Chibougamau Independent Mines Inc. , herein called Chibougamau, is pleased to update shareholders as regards recent drilling reported by TomaGold Corp. on the Berrigan property located west of the town of Chibougamau, under option from Chibougamau Independent Mines Inc. Updated option terms were published in a Chibougamau Independent press release dated September 30, 2025 accessible by clicking here. Tomagold has [...]
Chibougamau Independent Mines is pleased to announce that it has completed a "flow-through" private placement by issuing 689,655 "flow-through" shares at a price of $0.29 per share for proceeds of approximately $200,000. Chibougamau will use the proceeds from the private placement for exploration on its Lac Chibougamau property in Québec. As a result of the closing of the private placement, there are 61,755,191 common [...]
Chibougamau Independent Mines is pleased to inform shareholders that TomaGold Corp. have reported intersecting zinc, silver and gold mineralization in drill holes on the Berrigan claims located in the Chibougamau mining camp, under option from Chibougamau Independent Mines. Intersections as reported by TomaGold on December 22, 2025, include: Main High-Grade Intersections: Hole TOM-25-009 : 6.68% ZnEq over 48.05 metres [...]
Chibougamau Independent Mines is pleased to inform shareholders that Cerrado Gold has provided an update on the progress to the development of its Mont Sorcier high purity magnetite iron project located on the traditional Cree Territory of Eeyou Istche James Bay. The Mont Sorcier project is currently in the later stages of a feasibility study which Cerrado has targeted to be completed by Q2/2026. Chibougamau holds a 2 [...]
Chibougamau Independent Mines is pleased to provide shareholders with a brief update as regards the Mont Sorcier high purity iron deposit on which Chibougamau retains a two percent Gross Metal royalty. The following is a short text from todays Cerrado Gold's press release in which they provided further information on progress at Mont Sorcier. They have made significant progress drilling 17,000 metres of infill to update [...]
]Chibougamau Independent Mines wishes to inform shareholders that it has amended its agreement with TomaGold wherein TomaGold has the opportunity of acquiring, under an option, 100% interest in Chibougamau's Berrigan South, Berrigan Mine, Antoinette, Elaine Lake and Gwillim properties. Consideration under the updated agreement now stands at: $2,700,000 in cash payments, of which $300,000 has been completed, and the [...]
Chibougamau Independent Mines is pleased to highlight to shareholders the following update from Cerrado Gold is regards ongoing work at the Mont Sorcier Iron/vanadium project. In a press release of today's date, Cerrado published the following: Mont Sorcier Project Update At the Mont Sorcier high-purity iron project, detailed metallurgical test work and flow sheet design continued during the quarter. All key workstreams [...]
Chibougamau Independent Mines, wishes to inform shareholders that per the agreement with TomaGold Corp. dated August 11, 2023, Chibougamau has received the initial cash and share payments. In addition, Chibougamau has received the first anniversary shares payment but, due to market conditions, has extended both the required first anniversary $50,000 cash and $600,000 work expenditure requirement to June 30, 2025 [...]
Chibougamau Independent Mines and Globex Mining Enterprises are pleased to provide an update as regards the Mont Sorcier Iron Project. Chibougamau maintains a 2% Gross Metal Royalty on all mineral production from the property and Globex maintains a 1% Gross Metal Royalty on iron produced from the property. As a reminder, the Mont Sorcier Iron Deposit is a 678.5 Mt Indicated Resources and 546.6 Mt Inferred Resources [...]
Chibougamau Independent Mine regrets to inform shareholders that TomaGold Corporations and Chibougamau have mutually agreed today to terminate the letter of intent dated August 11, 2023 pursuant to which TomaGold had an option to acquire Chibougamau's East Block, comprised of 127 mining claims in McKenzie, Obalski, Roy and Lemoine Townships, Québec, as announced on August 14, 2023 and extended as announced in press [...]
Chibougamau Independent Mines wishes to inform shareholders that TomaGold Corporation have announced in a press release today, that they are finalizing the financing to acquire Chibougamau's East Block of copper-gold properties. In order to allow TomaGold to complete the complicated procedures of legal and regulatory paperwork and approvals, Chibougamau has extended the date to finalize the transaction to April 30, 2024 [...]
Chibougamau Independent Mines wishes to inform shareholders that Chibougamau has extended the "Option to Purchase" accorded to Tomagold Corp. by 45 days to allow completion of due diligence and secure financing to acquire Chibougamau's East Block of advanced copper-gold properties. The initial transaction was announced in press releases dated August 14, 2023 and September 13th, 2023. This press release was written by Jack [...]