TomaGold Corporation (TSXV:LOT) and Quinto Real Capital Corporation (TSXV:QIT) launched a 2,500 metre drilling program on the Monster Lake gold property in Chibougamau, Quebec.
As quoted in the press release:
The main goal of the program is to test the extension of the 325 Zone at a depth of 125 to 300 metres. A 45-kg metallurgical sample taken previously from the 325 Zone returned an average head grade of 4.8 g/t from metallurgical testing.
TomaGold Corporation President and CEO, David Grondin said:
The metallurgical test results and previous drilling on the 325 Zone, one of five main zones identified along the four-kilometre gold-bearing corridor on the Monster Lake property, were very positive and show interesting gold potential. We therefore feel we should continue testing this zone at depth, and then do metallurgical testing on a composite drill core sample to determine the average gold grade at depth.
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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