TomaGold intersects 15.0 g/t Au, 46.8 g/t Ag and 10.4% Cu over 2 metres on its Obalski property
PRESS RELEASE
TSXV: LOT
TomaGold intersects 15.0 g/t Au, 46.8 g/t Ag and 10.4% Cu
over 2 metres on its Obalski property
Montreal, Quebec, March 16, 2017 - TOMAGOLD CORPORATION (TSXV: LOT) (“TomaGold” or the
“Corporation”) is pleased to announce initial results from its 1,700 -metre drilling program on its 100%-
owned Obalski property. The property covers 345 hectares , including a 33 -hectare mineral concession ,
and lies about 2 km south of Chibougamau, Quebec. Further results are pending.
The current program consists of about 1,700 metres of drillin g in 11 holes. The holes target an area
where mineralized zones A and B meet and are in contact with the Lac Doré anorthosite complex , which
has never been tested . Hole OB -17-02, drilled about 125 metres east of the old Zone A underground
workings, intersected semi-massive sul phides grading 15.0 g/t Au, 46.8 g/t Ag and 10.4% Cu over 2.0
metres, including 21.3 g/t Au, 52.3 g/t Ag and 8.6% Cu over one metre, at a vertical depth of 95 metres.
“We are excited about these initial results on Obalski ,” said David Grondin, President and CEO of
TomaGold. “According to the old Obalski mine plans and sections , we believe that Hole OB-17-02 could
be the eastern extension of Zone A, which produced 90,000 tonnes at grades of 3.0 g/t Au, 6.2 g/t Ag and
1.52% Cu between 1964 and 1972. However, more drilling will be required to confirm this hypothesis. As
mentioned previously, we are also aiming to assess the property’s gold potential at depth , because
although over 60,000 metres of drilling has been done on the property in the past, most of it was in
shallow holes.”
Based on observation of the sections available, the ratio of true th ickness to core length is estimated at
65% to 70%.
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.
Sample Preparation and Analysis
TomaGold has implemented and adheres to a strict Quality Assurance/Quality Control for the present
drilling program. The core is sawed in half, with one half kept as a witness sample in Chibougamau and
the other half shipped directly by bus to ALS Chemex in Val -d’Or, Quebec. The half core is then ground to
1/8" and split into two halves by ALS. One half is kept as a witness (reject) by ALS in Val -d’Or. ALS
pulverizes the other half at 150 mesh and takes a 50 g sample for analysis. The rest is kept at ALS and
identified as “pulp”.
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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