Golden Lake Exploration to Commence Drilling

Rhea-AI Summary

Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) has announced the commencement of its drilling program at the Jewel Ridge Project in Nevada. The company has hired HD Drilling Services from Winnemucca, Nevada, to conduct the operation. Drilling is set to begin on September 23rd, 2024, pending written confirmation from the BLM regarding the receipt of the reclamation bond.

The initial phase of the program will involve drilling a minimum of 4 high-priority holes, covering approximately 1,700 meters (5,000 feet) using Reverse Circulation (RC) drilling techniques. CEO Mike England expressed enthusiasm for the start of this long-awaited program, highlighting the extensive data correlation efforts undertaken over the past two years.

Positive

• Commencement of drilling program at Jewel Ridge Project
• Engagement of professional drilling services
• Initial phase includes 4 high-priority holes covering 1,700 meters

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / September 16, 2024 / Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) ("Golden Lake" or the "Company") is pleased to announce it has retained HD Drilling Services, based out of Winnemucca, Nevada, to undertake the upcoming drill program at the Jewel Ridge Project, Nevada. Drilling is expected to commence the week of September 23^rd, 2024, when the BLM has provided written confirmation that the reclamation bond has been received.

"We are very eager to get this long-awaited program started. A lot of hard work has gone into correlating all the data we have obtained through various work programs of our own and those of our neighbors over the last two years," stated Mike England, CEO and President of Golden Lake.

The initial phase one program is expected to consist of drilling a minimum of 4 high priority holes covering approximately 1,700 meters (5,000 feet) using a Reverse Circulation (RC) drill. Details of the targets to be drilled in this program can be found on our website at https://www.goldenlakex.com/jewelridge.

About Golden Lake Exploration Inc.

Golden Lake Exploration Inc. is a junior public mining exploration company engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to acquire, explore and develop economic precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property.

On Behalf of the Board,
Mike England
CEO & Director

For Further Information Please Contact:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
Email: info@goldenlakex.com

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: Golden Lake Exploration Inc.

View the original press release on accesswire.com

FAQ

When is Golden Lake Exploration (GOLXF) expected to start drilling at the Jewel Ridge Project?

Golden Lake Exploration (GOLXF) is expected to commence drilling at the Jewel Ridge Project on September 23rd, 2024, pending BLM confirmation of the reclamation bond receipt.

How many holes and meters will be drilled in the initial phase of Golden Lake's (GOLXF) Jewel Ridge Project?

The initial phase of Golden Lake's (GOLXF) Jewel Ridge Project will include drilling a minimum of 4 high-priority holes, covering approximately 1,700 meters (5,000 feet).

What drilling technique will Golden Lake Exploration (GOLXF) use at the Jewel Ridge Project?

Golden Lake Exploration (GOLXF) will use Reverse Circulation (RC) drilling techniques for the upcoming program at the Jewel Ridge Project.

Which drilling company has Golden Lake Exploration (GOLXF) hired for the Jewel Ridge Project?

Golden Lake Exploration (GOLXF) has hired HD Drilling Services, based in Winnemucca, Nevada, for the upcoming drill program at the Jewel Ridge Project.