Resumption of Drilling on Berrigan Zinc-Gold-Silver Property

ROUYN-NORANDA, Québec, March 31, 2026 (GLOBE NEWSWIRE) -- Chibougamau Independent Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart, Berlin and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US), herein called Chibougamau, is pleased to report to shareholders that TomaGold Corporation (LOT-TSXV, TOGOF-OTCPK) has started a drill program to extend 5 recent drill holes in order to intersect a newly recently discovered zinc/gold/silver zone intersected beneath the previously known Berrigan mineralized zone.

Drilling activities have recommenced on the Berrigan zinc-gold-silver property, located in the mining-rich area of Quebec, Canada. This project is currently under an option agreement with Chibougamau Independent Mines. The resumption of drilling marks a significant step towards exploring the mineral potential that the Berrigan property holds, aimed at advancing the development of resources in this promising region.

The Berrigan property, given its strategic location and geological characteristics, has generated considerable interest from industry stakeholders. The drilling campaign is expected to focus on expanding the known mineralized zones, which have shown strong indications of containing valuable zinc, gold, and silver deposits. This initiative not only enhances the prospecting efforts but also aligns with the growing demand for these metals in various industrial applications.

Chibougamau Independent Mines, having secured the option for this property, is leveraging its expertise and capabilities to ensure that exploration activities are conducted efficiently and effectively. The company believes that previous assessments and studies conducted on the property provide a solid foundation for current drilling efforts, potentially leading to significant discoveries.

This renewed drilling activity is seen as beneficial for both the company and the local economy. As exploration progresses, there are prospects for job creation and infrastructure development in the surrounding communities, which can contribute to overall regional growth. Additionally, successful exploration results can enhance investor confidence, attracting further investment into the mining sector.

The Drilling service and associated technology used in this exploration endeavor are set to employ advanced methodologies that improve accuracy and efficiency, thus maximizing the potential for discovering economically viable quantities of the targeted metals.