Core Viewpoint - Chibougamau Independent Mines Inc. is updating shareholders on the recent drilling results from TomaGold Corporation on the Berrigan property, indicating significant mineralization and the discovery of a new semi-massive sulfide zone [1][3]. Summary by Sections Company Update - Chibougamau Independent Mines Inc. is pleased to inform shareholders about the drilling results reported by TomaGold Corporation on the Berrigan property, which is under option from Chibougamau [1]. Drilling Results - TomaGold has published assay results for drill holes TOM-25-015 and TOM-25-014, with TOM-25-015 showing a grade of 5.75% ZnEq (1.34 g/t AuEq) over 98.5 meters, indicating a new semi-massive sulfide zone that extends at depth [2][3][5]. - Drill hole TOM-25-014 reported a grade of 28.69% ZnEq (6.73 g/t AuEq) over 2.10 meters, highlighting significant mineralization [6]. Detailed Assay Breakdown - The assay results for TOM-25-014 include multiple intervals with high ZnEq and AuEq values, such as: - 28.69% ZnEq over 2.10 m - 41.79% ZnEq over 1.40 m - 23.29% ZnEq over 1.15 m - For TOM-25-015, significant intervals include: - 5.75% ZnEq over 98.5 m, with notable inclusions of 26.67% ZnEq over 4.90 m and 7.26% ZnEq over 49.35 m [4][6]. Geological Significance - The results from drill hole TOM-25-015 confirm the discovery of a new major semi-massive sulfide zone, named Berrigan Deep, which remains open at depth, suggesting the potential for a large mineralized system [6][10]. Exploration Phase - The company is currently in the initial exploration phase and does not have metallurgical data or comparative studies due to the geological complexity of the ultramafic host rock [8].
Deep Semi Massive Sulphide Zinc, Silver and Gold Intersection at Berrigan Property
Globenewswire·2026-01-29 20:31