Northwire Canada EditionMonday, July 20, 2026
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KNOX 0.270 +0.0% TRO 0.135 −3.6% PX 0.115 −8.0% SDR 0.145 +45.0% SWA 0.035 +0.0% FNV 281.45 +0.1% GGA 4.42 −25.7% NICU 2.25 +1.4% KAPA 0.155 +3.3% HDRO 1.02 −2.9% LEAP 0.075 +15.4% TRCG 0.160 +3.2% TAJ 0.180 −2.7% NCAU 0.290 −4.9% APX 0.045 −10.0% RARE 9.00 −1.1% KNOX 0.270 +0.0% TRO 0.135 −3.6% PX 0.115 −8.0% SDR 0.145 +45.0% SWA 0.035 +0.0% FNV 281.45 +0.1% GGA 4.42 −25.7% NICU 2.25 +1.4% KAPA 0.155 +3.3% HDRO 1.02 −2.9% LEAP 0.075 +15.4% TRCG 0.160 +3.2% TAJ 0.180 −2.7% NCAU 0.290 −4.9% APX 0.045 −10.0% RARE 9.00 −1.1%
Drill Results Material +

TomaGold Initiates Major Phase 2 Program at Berrigan Mine to Test Berrigan Deep Potential Through Extension Drilling and 4 km by 2 km Deep Geophysical Survey

TomaGold Unlocks Deep Polymetallic Potential at Berrigan as Phase 2 Drilling Targets Massive Conductive Plates

By The Northwire Desk — AI Analysis Mar 03, 2026 · 07:00 LOT · 0.075 TomaGold Corporation
Executive Summary

The most recent news (March 3, 2026) announces the initiation of a Phase 2 exploration program at the Berrigan Mine project. This follows the significant "Berrigan Deep" discovery in hole TOM-25-015, which returned 5.75% ZnEq (1.34 g/t AuEq) over 98.5 meters. The Phase 2 program includes extending five existing holes (TOM-25-009 to 013) that were prematurely terminated before reaching modeled conductive plates, and drilling three new holes to test the massive BER-14C plate. Additionally, a large-scale 4 km by 2 km deep geophysical survey is being launched to identify analogous deep targets up to 2 km depth.

Material Impact

The impact is Material - Positive. - Discovery Validation: The transition from Phase 1 to Phase 2 confirms that the "Berrigan Deep" zone is not an isolated hit but a structural target with significant scale. - Efficiency: Extending existing holes is a cost-effective way to test deeper targets compared to starting new holes from the surface. - Scale Potential: The geophysical survey targeting depths of 2 km suggests management believes they are sitting on a large-scale hydrothermal system, moving beyond the historical shallow resource. - Grade Consistency: Reporting 16.12% ZnEq over 2.0m in hole 011 (even though it "stopped short") indicates high-grade "smoke" that justifies the deeper search.

LOT · Price
Company Overview

TomaGold is a Canadian explorer focused on the Chibougamau Mining Camp in Quebec. Its flagship is the Berrigan Mine project, part of a larger portfolio optioned from Chibougamau Independent Mines (CIM), Globex, and SOQUEM. Berrigan is a polymetallic (Zn-Au-Ag-Cu) deposit. Recent drilling has identified "Berrigan Deep," a new semi-massive sulfide zone located beneath the historical resource.

Read the original news release →

More from TomaGold Corporation

Jul 16, 2026 · 07:30

TomaGold confirms lateral continuity at Berrigan Deep, though grade-thickness remains a fraction of earlier high-grade intercepts.

Drill Results 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