Continued Positive Results from Exploration Drilling, McFarlane Intersects Second Wide Zone of Gold Mineralization at McMillan Returning 51.6 Meters (m) of 2.0 Grams Per Tonne (gpt) Gold, Containing a Higher-Grade Zone of 5.5 gpt Gold Over 7.55 m that Included 16.1 gpt Gold Over 1.8 m
McFarlane Lake Mining has announced significant drilling results from its McMillan Gold Mine project. Hole MLMM-25-04 intersected 2.0 gpt gold over 51.65 meters, including 3.1 gpt over 21.1 meters, with several higher-grade zones including 5.5 gpt gold over 7.55 meters and 16.1 gpt over 1.6 meters.
The drilling was conducted approximately 300 meters below surface at the past-producing McMillan Gold Mine, located 70 km west of Sudbury, Ontario. This discovery represents a 50-metre step out from previous drilling. The mineralization contains various sulphide minerals, including chalcopyrite, pyrite, pyrrhotite, and arsenopyrite, with base metal assay results still pending.
The company believes the main zone of the ore body is dipping steeply to the north and plunging eastward. The mineralization remains open along strike and at depth, with drilling continuing to test the continuity of this wide zone.
McFarlane Lake Mining ha annunciato risultati di perforazione significativi dal suo progetto McMillan Gold Mine. Il foro MLMM-25-04 ha intercettato 2,0 gpt di oro su 51,65 metri, inclusi 3,1 gpt su 21,1 metri, con diverse zone a gradazione più elevata, tra cui 5,5 gpt di oro su 7,55 metri e 16,1 gpt su 1,6 metri.
La perforazione è stata effettuata a circa 300 metri di profondità nel passato produttivo della McMillan Gold Mine, situata a 70 km a ovest di Sudbury, Ontario. Questa scoperta rappresenta un avanzamento di 50 metri rispetto alle perforazioni precedenti. La mineralizzazione contiene vari minerali solfurei, tra cui calcopirite, pirite, pirrotite e arseniopirite, i risultati delle analisi sui metalli di base sono ancora in attesa.
La società crede che la zona principale del corpo minerario sia inclinata bruscamente a nord e si estenda verso est. La mineralizzazione rimane aperta lungo la strike e in profondità, con perforazioni in corso per testare la continuità di questa ampia zona.
McFarlane Lake Mining ha anunciado resultados significativos de perforación de su proyecto McMillan Gold Mine. El pozo MLMM-25-04 intersectó 2,0 gpt de oro sobre 51,65 metros, incluyendo 3,1 gpt sobre 21,1 metros, con varias zonas de mayor grado, incluyendo 5,5 gpt de oro sobre 7,55 metros y 16,1 gpt sobre 1,6 metros.
La perforación se llevó a cabo a aproximadamente 300 metros por debajo de la superficie en la McMillan Gold Mine, que ha producido en el pasado, situada a 70 km al oeste de Sudbury, Ontario. Este descubrimiento representa un paso de 50 metros a partir de perforaciones anteriores. La mineralización contiene varios minerales de sulfuro, incluidos la calcopirita, la pirita, la pirrotita y la arsenopirita, y los resultados de los análisis de metales base están pendientes.
La empresa cree que la zona principal del cuerpo mineral se inclina bruscamente hacia el norte y se sumerge hacia el este. La mineralización sigue abierta a lo largo de la traza y en profundidad, con perforaciones continuas para probar la continuidad de esta amplia zona.
맥팔레인 레이크 마이닝이 맥밀란 금광 프로젝트의 중요한 시추 결과를 발표했습니다. MLMM-25-04 구멍은 51.65미터에서 2.0gpt 금을 교차했으며, 21.1미터에서 3.1gpt를 포함하여, 7.55미터에서 5.5gpt 금 및 1.6미터에서 16.1gpt와 같은 여러 고품질 구역이 있습니다.
시추는 온타리오주 서드버리에서 70km 떨어진 과거 생산된 맥밀란 금광의 표면 아래 약 300미터 깊이에서 진행되었습니다. 이 발견은 이전 시추에서 50미터 나아간 것입니다. 광물화는 칼코파이리트, 피리타, 피롯타이트 및 아르세노파이리트와 같은 다양한 황화광물을 포함하고 있으며, 기본 금속 분석 결과는 아직 대기 중입니다.
회사는 광체의 주요 구역이 북쪽으로 가파르게 경사져 있고 동쪽으로 내려가고 있다고 믿고 있습니다. 광물화는 연장에서 그리고 깊이에서도 열려 있으며, 이 넓은 지역의 연속성을 테스트하기 위해 시추가 계속되고 있습니다.
McFarlane Lake Mining a annoncé des résultats de forage significatifs pour son projet McMillan Gold Mine. Le trou MLMM-25-04 a intercepté 2,0 gpt d'or sur 51,65 mètres, y compris 3,1 gpt sur 21,1 mètres, avec plusieurs zones à haute teneur, dont 5,5 gpt d'or sur 7,55 mètres et 16,1 gpt sur 1,6 mètres.
Le forage a été effectué à environ 300 mètres sous la surface de l'ancienne mine d'or McMillan, située à 70 km à l'ouest de Sudbury, Ontario. Cette découverte représente un écart de 50 mètres par rapport aux forages précédents. La minéralisation contient divers minéraux sulfureux, dont la chalcopyrite, la pyrite, la pyrrhotite et l'arséniopyrite, les résultats des analyses des métaux de base étant encore en attente.
L'entreprise pense que la zone principale du gisement est fortement inclinée vers le nord et plonge vers l'est. La minéralisation reste ouverte le long de la filon et en profondeur, les forages se poursuivant pour tester la continuité de cette large zone.
McFarlane Lake Mining hat bedeutende Bohrergebnisse aus seinem McMillan Gold Mine Projekt bekannt gegeben. Das Bohrloch MLMM-25-04 hat 2,0 gpt Gold über 51,65 Meter getroffen, darunter 3,1 gpt über 21,1 Meter, mit mehreren hochgradigen Zonen, einschließlich 5,5 gpt Gold über 7,55 Meter und 16,1 gpt über 1,6 Meter.
Das Bohren wurde etwa 300 Meter unter der Oberfläche der ehemals produzierenden McMillan Gold Mine durchgeführt, die 70 km westlich von Sudbury, Ontario, liegt. Diese Entdeckung stellt einen 50 Meter großen Schritt von früheren Bohrungen dar. Die Mineralisierung enthält verschiedene sulfidische Minerale, darunter Chalcopyrit, Pyrit, Pyrrhotit und Arsenopyrit, wobei die Ergebnisse der Basismetallanalysen noch ausstehen.
Das Unternehmen geht davon aus, dass die Hauptzone des Erzkörpers steil nach Norden geneigt und nach Osten abtaucht. Die Mineralisierung bleibt entlang der Lagerstätte und in der Tiefe offen, während die Bohrungen fortgesetzt werden, um die Kontinuität dieser breiten Zone zu testen.
- Discovery of wide gold mineralization zone with 2.0 gpt over 51.65m
- High-grade intercepts including 16.1 gpt over 1.6m
- Mineralization remains open along strike and at depth
- Project located near major infrastructure (3km from highways and power lines)
- True widths of mineralization not yet known
- Base metal assay results still pending
Recent Drilling Highlights
McFarlane intersects a second wide zone of gold mineralization in a 50 metre step out approximately 300 m below surface and underneath the past producing McMillan Gold Mine.
Hole MLMM-25-04 intersected 2.0 gpt gold over 51.65 m which included 3.1 gpt over 21.1 m. Within the latter intercept were several higher-grade zones namely 5.5 gpt gold over 7.55 metres including 16.1 gpt over 1.6 m containing 56.3 gpt gold over 0.3 m, and two additional high-grade intercepts of 4.8 gpt gold over 4.4 m and 5.5 gpt gold over 2.8 m.
Drilling continues to test the continuity of this wide zone of gold mineralization, it remains open along strike and at depth
TORONTO, ON / ACCESS Newswire / February 10, 2025 / McFarlane Lake Mining Limited ("McFarlane" or the "Company") (CBOE:MLM)(OTCQB:MLMLF), is excited to announce additional results of recent diamond drilling conducted at its
The McMillan Gold Mine was a past producer of gold and is located within 3 km from major highways and power lines. Located geologically in the Huronian Gold Belt, this area of the province has been consistently identified as a top gold and polymetallic exploration opportunity as highlighted in the Ontario Geological Survey's Recommendation for Exploration between 2010 and 2025.
Figure1.Property Location-McMillan Gold Mine.
Hole MLMM-25-04 was drilled approximately 50 metres below and 20 metres west of hole MLMM-08-05W1 to test a Borehole Electromagnetic (EM) anomaly. Assay results returned 2.0 gpt gold over 51.6 metres, including 3.1 gpt gold over 21.15 metres. The wide zone of mineralization also included three higher-grade intervals of 5.5 gpt gold over 7.55 metres, 5.5 gpt gold over 2.8 metres, and 4.8 gpt gold over 4.4 metres. Drill assay highlights are shown in Table 1. A longitudinal section of the recent drilling is shown in Figure 2, and Figure 3 features a photo of the broad zone of mineralized quartz-sulphide stockwork from hole MLMM-25-04.
Previously announced drill hole MLMM-08-05W1, see news release February 3, 2025, returned 2.7 gpt gold over 31.35 metres including 5.6 gpt gold over 13 metres that contained a higher-grade zone of 10.7 gpt gold over 5 metres. Hole MLMM-08-05W1 and hole MLMM-25-04, reported in this release, have discovered a wide zone of gold mineralization hosted in quartz sulphide stockwork that is open along strike and at depth.
The mineralization quartz stockwork contains a variety of sulphide minerals, including chalcopyrite (a copper-bearing mineral), pyrite, pyrrhotite, and arsenopyrite. Base metal assay results for copper, nickel, and cobalt from both holes are still pending. McFarlane's drill program is still underway and plans to test the continuity of this wide zone of gold mineralization.
"We are excited by what we see", said Mark Trevisiol, CEO of McFarlane Lake Mining, adding "to get high-grade gold intercepts within a wide zone of mineralization is a spectacular result", adding "our team is now focused on exploring this trend with ‘step out' drill holes to test this broad zone of gold mineralization along strike and at depth."
Based on drill and geophysical data from this recent drill program, McFarlane believes the main zone of the ore body is dipping steeply to the north (into the page of Figure 2) and plunging in an eastern (right) direction. Drilling will focus in the exploration area as outlined.
Figure 2. McMillan Mine Longitudinal Section Looking North - Recent and Historic Gold Intercepts and Historic Mine Workings
Figure 3. Photograph of MLMM-25-04 drill core showing the 54-metre zone of mineralized quartz sulphide stockwork.
Table 1. Drilling Assay Highlights
Drill Hole ID | From (m) | To | Interval (1) | Gold Grade |
MLMM-25-04 | 335.65 | 387.30 | 51.65 | 2.0 |
Including | 335.65 | 338.45 | 2.80 | 5.5 |
Including | 335.65 | 336.30 | 0.65 | 20.9 |
And including | 348.70 | 369.85 | 21.15 | 3.1 |
Including | 348.70 | 353.10 | 4.40 | 4.8 |
Including | 351.20 | 353.10 | 1.90 | 8.4 |
And including | 362.30 | 369.85 | 7.55 | 5.5 |
Including | 362.30 | 363.90 | 1.60 | 16.1 |
Including | 362.30 | 362.60 | 0.3 | 56.3 |
MLMM-25-03 | 464.4 | 465.25 | 0.85 | 3.3 |
(1) Thicknesses are core lengths; true widths are not known.
Table 2. Details of drill holes reported in this press release.
Drill Hole | Azimuth | Dip | Length | Easting | Northing |
MLMM-24-03 | 171 | -69 | 570 | 438520 | 5110180 |
MLMM-24-04 | 153 | -54 | 598 | 438520 | 5110180 |
For Further Information, Please Contact:
Mark Trevisiol, Chief Executive Officer
McFarlane Lake Mining Limited
info@mcfarlanelakemining.com
Qualified Person
The scientific and technical information disclosed in this news release was reviewed and approved by Wesley Whymark, P. Geo., Consulting Geologist for the company, and a Qualified Person as defined under National Instrument 43-101.
Technical Information
The drill core samples collected by McFarlane Lake Mining and described in this news release were placed in core boxes by the drill crew contracted by the company. Core was then transported by McFarlane personal to a secure processing facility. The core is then reviewed with core metreage blocks checked to verify core integrity, geologically logged and samples marked. Core samples are cut in half, with one half remaining in the box and the other inserted into a clean plastic bag with a sample tag. Certified reference materials are inserted into the sample stream at a rate no less than
Historical information has been taken from the "Technical Report on the McMillan Gold Mine Property compiled for Garson Resources 2006, by H.R. Butler.
Compliant Resources
McFarlane has compliant gold resources within its property portfolio. In 2023 McFarlane delineated a National Instrument standard 43-101 compliant gold resource for its High Lake Property located 40 kilometres west of Kenora, Ontario near the Ontario/Manitoba border. See Table 1 for the resource statement. https://mcfarlanelakemining.com/news-april-9-mcfarlane-finds-more-gold-extends-gold-mineralization-on-the-purdex-zone/
Table 1: Current Purdex Zone Mineral Resource at 2.6 g/t Au cut-off
Classification | Tonnes | Au | Au (k Oz) |
Indicated | 152 | 9.38 | 45.8 |
Inferred | 287 | 10.43 | 96.2 |
About McFarlane Lake Mining Limited
McFarlane is a gold exploration company focused on the exploration and development of its portfolio of properties. The past producing McMillan and Mongowin gold properties, located 70 km west of Sudbury, Ontario, the past producing West Hawk Lake property located immediately west of the Ontario-Manitoba border, and the High Lake gold property (see Table 1 for resource statement) located immediately east of the Ontario-Manitoba border and 8 km from the West Hawk Lake property. McFarlane also owns the Michaud/Munro mineral property situated 115 km east of Timmins along the so-called "Golden Highway". McFarlane is a "reporting issuer" under applicable securities legislation in the provinces of, British Columbia, Alberta and Ontario.
Additional information on McFarlane can be found by reviewing its profile on SEDAR at www.sedar.com.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release, including without limitation; anticipated results of geophysical surveys or drilling programs, estimated timing, geological interpretations and potential mineral recovery processes. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of McFarlane to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Filing Statement dated as of January 14, 2022, which is available for view on SEDAR at www.SEDAR.com Forward-looking statements contained herein are made as of the date of this press release, and McFarlane disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.
SOURCE: McFarlane Lake Mining Limited
View the original press release on ACCESS Newswire
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