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TomaGold intersects 47.4 g/t Au, 87.6 g/t Ag and 7.06% Cu over 1.1 metres on Obalski
Corporation reports results from first three holes out of a seven-hole, 2,502-metre program Best results include: Hole OBS-20-002: 47.4 g/t Au, 87.6 g/t Ag and
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[{"type":"text","content":" Corporation reports results from first three holes out of a seven-hole, 2,502-metre program Best results include: Hole OBS-20-002: 47.4 g/t Au, 87.6 g/t Ag and 7.06% Cu over 1.1 metres, and 67.1 g/t Au, 40.1 g/t Ag and 2.32% Cu over 0.5 metres Hole OBS-20-001: 12.45 g/t Au, 17.7 g/t Ag and 0.53% Cu over 0.65 metres Strong results warrant follow-up 10,000-metre drilling program, to start in the Spring MONTREAL, March 10, 2021 (GLOBE NEWSWIRE) -- TOMAGOLD CORPORATION (TSXV: LOT) (“TomaGold” or the “Corporation”) is pleased to report the initial results of its 2,502-metre drilling program on its wholly-owned Obalski property, in Chibougamau, Quebec. Drilling began in December 2020 and ended on February 18, 2021. The program consisted of seven holes, six of which were drilled on two separate sections (450 E and 120 E), while the seventh hole was designed to test the rock type at the eastern property boundary. The goal of the program was to better define the A-Po Zone on sections 450 E and 120 E, located 330 metres apart, with very little exploration work in between. Drilling was also aimed at intersecting the A, C and D zones, some of which have already been mined underground and the subject of minor surface work. The following table shows the gold, silver and copper results for the first three holes, on section 450 E: HOLE ZONE Au(g/t) Ag(g/t) Cu(%) Core length*(m) Depth(m) OBS-20-001 C 12.45 17.7 0.53 0.65 93 OBS-20-001 A-Po N 1.93 1.8 NSV 0.55 234 OBS-20-002 C 1.38 1.39 NSV 1.10 100 OBS-20-002 A 67.1 40.1 2.32 0.50 205 OBS-20-002 D 2.59 3.1 NSV 0.90 236 OBS-20-002 A-Po N 47.4 87.6 7.06 1.10 298 OBS-20-003 A-Po S 0.51 1.84 0.12 11.95 276 Including A-Po S 1.58 4.8 0.19 1.30 276 Including A-Po S 1.2 4.2 0.53 1.10 276 OBS-20-003 A-Po N 6.35 1.9 NSV 0.50 376 OBS-20-003 A-Po N 0.26 2.13 NSV 7.10 419 NSV: non-significant value *The width shown is the core length. True width is estimated at 65-70% of core length. “These are great results for our first three holes on Obalski, as they show that the property hosts high gold, silver and copper grades, warranting a larger drilling program to define its potential,” said David Grondin, President and CEO of TomaGold. “Once we have the additional input from the three holes drilled on section 120 E, we’ll prepare a follow-up 10,000-metre diamond drilling program that we will start ...