Junior exploration company TomaGold has acquired a 39.5% stake in Goldcorp’s Sidace Lake property.
“This is a great transaction for TomaGold, as we are acquiring an interest in a gold mineralised system with tremendous potential. The property has Nation Instrument (NI) 43-101 indicated and inferred resources of over 360 000 oz of gold, which could be increased by additional exploration work. Other strong qualities include four additional promising exploration targets and the current resource remains open along strike and at depth,” TomaGold president and CEO David Grondin stated.
