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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

Post by VeritasMaaton Feb 11, 2022 9:36am
138 Views
Post# 34419708

POSITIVE POST ON TOMAGOLD; PRESS RELEASE THIS MORNING

POSITIVE POST ON TOMAGOLD; PRESS RELEASE THIS MORNING
https://www.tomagoldcorp.com/en/news-releases/tomagold-intersects-5-06-g-t-au-over-10-5-m-including-71-g-t-au-over-0-65-m-at-a-depth-of-360-m-at-obalski/

Read the news carefully; what do we have here, positive results (and from what we can read more results to come)
 
The company is currently drilling!!! 2000 meters are completed and another 500 meters is about to be completed
 
They did an IP survey in December and preliminary results indicate the presence of a large anomaly. So much so that the company has decided to double the size of the survey, so we have to keep an eye out for further news in this regard.
 
Finally, they consolidated all of their interests in the area by purchasing Yorbeau's 51% interest in the claims to the west.
 
Looks like the company is working on something very interesting
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