Northwire Canada EditionFriday, July 10, 2026
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Drill Results Routine +

Drilling Resumes on Berrigan Zinc, Gold, Silver Property under Option from Chibougamau Independent Mines

TomaGold doubles down on Berrigan Deep as Phase 1 intercepts confirm high-grade zinc-gold system

By The Northwire Desk — AI Analysis Mar 31, 2026 · 13:20 LOT · 0.065 TomaGold Corporation
Executive Summary

The most recent news (March 31, 2026) confirms the commencement of a Phase 2, 1,500-meter diamond drilling program at the Berrigan Mine project. This program specifically targets the "Berrigan Deep" zone, a new discovery made during Phase 1. The company released final Phase 1 results, headlined by hole TOM-25-015, which returned a massive intercept of 98.50m grading 5.08% ZnEq (including a high-grade core of 4.90m at 23.20% ZnEq). The Phase 2 program involves extending five existing holes (TOM-25-009 to 013) that were previously stopped short of modeled conductive plates identified by borehole electromagnetic (BHEM) surveys.

Material Impact

The news is categorized as Routine - Positive. While the drill results from Phase 1 (originally teased in January 2026) are objectively "Material - Positive" due to the width and grade of the Berrigan Deep discovery, the March 31 announcement is the operational execution of the plan signaled on March 3, 2026. - Technical Validation: The BHEM surveys have successfully modeled conductive plates that correlate with high-grade mineralization. Extending holes that "stopped short" is a high-probability exploration tactic. - Scale Potential: The discovery of a parallel zone (Berrigan Deep) beneath the known historic mineralization significantly increases the volumetric potential of the project. - Operational Continuity: The company is moving quickly from Phase 1 results to Phase 2 drilling, suggesting adequate logistical preparation and confidence in the geological model.

LOT · Price
Company Overview

TomaGold is a Canadian mineral exploration company focused on the Chibougamau mining camp in Quebec. - Flagship Project: The Berrigan Mine (under option from Chibougamau Independent Mines). It is a zinc-gold-silver-copper project. - Recent Discovery: The "Berrigan Deep" zone, located beneath the historic mineralized horizon, characterized by semi-massive to massive sulfides. - Other Assets: A large portfolio of properties (Obalski, David, Radar, etc.) acquired/optioned from SOQUEM and Globex.

Read the original news release →

More from TomaGold Corporation

Jun 30, 2026 · 07:30

TomaGold Continues to Expand Berrigan Mine at Depth with a New Major 204.25 m Intersection in the Berrigan Deep Zone

Drill Results Jun 23, 2026 · 07:30

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

Drill Results May 29, 2026 · 07:30

Berrigan Deep Discovery Confirmed, Phase 2 Drilling Underway Amidst Financing Dilution

Drill Results May 28, 2026 · 07:30

TomaGold Consolidates Chibougamau Camp While Assay Results Await to Validate Deep Zone Potential

Drill Results Apr 15, 2026 · 07:15

TomaGold Raises Capital to Fund Berrigan Deep Discovery Momentum Amidst Dilution Concerns

Financings Apr 01, 2026 · 10:52

Drilling Resumes on Globex's Berrigan Zinc, Gold, Silver Royalty Property NW of Chibougamau, Quebec

Drill Results