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McFarlane Intersects 5.6 GPT Gold Over 13 Metres Including 10.7 GPT Gold Over 5 Metres; Provides Exploration Update On Its McMillan Property
Recent Drilling Highlights McFarlane intersects a wide zone of mineralized quartz sulphide st...
About this update from Mcfarlane Lake Mining Limited
[{"type":"text","content":"McFarlane Intersects 5.6 GPT Gold Over 13 Metres Including 10.7 GPT Gold Over 5 Metres; Provides Exploration Update On Its McMillan Property Recent Drilling HighlightsMcFarlane intersects a wide zone of mineralized quartz sulphide stockwork at the past producing McMillan Gold Mine, hole MLMM 08-05W1 returning 2.7 gram per tonne (gpt) gold over 31.35 metres including 5.6 gpt gold over 13 metres that contained a higher-grade zone of 10.7 gpt gold over 5 metres.Follow-up hole MLMM-24-04 (assays pending) intersected a 54-metre zone of quartz sulphide stockwork, approximately 300 metres below surface and about 50 meters below hole MLMM 08-05W1The wide zone of mineralized quartz sulphide stockwork remains open along strike and at depth suggesting potential for a significant discovery at the past producing McMillan Gold Mine. TORONTO, ON / ACCESS Newswire / February 3, 2025 / McFarlane Lake Mining Limited (\"McFarlane\" or the \"Company\") (CBOE:MLM)(OTCQB:MLMLF), is excited to announce results of recent exploration diamond drilling conducted at its 100% owned past producing McMillan Gold Mine located 70 km west of Sudbury, Ontario (Figure 1).The McMillan Gold Mine was a past producer of gold and is located within 3 km from major highways and power lines. Located geologically in the Huronian Gold Belt, this area of the province has been consistently identified as a top gold and polymetallic exploration opportunity as highlighted in the Ontario Geological Survey \"Recommendation for Exploration 2010 to 2011\" and \"Recommendation for Exploration 2017 to 2018.\"Figure 1. Property Location - McMillan Gold Mine. McMillan Drilling ProgramThe company has drilled 6 holes for approximately 2,000 meters of drilling to date. The strategy of the ongoing drill program is to verify past historical gold intercepts and test the continuity of gold mineralization around the historic McMillan Gold Mine. A longitudinal section showing the location of recent drill holes, the historical intercepts and mine workings can be seen in Figure 2. Drill assay highlights can be seen in Table 1.Figure 2. McMillan Mine Longitudinal Section - Recent and Historic Gold Intercepts and Historic Mine Workings Drill hole MLMM-08-05W1 intersected a wide zone of mineralized quartz sulphide stockwork that returned 2.7 gpt gold over 31.35 metres including 5.6 gpt gold over 13 m...