03:50 PM EST - Tomagold Corporation : announced the start of work on the Monster Lake property, 50 km southwest of Chibougamau, Quebec, pursuant to an agreement that calls for IAMGOLD Corporation to spend at least $2 million on exploration on the Monster Lake property in Year One. The first phase of work, which begins this week, consists of a high-resolution magnetic survey, to be followed by an initial program of at least 6,000 metres of drilling. Tomagold Corporation
shares V.LOT are trading unchanged at $0.13.
