TomaGold intersects 1.83 g/t Au over 52.3 m, including 125 g/t Au over 0.5 m at a depth of 350 m at Obalski

TomaGold Corporation (TSXV: LOT) (OTCQB: TOGOF) (" TomaGold " or the " Corporation ") is pleased to report the last results of its 11,500-metre drilling program on its wholly-owned Obalski property in Chibougamau, Quebec. In this latest phase, the Corporation drilled five holes for a total of 2,409 m.

Table 1: Best drilling results

Hole	Zone	Section	From (m)	To (m)	Length (m)*	Au (g/t)	Ag (g/t)	Cu (%)	Depth (m)
OBS-22-016	A-Po	300+00 E	258.35	283.50	25.15	0.31	0.58	0.06	200
OBS-22-017	C	300+00 E	193.20	194.00	0.80	3.83	8.30	0.42	165
	A-Po		297.95	314.90	16.95	0.33	0.09	0.03	260
	A-Po		343.90	353.25	9.35	6.07	3.29	0.08	295
Including			349.90	350.80	0.90	60.60	31.80	0.60
OBS-22-018	C	300+00 E	306.85	310.45	3.60	0.43	0.63	0.02	285
OBS-22-019	A-Po	175+00 E	374.70	427.00	52.30	1.83	0.73	0.04	350
Including			423.80	424.30	0.50	125.00	45.80	3.30

* True width is estimated at 65-70% of core length.

"This program was a true success as it allowed us to expand the mineralization at depth on Obalski with significant gold intersections, further demonstrating the mineral potential of our property," said David Grondin, President and CEO of TomaGold. "The upcoming program slated for June will be even more exciting as we will continue to test the extensions of the mineralization, in addition to drilling anomalies detected to the west of the property following the results of the induced polarization survey."

Table 2: Results of the 2021-22 drilling program on Obalski

Hole	Zone	Section	Length (m)*	Au (g/t)	Ag (g/t)	Cu (%)	Depth (m)
OBS-21-001	C	450+00 E	0.65	12.45	17.70	0.53	93
	A-Po		0.55	1.93	1.80	-	234
OBS-21-002	C	450+00 E	1.10	1.38	1.39	-	100
	A		0.50	67.10	40.10	2.32	205
	D		0.90	2.59	3.10	-	236
	A-Po		1.10	47.40	87.60	7.06	298
OBS-21-003	A-Po	450+00 E	11.95	0.51	1.84	0.12	276
Including			1.30	1.58	4.80	0.19
Including			1.10	1.20	4.20	0.53
	A-Po		0.50	6.35	1.90	-	376
	A-Po		7.10	0.26	2.13	-	419
OBS-21-004	A-Po	-	-	-	-	-	-
OBS-21-005	A-Po	120+00 E	4.05	3.01	3.35	-	200
OBS-21-005A	A-Po	120+00 E	49.25	0.21	0.19	0.04	374
OBS-21-006	A-Po	120+00 E	1.90	0.24	0.68	-	250
OBS-21-007	A-Po	120+00 E	20.75	0.43	0.29	-	385
OBS-21-008	A-Po	150+00 E	12.55	0.85	1.40	0.11	185
Including	A-Po		2.10	3.40	4.73	0.65
OBS-21-009	A-Po	150+00 E	28.50	1.41	0.81	-	200
*Including*	A-Po		1.50	6.84	1.50	-
*Including*	A-Po		4.50	4.03	2.87	-
OBS-21-010	A-Po	150+00 E	45.95	0.32	0.35	-	425
OBS-21-010A	A-Po	150+00 E	54.80	0.33	0.20	-	425
Including	A-Po		3.50	1.44	0.80	-
OBS-21-011	A-Po	200+00 E	0.50	1.60	2.60	-	210
OBS-21-012	A-Po	200+00 E	27.50	0.39	0.83	-	300
OBS-21-013	A-Po	200+00 E	1.40	0.76	2.10	0.14	450
OBS-21-014	A-Po	250+00 E	8.90	0.62	0.12	-	210
OBS-21-014A	A-Po	250+00 E	7.70	0.89	0.32	-	230
OBS-21-015	A-Po	250+00 E	3.20	23.78	16.55	1.00	330
*Including*	A-Po		0.45	167.50	112.00	6.08
OBS-21-015A	A-Po	250+00 E	10.50	5.06	3.27	-	360
*Including*	A-Po		0.65	71.00	31.40	-
OBS-22-016	A-Po	300+00 E	25.15	0.31	0.58	0.06	200
OBS-22-017	C	300+00 E	0.80	3.83	8.30	0.42	165
	A-Po		16.95	0.33	0.09	0.03	260
	A-Po		9.35	6.07	3.29	0.08	295
*Including*			0.90	60.60	31.80	0.60
OBS-22-018	C	300+00 E	3.60	0.43	0.63	0.02	285
OBS-22-019	A-Po	175+00 E	52.30	1.83	0.73	0.04	350
*Including*			0.50	125.00	45.80	3.30

* True width is estimated at 65-70% of core length.

Sample preparation and analysis
TomaGold has implemented and is adhering to a strict Quality Assurance/Quality Control program for the current drilling program. The core is sawed in half, with one half kept as a witness sample in Chibougamau and the other half shipped directly by bus to ALS Chemex in Val-d'Or, Quebec. ALS grinds the half core to 1/8", split it into two halves and keeps one half as a witness (reject) in Val-d'Or. ALS pulverizes the other half to minus 150 mesh, takes a 50 g sample for analysis and keeps the rest, identified as "pulp".

The technical content of this press release has been reviewed and approved by André Jean, P.Eng., the Corporation's Director of Exploration and a qualified person under National Instrument 43-101.

About the Obalski property
The Obalski property covers 345 hectares about 2 km south of Chibougamau, Quebec. Discovered in 1928, the Obalski deposit produced 100,273 tonnes at grades of 1.14% Cu, 2.08 g/t Au and 6.04 g/t Ag from the A zone between 1964 to 1972, and around 9,000 tonnes at a reported grade of 8.5 g/t Au from the D zone in 1984 (Source: SIGEOM and Camchib Exploration internal reports).

About TomaGold
TomaGold Corporation (TSXV: LOT) is a Canadian mineral exploration corporation engaged in the acquisition, assessment, exploration and development of gold mineral properties. TomaGold has interests in five gold properties near the Chibougamau mining camp in northern Quebec: Obalski, Monster Lake East, Monster Lake West, Hazeur and Lac Doda. It also participates in a joint venture with Evolution Mining Ltd. and New Gold Inc., through which it holds a 24.5% interest in the Baird property, near the Red Lake mining camp in Ontario.

Contact:
David Grondin
President and Chief Executive Officer
(514) 583-3490
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. Some of the statements contained in this press release are forward-looking statements within the meaning of applicable securities laws. Forward-looking statements can be identified by the use of words such as "expects", "intends", "is expected", "potential", "suggests" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "might" or "will" be taken, occur or be achieved. Forward-looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Corporation's control. Readers are cautioned that such statements are not guarantees of future performance and that actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this press release. Accordingly, readers should not place undue reliance on forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.

News Provided by GlobeNewswire via QuoteMedia

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We Seek Safe Harbour.	CUSIP Number 167101 203 LEI 529900GYUP9EBEF7U709
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir. President & CEO Chibougamau Independent Mines Inc. 86, 14 ^th Street Rouyn-Noranda, Quebec Canada J9X 2J1	Tel.: 819.797.5242 Fax: 819.797.1470 info@chibougamaumines.com www.chibougamaumines.com

Post - Consolidation
Capitalization:	Unlimited	shares with no par value of which
	113,302,703	shares are issued and outstanding
Escrow	11,277,447	shares are subject to escrow

Common Shares
Trading Symbol:	CMC	( UNCHANGED )
CUSIP Number:	17178G302	(NEW)

Trading Symbol:	CMC.WT	( UNCHANGED )
CUSIP Number:	17178G112	( UNCHANGED )

Post - Consolidation
Capitalization:	Unlimited	shares with no par value of which
	80,691,491	shares are issued and outstanding
Escrow:	N/A	shares

Transfer Agent:	Odyssey Trust Company
Trading Symbol:	FTZ	(new)
CUSIP Number:	33827E101	(new)

Corporate Jurisdiction:	British Columbia

Capitalization:	unlimited common shares with no par value of which 76,786,813 common shares are issued and outstanding.
Escrowed Securities:	17,429,427 common shares are subject to escrow.

Transfer Agent:	Endeavor Trust Corporation
Trading Symbol:	ZAU
CUSIP Number:	98980T104
Sponsoring Member:	None

Finder's Warrants:	91,000 common share purchase warrants to purchase one common share at $0.18 up to 12 months from issuance.

Company Contact:	David Kol
Company Address:	Suite 3606, 833 Seymour Street, Vancouver, BC V6B0G4
Company Phone Number:	702-296-1156
Company Fax Number:	Not Applicable
Company Email Address:	info@zodiac-gold.com

Non-Arm's Length Party / Pro Group Participation:

Creditors	# of Creditors	Amount Owing	Deemed Price per Share	Aggregate # of Shares

Aggregate Non-Arm's Length Party Involvement:	2	$272,000	$0.01	27,200,000
Aggregate Pro Group Involvement:	N/A	N/A	N/A	N/A

Number of Securities:	10,200,000 flow-through common shares

Purchase Price:	$0.10 per common share

Number of Placees:	7 Placees

Insider / Pro Group Participation:

Placees	# of Placees	Aggregate # of Shares
Aggregate Existing Insider Involvement	3	350,000 Shares
Aggregate Pro Group Involvement	Nil	Nil

	Aggregate Cash Amount	Aggregate # of Shares	Aggregate # of Warrants
Finder's Fee:	$51,000	Nil Share	Nil Warrant

Nombre d'actions:	10 200 000 d'actions ordinaires accréditives

Prix :	0,10 $ par action ordinaire

Nombre de souscripteurs:	7 souscripteurs

Participation initié / Groupe Pro :

Souscripteurs	# de souscripteurs	# total d'actions
Total des initiés existants :	3	150 000 actions
Total du groupe pro	Aucun	Aucune

	Montant total en espèces	# total d'actions	# total de bons de souscription
Honoraires d'intermédiation :	51 000 $	Aucune action	Aucun bon

Private Placement:

# of Warrants:	5,774,279 (outstanding)
Original Expiry Date of Warrants:	January 31, 2024
New Expiry Date of Warrants:	June 30, 2024
Exercise Price of Warrants:	$0.85 (unchanged)

Number of Shares:	3,635,757 shares

Purchase Price:	$0.40 per share

Warrants:	3,635,757 share purchase warrants to purchase 3,635,757 shares

Warrant Exercise Price:	$0.65 for a 18-month period

Number of Placees:	27 placees


Placees	# of Placee (s)	Aggregate # of Shares

Aggregate Existing Insider Involvement:	1	150,000
Aggregate Pro Group Involvement:	N/A	N/A

	Aggregate Cash Amount	Aggregate # of Shares	Aggregate # of Warrants
Finder's Fee:	N/A	73,000	N/A

Number of Shares:	1,800,000 common shares

Purchase Price:	$0.10 per share

Warrants:	1,800,000 share purchase warrants to purchase 1,800,000 shares

Warrant Exercise Price:	$0.35 for a 24-month period

Number of Placees:	1 placee

Number of Shares:	2,520,000 common shares and 15,420,455 flow-through shares

Purchase Price:	$0.05 per common share and $0.055 per flow-through share

Warrants:	1,260,000 common share purchase warrants to purchase 1,260,000 common shares

Warrant Exercise Price:	$0.075 per common share for a period of 24 months

Number of Placees:	9 placees

	Aggregate Cash Amount ($)	Aggregate # of Shares	Aggregate # of Warrants
Finder's Fee:	$56,000	N/A	1,018,181 finder's warrants

Nombre d'actions:	2 520 000 actions ordinaires et 15 420 455 actions accréditives

Prix :	0,05 $ par action ordinaire et 0,055 $ par action accréditive

Bons de souscription :	1 260 000 bons de souscription permettant de souscrire à 1 260 000 actions ordinaires

Prix d'exercice des bons :	0,075 $ par action ordinaires pour une période de 24 mois

Nombre de souscripteurs:	9 souscripteurs

	Montant total en espéces ($)	# total d'actions	# total de bons de souscription
Honoraire d'intermédiation:	56 000 $	S/O	1 018 181 bons d'intermédiation

TomaGold intersects 1.83 g/t Au over 52.3 m, including 125 g/t Au over 0.5 m at a depth of 350 m at Obalski

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