TomaGold Corp. will not proceed with the acquisition of the East Block from Chibougamau Independent Mines Inc. . "We were fully committed to acquiring the East Block and had financing proposals to complete the transaction. However, we were unable to reach agreement with Chibougamau on terms that were commercially acceptable to TomaGold," stated [...]
TomaGold Corp. announces the following corporate update. East Block acquisition term extended The Corporation has extended the "Option to Purchase" with Chibougamau Independent Mines Inc. until April 30, 2024, to finalize the financing to acquire Chibougamau's East Block copper-gold properties. In addition, the purchase price for the East Block has [...]
TomaGold Corp. wishes to inform its shareholders that it has extended the "Option to Purchase" with Chibougamau Independent Mines Inc. by 45 days to allow completion of due diligence and secure financing to acquire Chibougamau's East Block copper-gold properties. The initial transaction was announced in the press releases dated August 14, 2023 [...]
TomaGold Corp. is pleased to announce that it has met all its initial commitments regarding the previously-announced acquisition of 20 mining properties , forming the major portion of the Chibougamau Mining Camp, in Quebec, Canada. The Corporation has paid its initial commitments to SOQUEM Inc. , Chibougamau Independent Mines Inc. and [...]
Main objective to unlock the value of the Chibougamau Mining Camp historical deposits TomaGold receives conditional approval from the TSX Venture Exchange for these transactions MONTREAL, Sept. 13, 2023 -- TomaGold Corp. is pleased to provide further details to the previous release dated August 14, 2023 regarding the properties being acquired [...]
Game-changer strategy for TomaGold, which will allow it to acquire a district-size land package The agreements comprise 20 mining properties, hosting a mix of copper-gold-silver-zinc mineralization, of which 6 were past-producing mines TomaGold's objective is to further consolidate the Chibougamau Mining Camp with the goal of increasing the belt's [...]
TomaGold Corp. is pleased to provide an update on current and future activities at its Obalski, Star Lake and Brisk projects. Drilling program completed at Obalski Following the recommendations of Abitibi Geophysics of Val-d'Or at the end of 2022, the Corporation drilled four holes for a total of 1,386.4 metres between April 11 and April 24, 2023 [...]
Grinding selected samples to 90% instead of 70% increases gold grades from 5% to 38% for these samples. Best result from the 2,958-metre drill program includes 27.75 metres grading 0.84 g/t Au , intersecting the A-Po Zone. About 300 additional samples from previous drilling have been sent to the laboratory for reanalysis. TomaGold will begin a [...]
TomaGold Corp. is pleased to announce the results of geophysical work on its wholly owned Obalski property, located 2 km south of Chibougamau, Quebec. In 2022, borehole geophysical surveys were conducted by Abitibi Geophysics on the Obalski property. The work began with the characterization of the electrical properties of the mineralized zones and [...]
MONTRÉAL, Jan. 24, 2023 -- TomaGold Corp. is pleased to report positive prospecting sampling results on its 100%-owned Star Lake property, located 120 km southeast of Radisson, in the James Bay area of Québec. TomaGold has also doubled the size of its Star Lake property to 214 map-designated claims over an area of 10,906 ha , the largest land [...]
TomaGold Corp. is pleased to announce that it has closed a first tranche of $974,125 of a non-brokered private placement of up to $2,000,000. The Private Placement comprises common shares in the capital of the Corporation issued on a "flow-through" basis at a price of $0.055, and units of the Corporation at a price of $0.05. Under the First [...]
TomaGold Corp. is pleased to announce the acquisition of 96 map-designated claims covering an area of 4,962.6 ha , located 120 km southeast of Radisson and approximately 15 km south of the recently acquired claims in James Bay. The property will be known as Star Lake and has been the subject of geophysical surveys that have identified six rare [...]
