed the IP survey announced on May 13, 2022, over the southern portion of its 100%-owned Obalski property. The Corporation expects to receive the results integrating the Dec 2021 and May 2022 surveys from Abitibi Geophysics in the coming weeks. The survey results will provide important data for the next drilling program on Obalski, scheduled for June-July 2022.
TomaGold is pleased to announce that it has retained the services of Abitibi Geophysics of Val-d'Or to conduct an IP survey over the southern portion of its 100%-owned Obalski property. In preparation for the survey, the Corporation has cut an additional 9 km of lines covering the southern portion of the property. In December 2021, Abitibi Geophysics conducted an IP survey and produced a preliminary report that [...]
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