Chibougamau Independent Mines Inc. (TSX-V: CBG) (Germany: CLL1) (OTCMKTS: CMAUF), herein called Chibougamau, is pleased to report to shareholders that TomaGold Corporation (TSX-V: LOT) (OTCPK: TOGOF) have reported the results from the final three, Phase 2 drill-hole extensions at the Berrigan Mine Project in the western portion of the Chibougamau Mining Camp. These 3 drill holes extensions are the final of a 5-hole program which has succeeded in “highlighting a thick extensive polymetallic hydrothermal system”, extending the Berrigan Deep Zone for a strike length of 250 m and 400 m vertically with intersections to a vertical depth of nearly 900 m.

Note: for details on equivalent grades see Table 1 below.

Figure 1: Long Section of the Berrigan Main and Deep Zones Facing North

Figure 2: Cross Section of the Berrigan Main and Deep Zones Facing West

Table 1. Summary of Best Intersections Reported by Hole for Phases 1 and 2

Notes:

• The reported widths represent core lengths. True width is estimated to be approximately 80-85% of the core length, depending on the deviation angles.
• ZnEq and AuEq are calculated using the Company’s standard parameters.
• AuEq calculation was based on US$4,150/oz Au, $51.34/oz Ag, US$5.023/lb Cu and $1.392/lb Zn. AuEq = Au g/t + (Ag g/t × 0.01237) + (Cu ppm × 0.000083) + (Zn ppm × 0.000023), applying metallurgical recovery factors of 95% for zinc, 85% for gold and silver, and 90% for copper, based on a metallurgical report on Berrigan Mine zinc material prepared by Process Research Associates Ltd. in February 2002 and on recoveries from nearby deposits for gold, silver and copper.
• ZnEq calculation was based on US$4,047/oz Au, $50.22/oz Ag, US$4.796/lb Cu and $1.390/lb Zn. ZnEq = Zn ppm + (Ag g/t × 527) + (Au g/t x 42466) + (Cu ppm × 3.45) / 10,000, applying metallurgical recovery factors of 95% for zinc, 85% for gold and silver, and 90% for copper, based on a metallurgical report on Berrigan Mine zinc material prepared by Process Research Associates Ltd. in February 2002 and on recoveries from nearby deposits for gold, silver and copper.

Shareholders are invited to access the TomaGold press release which includes much more detail including individual assays, assay methodology, etc. by clicking here.

This press release was written by Jack Stoch, P. Geo., President and CEO of Chibougamau Independent Mines Inc. in his capacity as a Qualified Person (Q.P.) under NI 43-101.

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