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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 BILLMINERon Mar 24, 2013 10:32pm
277 Views
Post# 21161432

RE: RE: RE: Any geologists here?

RE: RE: RE: Any geologists here?

The short shallow holes are irrelevant.  They have discovered a wide rich zone at depth .  Lets call it a lensoidal shaped gold rich body.  Deposits are typically made up of multiple enechelon lenses.  We just hope that this lense is big and there is many more of them along strike and at depth.  Many new mineral deposits are found underneath swamps and lakes and overburden covered areas . Ie: most surface showings in the world have had many a drill hole underneath them in the past. On this property many surface showings have been tested by shallow holes but really none at depth.  This pattern of lenses(orebody) can persist to a great depth.  A mile or so is not uncommon. I'm not saying that this will but it can. There are so many good properties that have been written off just because a few shallow holes have been poked under the known showings .  Very often you will get an accumulation (orebody) near or at a cross structure or a kink (fold)  in the main shear. The shear in this case is 3-10 m wide and 4 km long which is quite impressive. As it was previously mentioned it is a secondary structure to a main fault.  It has numerous high grade surface showings all along it with only shallow drill testing. The  width of the zone increasing with depth is very nice to see. 

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