THE NEWS we were waiting forthe latest drilingsl confrim historical data.
TOMAGOLD CORPORATION (TSXV: LOT) (“TomaGold” or the “Corporation”) is pleased to report preliminary results from its 2,500-metre drilling program on its wholly-owned Obalski property. The goal of this program was to better define the A-Po Zone on two separate sections (450 E and 120 E), 330 metres apart horizontally. As part of the program, the Corporation anticipates that the holes should also cross other known mineralized zones such as the A, C and D veins.
The Corporation obtained positive preliminary results from the current program, as the first three holes intersected the target zones, namely the A, C, D and A-Po zones. The A-Po Zone is particularly well represented in all three holes with passages of massive sulphides composed of pyrrhotite, pyrite and chalcopyrite, which are generally contained in quartz-carbonate-chlorite veins. These passages are approximately 30 to 60 cm discontinuous over intervals of up to nearly 15 metres along the core, all within a very fine-grained gabbro.
Hole OBS-20-003 intersected the A-Po Zone at a vertical depth of 400 metres. This zone remains open both vertically and laterally. Geological observations to date show that the A-Po Zone shows a definite potential and supports the need for additional drilling.
A total of approximately 262 samples including control samples (QA-QC) were collected and shipped to ALS Global in Val-d'Or.
The second part of the three-hole program started this week and covers section 120 E. The targets are essentially the same as those on section 450 E at similar vertical depths.
In addition, the Corporation plans to conduct some drilling on Monster Lake East once the work on Obalski is completed. A forest intervention permit was filed this week with the MERN for work to be carried out before mid-April. The Corporation also plans to conduct a low-level Mag survey on Monster Lake West. The survey will be flown with lines spaced at 50-metre intervals at an average altitude of 20 metres above ground level for a total of 235 km.
Finally, the Corporation invites investors to view the interview and the following articles on TomaGold:
Video interview: https://www.youtube.com/watch?v=rYFgJ6Ru9vU&feature=youtu.be
Junior Gold Report: https://juniorgoldreport.com/tomagold-a-stock-worth-weighting-for/
SuperCharged Stocks: https://superchargedstocks.com/insight/tomagold-corporation-tsxv-lot-otc-togof/
The technical content of this press release has been reviewed and approved by Andr Jean, P.Eng., the Corporation’s Director of Exploration and a qualified person under National Instrument 43-101.