Assay TV catches up with David Grondin, President and CEO of TomaGold (TSXV: LOT), regarding the company’s recent positive assay results from their Obalski project. David informs us that the results of the Pulse-EM geophysical survey conducted in June 2021 revealed significant differences between the current location of the gold-bearing structures at depth and those reported by previous operators.
The company is conducting gyroscopic surveys in historical drill holes that are more than 100 metres deep to confirm the location of the various gold-bearing structures. This will help guide Phase 2 drilling on Obalski now Phase 1 has been completed. David also explains that TomaGold intends to initiate more drilling in the Monster Lake area, including at the Hazeur property.
Primary ticker: TSXV:LOT
Stages of development: Exploration, Development
Projects to promote: Obalski, Monster Lake East, Monster Lake West, Hazeur
Project location: Canada