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Near Surface Intersection Yields 6.58 g/t gold over 10.35 metres 
McFarlaneLake_03Feb2026_Figure, Feb. 04, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited ...
About this update from Mcfarlane Lake Mining Limited
[{"type":"text","content":"Near Surface Intersection Yields 6.58 g/t gold over 10.35 metres Intersection is within 33 metres from surface and contained in a broader intersection of 3.32 g/t over 22.35 metres\nMcFarlaneLake_03Feb2026_Figure, Feb. 04, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF) is pleased to announce results from its second drill hole from its exploration campaign being conducted on its 100%-owned Juby Gold Project, located west of Gowganda, Ontario, within the southern part of the “Abitibi Greenstone Belt”. Drilling was initiated in December 2025 on the property and commenced at the Company’s ‘826’ zone, see Figure 1. Highlights Drill hole JU8-26-142 has intersected 6.58 g/t gold over 10.35 metres, all contained within a broader intersection of 3.32 g/t gold over 22.35 metres, see Figures 2 and 3 and Tables 1 and 2.As reported in the Company’s January 22, 2026 announcement, JU8-26-142 logged 20 separate occurrences of visible gold, the assays of which are released today.These results further extend gold mineralization as the system seems to demonstrate a higher-grade gold concentration continuing to the southwest but is also open along strike (see Figures 2 and 3).As previously reported, the Company is adding an additional 500 to 600 metres of drilling in the 826 zone. Today, the Company is announcing it is again increasing drilling by another 400 metres, for a total of 1,000 metres of additional drilling in the ‘826’ zone. Figure 1 – Juby Gold Project - Plan View of Exploration Drilling program showing location of drill holes and Zones 826, Juby, Golden Lake, Big Dome and Hydro Creek Figure 2 – Detail Plan View showing location of Drill Hole JU8-26-142 Figure 3 – Section looking West on 826 Zone Table 1 - 826 Zone Collar Data Hole-IDAzimuthDipEastingNorthingElevationLength (m)JU8-25-14135-505012445270970364308JU8-26-14233-505012155270930365294        Table 2 - 826 Zone Composite Data Hole-IDFrom (m)To (m)Au g/tWidth (m)True Width (m)Depth (m)JU8-25-141*19.8348.000.6928.1721.9-25.9Including*19.8324.002.094.17  JU8-25-141135.15138.404.093.252.9-102.8JU8-26-14232.6555.003.3222.3520.3-32.9Including33.3543.706.5810.35 
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