Business

Mayo Lake Minerals Initiates Early Summer Exploration Program

Drilling Begins at Carlin-Roop Yukon Silver Discovery Ottawa, Ontario--(Newsfile Corp. - June 13, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) ("Mayo" or the "Co

articleMayo Lake Minerals, Inc.June 13, 20224/company/mayo-lake-minerals-inc/news/mayo-lake-minerals-initiates-early-summer-exploration-program
Mayo Lake Minerals Initiates Early Summer Exploration Program

About this update from Mayo Lake Minerals, Inc.

[{"type":"text","content":" Drilling Begins at Carlin-Roop Yukon Silver Discovery Ottawa, Ontario--(Newsfile Corp. - June 13, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) (\"Mayo\" or the \"Company\") is pleased to announce the start of its early summer exploration programs beginning on May 25 with prospecting and soil sampling on its Trail-Minto Gold Property followed by a definitive 1,470m diamond drill program to begin this week at its Carlin-Roop Silver Project. At a cost of approximately $900,000, the complete early summer program, which also includes work on its Anderson-Davidson, Edmonton and Cascade gold properties, is expected to be completed in early July. This allows for the possibility of follow-up exploration in late summer. Platinum Diamond Drilling Inc. has been contracted for the diamond drilling; while Big River Mineral Exploration Inc., 100% owned by the Na-Cho Nyäk Dun Development Corporation, will provide geological services; Bureau Veritas Commodities Canada Ltd. will provide soils and rock analysis and Capital Helicopters (1995) Inc. logistical support. All contractors are based in or have offices in Whitehorse, Yukon. 2022 Exploration Program Carlin-Roop Silver Project (Figure 1) Total of 1,470± diamond drilling at the Carlin West silver discovery. Prospecting and detailed geochemical soil sampling at Carlin West to refine drill targets for silver. Prospecting and geochemical soil sampling to determine area prospectivity for silver mineralization. Anderson-Davidson Gold Property (Figure 2) Prospecting, geochemical soil sampling and geophysics to define and refine drill targets for gold in and adjacent to the Anderson Gold Trend. A gold occurrence was found at Owl-Anderson during scout drilling in 2017. This 2022 early summer program is anticipated to result in 4 to 5 very well-defined drill targets. Trail-Minto Gold Property Total of 550m trenching to examine nature and grade of near-surface mineralization, associated with the Roaring Fork Stock and the adjacent veined, tectonized and altered wallrock. Prospecting and geochemical soil sampling to refine and define drill targets. Soil sampling to date indicates the potential for broadly occurring gold veining associated with the Roaring Fork Stock. Edmonton Property Prospecting and soil sampling for Spatiotemperol Geochemical Hydrocarbons (SGH) analysis to determine prospectively...

More updates from Mayo Lake Minerals, Inc.