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TomaGold Corp V.LOT

Alternate Symbol(s):  TOGOF

TomaGold Corporation is a Canadian mineral exploration company. The Company is engaged in the acquisition, assessment, exploration and development of gold, copper, rare earth elements and lithium projects. Its projects include Obalski, Star Lake, Brisk Extension, Monster Lake East, Monster Lake West, Hazeur, Lac Doda and Baird. The Obalski property consists of 74 claims covering an area of 2,740 hectares (ha) or 27 square kilometers (km2), located approximately two kilometers (km) south of Chibougamau, Quebec, in the heart of the Chibougamau mining camp. It holds a 100% interest in 214 claims (Star Lake property) over an area of 10,906 ha, the land position in the sector. It holds a 100% interest in 107 claims (Brisk Extension) covering a total area of 5,487 hectares (or 55 km2). The Monster Lake East property consists of 105 mineral claims covering an area of 5,867 hectares and located directly to the east of the Monster Lake property.


TSXV:LOT - Post by User

Bullboard Posts
Comment by northguruon Feb 26, 2013 7:16am
165 Views
Post# 21041627

RE: 1.35 oz over 25 feet the same as

RE: 1.35 oz over 25 feet the same as

I keep 1.35 oz / 25ft, you keep 0.38 oz / 100 ft !!! I'll do much better than you when I run my mine because i'll move 4 times less ground than you will do!!!

Higher grade = less tonnage to process = much lower cost / oz to produce....

We know monster lake has the grade, historical drilling shows it. Now, what they have to find, is a sizeable ore body that will confirm a mine model, so they can begin all the studies. Grade is helping because the higher the grade, the smaller body you need so the less drilling you need etc.

If they can find continuity between 235 and Annie, at depth, this will become a monster play !!! There seems to be no continuity at surface, no showings. Look at the map carefully, the showings are well aligned and could definetely be part of the same structure at depth...

 

Do your DD, but for me, it's a hold, I won't swing this stock while drillings are at lab.

Bullboard Posts