Mt Freda News Today

X

Tombola Gold Ltd (ASX:TBA) is pleased to announce continued positive results from the Companys initial drilling program at the Mt Scheelite Target, within the highly prospective Golden Mile Complex in Cloncurry, Queensland.

Tombola Gold Ltd (ASX:TBA) is pleased to announce the achievement of a major milestone with the first material from Comstock and Shamrock being delivered from the Mt Freda Run of Mine pad, 54km to the Great Australian Mine plant for crushing and processing in November.

Tombola Gold Ltd (ASX:TBA) is a company assembled by experienced, exceedingly well-qualified and all very well rounded team members that have previously floated exploration companies which achieved major resource discoveries and success. Between the Tombola team members, Tombola as a company have well over 100 years of accumulated experience in the mining, exploration and resource sector.

Tombola Gold (ASX:TBA) is pleased to announce that mining activities continue to progress well at the Companys two operating mines - Comstock and Shamrock, where currently 61,000 tonnes of ROM material are stockpiled for haulage to the Great Australia Mine (GAM) processing plant.

Tombola Gold Ltd (ASX:TBA) is pleased to announce continued positive results from the Companys initial drilling program at the Mt Scheelite Target, situated to the west of the highly prospective Golden Mile Complex in Cloncurry, Queensland.

Tombola Gold Ltd (ASX:TBA) is pleased to announce that it has secured a significant and strategic regional footprint around the Companys existing Mt Freda project via the formalisation of the acquisition agreements for the Lorena Gold Project.

Further to the Companys previous release of 20 June 2022, Tombola Gold Ltd (ASX:TBA) wishes to advise that the timeframe for the Due Diligence associated with the transaction has been extended by mutual agreement from 30 June to 7 July 2022.

Tombola Gold Ltd (ASX:TBA) is pleased to confirm its positive progress towards first gold production, with mining activities advancing well-ahead of schedule at Comstock and Shamrock open-pits.

Tombola Gold Ltd (ASX:TBA) is pleased to announce that it has signed a binding Term Sheet to acquire 100% of the Lorena Processing Facility, located only 30km from the Companys 100% owned flagship Mt Freda Gold Mine in Cloncurry, Queensland.