At least other companies in Quebec are managing to drill. Why not Tomagold?
MONTREAL, May 10, 2021 (GLOBE NEWSWIRE) -- Vanstar Mining Resources Inc. (“Vanstar”, or the “Company”) (TSX.V - VSR) is pleased to announce its joint venture partner IAMGOLD Corporation (“IAMGOLD” TSX-IMG) has secured a drill rig to complete a drill program on the Nelligan joint venture project (IAMGOLD 75%, Vanstar 25%) located 60 km southwest of Chibougamau, Quebec. The program is expected to begin in the month of June and the plan is to drill 9,000-10,000 m and will include both definition drilling in the main resource area as well as step-out drilling with a focus on the west extension of the known mineralization. This drilling will support the completion of a future updated resource estimate.
Figure 1: Proposed drill program accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/5808033d-1984-41f4-8bbf-e2b4f2bcddd6
In addition, exploration activities will also continue to identify and evaluate new targets. Preliminary results from a partial glacial till sampling survey completed in November 2020 and from an IP survey executed this winter have been received and have defined new exploration targets elsewhere on the joint venture property. Additional till sampling is planned and the defined targets will be field-checked this summer in conjunction with a detailed geological and structural mapping program.