TomaGold Corporation (TSX VENTURE:LOT) ("TomaGold" or the "Company") and Quinto
Real Capital Corporation (TSX VENTURE:QIT) ("Quinto") are pleased to announce
the results of holes M-13-96 to M-13-101, part of the 3,500-metre drilling
program on the Monster Lake property, located 44 km southwest of Chibougamau,
Quebec. The goal of the program is to explore the 325 gold zone at depth, which
was never done by previous operators.


The best drill results reported by AGATLabs of Mississauga, Ontario, are as
follows: 




--  Hole M-13-98: 26.0 g/t Au over 5.7 m at a vertical depth of 280 m 

--  Hole M-13-99: 32.6 g/t Au over 6.0 m at a vertical depth of 170 m

--  Hole M-13-101: 48.9 g/t Au over 3.5 m at a vertical depth of 275 m



The full results for the current drilling program on the 325 zone are as follows: 



----------------------------------------------------------------------------
Hole                    From          To                 Length       Depth 
(#)                      (m)         (m)      g/t Au         (m)         (m)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Section 1250 E                                                              
----------------------------------------------------------------------------
  M-13-94             226.50      231.80        11.5        5.30         187
----------------------------------------------------------------------------
  M-13-93             244.35      250.20        33.6        5.85         217
----------------------------------------------------------------------------
  M-13-95             288.40      295.60        42.0        7.20         278
----------------------------------------------------------------------------
Section 1300 E                                                              
----------------------------------------------------------------------------
  M-13-96             212.40      215.60        1.22        3.20         160
----------------------------------------------------------------------------
  M-13-97             231.25      231.75        6.34        0.50         195
----------------------------------------------------------------------------
  M-13-98             274.60      280.30        26.0        5.70         280
----------------------------------------------------------------------------
Section 1200 E                                                              
----------------------------------------------------------------------------
  M-13-99             217.00      223.00        32.6        6.00         170
----------------------------------------------------------------------------
  M-13-100            232.80      237.00        0.60        4.20         200
----------------------------------------------------------------------------
  M-13-101            281.50      285.00        48.9        3.50         275
----------------------------------------------------------------------------



David Grondin, President and CEO of TomaGold, stated that: "The news for
TomaGold continues to be excellent. These new holes have now confirmed that the
high-grade gold zone is open along strike on three drill sections 50 metres
apart, as well as at depth. We will continue to test the zone along strike and
at depth to assess the full potential of this new discovery. It is important to
note that we are not constrained by weather conditions, and so will be able to
drill on the 325 zone year-round. Furthermore, we have once again noted the
presence of trace chalcopyrite and sphalerite and semi-massive pyrrhotite
accompanied by intense black chlorite alteration, which suggests the proximity
of a VMS-type environment, a potential indicator of gold-bearing massive
sulphide deposits." 


The "Longitudinal map" is available at the following address:
http://media3.marketwire.com/docs/Carte_longitudinale.pdf 


Holes M-13-96 to M-13-98 were drilled on Section 1300 E of the 325 zone, while
Holes M-13-99 to M-13-101 lie on Section 1200 E, on the same 290 degrees
azimuth. Holes M-13-96 to M-13-98 and M-13-99 to M-13-101 were drilled at dips
of -50 degrees, -60 degrees and -70 degrees, respectively, so as to intersect
the mineralized zone at vertical depths of 150 to 280 metres.


It should be noted that the sheared tuff unit hosting the gold-bearing quartz
vein was intersected at a 40-50 degrees angle to the core axis, meaning that the
width of the intersection is not necessarily the true width. Based on
observations on surface in recent trenching and old holes drilled by SOQUEM and
Stellar Pacific Ventures, the Company estimates the true width of the
mineralized zone at 70 to 85% of the width intersected in the drill holes.


The technical content of this press release has been reviewed and approved by
Maurice Giroux, a qualified person as defined by NI 43-101.


Sample Preparation and Analysis

The NQ-diameter core is sawed in half, with one half kept as a witness sample
and the other half shipped to the James Bay Joint Action Mining Committee in
Chibougamau to be ground and pulverized. After primary grinding, the sample is
quarter split, and one half is kept as a witness (reject) while the other half
is sent for pulverization. 


The nominal weight of the pulverized pulp is 1,000 g unless the raw sample was
less than 2 kg, in which case all of the pulp is sent to AGAT Laboratories in
Mississauga, Ontario.


AGATLabs (Mississauga, ON) takes a 50-g sample for processing by fire assay with
atomic absorption finish. When values are higher than 10 g/t Au, gravity
analysis is also done.


About the Monster Lake Project

The Monster Lake property is located in northwestern Quebec, 44 kilometres
southwest of the town of Chibougamau. It is easily accessible by road and near a
major power line. Over 30,000 metres of diamond drilling has been done since
1984 along the four-kilometre mineralized corridor. During the winter of 2012,
TomaGold drilled 16 additional holes for a total of 2,420 metres, and made a
major discovery of 237.6 grams per tonne gold over 5.7 metres in Hole M-12-60.
The mineralization is associated with dark quartz-sulphide veins within a shear
zone 3-10 metres wide in basaltic units.


About Quinto Real Capital Corporation

Quinto Real Capital Corporation is a Canadian-based mining exploration company
focused on the exploration, evaluation and development of gold mining properties
with a view to commercial production. Quinto has an option to acquire up to a
70% interest in the Monster Lake gold property, located in the Chibougamau
mining camp, in the province of Quebec.


About TomaGold Corporation 

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Quinto Real Capital Corporation
Michael Curtis
President and Chief Executive Officer
(514) 303-7895


TomaGold Corporation
David Grondin
President and Chief Executive Officer
(514) 206-7727
www.tomagold.corp

Quinto Resources (TSXV:QIT)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas Quinto Resources.
Quinto Resources (TSXV:QIT)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas Quinto Resources.