TomaGold Intercepts 6.68% ZnEq (1.57 g/t AuEq) over 48.05 Metres, including 39.03% ZnEq (9.15 g/t AuEq) over 2.90 Metres at Berrigan Mine and Identifies a Major Hydrothermal Footprint

The most recent news release (December 22, 2025) reports initial assay results from the Phase 1 drilling program at the Berrigan Mine project. The standout result is hole TOM-25-009, which intercepted 48.05 metres grading 6.68% ZnEq (1.12 g/t Au, 3.44% Zn, 0.44% Cu, 10.95 g/t Ag), including a very high-grade section of 2.90 metres at 39.03% ZnEq (9.15 g/t AuEq). Additionally, hole TOM-25-010 returned 48.30 metres of 2.67% ZnEq. Management reports that a major hydrothermal footprint has been identified, reinforcing the geological model. This follows a December 19 announcement confirming the receipt of a final $1,000,000 cash payment from IAMGOLD related to an asset sale, and a December 17 announcement of the closing of a $1 million private placement.

This sequence of news marks a significant pivot for TomaGold from a state of near-insolvency to active exploration. - Discovery Validation: The 48-metre intercepts are substantial and suggest a robust mineralized system. The grade of 6.68% ZnEq is economically interesting, and the high-grade sub-intervals suggest a "sweet spot" within the Berrigan structure. - Financial Survival: Historical financial statements from mid-2025 showed a desperate situation (Cash: $18,033; Total Equity: -$830,184). The combination of the $1,000,000 cash payment from IAMGOLD and the $1,007,000 raised in the December private placement effectively cleans up the balance sheet for the 2026 campaign. - Operational De-risking: By offloading the Hazeur/Monster Lake assets, the company generated $2M in total non-dilutive cash (closing + final payment) while retaining a 2% NSR, focusing resources on the Chibougamau camp.

TomaGold is focused on the Chibougamau mining camp in Quebec. - Flagship Project: Berrigan Mine (Gold-Silver-Zinc-Copper). It is located 4km N-NW of Chibougamau. - Other Assets: The Obalski project (100%-owned) and a suite of properties under option from SOQUEM (Radar, David, Dufault). - Strategy: Utilizing AI modeling (Windfall Geotek) and modern geophysics to test historical targets at depth and along strike.