| Announcement Date: | 2022-02-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Golden Lake Exploration Inc. |
| Project name: | Jewel Ridge |
| Location: | United States |
| Commodities: | Gold,Silver |
| Highlight: | Drilling results incl. 15.67m @ 2.76g/t Au, 8.51g/t Ag from 0.0m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, British Columbia – February 7, 2022, Golden Lake Exploration Inc. (CSE:GLM) (OTCQB:GOLXF) (“GLM” or the “Company”) wishes to report the full and final results from drilling to date at the Jewel Ridge project in Nevada as well as report on the commencement of drilling at Jewel Ridge. Core drilling has now commenced at the historic Hamburg mine and willseek to expand on high-grade intercepts of Carlinstyle mineralization and Carbonate Replacement Deposits encountered by prior drilling. The geologic team is preparing further targets in advance of the 2022 program at the Eureka Tunnel target for spring and early summer. Big Sky Exploration LLP has been contracted again after a very successful campaign in 2021. CEO Mike England stated “Golden Lake’s geological team is very excited to return to Jewel Ridge after a very successful campaign in 2021. Some highlights from the first 2 phases include the bonanza hit from phase 1 drilling where we hit, from surface, an intercept of 24.54 meters of 9.16 grams per tonne g/t gold Au, 65.8 grams per tonne g/t silver Ag and in phase 2 a hit of 18.68 meters of 5.85 g/t Au and another 8.09 meters of 8.93 g/t Au on the first three holes of phase 2 drilling. In addition to the high grade CRD results encountered in our 2020 |
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