TomaGold Drills Berrigan Zinc-Gold-Silver
Analysis based on 9 articles · First reported Apr 01, 2026 · Last updated Apr 01, 2026
The market is positively impacted by the discovery of a new zinc/gold/silver zone, potentially increasing the value of the Berrigan property. This could lead to increased investor interest in both Asante Gold Corporation and Globex Mining Enterprises Inc. due to the promising drill results and royalty agreement.
Asante Gold Corporation has initiated a Phase 2 drilling program to extend five recent drill holes at the Berrigan property, aiming to intersect a newly discovered zinc/gold/silver zone. This zone lies beneath the previously known Berrigan mineralized area. Globex Mining Enterprises Inc. holds a 2% Gross Metal Royalty on this property, which is under option by Asante Gold Corporation from Chibougamau Independent Mines Inc. Previous drilling by Asante Gold Corporation, specifically drill hole TOM-25-015, yielded significant results, including 5.08% Zn Eq over 98.50 meters. The current 1,500-meter program is designed to further test this deep zone, with detailed metallurgical recovery factors for Zinc, Gold, Silver, and Copper being applied in calculations.
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