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TomaGold Corp V.LOT

Alternate Symbol(s):  TOGOF

TomaGold Corporation is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration and development of gold, copper, rare earth elements and lithium projects. The Company is focused on consolidating the Chibougamau Mining Camp in northern Quebec. In addition to the agreements to acquire 13 properties in the camp, the Company holds interests in five gold properties in the vicinity of the camp: Obalski, Monster Lake East, Monster Lake West, Hazeur and Doda Lake. It also owns a 100% interest in a lithium property and in the Star Lake rare earth elements property, located in the James Bay region of Quebec, as well as a 24.5% interest in the Baird property, located near the Red Lake mining camp in Ontario through a joint venture with Evolution Mining Ltd. and New Gold Inc. The Obalski property consists of about 74 claims covering a total of 2,740 hectares (ha) and lies three kilometers (km) south of Chibougamau, Quebec.


TSXV:LOT - Post by User

Bullboard Posts
Comment by japat129on Mar 05, 2013 8:16am
115 Views
Post# 21078701

RE: ELT more ground

RE: ELT more ground

ELT adding more ground, news out, same geology to east of LOT and QIT,

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hard to know if that is good news , LOT CEO says there next move is  southwest   /they must figure that southwest is there best chance

here Is part of the interview of ceo of /LOT just out march 4,  /  it looks to me NCR and VSR would be next door  ,maybe a good gamble ,but for now i staying with QIT and LOT

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Drilling will be a focus for the company in 2013 as Tomagold looks to explore the southwest Winchester extension just south of the Monster Lake project.

“We’re looking to develop the Winchester southwest extension which presents a lot of potential with a lot of high grades on the surface and very favorable geology,” Grondin said. “We think the grades are more consistent as we go down at depth. It will be preliminary work done at Winchester.”

 

 

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