08:41 AM EST, 02/21/2025 (MT Newswires) -- TomaGold ( TOGOF ) on Friday said latest results from its 2023 drilling program on the Obalski property, located 2km south of Chibougamau, Quebec, revealed a new north-south trending polymetallic zone.

The company said the program consisted of six drill holes of 1,539.9 meters, with an objective to demonstrate the presence of a north-south trending polymetallic mineralized system initially identified by two holes drilled in 2017.

The results suggested the presence of a new north-south trending zone (020 degrees) that dips to the east between -50 degrees and -60 degrees, which will require further work to better define its potential.

"According to the technical committee's recent review of the Obalski project, there are possibly several of these north-south structures. The main recommendation is to carry out targeted geophysical surveys along its 020-degree structures, followed by additional drilling," said TomaGold VP Exploration of Jean Lafleur.