TomaGold Initiates Drilling Program at Berrigan Mine
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Should l Buy LOT?
Source: Globenewswire
- Drilling Program Launch: TomaGold Corporation has initiated a drilling program at the Berrigan Mine, planning to extend five drill holes to intersect a newly discovered zinc/gold/silver zone, which is expected to significantly enhance the resource assessment and development potential of the site.
- Historical Data Support: Previous drilling results indicated that drill hole TOM-25-015 intersected 5.08% Zn Eq (1.19 g/t Au Eq) over 98.50 meters, including 23.20% Zn Eq (5.44 g/t Au Eq) over 4.90 meters, providing a strong mineral foundation for the new drilling efforts.
- Royalty Structure: The Berrigan property is part of a larger land package optioned by TomaGold from Chibougamau Independent Mines Inc., with Globex retaining a 2% Gross Metal Royalty, ensuring future revenue potential for the company.
- Future Outlook: This 1,500-meter drilling program aims not only to test the newly discovered Berrigan Deep Zone but also has the potential to yield new resource discoveries, thereby enhancing the company's competitiveness and investment appeal in the mining sector.
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Analyst Views on LOT
About LOT
Lotus Technology Inc is a company mainly engaged in the design, development, manufacturing and sales of luxury electric vehicles. The Company is mainly engaged in providing luxury lifestyle battery electric vehicles, focusing on electrification, digitalization, intelligence and other automotive technologies. The Company designs, develops and sells luxury lifestyle cars (non-sports cars for everyday use) under the iconic British brand Lotus. The Company operates in China, the UK and the EU market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Chibougamau Independent Mines Expands Drilling Program
- Drilling Program Initiated: TomaGold Corporation has commenced the extension of five drill holes to explore a newly discovered zinc/gold/silver zone, which is expected to further confirm the mineral potential of the Berrigan property, thereby enhancing Chibougamau's resource base.
- Significant Mineralization Results: Previous drilling results indicated that hole TOM-25-015 achieved 5.08% Zn Eq over 98.50 meters, including 23.20% Zn Eq, suggesting high-quality mineralization in the area that could attract further investment.
- Project Scale Expansion: This drilling initiative is part of a 1,500-meter Phase 2 program aimed at testing the newly discovered Berrigan Deep Zone, which is anticipated to yield greater resource discoveries and future development opportunities for Chibougamau.
- Positive Market Reaction: With the increase in drilling activities, Chibougamau's market visibility is rising, potentially leading to a positive impact on its stock price, reflecting investor confidence in its future growth potential.
See More
TomaGold Initiates Drilling Program at Berrigan Mine
- Drilling Program Launch: TomaGold Corporation has initiated a drilling program at the Berrigan Mine, planning to extend five drill holes to intersect a newly discovered zinc/gold/silver zone, which is expected to significantly enhance the resource assessment and development potential of the site.
- Historical Data Support: Previous drilling results indicated that drill hole TOM-25-015 intersected 5.08% Zn Eq (1.19 g/t Au Eq) over 98.50 meters, including 23.20% Zn Eq (5.44 g/t Au Eq) over 4.90 meters, providing a strong mineral foundation for the new drilling efforts.
- Royalty Structure: The Berrigan property is part of a larger land package optioned by TomaGold from Chibougamau Independent Mines Inc., with Globex retaining a 2% Gross Metal Royalty, ensuring future revenue potential for the company.
- Future Outlook: This 1,500-meter drilling program aims not only to test the newly discovered Berrigan Deep Zone but also has the potential to yield new resource discoveries, thereby enhancing the company's competitiveness and investment appeal in the mining sector.
See More
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- Collaboration Highlights: Lotus collaborates with Italian luxury brand Larusmiani to unveil the Theory 1 concept car in a bespoke Au color, inspired by Lotus' 79 Formula 1 victories, showcasing a deep integration of the brand with luxury culture.
- Cultural Fusion: The exhibition enriches the experience through a partnership with Carpano, offering a unique beverage experience that blends Italian tradition with modern innovation, enhancing audience engagement and cultural depth.
- Design Philosophy: Lotus' D.N.A. design principles encompass digital, natural, and analogue aspects, reflecting the brand's ongoing exploration in lightweight engineering and emotional design, showcasing the limitless possibilities of future driving.
See More
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- High-End Specifications: Built on Geely's Afari Smart Driving H7 architecture, LOTUS For Me comes standard with the NVIDIA Thor flagship computing chip, enabling both highway and urban Navigation on Autopilot functionalities, showcasing Lotus's leadership in smart driving technology and likely increasing consumer trust and recognition of the brand.
- Outstanding Performance: The model features a 70kWh high-capacity battery, achieving 0-100 km/h acceleration in just 3.3 seconds and a combined cruising range of over 1,400 kilometers, while the standard 2.0T hybrid engine paired with a 150kW high-power generator ensures hypercar-level acceleration even in battery-depleted mode, further solidifying Lotus's competitive edge in the high-performance EV market.
- Luxury Interior: LOTUS For Me includes a standard 23-speaker KEF audio system and other luxury amenities, with the Special Edition adding features like 48V active anti-roll bars and a smart panoramic sunroof, aimed at providing consumers with an unparalleled driving experience that reflects Lotus's pursuit of the perfect blend of luxury and performance.
See More
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- First Vehicle Debut: Under this new framework, the LOTUS For Me hyper-SUV was unveiled, featuring a 900V high-voltage platform and dual motors, delivering a flagship output of 952 PS and achieving 0-100 km/h in just 3.3 seconds, showcasing exceptional performance.
- Sustained Performance Assurance: The vehicle maintains a 3.5-second sprint even when the battery is as low as 10%, while offering a combined range exceeding 1,400 km and a 4-minute cold-start recovery system, ensuring reliability in driving.
- Global Collaborative Development: The LOTUS For Me utilizes a full-time 4WD system with a 0ms response time and intelligent energy management, featuring four distinct driving modes, reflecting the global collaboration between UK and China teams, with a launch scheduled in China by late March and a European rollout in mid-2026.
See More
Lotus Unveils LTS Engineering Standard and Hyper-SUV
- Launch of LTS Standard: Lotus Technology has introduced the Lotus Tuned Specification (LTS), aimed at ensuring consistent vehicle dynamics across various powertrains, leveraging 78 years of motorsport-inspired research to enhance the brand's competitiveness in the luxury market.
- Debut of Hyper-SUV: The first LTS-certified X-hybrid hyper-SUV, named LOTUS For Me, is set to launch in China in March 2026, featuring a peak output of 952 PS and a 0-100 km/h acceleration time of just 3.3 seconds, marking a strategic move into the electric luxury vehicle segment.
- Industry-Leading Technology: This model utilizes a 900V platform and a full-time 4WD system with a 0ms response time, along with an 11C high-discharge battery, ensuring stable performance even at low battery levels, showcasing Lotus's innovative capabilities in electric vehicle technology.
- Global Market Expansion: Following its launch in China, LOTUS For Me plans to enter the European market in mid-2026, with further expansion into North America, the Middle East, and Asia Pacific, reflecting Lotus's commitment to the global electric luxury vehicle market and long-term growth strategy.
See More
Chibougamau Independent Mines Expands Drilling Program
- Drilling Program Initiated: TomaGold Corporation has commenced the extension of five drill holes to explore a newly discovered zinc/gold/silver zone, which is expected to further confirm the mineral potential of the Berrigan property, thereby enhancing Chibougamau's resource base.
- Significant Mineralization Results: Previous drilling results indicated that hole TOM-25-015 achieved 5.08% Zn Eq over 98.50 meters, including 23.20% Zn Eq, suggesting high-quality mineralization in the area that could attract further investment.
- Project Scale Expansion: This drilling initiative is part of a 1,500-meter Phase 2 program aimed at testing the newly discovered Berrigan Deep Zone, which is anticipated to yield greater resource discoveries and future development opportunities for Chibougamau.
- Positive Market Reaction: With the increase in drilling activities, Chibougamau's market visibility is rising, potentially leading to a positive impact on its stock price, reflecting investor confidence in its future growth potential.
See More
TomaGold Initiates Drilling Program at Berrigan Mine
- Drilling Program Launch: TomaGold Corporation has initiated a drilling program at the Berrigan Mine, planning to extend five drill holes to intersect a newly discovered zinc/gold/silver zone, which is expected to significantly enhance the resource assessment and development potential of the site.
- Historical Data Support: Previous drilling results indicated that drill hole TOM-25-015 intersected 5.08% Zn Eq (1.19 g/t Au Eq) over 98.50 meters, including 23.20% Zn Eq (5.44 g/t Au Eq) over 4.90 meters, providing a strong mineral foundation for the new drilling efforts.
- Royalty Structure: The Berrigan property is part of a larger land package optioned by TomaGold from Chibougamau Independent Mines Inc., with Globex retaining a 2% Gross Metal Royalty, ensuring future revenue potential for the company.
- Future Outlook: This 1,500-meter drilling program aims not only to test the newly discovered Berrigan Deep Zone but also has the potential to yield new resource discoveries, thereby enhancing the company's competitiveness and investment appeal in the mining sector.
See More
Lotus Exhibition 'IN PROGRESS' Unveils Design Principles
- Exhibition Overview: Lotus will debut the 'IN PROGRESS' exhibition at the 2026 Milan Design Week, showcasing its D.N.A. design principles that emphasize continuous innovation and development, attracting significant attention from design enthusiasts.
- Collaboration Highlights: Lotus collaborates with Italian luxury brand Larusmiani to unveil the Theory 1 concept car in a bespoke Au color, inspired by Lotus' 79 Formula 1 victories, showcasing a deep integration of the brand with luxury culture.
- Cultural Fusion: The exhibition enriches the experience through a partnership with Carpano, offering a unique beverage experience that blends Italian tradition with modern innovation, enhancing audience engagement and cultural depth.
- Design Philosophy: Lotus' D.N.A. design principles encompass digital, natural, and analogue aspects, reflecting the brand's ongoing exploration in lightweight engineering and emotional design, showcasing the limitless possibilities of future driving.
See More
LotusTech Launches Pre-Sales for LOTUS For Me in China
- Pre-Sales Launch: LotusTech officially commences pre-sales for its hyper-SUV LOTUS For Me in the Chinese market, with starting prices of Rmb528,000 (approximately $76,800) and Rmb588,000 (approximately $85,500) for two variants, which is expected to attract high-end consumers and enhance the brand's position in the luxury EV market.
- High-End Specifications: Built on Geely's Afari Smart Driving H7 architecture, LOTUS For Me comes standard with the NVIDIA Thor flagship computing chip, enabling both highway and urban Navigation on Autopilot functionalities, showcasing Lotus's leadership in smart driving technology and likely increasing consumer trust and recognition of the brand.
- Outstanding Performance: The model features a 70kWh high-capacity battery, achieving 0-100 km/h acceleration in just 3.3 seconds and a combined cruising range of over 1,400 kilometers, while the standard 2.0T hybrid engine paired with a 150kW high-power generator ensures hypercar-level acceleration even in battery-depleted mode, further solidifying Lotus's competitive edge in the high-performance EV market.
- Luxury Interior: LOTUS For Me includes a standard 23-speaker KEF audio system and other luxury amenities, with the Special Edition adding features like 48V active anti-roll bars and a smart panoramic sunroof, aimed at providing consumers with an unparalleled driving experience that reflects Lotus's pursuit of the perfect blend of luxury and performance.
See More
Lotus Technology Launches New Engineering Standard and Hyper-SUV
- New Standard Launch: On March 4, Lotus Technology introduced the LTS (Lotus Tuned Specification), a new proprietary standard derived from the company's 78-year motorsport heritage, aimed at ensuring full-vehicle integration and calibration across all Lotus models to enhance overall driving experience.
- First Vehicle Debut: Under this new framework, the LOTUS For Me hyper-SUV was unveiled, featuring a 900V high-voltage platform and dual motors, delivering a flagship output of 952 PS and achieving 0-100 km/h in just 3.3 seconds, showcasing exceptional performance.
- Sustained Performance Assurance: The vehicle maintains a 3.5-second sprint even when the battery is as low as 10%, while offering a combined range exceeding 1,400 km and a 4-minute cold-start recovery system, ensuring reliability in driving.
- Global Collaborative Development: The LOTUS For Me utilizes a full-time 4WD system with a 0ms response time and intelligent energy management, featuring four distinct driving modes, reflecting the global collaboration between UK and China teams, with a launch scheduled in China by late March and a European rollout in mid-2026.
See More
Lotus Unveils LTS Engineering Standard and Hyper-SUV
- Launch of LTS Standard: Lotus Technology has introduced the Lotus Tuned Specification (LTS), aimed at ensuring consistent vehicle dynamics across various powertrains, leveraging 78 years of motorsport-inspired research to enhance the brand's competitiveness in the luxury market.
- Debut of Hyper-SUV: The first LTS-certified X-hybrid hyper-SUV, named LOTUS For Me, is set to launch in China in March 2026, featuring a peak output of 952 PS and a 0-100 km/h acceleration time of just 3.3 seconds, marking a strategic move into the electric luxury vehicle segment.
- Industry-Leading Technology: This model utilizes a 900V platform and a full-time 4WD system with a 0ms response time, along with an 11C high-discharge battery, ensuring stable performance even at low battery levels, showcasing Lotus's innovative capabilities in electric vehicle technology.
- Global Market Expansion: Following its launch in China, LOTUS For Me plans to enter the European market in mid-2026, with further expansion into North America, the Middle East, and Asia Pacific, reflecting Lotus's commitment to the global electric luxury vehicle market and long-term growth strategy.
See More
