TomaGold announces IAMGOLD drilling plans for Monster Lake Drilling program to start this week will consist of approximately 8,000 metres

PRESS RELEASE

TSXV: LOT

TomaGold announces IAMGOLD drilling plans

for Monster Lake

Drilling  program  to  start  this  week  will  consist  of  approximately  8,000  metres  

Montreal,  Quebec,  January  17,  2017  -­‐  TOMAGOLD  CORPORATION  (TSXV:  LOT)  (“TomaGold”  or  

the   “Corporation”)   is   pleased   to  provide  an   update   of   IAMGOLD  Corporation’s  (“IAMGOLD”)  

drilling   plans   for   the   Monster   Lake   project   in   2017.  The   Monster   Lake   project   (IAMGOLD  

50%/TomaGold  45%)  is  located  50  kilometres  southwest  of  Chibougamau  (Quebec),  Canada.  

The  drilling   program  will   start   this   week   and   will   consist   of   approximately  8,000   metres.   This  

particular  drilling  program  is  designed  to  target  high  potential  areas  along  the  3-­‐kilometre  trend  

of  the  Monster  Lake  Shear  Zone  (“MLSZ”)  and  associated  structures  to  verify  few  known  zones  

of  mineralization  already  intersected  in  specific  areas,  including  the  possible  second  zone  along  

the   main   hosting   structure   MLSZ   located   200   to   400   metres   to   the   north   of   the   325-­‐Megane  

Zone.   Structural   patterns   indicate   the   possibility   of   new   ore   shoots   along   this   major   corridor.  

Drilling  will  focus  on  five  main  areas:  

• The  Main  and  Lower  Zones  SW  of  the  325-­‐Megane  Zone.  

• The  Main  and  Lower  Zones  NE  of  the  325-­‐Megane  Zone.  

• Big  Mama  E-­‐W  structure.  

• Infill  holes  at  325-­‐Megane  Ore  Shoot.  

• Investigative  holes  around  anomalous  drill  holes  close  to  Annie  zoneZ  

“We  are  pleased  and  eager  to  start  this  next  phase  of  drilling  as  it  will  target  high  potential  areas  

at  Monster  Lake,”  said  David  Grondin,  President  and  CEO  of  TomaGold.  “We  are  still  convinced  

that   Monster   Lake   holds   a   strong   discovery   potential   and   IAMGOLD   is   the   perfect   partner   to  

unlock  its  value.”  

The  technical  content  of  this  press  release  has  been  reviewed  and  approved  by  André  Jean,  Eng.,  

a  qualified  person  as  defined  by  National  Instrument  43-­‐101.  

About  TomaGold  Corporation  

TomaGold  Corporation  is  a  Canadian-­‐based  mining  exploration  company  whose  primary  mission  

is  the  acquisition,  exploration  and  development  of  gold  projects  in  Canada  and  abroad.    

Contact:  

David  Grondin    

President  and  Chief  Executive  Officer  

(514)  583-­‐3490  

www.tomagoldcorp.com  

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