Deep Semi Massive Sulphide Zinc, Silver and Gold Intersection at Berrigan Property
_____________________________________________________________________________________
Deep Semi Massive Sulphide Zinc, Silver and Gold Intersection
at Berrigan Property
ROUYN-NORANDA, QUÉBEC- Chibougamau Independent Mines Inc. (CBG-TSXV in Can ada, CLL1-Frankfurt,
Stuttgart, Berlin and Lang & Schwarz Stock Exchanges in Germany, CMAUF -OTC in the US) , herein called
Chibougamau, is pleased to update shareholders as regards recent drilling reported by TomaGold
Corporation (LOT-TSXV, TOGOF-OTCPK) 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 published assay results for two drill holes TOM-25-015 and TOM-25-014 as follows:
• Drill hole TOM-25-015 (from 451.20 m): 5.75% ZnEq (1.34 g/t AuEq) over 98.5 m
o Including: 26.67% ZnEq (6.26 g/t AuEq) over 4.90 m
o Including: 7.26% ZnEq (1.69 g/t AuEq) over 49.35 m
o Including: 10.26% ZnEq (2.39 g/t AuEq) over 14.60 m, 9.94% ZnEq (2.31 g/t AuEq) over 3.25
m, and 14.82% ZnEq (3.45 g/t AuEq) over 6.20 m
• Drill hole TOM -25-015 confirms the discovery of a new major semi -massive sulfide zone, named
Berrigan Deep, which remains open at depth
• Drill hole TOM-25-014 (from 185 m): 28.69% ZnEq (6.73 g/t AuEq) over 2.10 m
For more details, shareholders may access the Tomagold press release by clicking here.
Tomagold states that “Drill hole T OM-25-015, grading 5.75% ZnEq (1.34 g/t AuEq) over 98.5 m, is truly
transforming the Berrigan Mine project and highlights a new semi -massive sulfide zone that extends at
depth beneath the known zones. This very encouraging result suggests the presence of a large mineralized
system that remains open at depth.”
Press Release
January 29, 2026
61,755,191 shares issued and outstanding
Page 2
The drill holes contain significant secondary silver and gold mineralization. The table below provides the
breakdown of individual assays.
Results from drill holes TOM-025-014 and TOM-025-015: Berrigan Mine project
Hole ID From
(m)
To
(m)
Length
(m)
ZnEq
(%)
AuEq
(g/t)
Au
(g/t)
Ag
(g/t)
Cu
(ppm)
Zn
(ppm)
TOM-25-014 185.00 187.10 2.10 28.69 6.73 4.94 56.44 545 45509
238.70 239.85 1.15 23.29 5.43 2.63 22.20 1590 104000
251.20 252.60 1.40 41.79 9.80 7.44 37.30 552 80400
405.30 406.70 1.40 14.99 3.48 1.13 13.15 655 92514
423.30 426.30 3.00 2.34 0.54 0.07 5.45 493 15700
451.50 457.50 6.00 1.34 0.31 0.08 3.45 77 7882
TOM-25-015 132.55 141.00 8.45 4.22 0.99 0.51 5.51 338 16610
155.70 157.70 2.00 31.75 7.42 4.66 26.90 684 102850
182.10 202.20 20.10 2.55 0.60 0.36 3.20 265 7687
451.20 549.70 98.50 5.75 1.34 0.82 3.21 386 19751
including 452.20 457.10 4.90 26.67 6.26 4.69 18.80 2897 47876
and including 500.35 549.70 49.35 7.26 1.69 0.90 3.48 310 31250
Including 521.00 535.60 14.60 10.26 2.39 1.34 5.91 420 41158
Including 537.85 541.10 3.25 9.94 2.31 0.88 3.85 529 58200
Including 542.00 548.20 6.20 14.82 3.45 1.63 5.26 511 74276
Notes:
• The reported widths represent core lengths. True wid th is estimated to be approximately 80 -85%
of the core length, depending on the deviation angles.
• ZnEq and AuEq are calculated using the Company’s standard parameters.
• AuEq calculation was based on US$4150/oz Au, $51.36/oz Ag, US$5.044/lb . Cu and $1.398/lb
Zn. AuEq = Au g/t + (Ag g/t × 0.01237) + (Cu ppm × 0.000083) + (Zn ppm × 0.000023). The use of AuEq
is to calculate cut -off grades for exploration purposes, and no adjustments were made for metal
recovery. The Company is currently in the initial exploration phase, following historical drilling. At this
stage, the Company does not have any metallurgical data and no comparative studies have been
conducted, given the geological complexity of the ultramafic host rock. Furthermore, the Company is
not aware of any deposits that may have similar geological characteristics.
• ZnEq calculation was based on US$4047/oz Au, $50.22/oz Ag, US$4.796/lb . Cu and $1.390/lb
Zn. ZnEq = Zn ppm + (Ag g/t × 527) + (Au g/t x 42466) + (Cu ppm × 3.45) / 10,000. The use of ZnEq is
to c alculate cut -off grades for exploration purposes, and no adjustments were made for metal
recovery. The Company is currently in the initial exploration phase, following historical drilling. At this
stage, the Company does not have any metallurgical data and no comparative studies have been
conducted, given the geological complexity of the ultramafic host rock. Furthermore, the Company is
not aware of any deposits that may have similar geological characteristics.
Page 3
Drill Hole TOM-25-015: A Major Discovery at Depth
This press release was written by Jack Stoch, P. Geo., President and CEO of Chibougamau Independent Mines
Inc. in his capacity as a Qualified Person (Q.P.) under NI 43-101.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
We Seek Safe Harbour.
CUSIP Number 167101 203
LEI 529900GYUP9EBEF7U709
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Chibougamau Independent Mines Inc.
86, 14th Street
Rouyn-Noranda, Quebec Canada J9X 2J1
Tel.: 819.797.5242
Fax: 819.797.1470
www.chibougamaumines.com
Forward Looking Statements
Except for historical information this News Release may contain certain “forward looking statements”. These statements may in volve a number of known
and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the
Companies expectations and projections. A more detailed discussion of the risks is available under “disclaimer” on the Company’s website.