TomaGold Completes Drilling on Little Monster, Cookie Monster, Monster Island and Hazeur

MONTREAL, QUEBEC – Dec. 23, 2015 – TOMAGOLD CORPORATION (TSX VENTURE:LOT) (“TomaGold” or the “Corporation”) is pleased to announce that following a VTEM type airborne electromagnetic survey of 443 km completed during the month of November 2015 on the Little Monster, Cookie Monster, Monster Island and Hazeur properties, the Corporation completed a diamond drilling campaign that it initiated in early December 2015.

This drilling campaign consisted of eleven holes totaling 1,783 meters. Six holes were drilled on Little Monster, two on Monster Island and three on Cookie Monster. The six holes on Little Monster were mainly aimed at testing two electromagnetic anomalies revealed by the VTEM survey. Mineralized horizons of pyrite, pyrrhotite and graphite included in shear zones were intersected. The two holes on Monster Island were designed to verify the presence of gold-bearing quartz veins in a gabbro horizon.

Finally, the three holes on Cookie Monster consisted in testing a known electromagnetic anomaly on the Lac-à-L’eau-Jaune property, which continues on the Cookie Monster property. These three holes intersected an intense silicification zone in basalts cushions accompanied with disseminated pyrrhotite mineralized zones with semi-massive pyrite and chalcopyrite traces. The geological units encountered are similar to those seen on the Monster Lake property, which is the subject of constant work by IAMGOLD Corporation. Ninety-five half-core samples were collected and shipped to AgatLab for analysis for gold, copper and zinc. Results are expected by mid-January 2016.

Read the full release here: TomaGold News Archive

Category: News Story

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