Assay TV catches up with David Grondin, president and CEO of TomaGold (TSXV: LOT), as he updates us on the company’s wholly-owned Obalski Project in Chibougamau, Quebec. TomaGold has just released the results of the first three holes in phase 2 of its 11,500m drilling programme, which has intersected 5.06 g/t Au over 10.5m at a depth of 360m.
Earlier in February 2022, TomaGold acquired five more claims immediately west of Obalski, expanding the property to 2,724ha across 74 claims. The IP survey over approximately six line-km is now underway after completion of the drilling, and some nine line-km additional line-cutting will also begin in February 2022.
Primary ticker: TSXV:LOT
Stages of development: Exploration, Development
Project to promote: Obalski
Project Location: Canada