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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 5:05pm
180 Views
Post# 34422032

POSITIVE COMMENT: presence of large geophysical anomalies

POSITIVE COMMENT: presence of large geophysical anomaliesClearly something is going on, otherwise why would they also buy the remaining 51% interest in the west claims?

READ THE NEWS GUYS... READ IT

2021 induced polarization survey

In December 2021, Abitibi Geophysics of Val-d’Or conducted an induced polarization (IP) survey on behalf of the Corporation over approximately 6 line-km. A preliminary report indicated the presence of large geophysical anomalies to the west and southwest of the Obalski deposit. The Corporation has forwarded its full drilling database for more than 525 holes to Abitibi Geophysics to enable them to correlate the geophysical data with the drilling data. The report also shows that geophysical coverage is insufficient, with a strong anomaly located on the southwestern edge of the grid. Some 9 line-km of  additional linecutting will begin in the next few days, to be followed by IP surveying.

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/

 

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