Initial Drill Holes Returned Zn, Ag and Au Over Wide Widths on Chibougamau Independent Claims Optioned to TomaGold

Chibougamau Independent Mines Inc. announced promising drilling results from TomaGold Corporation on December 22, 2025, revealing significant intersections of zinc, silver, and gold mineralization in their Berrigan claims located in the Chibougamau mining camp. The drilling, part of an exploration endeavor originally optioned to TomaGold, highlights two main drill holes—TOM-25-009 and TOM-25-010—with notable grades and widths.

In Hole TOM-25-009, the first significant intersection occurred at a depth of 156.70 meters, yielding an impressive 6.68% ZnEq (1.57 g/t AuEq) over 48.05 meters, which includes exceptionally high grades of 39.03% ZnEq (9.15 g/t AuEq) over 2.90 meters. Another section of the same hole, from 244.50 meters, reported 5.44% ZnEq (1.27 g/t AuEq) over 15.20 meters. Hole TOM-25-010 also demonstrated solid results, returning 2.67% ZnEq (0.62 g/t AuEq) over 48.30 meters, including a segment of 12.87% ZnEq (3.00 g/t AuEq) over 6.25 meters.

The results indicate that the reported widths represent core lengths, with true widths estimated to be approximately 80–85% of the core length, subject to the drill angle. Furthermore, five additional drill holes are currently undergoing assays, indicative of ongoing exploration efforts. A Borehole EM Survey is also in progress to identify potential new targets related to the recently disclosed assays.

These developments reflect positively on Chibougamau's strategic collaboration with TomaGold, amplifying interest in their respective stock performances and the region's mining potential. Shareholders are encouraged to follow updates for further details.

Chibougamau Independent Mines Inc. (CBG-TSX-V) has recently reported promising drill results from TomaGold Corporation on their Berrigan claims, showcasing significant mineralization of zinc, silver, and gold. The high-grade intersections, particularly from hole TOM-25-009, which includes 6.68% zinc equivalent (ZnEq) over 48.05 meters, point to a notably mineralized area with potential for further exploration and development.

From a market perspective, the drill results could significantly influence shareholder sentiment and trading volumes for Chibougamau and its partner, TomaGold. Investors should consider the potential implications of these findings, which bolster the exploration upside in a region historically known for mineral wealth. The presence of valuable metals such as zinc, silver, and gold suggests strong economic viability, especially given the increasing demand for these commodities in various industries.

Further, with five additional holes being analyzed and a Borehole Electromagnetic Survey underway, Chibougamau appears well-positioned for continued exploration success. The early positive results, along with the strategic execution of follow-up assessments, suggest that the company may uncover further substantial mineral resources, thereby enhancing its long-term value proposition.

Investors are advised to monitor developments closely, as additional assay results and the outcomes of the ongoing survey could lead to upward adjustments in resource estimates and market valuation. The shares of Chibougamau may experience increased volatility in response to ongoing exploration updates.

However, it is also essential to remain aware of inherent risks in exploration, including fluctuations in commodity prices, regulatory factors, and operational uncertainties. Diversification and thorough due diligence are recommended for investors engaging with the mining sector. The promising drill results signal a potential growth trajectory for Chibougamau, yet prudent investing should always account for the inherent risks of exploration-stage companies.