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Mayo Lake Minerals Mayo-Keno Area 2026 Drilling and Trenching Plans
Carlin-Roop (44 sq km) High-Grade Silver ProjectAnderson-Davidson (86 sq km) Intrusion- Related, Vein Gold ProjectEdmonton (15 sq km) Gold and Base Metals Proje
About this update from Mayo Lake Minerals, Inc.
[{"type":"text","content":" Carlin-Roop (44 sq km) High-Grade Silver ProjectAnderson-Davidson (86 sq km) Intrusion- Related, Vein Gold ProjectEdmonton (15 sq km) Gold and Base Metals Project Highlights of Press Release 2025 Achievements Mayo Lake Minerals dramatically improved its financial situation in December of 2025 with the sale of its Trail-Minto Property to Banyan Gold for $1,000,000, together with the closing of the first tranche of a private placement for $155,00; the placement remains open and the second tranche is expected to close shortly. At Edmonton it has been determined through a review of results from airborne magnetics and the analysis of soil geochemistry and spatiotemporal geochemical hydrocarbons (SGH) that a broad (3,500m x 1,600m) magnetic low has much better potential for hosting base metals and gold deposits than originally envisaged. Data was reviewed from Carlin-Roop and the Anderson Gold Trend in order to determine viable drilling and trenching programs to further advance the grade and size of the mineralization at these properties. Soil sampling for geochemical and SGH analysis was conducted at Dawn Gulch in the Anderson Gold Trend with final results expected shortly; an alteration survey was also completed on Anderson-Davidson. The properties are all located in the Mayo-Keno area of the Tombstone Gold Belt and are in good standing. (Fig. 1) 2026 Exploration Plans At the Carlin Roop silver property; drilling and trenching will focus on the Carlin West and AJ silver prospects where high-grade silver up to 3994g Ag/t (~128oz Ag/t) float[1] can be found along silver soil anomalies and on a 6.5 sq. km. area, with all soils analyzing greater or equal to 1oz. Ag/t. (Figs. 2 & 3) at Carlin West. At Anderson-Davidson; scout drilling is to be completed on multiple high-quality drill targets over 6,000m of linear gold anomalies within the primary four identified zones in the Anderson Gold Trend (Fig. 4). At Edmonton in the unexplored western part of a mag low that has shown multi-element potential (Au ±Ag ± Cu ±Zn) in the eastern part, a soil sampling program will be completed for geochemical and SGH analysis to determine whether the previous results indicative of gold and base metal mineralization in the eastern half continue into the western half (Fig. 5). Ottawa, Ontario--(Newsfile Corp. - January 26, 2026) - Mayo Lake Minerals I...