TomaGold Corp. is making notable progress in its quest for precious and base metals, especially gold and copper, with a primary focus on the Chibougamau mining camp located in Quebec. As of early, the company has been actively drilling multiple projects, with its flagship assets being the Obalski and Chicot projects. Additionally, TomaGold has options to acquire full interests in several other properties, including Berrigan Mine, David, Radar, and Dufault.
Furthermore, TomaGold holds a 24.5% joint venture stake in the Baird gold project, situated close to the renowned Red Lake mining camp in Ontario. This diverse portfolio not only enhances the company’s potential for growth but also positions it strategically in two key mining regions of Canada.
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Recent drilling successes and exploration initiatives
In January, TomaGold unveiled promising results from its deep drilling program at the Berrigan Mine. The drilling at hole TOM-25-015 showcased a substantial interval of semi-massive to massive sulphide mineralization, indicating rich mineral content. The revelation that the “Berrigan Deep” zone is still open for further exploration amplifies the excitement surrounding this project.
Following this initial success, February brought additional positive news as TomaGold released findings from a borehole electromagnetic (BHEM) survey. This survey, conducted by Abitibi Geophysics, identified several conductive plates that align with previously discovered mineralization. Notably, the BER-14C plate was highlighted as a significant target for upcoming drilling efforts, warranting further geophysical assessment.
Technical insights from the BHEM survey
The BHEM survey modeled various conductive plates, which not only validated the high-grade intersections indicated in earlier drilling results but also suggested considerable potential for mineralization extension. According to TomaGold’s President and CEO, David Grondin, the survey underscores the existence of a large-scale mineral system at the Berrigan Mine.
The technical analysis employed advanced tools, including Terrascope PRO5U transmitters and a GPS-synchronized DigiAtlantis triaxial probe, to gather data with impressive accuracy. This data has been processed using specialized software to create a detailed understanding of the mineralization beneath the surface.
Plans for future exploration
Looking ahead, TomaGold has laid out an ambitious plan to drill three new boreholes, designated TOM-26-016 to TOM-26-018, targeting the northeast and deeper extensions of the identified BER-14C conductive plate. This strategic exploration aims to extend the findings of earlier holes and uncover further mineral resources.
In addition to drilling, the company intends to conduct a low-frequency surface electromagnetic survey to refine its understanding of the mineralized system’s thickness and lateral extent. This proactive approach exemplifies TomaGold’s commitment to thorough exploration and resource development.
Understanding the Berrigan Mine project
The Berrigan Mine property encompasses 16 claims across 483 hectares, located approximately 4 kilometers north-northwest of Chibougamau. TomaGold has an option to acquire full ownership of this property from Chibougamau Independent Mines Inc. Historical assessments of the site indicate significant mineral potential, with estimates suggesting a resource grading of 3.17% Zn and 1.77 g/t Au in the main Berrigan Mine zone.
However, it is essential to note that these estimates are historical and do not conform to current regulatory standards. As such, TomaGold is actively working to validate and potentially upgrade these resources through ongoing exploration efforts.
In conclusion, TomaGold is at the forefront of exploration in Quebec’s Chibougamau mining camp, diligently advancing its projects with innovative drilling techniques and thorough surveys. With a strong focus on enhancing its portfolio, the company is positioned to make significant contributions to the mining industry in the region.
