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McFarlane Intersects 6.14 Grams per Tonne Gold over 24.55 Metres Within 15 Metres from Surface - Intersection Includes 24.55 Grams per Tonne Gold over 5.33 Metres
Other drilling in the Purdex Zone at High Lake continues to show mineralization well beyond the h...
About this update from Mcfarlane Lake Mining Limited
[{"type":"text","content":"McFarlane Intersects 6.14 Grams per Tonne Gold over 24.55 Metres Within 15 Metres from Surface - Intersection Includes 24.55 Grams per Tonne Gold over 5.33 MetresOther drilling in the Purdex Zone at High Lake continues to show mineralization well beyond the historical 100-metre level to below the 300-metre level. McFarlane to attend the upcoming PDAC conference in Toronto from March 5 to 8th, booth number 3208. Toronto, Ontario--(Newsfile Corp. - February 28, 2023) - McFarlane Lake Mining Limited (NEO: MLM) (OTCQB: MLMLF) (\"McFarlane\" or the \"Company\"), a Canadian mineral exploration and development company, is pleased to provide a further update on the progress made at the Company's High Lake property in Ontario, near the Ontario-Manitoba Border. To date, McFarlane has completed 46 holes totalling about 10,000 metres and received assays for 41 holes.Drilling in hole MLM-22-40 has a near-surface intersection of 6.14 g/t gold over 24.55 metres from 14.61 to 41.80 as measured in drill core length from surface, including 24.55 g/t gold over 5.33 metres. Visible gold was evident within this high-grade interval. McFarlane also intersected high-grade gold at ~300 and ~350 metres below surface of 54.90 g/t gold over 0.30 metres and 47.28 g/t gold over 1.80m in holes MLMH-22-20 and MLMH-22-21, respectively. Hole MLHL-22-21 also includes an interval of 105.00 g/t gold over 0.8 metres. \"When we began our exploration plans for High Lake, we knew our focus should be on the Purdex Zone, which had attractive historical resources but had not been tested below 100 metres,\" said Bob Kusins, Vice President of Geology at McFarlane. \"Our drilling to date has identified several high-grade mineralized trends that extend well below 300 metres with some exceptional intercepts. These latest results further confirm our outlook that the geology supports a continuance of gold mineralization.\"The Company released previous drill results showing attractive gold mineralization at High Lake on December 12, 2022, January 9, 2023, January 25, 2023, and February 7, 2023.The mineralized zone and our current drill results to date with multiple high-grade intersections is shown in figure 1 below.Figure 1 – Longitudinal Section of Diamond Drill HolesTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8133/1563...