Announcement Date: 2023-03-06
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. 26.40m at 9.20g/t Au from 292.10m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario–(Newsfile Corp. – March 6, 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. McFarlane completed 46 holes totalling just over 10,000 metres and is awaiting assays for a handful of holes. Drilling in hole MLM-22-45 intersected a broad mineralized zone of 9.20 g/t gold over 26.4 metres from 292.1 to 318.5 as measured in drill core length from surface, including 15.43 g/t gold over 4.6 metres. The elevation of the broader intersection was -285.3m below surface. “The Purdex Zone continues to deliver world-class gold intersections both near surface and at depth. Our High Lake property hasn’t seen this intensity of drilling in its history but has proved if you are willing to do the work, the gold mineralization is there to be found,” said Mark Trevisiol, CEO of McFarlane Lake Mining.
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