Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,051.70 −1.5% Silver 51.59 −2.1% Copper 6.26 −1.3% Oil 85.77 −1.2% Palladium 1,022.25 +0.1% FUSE 0.020 −20.0% COPR 0.400 +6.7% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.05 +2.9% LVX 0.270 −20.6% RAMP 0.270 +0.0% QTWO 1.72 +6.8% SUM 1.28 −3.0% SGML 7.61 −8.9% BOGO 0.750 −5.1% SGC 0.095 +0.0% MANU 0.172 +15.0% GMA 0.200 +0.0% ONAU 0.475 +0.0% TGOL 0.130 +0.0% Gold 4,051.70 −1.5% Silver 51.59 −2.1% Copper 6.26 −1.3% Oil 85.77 −1.2% Palladium 1,022.25 +0.1% FUSE 0.020 −20.0% COPR 0.400 +6.7% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.05 +2.9% LVX 0.270 −20.6% RAMP 0.270 +0.0% QTWO 1.72 +6.8% SUM 1.28 −3.0% SGML 7.61 −8.9% BOGO 0.750 −5.1% SGC 0.095 +0.0% MANU 0.172 +15.0% GMA 0.200 +0.0% ONAU 0.475 +0.0% TGOL 0.130 +0.0%
Drill Results

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

Sep 29, 2026 · 07:30

TomaGold’s Berrigan Deep project reached 900 metres depth, though new drill holes have trailed the initial discovery anchor.

Drill Results Aug 12, 2026 · 07:30

TomaGold’s progress report highlights pending datasets and ongoing exploration activities without disclosing new assay results or specific project metrics.

Drill Results 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