TomaGold Corp.

TomaGold Corp. announces that, subject to the filings with and the approval from the TSX Venture Exchange , it intends to complete a non-brokered private placement of up to 20 million common shares of the Company on a "flow-through" basis at a price of $0.025 per FT Share and up to 25 million common shares of the Company at a price of $0.02 per Common Share for aggregate gross proceeds of up to $1,000,000 . The net [...]

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 David Grondin, President and CEO of TomaGold. With respect to the West Block [...]

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 been adjusted upward by $500,000 since the original agreement with [...]

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, September 13, 2023 and September 18, 2023. About TomaGold TomaGold Corporation [...]

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 Globex Mining Enterprises Inc. to acquire a total of 13 mining properties by making cash [...]

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 pursuant to the agreements signed with SOQUEM Inc. , [...]

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 copper and gold resource and enhance shareholder value MONTREAL, Aug. 14 [...]

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 on its Obalski property. This program targeted two priority areas: A [...]

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 1,500-metre drill program on Obalski next week to test new targets identified [...]

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 the host rocks via borehole logging, which validated the use of two [...]