Business
MLK Gold Adds 104 Lithium Claims On Its 360 Lithium Property
Airborne geophysics, soil and till geochemistry, and drilling to be completed by end of Q4 2022 WINDSOR, NS, June 9, 2022 /CNW/ - MLK Gold Ltd. (CSE: MLK) ("MLK
About this update from Triple One Metals Inc
[{"type":"text","content":" Airborne geophysics, soil and till geochemistry, and drilling to be completed by end of Q4 2022 WINDSOR, NS, June 9, 2022 /CNW/ - MLK Gold Ltd. (CSE: MLK) (\"MLK\" or \"MLK Gold\" or the \"Company\"), a growth-oriented gold exploration company headquartered in Windsor, Nova Scotia, is pleased to report that after an initial data mining compilation of public government databases, the Company has added 104 lithium claims covering 2,600 hectares on its 360 Lithium Property located on the south coast of Newfoundland. Company President and CEO, Paul Smith (P. Geo.) and Executive Chairman, Bill Fleming, noted significant pegmatite development on the property following an initial reconnaissance visit to the area late last month. \"We know from previous government and academic research that pegmatite veins have been noted in previous mapping of the area and contain sub-ore grades of elemental lithium in addition to numerous quartz-tourmaline veins,\" said Smith. \"What we were surprised to observe was the abundance of veining and the variation in textures and mineralogy. Our plan is to complete a full assessment of these claims as part of our Q3 exploration program which includes our Caledonia Brook Gold Property,\" he added. Exploration is set to begin at the end of July and will coincide with the Company's plan to release its airborne Versatile Time-Domain Electromagnetic (VTEM™ Plus) geophysical survey and soil data collected by Geotech Ltd. and Overburden Drilling Management (ODM). Update on Caledonia Brook Gold Project: The Company's flagship Caledonia Brook Gold Project is targeting lode and intrusive-hosted styles of gold mineralization through a planned initial drill program of 1,200 metres in 12 proposed holes to be collared on the Mustang66, Maverick, and Charlie Zones. \"The commencement of our Q4 drilling will represent the first diamond drill holes ever undertaken on the property,\" added Smith. \"We have two additional holes being considered on the Slider Zone which will be conditional on results of a detailed soil sample survey in this area.\" Versatile Time-Domain Electromagnetic (VTEM™ Plus) A total of 662 line-kilometres (representing ~62% of the property) has been covered by an airborne Versatile Time-Domain Electromagnetic (VTEM™ Plus) geophysical survey. Survey highlights include: Anomalous gold in...