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Bullboard - Stock Discussion Forum 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... see more

TSXV:LOT - Post Discussion

TomaGold Corp > POSITIVE COMMENT: presence of large geophysical anomalies
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Post by VeritasMaat on Feb 11, 2022 5:05pm

POSITIVE COMMENT: presence of large geophysical anomalies

Clearly 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/

Comment by eagle35 on Feb 12, 2022 9:29am
Very positive news indeed, we knew all along that the potential was there. The question is, what should our expectations be once Abitibi Geophysicist completes data analysis. Would there be a preliminary resource estimate ? Would it be a huge announcement that we have a major discovery? What should we expect? 
Comment by byloselhir on Feb 14, 2022 8:11am
We should expect folk on this board that have been saying what a rubbish company Toma is , they want to sell their shares and everyone should be fired to know say what a great company it is and they knew it all along
Comment by eagle35 on Feb 14, 2022 9:03am
This post has been removed in accordance with Community Policy
Comment by eagle35 on Feb 14, 2022 10:20am
VeritasMaat, what are your expectations? What should we expect in couple of weeks when Abitibi Geophysics completes data analysis? A major gold discovery? A preliminary resource estimate? Or what else ? 
Comment by NLJigger1 on Feb 14, 2022 10:26am
What about your expectations or professional opinion Eagle35?
Comment by eagle35 on Feb 14, 2022 10:36am
Pure speculation on my part, but based on the latest NR it sounds like something big is about to be announced. Again, my best guess would a major gold discovery or preliminary resource estimate. That's my humble opinion, and hopefully I'm right. 
Comment by VeritasMaat on Feb 14, 2022 11:30am
Good Questions @eagle35 What should we expect in couple of weeks when Abitibi Geophysics completes data analysis? you will have a full report, describing the anomalies on the grid they have surved. Usualy this comes with charts, maps and plans. what are your expectations? To see large anomalies!  :-) A major gold discovery? you won't see a GOLD discovery with an IP. But you will ...more  
Comment by NLJigger1 on Feb 14, 2022 11:54am
Very interesting observation. When you use the term polymetallic that would refer to a minimum of two minerals or more correct? This is amazing, certainly looking forward to upcoming press releases. this in my opinion is a major developement.