Announcement Date: 2023-02-07
Announcement Type: Drilling Results
Announcement Code: (other Code)
Company name: McFarlane Lake Mining Ltd
Project name: High Lake
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 1.30m at 148.37g/t Au from 113.20m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario–(Newsfile Corp. – February 7, 2023) – McFarlane Lake Mining Limited (NEO: MLM) (OTCQB: MLMLF) (“McFarlane” or the “Company”), a Canadian mineral exploration and development company, is pleased to provide a further update on the progress made at the Company’s High Lake property inOntario, near the Ontario-Manitoba Border. To date, McFarlane has completed 42 holes totalling 9,217 metres and received assays for 21 holes. Drilling in hole MLM-22-17 has intersected 148.37 g/t gold over 1.3 metres from 113.20 to 114.50 as measured in drill core length from surface, including 538.00 g/t gold over 0.3 metres. Visible gold was evident within this high-grade interval. This drill hole also includes a second intersection from 56.00 to 60.60 of 3.89 g/t gold over 4.6 metres. Hole MLHL-22-25, approximately 100 metres vertically below MLM-22-17, intersected 6.85 g/t gold over 2.97 metres, including 27.50 g/t gold over 0.60 metres
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