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TomaGold (TSXV:LOT) has launched its campaign on the Investing News Network
TomaGold (TSXV:LOT) combines an excellent asset profile with impressive strategic partnerships and trading volume showcasing five gold projects under development near the Chibougamau mining camp in Northern Quebec: Obalski, Monster Lake East, Monster Lake West, Hazeur and Lac Doda. These assets leverage great infrastructure and resource networks within Northern Quebec’s safe mining-friendly jurisdictions.
TomaGold is very well positioned for growth and project advancement as a junior mining company. It currently has over C$8 million in liquidity and cash for intended project funding and operates with a tight and deeply connected shareholder structure.
TomaGold’s Company Highlights
- TomaGold is a Canadian company focused on acquiring, exploring and developing highly prospective gold mineral properties. The company currently has interests in five gold properties close to the resource-rich Chibougamau mining camp in Northern Camp.
- The company’s valuable project profile includes Lac Doda, Monster Lake East, Monster Lake West and Hazeur, as well as its flagship Obalski project.
- TomaGold also has a joint venture and 24.5 percent ownership in the Baird property with Evolution Mining and New Gold. The property is located in the prolific Red Lake gold belt 14 kilometers southwest of the Goldcorp Red Lake mine.
- The company is well-funded, with over C$8 million in cash and short-term investments. Funds are intended for project advancement and development.
- TomaGold has strong management and stakeholder foundations. The company has a tight-knit shareholder portfolio with significant shareholders, including family offices, family members and the mining heavyweight IAMGOLD.