on McFarlane Lake Mining Limited (NASDAQ:MLMLF)
McFarlane Lake Mining Discovers New High-Grade Gold Mineralization
McFarlane Lake Mining Limited, a Canadian gold exploration company, has announced recent findings from exploration drilling at its McMillan Mine property near Sudbury, Ontario. The drilling uncovered three significant zones of mineralization west of the existing mine. The standout result from hole MLMM-25-09 revealed 8.5 grams per tonne (gpt) gold over 4.10 meters, with one section showing 13.3 gpt over 2.60 meters. Additional drilling has expanded gold mineralization 80 meters west and deeper at 530 meters below the surface.
Down Hole Geophysics proved valuable, with most gold intersections aligning within previously identified Electro Magnetic Plates. The exploration program anticipates further analysis of pending assay results from holes MLMM-25-10 and MLMM-25-11, which also indicated visible gold. This expansion aligns with McFarlane's strategic goal to broaden its mineralization envelope at the McMillan Mine.
R. P.
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