MONTREAL, May 17, 2018 /CNW Telbec/ - TOMAGOLD
CORPORATION (TSXV: LOT) ("TomaGold" or the "Corporation")
is pleased to announce that it has filed a National Instrument
43-101 ("NI 43-101") Technical Report prepared for TomaGold and its
joint-venture partner IAMGOLD Corporation on the initial mineral
resource estimate for the Monster Lake Project in Québec,
Canada, reported in the news
release dated March 28, 2018.
The NI 43-101 Technical Report was prepared by Charlotte
Athurion, P.Geo., and Karine
Brousseau, P.Eng., both of InnovExplo, under the supervision
of Alain Carrier P.Geo., of
InnovExplo. All are considered "Qualified Persons" as defined by NI
43-101. The NI 43-101 Technical Report may be found on TomaGold's
website at www.TomaGold.com or under TomaGold's profile at
www.sedar.com.
About TomaGold Corporation
TomaGold Corporation is a
Canadian mineral exploration company engaged in the acquisition,
assessment, exploration and development of gold mineral properties.
To optimize its chances of discovery and minimize its exploration
risk, TomaGold aims to develop high-grade gold properties with
major mining companies. It currently has joint venture agreements
with IAMGOLD Corporation for the Monster Lake project, with
Goldcorp Inc. for the Sidace Lake property, and with Goldcorp Inc.
and New Gold Inc. for the Baird property. TomaGold has interests in
six gold properties in northern Quebec: Monster Lake, Winchester,
Lac-à-l'Eau-Jaune, Monster Lake East, Obalski and Lac Cavan near
the Chibougamau mining camp. It
also holds a 39.5% interest in the Sidace Lake property and a 24.5%
in the Baird property near the Red
Lake mining camp in Ontario. Finally, it has an option to acquire
a 70% interest in the Hazeur property, at the southern edge of the
Monster Lake group of properties.
The Corporation is also engaged in gold brokerage activities in
South America through its
subsidiary, TomaSouth Corporation.
www.tomagoldcorp.com
Neither the TSX Venture Exchange nor its regulation services
provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release. The statements in this news release
that are not historical facts are "forward-looking statements".
Readers are cautioned that any such statements are not guarantees
of future performance, and that actual developments or results may
vary materially from those described in such "forward-looking"
statements.
SOURCE Corporation TomaGold