TomaGold Corp V.LOT

Alternate Symbol(s): TOGOF

Metals & Mining Gold

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.

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TomaGold Corp

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Comment by eagle35on Mar 28, 2018 11:10am

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Post# 27794638

RE:Value of gold in the ground

Let’s use 10 % of the current gold price for gold in the ground . This is all in US dollars: 10% would give us just over 56 million US dollars, we own 45% of that 56 million dollars, that gives us approximately 25.2 million US dollars for Moster Lake excluding all other properties. Just a quick math, that should put us at least over 30 cents on this project alone. Well done TomaGold.

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