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TomaGold provides an update on current and future activities at Obalski, Star Lake and Brisk projects
MONTREAL, May 09, 2023 (GLOBE NEWSWIRE) -- TOMAGOLD CORPORATION (TSXV: LOT) (OTCQB: TOGOF) (“TomaGold” or the “Corporation”) is pleased to provide an update on
About this update from Tomagold Corporation Class A
[{"type":"text","content":" MONTREAL, May 09, 2023 (GLOBE NEWSWIRE) -- TOMAGOLD CORPORATION (TSXV: LOT) (OTCQB: TOGOF) (“TomaGold” or the “Corporation”) 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 north-northeast trending fault intersecting the A-Po Zone, which may contain remobilization of the A-Po Zone mineralization. Three holes (OBS-23-026 to OBS-23-28) were drilled on this structure for a total of 837.1 metres. The eastern extension of the A-Po Zone which had not been previously explored. A 550-metre hole (OBS-23-29) was drilled on this “Metal Factor” anomaly. Figure 1: Drilling program completed at Obalski The samples were shipped to ALS in Val-d'Or at the end of April. Results should be available by the end of May 2023. Re-analysis of historical samples on Obalski As reported in the April 5 press release, the processing of approximately 300 samples from historical drilling is still underway. Final results are expected by the end of May 2023. Prospecting program on Star Lake and Brisk The prospecting program on the Star Lake and Brisk properties is scheduled to begin at the end of May. These two properties are favourably located in the same geological context as the projects owned by Winsome Resources and Patriot Battery Metals (Brisk) and Brunswick Exploration (Star Lake). The work will be carried out by the Dahrouge Group. Approximately three weeks of work is planned and will consist mainly of identifying rock outcrops and collecting samples for analysis for lithium and rare earth elements. The teams will be equipped with a scintillometer and a portable XRF machine. Upcoming drilling program on Obalski The 2017 drilling program on Obalski outlined a significant NNE-SSW structure, which has not been followed up. Hole OB-17-002 had intercepted a 3.1 m mineralized structure that graded 10.3 g/t Au, 42.2 g/t Ag and 7.8% Cu. The Corporation plans to carry out a 1,000 m drilling program on this structure in early June 2023. “Over the coming months, we will be active on our three main pr...