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McFarlane Commences Exploration Drilling at Juby Gold Project

TORONTO, Dec. 18, 2025 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“ McFarlane &#...

articleMcfarlane Lake Mining LimitedDecember 18, 20255/company/mcfarlane-lake-mining-limited/news/mcfarlane-commences-exploration-drilling-at-juby-gold-project
McFarlane Commences Exploration Drilling at Juby Gold Project

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[{"type":"text","content":"McFarlane Commences Exploration Drilling at Juby Gold Project\nTORONTO, Dec. 18, 2025 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF) is pleased to announce that exploration Drilling has commenced at its 100%-owned Juby Gold Project, located west of Gowganda, Ontario, within the southern part of the “Prolific Abitibi Greenstone Belt”. “Commencing drilling at Juby is an important milestone for McFarlane as we begin a meaningful exploration program on one of the largest gold systems in the southern Abitibi,” said Mark Trevisiol, President and CEO of McFarlane Lake Mining Limited. “With up to 13,000 metres planned across multiple zones, including priority targets at Golden Lake and Juby, this program is designed to expand known mineralization and test the project’s depth and strike potential. We believe Juby offers significant upside, and this drilling campaign is a key step toward unlocking that value for shareholders.” Drilling personnel and equipment are at site (see Figure 1) and have collared and commenced drilling on the first hole. Figure 2 highlights the 8.7-kilometre strike length on the property that covers four mineralized zones (Juby, Golden Lake, Big Dome, Hydro Creek). Figure 3 details a plan view highlighting the surface location of the new exploration drill holes. The first hole is a follow-up to one drilled in 2013 in what is termed the “826” zone area. There are two more holes planned in this area. The objective of drilling in the 826 zone is to expand upon gold mineralization intersected in 2013 and to test for continued mineralization at depth and along strike. The bulk of the drilling, however, will take place at the Golden Lake zone and the Juby zone. On December 11, 2025, McFarlane released details of its drilling program. See this link for further details: mcfarlanelakemining.com/2025/12/mcfarlane-targets-resource-expansion-at-juby-gold-project/. Both the Golden Lake and Juby zones will be targeted mainly at depth to explore for new gold mineralization. There are 12,000 to 13,000 metres of drilling planned for this phase. McFarlane expects to complete the drilling by May of 2026. Figure 1 – Drilling equipment and Operating Personnel at Juby Gold Project Fig...

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