Business
Mayo Lake Minerals Adds to Drill Targets on Anderson Gold Trend
Ottawa, Ontario--(Newsfile Corp. - May 26, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) ('Mayo' or the 'Company') is pleased to report results received on March
About this update from Mayo Lake Minerals, Inc.
[{"type":"text","content":" Ottawa, Ontario--(Newsfile Corp. - May 26, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) ('Mayo' or the 'Company') is pleased to report results received on March 18, 2022 for a soil sampling project completed between September 30 and October 5, 2022 on Mayo's Anderson-Davidson property (Figure 1). A total of 381 samples were collected from 376 separate sites. Two significant gold anomalies were well defined; herein termed the Norman Anomalies. One anomaly yielded soils up to 55ppb Au trending parallel to the Anderson Gold Trend (AGT) for a distance of 160m+; the anomaly is open to the southwest at the edge of the sampling grid. A second 600m long soil anomaly was marked by samples ranging from 13 to 49 ppb Au. Dr. Vern Rampton, President and CEO of Mayo, commented, \"Following the receipt of the soil results, we completed a review of all the geophysical, geochemical and RC drilling completed by Mayo within the Anderson Gold Trend and immediate surrounding area, including the most recent soil survey at the Norman Anomalies location and an IP-Resistivity survey near the Owl-Anderson gold occurrence completed in July, 2021. We were able to conclude that the four anomalies are bona fide diamond drill targets (Figure 2). The Company has planned further prospecting and IP-Resistivity surveys this summer to maximize the diamond drilling efficiency at each prospect and some soil sampling to further extend and identify more anomalies within the Anderson Gold Trend and adjacent areas.\" He concluded \"We are excited about the potential of these prospects within the 35 + square kilometre Anderson Gold Trend. We will also begin evaluating a comprehensive diamond drill program on the Anderson Gold Trend and adjacent terrain.\" About 2/3 of the soil samples (C-horizon) at Norman were collected on a grid with 90m spacing and 1/3 with 120m spacings. They were forwarded to the Bureau Veritas Commodities Canada Ltd (BMV) laboratory where 15g of each sample was analyzed by Aqua regia digestion and ICP-MS analysis (BMV AQ201) for 36 elements (Ag, Al, As, Au, B, Ba, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, Hg, K, La, Mg, Mn, Mo, Na, Ni, P, Pb, S, Sb, Sc, Se, Sr, Te, Th, Ti, Tl, U, V, W, Zn). BMV inserted appropriate duplicates, standards and blanks in each analytical run. Mayo has independently inserted sample duplicates at a rate of one per thirty-three...