- TomaGold (LOT) announced initial drilling intersects at target zones on its Obalski property
- TomaGold is anticipating the drill holes will also cross other known mineralized zones such as the A, C, and D veins
- The A-Po Zone shows well-represented results in all three holes with passages of massive sulphides composed of pyrrhotite, pyrite and chalcopyrite
- Eventually, TomaGold plans to conduct drilling on Monster Lake East once the work on Obalski is completed
- Located around 2 km south of Chibougamau, Québec, the Obalski property covers 345 hectares, including a 33-hectare mineral concession.
- TomaGold (LOT) is in the gray and is trading at C$0.095 per share at 1:41 pm EST
TomaGold (LOT) announced initial drilling intersects at target zones on its Obalski property.
Preliminary results have been sent back to TomaGold from its 2,500-metre filling program on its wholly-owned Obalski property.
The original goal set out was to define the A-Po Zone on two separate sections (450 E and 120 E), 330 metres apart horizontally.
TomaGold anticipates the drill holes will also cross other known mineralized zones such as the A, C, and D veins.
The first three holes intersected the target zones of A, C, D and A-Po zones.
The A-Po Zone shows well-represented results in all three holes with passages of massive sulphides composed of pyrrhotite, pyrite and chalcopyrite.
These passages are around 30 to 60 cm, discontinuous over intervals of up to nearly 15 metres along the core.
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 show that the A-Po Zone holds potential and supports the need for future 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.
Eventually, TomaGold plans to conduct drilling on Monster Lake East once the work on Obalski is completed.
This week, a forest intervention permit was filed with the MERN for work to be carried out before mid-April.
Another plan is 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.
Located around 2 km south of Chibougamau, Québec, the Obalski property covers 345 hectares, including a 33-hectare mineral concession.
TomaGold Corporation is a Canadian mineral exploration corporation dealing in the acquisition, assessment, exploration and development of gold mineral properties.
TomaGold (LOT) is in the gray and is trading at C$0.095 per share at 1:41 pm EST.
