TomaGold Borehole EM Survey Confirms Berrigan Deep Zone

The news release dated February 5, 2026, details the results of a Borehole Electromagnetic (BHEM) survey at the Berrigan Mine project. The survey identified ten conductive plates, most notably Plate BER-14C, which measures 160 x 300 metres. This plate is associated with recent high-grade drill intersections, including 98.5 metres of 5.75% ZnEq in hole TOM-25-015. The geophysics provide a clear vector for mineralization, indicating that the system is open at depth and toward the northeast. This follows the January 29, 2026, announcement of the "Berrigan Deep" discovery.

This news is materially positive as it provides geophysical "proof of concept" for the wide-intercept drilling results reported in late January. For a junior explorer, high-grade drill hits can sometimes be isolated "pods"; however, the correlation between the 98.5-metre mineralized intercept and a large-scale conductive plate (BER-14C) suggests continuity and scale. - De-risking Exploration: The BHEM results allow management to target the next three holes (TOM-26-016 to 018) with higher precision, reducing the risk of "missing" the zone. - System Scale: The identification of 10 plates suggests Berrigan is not a single vein but a multi-lens mineralized system. - Market Sentiment: The stock has already moved from $0.04 in December to $0.11 in late January. This news supports the current valuation by providing a roadmap for resource expansion.

TomaGold is focused on the Chibougamau mining camp in Quebec. Its flagship is the Berrigan Mine project (under option). The project is polymetallic, hosting gold, silver, zinc, and copper. Historical estimates (non-NI 43-101) suggested approximately 1.38 million tonnes, but recent drilling at "Berrigan Deep" (98.5m @ 5.75% ZnEq) suggests the project could be significantly larger than historically understood. The company also holds the Obalski project and several properties under option from SOQUEM.