TomaGold Files NI 43-101 Technical Report for the Monster Lake Initial Mineral Resource Estimate

TomaGold Files NI 43-101 Technical Report for the Monster

Lake Initial Mineral Resource Estimate

MONTREAL

,

May 17, 2018

/CNW Telbec/ -

TOMAGOLD CORPORATION (TSXV: LOT)

("TomaGold" or the "Corporation") is

pleased to announce that it has filed a National Instrument 43-101 ("NI 43-101") Technical Report prepared for TomaGold and its joint-venture

partner IAMGOLD Corporation on the initial mineral resource estimate for the Monster Lake Project in Québec,

Canada

, reported in the news

release dated

March 28, 2018

.

The NI 43-101 Technical Report was prepared by Charlotte Athurion, P.Geo., and

Karine Brousseau

, P.Eng., both of InnovExplo, under the

supervision of

Alain Carrier P.Geo

., of InnovExplo. All are considered "Qualified Persons" as defined by NI 43-101. The NI 43-101 Technical

Report may be found on TomaGold's website at

www.TomaGold.com

or under TomaGold's profile at

www.sedar.com

.

About TomaGold Corporation

TomaGold Corporation is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration and development of gold

mineral properties. To optimize its chances of discovery and minimize its exploration risk, TomaGold aims to develop high-grade gold properties

with major mining companies. It currently has joint venture agreements with IAMGOLD Corporation for the Monster Lake project, with Goldcorp

Inc. for the Sidace Lake property, and with Goldcorp Inc. and New Gold Inc. for the Baird property. TomaGold has interests in six gold

properties in northern

Quebec

: Monster Lake, Winchester, Lac-à-l'Eau-Jaune, Monster Lake East, Obalski and Lac Cavan near the

Chibougamau

mining camp. It also holds a 39.5% interest in the Sidace Lake property and a 24.5% in the Baird property near the

Red Lake

mining camp in

Ontario

. Finally, it has an option to acquire a 70% interest in the Hazeur property, at the southern edge of the Monster Lake group

of properties.

The Corporation is also engaged in gold brokerage activities in

South America

through its subsidiary, TomaSouth Corporation.

www.tomagoldcorp.com

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. The statements in this news release that are not

historical facts are "forward-looking statements". Readers are cautioned that any such statements are not guarantees of future

performance, and that actual developments or results may vary materially from those described in such "forward-looking" statements.

SOURCE

Corporation TomaGold

View original content: http://www.newswire.ca/en/releases/archive/May2018/17/c1676.html

%SEDAR: 00025917E

For further information:

David Grondin, President and Chief Executive Officer, (514) 583-3490, www.tomagoldcorp.com

CO: Corporation TomaGold

CNW 16:33e 17-MAY-18