TomaGold Announces Start of IAMGOLD Drill Program at Monster Lake

TomaGold (TSXV:LOT) reported that IAMGOLD (TSX:IMG) will recommence drill activities at the Monster Lake property in Quebec. The program is expected to be completed in mid April.

As quoted in the press release:

An initial 5,000-metre drilling program is aimed at establishing the lateral and vertical continuity of the main shear structure hosting the 325-Mégane zone along the southeast flank of a known major fold in the area. Holes postponed in the fall of 2014 due to unfavourable ground conditions on the northwestern flank of the fold will also be drilled during the program.

TomaGold president and CEO, David Grondin, said:

After the positive results obtained last fall, we are very pleased to see that IAMGOLD is resuming work, particularly as this program will also cover priority zones that were difficult to access in the fall.

Click here to read the TomaGold (TSXV:LOT) press release

About TomaGold

“TomaGold Corporation is a Canadian-based mining exploration company whose primary mission is the acquisition, exploration and development of gold projects in Canada and abroad. In November 2013, the Company signed an agreement for IAMGOLD to acquire a 50% interest in each of the Monster Lake, Winchester and Lac-à-L’eau-Jaune properties in exchange for a total of $16 million dollars of exploration work and a cash payment of $1,575,000 over five years and a half.”