McFarlane Intersects High-Grade Gold 200 Meters Below Surface at Its McMillan Mine Property – Recent Geophysics Reveals Off-Hole "Superconductor"
McFarlane Lake Mining (OTCQB:MLMLF) has announced significant gold discoveries at its McMillan Mine property near Sudbury, Ontario. The company's drill hole MLMM-25-11 intersected 29.5 meters of 1.3 gpt gold approximately 200 meters below surface, including a high-grade core of 20.1 gpt gold over 1.45m within 6.6 gpt gold over 4.55m.
A notable discovery includes a geophysical electromagnetic "Superconductor" near hole MLMM-25-11, located 180m below surface, with conductance levels of 50,000 to 100,000 Siemens, significantly higher than previous findings of 500-1,000 Siemens. The company has also confirmed strong continuity of gold mineralization over a 500m plunge length in the McMillan Gold Structure.
McFarlane Lake Mining (OTCQB:MLMLF) ha annunciato importanti scoperte d'oro nella sua proprietà McMillan Mine vicino a Sudbury, Ontario. Il sondaggio MLMM-25-11 ha intercettato 29,5 metri con 1,3 gpt di oro a circa 200 metri di profondità, includendo un nucleo ad alta concentrazione di 20,1 gpt di oro su 1,45m all'interno di 6,6 gpt di oro su 4,55m.
Una scoperta rilevante comprende un "Superconduttore" elettromagnetico geofisico vicino al foro MLMM-25-11, situato a 180m di profondità, con livelli di conduttanza di 50.000 a 100.000 Siemens, molto superiori ai precedenti 500-1.000 Siemens. L'azienda ha inoltre confermato una forte continuità della mineralizzazione aurifera su una lunghezza di immersione di 500m nella struttura aurifera McMillan.
McFarlane Lake Mining (OTCQB:MLMLF) ha anunciado importantes descubrimientos de oro en su propiedad McMillan Mine cerca de Sudbury, Ontario. El taladro MLMM-25-11 interceptó 29,5 metros con 1,3 gpt de oro aproximadamente a 200 metros bajo la superficie, incluyendo un núcleo de alta ley de 20,1 gpt de oro sobre 1,45m dentro de 6,6 gpt de oro sobre 4,55m.
Un descubrimiento notable incluye un "Superconductor" electromagnético geofísico cerca del pozo MLMM-25-11, ubicado a 180m bajo la superficie, con niveles de conductancia de 50,000 a 100,000 Siemens, significativamente más altos que los anteriores 500-1,000 Siemens. La compañía también ha confirmado una fuerte continuidad de la mineralización de oro sobre una longitud de inmersión de 500m en la estructura de oro McMillan.
McFarlane Lake Mining (OTCQB:MLMLF)는 온타리오주 서드버리 인근의 맥밀란 광산 부지에서 중요한 금 발견을 발표했습니다. 회사의 시추공 MLMM-25-11은 지표면 약 200미터 아래에서 29.5미터 구간에 1.3 gpt 금을 관통했으며, 그 중 1.45m 구간에 20.1 gpt 고등급 금이 4.55m 구간에 6.6 gpt 금과 함께 포함되어 있습니다.
주목할 만한 발견으로는 MLMM-25-11 시추공 근처 지하 180m 지점에 위치한 지구물리학적 전자기 "초전도체"가 있으며, 전도도 수준이 50,000에서 100,000 Siemens로 이전의 500-1,000 Siemens보다 훨씬 높습니다. 회사는 또한 맥밀란 금 구조 내에서 500m 플런지 길이에 걸친 금 광물화의 강한 연속성을 확인했습니다.
McFarlane Lake Mining (OTCQB:MLMLF) a annoncé d'importantes découvertes d'or sur sa propriété McMillan Mine près de Sudbury, en Ontario. Le forage MLMM-25-11 a intercepté 29,5 mètres à 1,3 g/t d'or à environ 200 mètres sous la surface, incluant un noyau à haute teneur de 20,1 g/t d'or sur 1,45m au sein de 6,6 g/t d'or sur 4,55m.
Une découverte notable inclut un "Superconducteur" électromagnétique géophysique près du trou MLMM-25-11, situé à 180m sous la surface, avec des niveaux de conductance de 50 000 à 100 000 Siemens, bien supérieurs aux précédents 500-1 000 Siemens. La société a également confirmé une forte continuité de la minéralisation aurifère sur une longueur de plongée de 500m dans la structure aurifère McMillan.
McFarlane Lake Mining (OTCQB:MLMLF) hat bedeutende Goldfunde auf seinem McMillan Mine-Gelände in der Nähe von Sudbury, Ontario, bekanntgegeben. Das Bohrloch MLMM-25-11 durchteufte 29,5 Meter mit 1,3 g/t Gold etwa 200 Meter unter der Oberfläche, einschließlich eines hochgradigen Kerns mit 20,1 g/t Gold über 1,45m innerhalb von 6,6 g/t Gold über 4,55m.
Eine bemerkenswerte Entdeckung ist ein geophysikalischer elektromagnetischer „Supraleiter“ in der Nähe des Bohrlochs MLMM-25-11, der sich 180 m unter der Oberfläche befindet und Leitfähigkeitswerte von 50.000 bis 100.000 Siemens aufweist, deutlich höher als die bisherigen 500-1.000 Siemens. Das Unternehmen hat zudem eine starke Kontinuität der Goldmineralisierung über eine 500 m lange Streichlänge in der McMillan Goldstruktur bestätigt.
- High-grade gold intersection of 20.1 gpt over 1.45m within broader mineralization
- Discovery of high-conductance Superconductor (50,000-100,000 Siemens) indicating potential mineralization
- Confirmed gold mineralization continuity over 500m plunge length
- 7-kilometer strike length potential along House Lake and Fox Lake fault system
- Surface discoveries support potential extension of gold mineralization trend
- Limited drilling coverage of only 300-400m along the 7km strike length
- True widths of gold intersections are not yet known
- Hole MLMM-25-10 returned lower grade gold values
6.6 grams per tonne (gpt) gold over 4.55m within 29.5m of 1.31 gpt gold
TORONTO, ON / ACCESS Newswire / July 3, 2025 / McFarlane Lake Mining Limited (CSE:MLM)(OTCQB:MLMLF) ("McFarlane" or "the Company"), a Canadian gold exploration company, today announces gold assay results from drill hole MLMM-25-11, and announces that it has located a Geophysical Electromagnetic (EM) "Superconductor" near hole MLMM-25-11. This drill hole was the last hole of McFarlane's recent exploration drilling program on its
Exploration Highlights
Hole MLMM-25-11 intersected 29.5 meter ("m") of 1.3 gpt gold, confirming additional wide gold mineralization at McMillan 200m below surface. A high-grade core of 20.1 gpt gold over 1.45m within 6.6 gpt gold over 4.55m was also present (see Table 1 and Figure 1).
Strong continuity of the wide gold mineralization over a 500m plunge length has now been established in the McMillan Gold Structure.
A "Superconductor" located off hole MLMM-25-11 was discovered from a recent downhole EM survey 180m below surface. This superconductor will be tested with future diamond drilling. A superconductor in geophysics has an electrical conductance of 50,000 to 100,000 Siemens. Some of the past Siemen levels detected on the McMillan property ranged from 500 to 1,000 Siemens, with all these EM anomalies having intersected gold mineralization.
Multiple New EM plates identified at depth off hole MLMM-25-09, which continue to indicate the extension of gold mineralization to the west and at depth (see the announcement date May 27, 2025)
Figure 1 - McMillan Property- Longitudinal Section looking North
Table 1 - Exploration drilling Gold Intercepts
1) Thicknesses are core lengths; true widths are not known.
Mark Trevisiol, CEO and Chairman of McFarlane Lake Mining commented, "Our team has demonstrated that we have good continuity of gold mineralization stretching over 500 meters on the House Lake fault system at McMillan Mine. The House Lake Fault and Fox Lake Fault system extends for over 7 kilometers along strike with numerous past gold producing sites near surface along this fault system (see announcement April 23, 2024) Having only drilled about 300 to 400m along strike, there is good potential to find a lot more gold mineralization along this strike and at depth."
Hole MLMM-25-11 intersected gold mineralization approximately 200 meters below surface to the east of the historic mine workings. The extension of this zone to surface, which has not been previously explored, will be tested in future drilling. Recent prospecting in this area has discovered quartz sulphide stockwork on surface. Samples from this area appear visually similar to the zones of gold mineralization intersected in drilling and support the potential to extend the trend of gold mineralization to surface as shown in Figure 1.
Hole MLMM-25-10 results return wide zone with lower grade gold values per Table 1.
Table 2. Details of drill holes reported in this press release.
Drill Hole | Azimuth | Dip | Length | Easting | Northing |
MLMM-25-09 | 180 | -83 | 570 | 438482.3 | 5110066 |
MLMM-25-10 | 168 | -56 | 480 | 438493.5 | 5110215 |
MLMM-25-11 | 178 | -63 | 300 | 438679.2 | 5110068 |
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 personnel 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
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 (click on http//www.mcfarlanelakemining.com/properties/ for compliant high grade gold resource statement on High Lake) located 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 or at on its website at www.mcfarlanelakemining.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 Company's Annual Information Form dated November 27, 2024, which is available for view on SEDAR+ profile at www.sedarplus.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
FAQ
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