TomaGold Hits High-Grade Gold, Copper And Silver At Obalski
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TomaGold Hits High-Grade Gold, Copper And Silver At Obalski

byColin Sandell-Hay, Contributor - The Assay
5 years ago
Reading Time: 2 mins read
TomaGold Hits High-Grade Gold, Copper And Silver At Obalski

Strong Results Warrant 10,000m Follow-up Programme

TomaGold Corporation (TSXV: LOT)has received promising initial results of its 2,502m drilling programme on its wholly-owned Obalski property, in Chibougamau, Quebec.

Drilling began in December 2020 and ended on February 18, 2021. The programme consisted of seven holes, six of which were drilled on two separate sections (450 E and 120 E), while the seventh hole was designed to test the rock type at the eastern property boundary.

The goal of the program was to better define the A-Po Zone on sections 450 E and 120 E, located 330m apart, with very little exploration work in between.

Drilling was also aimed at intersecting the A, C and D zones, some of which have already been mined underground and the subject of minor surface work.

Best results include:

  • Hole OBS-20-002: 47.4 g/t Au, 87.6 g/t Ag and 7.06% Cu over 1.1m, and 67.1 g/t Au, 40.1 g/t Ag and 2.32% Cu over 0.5m
  • Hole OBS-20-001: 12.45 g/t Au, 17.7 g/t Ag and 0.53% Cu over 0.65m

“These are great results for our first three holes on Obalski, as they show that the property hosts high gold, silver and copper grades, warranting a larger drilling programme to define its potential,” said President and CEO, David Grondin.

“Once we have the additional input from the three holes drilled on section 120 E, we’ll prepare a follow-up 10,000m diamond drilling programme that we will start in the spring.

“The new programme could yield some very interesting results, as our technical team will focus on targets both along strike and at depth that appear to have been overlooked by the previous owners.” 

Tags: CanadaCopperExplorationGoldPrecious MetalsQuebecSilverTSXV:LOT
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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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