Tombill Mines Limited (TBLL) Economic Study
TSXV: TBLL · Gold · Exploration stage
- Market cap$13.2M
- Share price$0.045
- 52-week range$0.010 – $0.070
- Shares outstanding292,453,997
- ExchangeTSXV
- Websitetombillmines.com
Founded 1935 by Newmont Mining and 'Tom' and 'Bill' Johnson, Tombill (TSXV: TBLL) owns 2 of the 11 past-producing and producing mines in Geraldton, Greenstone gold district (pop. 4300, about 225 km NE of Thunder Bay). Within this optimal local and mining infrastructure, our assets comprise 4 royalty-free claims groups, occupying the middle of the Geraldton gold district. The Greenstone Gold Mine (founded May 2024), which borders on our east boundary, is one of Canada's largest gold mines & mill by annual production. Our assets comprise 74 royalty-free claims (57 fully owned patent claims, 3 fully owned with easements, 9 fully owned patented mineral rights, and 5 leases) covering 3,168 acres. Of these, the 58 claim Main Group borders west of the Greenstone Gold Mine and straddles the Trans-Canada Highway; the 5-claim Ellis Group lies 4 km south of the town of Geraldton; and the original Tombill Old Mine group of 6-claims sits 10 km west-southwest of Geraldton. The Tombill Old Mine produced 68,737 gold oz at a grade of 12.47gpt between 1938 -1942 and 1955 in the southeast part of that claim group. The Talmora Mine, located northeast on the Main Group, was built in 1942, but saw only very minor production before closing in 1948 (1,406 gold oz at 55 g/t). From the Greenstone open pit to Key Lake, the Geraldton camp is approximately 15 km in length over a defined corridor -- essentially along the Bankfield Tombill Fault & Trans-Canada Highway -- housing multiple shallow and deep gold zones.
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Tombill Mines Limited economic studies
No economic study (PEA, pre-feasibility or feasibility) is on file for Tombill Mines Limited.