Tomagold Corporation and Chibougamau Independent Mines Inc. said they completed Phase 2 extension drilling at the Berrigan Mine in Quebec [4], [5].

The progress at the Berrigan Mine is significant for investors as the companies seek to increase known mineral resources through new deep-grade discoveries. These results may determine the scale of future extraction efforts in the region.

The Berrigan Mine property consists of 16 claims totaling 483 hectares [1]. It is located approximately four km north-northwest of the town of Chibougamau [2]. According to the companies, the Phase 2 extension drilling program was completed as of May 28, 2026 [4].

Company data indicates that the true core width is estimated to be approximately 80% to 85% of the core length [3]. This technical measurement helps geologists determine the actual thickness of the mineralized zone compared to the angle of the drill hole.

Following the completion of the extension drilling, Tomagold is launching a major prospecting and geophysical survey campaign across its Chibougamau properties. This new phase of exploration aims to identify further targets, and expand the footprint of the Berrigan asset.

The update was released on May 29, 2026, to provide stakeholders with the latest progress on the mine's potential [5].

The Berrigan Mine property consists of 16 claims totaling 483 hectares

The transition from Phase 2 drilling to a broader geophysical survey indicates that the companies have moved from testing specific known targets to a wider exploration strategy. By confirming deep-grade potential, the operators are attempting to prove that the Berrigan Mine has a larger resource base than previously estimated, which typically increases the valuation of the mining claims.