Announcement Date: 2023-02-28
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. 27.19m at 6.14g/t Au from 14.61m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario–(Newsfile Corp. – February 28, 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 46 holes totalling about 10,000 metres and received assays for 41 holes. Drilling in hole MLM-22-40 has a near-surface intersection of 6.14 g/t gold over 24.55 metres from 14.61 to 41.80 as measured in drill core length from surface, including 24.55 g/t gold over 5.33 metres. Visible gold was evident within this high-grade interval. McFarlane also intersected high-grade gold at ~300 and ~350 metres below surface of 54.90 g/t gold over 0.30 metres and 47.28 g/t gold over 1.80m in holes MLMH-22-20 and MLMH-22-21, respectively. Hole MLHL-22-21 also includes an interval of 105.00 g/t gold over 0.8 metres.
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