sur McFarlane Lake Mining Limited (NASDAQ:MLMLF)
McFarlane Lake Receives Exploration Permit on Its McMillan Gold Mine Property
McFarlane Lake Mining Limited (NEO:MLM) has obtained an exploration permit from the Ontario Ministry of Mines for its McMillan Mine property, located 70 kilometers east of Sudbury. The property lies on traditional lands of the Atikameksheng Anishnawbek, Whitefish River, and Sagamok Anishnawbek First Nations, as well as the Metis Nation of Ontario.
The permit allows for activities including line-cutting, geophysical surveys, and diamond drilling. McFarlane plans an initial 3,000-meter diamond drilling program. Recent surface sampling results showed 87.4 gpt gold and 0.59% copper. Field preparations will start in September, with drilling commencing in November and continuing into early 2025.
The drilling program aims to confirm and expand on historic high-grade gold intercepts, including 27.9 meters of 6.4 gpt gold, with sections containing 8.1 meters of 15.7 gpt gold. More details are available on the company’s website.
R. E.
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