TomaGold (TSXV:LOT) announced plans to carry out bulk sampling at its Monster Lake property near Chibougamau, Quebec. The company aims to determine a more representative grade for the Monster Lake gold resource.
TomaGold (TSXV:LOT) announced plans to carry out bulk sampling at its Monster Lake property near Chibougamau, Quebec. The company aims to determine a more representative grade for the Monster Lake gold resource.
As quoted in the press release:
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David Grondin, President and CEO of TomaGold commented:
This bulk sample is the next logical step for Monster Lake as it will allow us to better evaluate the structure’s gold content and confirm the grades and metal recoveries, as well as establish the economic viability of this portion of the deposit for potential mining. The Megane-325 zone was chosen over the Annie zone because it has no overburden. The bulk sample will require various permits, as well as agreements with contractors for the mining and milling portion. The Company will update shareholders as the project advances.
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Click here to read the full press release.Â
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