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McFarlane Intersects High-Grade Gold 200 Meters Below Surface at Its McMillan Mine Property - Recent Geophysics Reveals Off-Hole "Superconductor"
6.6 grams per tonne (gpt) gold over 4.55m within 29.5m of 1.31 gpt gold TORONTO, ON / ACCES...
About this update from Mcfarlane Lake Mining Limited
[{"type":"text","content":"McFarlane Intersects High-Grade Gold 200 Meters Below Surface at Its McMillan Mine Property – Recent Geophysics Reveals Off-Hole \"Superconductor\"6.6 grams per tonne (gpt) gold over 4.55m within 29.5m of 1.31 gpt gold TORONTO, ON / ACCESS Newswire / July 3, 2025 / McFarlane Lake Mining Limited (CSE:MLM)(OTCQB:MLMLF) (\"McFarlane\" or \"the Company\"), a Canadian gold exploration company, today announces gold assay results from drill hole MLMM-25-11, and announces that it has located a Geophysical Electromagnetic (EM) \"Superconductor\" near hole MLMM-25-11. This drill hole was the last hole of McFarlane's recent exploration drilling program on its 100% owned McMillan Mine property located approximately 70 kilometers west of Sudbury, Ontario.Exploration HighlightsHole MLMM-25-11 intersected 29.5 meter (\"m\") of 1.3 gpt gold, confirming additional wide gold mineralization at McMillan 200m below surface. A high-grade core of 20.1 gpt gold over 1.45m within 6.6 gpt gold over 4.55m was also present (see Table 1 and Figure 1).Strong continuity of the wide gold mineralization over a 500m plunge length has now been established in the McMillan Gold Structure.A \"Superconductor\" located off hole MLMM-25-11 was discovered from a recent downhole EM survey 180m below surface. This superconductor will be tested with future diamond drilling. A superconductor in geophysics has an electrical conductance of 50,000 to 100,000 Siemens. Some of the past Siemen levels detected on the McMillan property ranged from 500 to 1,000 Siemens, with all these EM anomalies having intersected gold mineralization.Multiple New EM plates identified at depth off hole MLMM-25-09, which continue to indicate the extension of gold mineralization to the west and at depth (see the announcement date May 27, 2025)Figure 1 - McMillan Property- Longitudinal Section looking NorthTable 1 - Exploration drilling Gold Intercepts1) Thicknesses are core lengths; true widths are not known.Mark Trevisiol, CEO and Chairman of McFarlane Lake Mining commented, \"Our team has demonstrated that we have good continuity of gold mineralization stretching over 500 meters on the House Lake fault system at McMillan Mine. The House Lake Fault and Fox Lake Fault system extends for over 7 kilometers along strike with numerous past gold producing sites near surface along this fault system ...