Northwire Canada EditionFriday, November 6, 2026
Northwire
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Gold 4,069.40 −1.1% Silver 52.25 −0.2% Copper 6.27 −0.0% Oil 91.02 +0.6% Palladium 1,018.50 −2.5% GHL 0.060 +0.0% REVX 1.11 +0.0% AMX 3.53 +0.0% TSG 0.225 +0.0% EVI 0.380 +0.0% AGA 0.445 +0.0% BNKR 2.64 +0.0% SURG 0.410 +0.0% AEMC 0.040 +0.0% LUXR 0.110 +0.0% RGC 0.410 +0.0% TOM 0.100 +0.0% RRI 0.345 +0.0% PER 0.090 +0.0% SGQ 0.300 +0.0% DMX 0.345 +0.0% Gold 4,069.40 −1.1% Silver 52.25 −0.2% Copper 6.27 −0.0% Oil 91.02 +0.6% Palladium 1,018.50 −2.5% GHL 0.060 +0.0% REVX 1.11 +0.0% AMX 3.53 +0.0% TSG 0.225 +0.0% EVI 0.380 +0.0% AGA 0.445 +0.0% BNKR 2.64 +0.0% SURG 0.410 +0.0% AEMC 0.040 +0.0% LUXR 0.110 +0.0% RGC 0.410 +0.0% TOM 0.100 +0.0% RRI 0.345 +0.0% PER 0.090 +0.0% SGQ 0.300 +0.0% DMX 0.345 +0.0%
Drill Results Routine +

TomaGold Commences Audio-Frequency Magnetotelluric (AMT) Survey at its Berrigan Mine Project

TomaGold advances deep exploration at Berrigan with an AMT survey as phase two assay results approach.

Executive Summary
  • TomaGold has commenced a 7.5 line-kilometre audio-frequency magnetotelluric (AMT) survey at its Berrigan Mine project in Quebec.
  • The survey aims to map subsurface resistivity contrasts up to ~2 km depth to identify new conductive corridors, potential extensions of known mineralization, and concealed massive sulphide targets.
  • This follows the completion of a Phase 2 extension drilling program (5 holes) where mineralization was consistently observed in core, though assay results remain pending.
  • The company provided an update on Carbon2Green Developments Inc. (35% interest), which is securing peatland mining rights in Quebec for potential carbon credit monetization.
  • Historical resource context notes a 2001 estimate of 1.39 Mt grading 3.17% Zn and 1.77 g/t Au, which is not NI 43-101 compliant and is not treated as a current resource.
  • Technical content is reviewed by Qualified Persons Jean Lafleur, P.Geo. and Suzie Tremblay, P.Geo.
Material Impact
  • The AMT survey is a standard, expected step in the company's systematic exploration strategy following the Berrigan Deep discovery and Phase 2 drilling completion.
  • It does not contain new assay data or financial results; it is purely a forward-looking exploration activity designed to optimize future drill targeting.
  • The news is incremental and aligns with previously announced exploration plans. It reinforces management's focus on depth extensions but does not immediately alter the project's valuation or near-term cash flow profile.
  • The Carbon2Green update is a minor, long-term diversification effort with no immediate financial impact on the core mining operations.
  • Overall, the release is routine exploration progress. It maintains the narrative but lacks the catalyst required to drive a material price re-rating without pending assay results or successful capital raising.
LOT · Price
Company Overview
  • TomaGold Corp. is a Canadian junior mining company focused on the acquisition, exploration, and development of precious and base metal projects, primarily in Quebec and Ontario.
  • Flagship Project: Berrigan Mine (Option to 100% from Chibougamau Independent Mines). The project sits in the prolific Chibougamau mining camp and recently revealed the "Berrigan Deep" semi-massive sulphide zone, intersecting wide intervals of zinc, gold, and silver.
  • Other Core Assets: Obalski (100%, historical Au-Cu producer), Radar, Dufault, and Doda Lake. The company has consolidated a large land package through option agreements with CIM, Globex, and SOQUEM.
  • Management: David Grondin (President & CEO), Jean Lafleur (VP Exploration), Martin Nicoletti (CFO). Board includes Michel E. Labrousse, Jean-Sébastien Jacquetin, and Caitlin Jeffs.
Read the original news release →

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