McFarlane Lake Mining Submits Exploration Permit Application and Initiates Environmental Baseline Study at Juby Gold Project
McFarlane Lake Mining (OTC:MLMLF) submitted an Exploration Permit to the Ontario Ministry of Mines for the Juby Gold Project on October 6, 2025, enabling up to 10,000 metres of drilling expected to start before year-end.
The campaign will include IP and magnetic geophysical surveys to refine targets. McFarlane has also begun an environmental baseline study to support future permitting, advance a first closure plan, and position for an Advanced Exploration Permit that could allow bulk sampling and offsite shipment of initial high‑grade ore. An updated Mineral Resource Estimate is expected in the coming days. The company describes the project as hosting a near‑surface gold resource (non‑compliant with NI 43‑101).
McFarlane Lake Mining (OTC:MLMLF) ha presentato un Permesso di Esplorazione al Ministero delle Miniere dell'Ontario per il Progetto Oro Juby il 6 ottobre 2025, autorizzando fino a 10.000 metri di trivellazione attesa per iniziare entro la fine dell'anno.
La campagna includerà rilievi geofisici IP e magnetici per affinare gli obiettivi. McFarlane ha avviato anche uno studio di baseline ambientale per supportare i futuri permessi, avanzare un primo piano di chiusura e posizionarsi per un Permesso di Esplorazione Avanzato che potrebbe consentire campionamento in bulk e spedizioni fuori sito del primo minerale ad alto tenore. Una Stima delle Risorse Minerarie aggiornata è attesa nei prossimi giorni. L'azienda descrive il progetto come ospitante una risorsa aurifera a profondità prossime alla superficie (non conforme NI 43-101).
McFarlane Lake Mining (OTC:MLMLF) presentó un Permiso de Exploración al Ministerio de Minas de Ontario para el Proyecto de Oro Juby el 6 de octubre de 2025, autorizando hasta 10,000 metros de perforación que se espera comiencen antes de fin de año.
La campaña incluirá sondeos geofísicos IP y magnéticos para refinar los objetivos. McFarlane también ha comenzado un estudio de línea de base ambiental para respaldar permisos futuros, avanzar un primer plan de cierre y posicionarse para un Permiso de Exploración Avanzado que podría permitir muestreo a granel y el envío fuera del sitio del primer mineral de alto grado. Se espera una estimación de recursos minerales actualizada en los próximos días. La empresa describe el proyecto como poseedor de un recurso aurífero de profundidad cercana a la superficie (no conforme con NI 43-101).
McFarlane Lake Mining (OTC:MLMLF) 은 2025년 10월 6일 온타리오 광물부에 탐사 허가를 제출하여 Juby 골드 프로젝트에 대해 연말 이전에 시작될 것으로 예상되는 최대 10,000미터의 시추를 허용합니다.
이 탐사 캠페인에는 목표를 정교하게 다듬기 위한 IP 및 자력(자기) 지구물리 조사가 포함됩니다. McFarlane은 또한 향후 허가를 지원하고 최초 폐쇄 계획을 추진하며 대량 샘플링 및 초기 고품위 광석의 현장 외 운송을 허용할 수 있는 고급 탐사 허가를 위한 환경 기초 연구를 시작했습니다. 향후 며칠 내에 광물 자원 추정의 업데이트가 예상됩니다. 이 프로젝트는 NI 43-101에 비적합한 표면에 가까운 금 자원을 보유하고 있다고 회사가 설명합니다.
McFarlane Lake Mining (OTC:MLMLF) a soumis un permis d'exploration au Ministère ontarien des Mines pour le projet aurifère Juby le 6 octobre 2025, autorisant jusqu'à 10 000 mètres de forage prévu pour commencer avant la fin de l'année.
La campagne comprendra des relevés géophysiques IP et magnétiques pour affiner les cibles. McFarlane a également commencé une étude de référence environnementale pour soutenir les futurs permis, faire progresser un premier plan de fermeture et se positionner pour un Permis d'exploration avancé qui pourrait permettre des échantillonnages en vrac et l'expédition hors site du premier minerai à haute teneur. Une estimation des ressources minérales mise à jour est attendue dans les prochains jours. L'entreprise décrit le projet comme hébergeant une ressource aurifère de profondeur proche de la surface (non conforme NI 43-101).
McFarlane Lake Mining (OTC:MLMLF) hat dem Ontario Ministry of Mines am 6. Oktober 2025 einen Explorationsgenehmigung für das Juby-Goldprojekt vorgelegt, die bis zu 10.000 Metern Bohrungen erlaubt, voraussichtlich vor Jahresende zu beginnen.
Die Kampagne wird IP- und magnetische geophysikalische Untersuchungen umfassen, um Ziele zu präzisieren. McFarlane hat auch eine Umwelt-Baseline-Studie begonnen, um zukünftige Genehmigungen zu unterstützen, einen ersten Stilllegungsplan voranzutreiben und sich für eine Advanced Exploration Permit zu positionieren, die Probenahmen in Bulk und den Versand des ersten hochgradigen Erzes außerhalb des Standorts ermöglichen könnte. Eine aktualisierte Mineralressourcenschätzung wird in den kommenden Tagen erwartet. Das Unternehmen beschreibt das Projekt als Träger einer oberflächennahen Goldressource (nicht konform mit NI 43-101).
McFarlane Lake Mining (OTC:MLMLF) قد قدمت تصريح استكشاف إلى وزارة المناجم في أونتاريو لمشروع الذهب Juby في 6 أكتوبر 2025، مما يسمح حتى 10,000 م من الحفريات من المتوقع أن تبدأ قبل نهاية السنة.
ستشمل الحملة مسوحات جيوفزيائية IP ومغناطيسية لتحسين الأهداف. بدأت McFarlane أيضاً دراسة خط الأساس البيئي لدعم التصاريح المستقبلية، تقدم خطة إغلاق أولية وتضع نفسها للحصول على تصريح استكشاف متقدم قد يسمح بالخَزْن بالجملة وشحن الخام عالي الجودة خارج الموقع.
من المتوقع تحديث تقدير الموارد المعدنية خلال الأيام المقبلة. تصف الشركة المشروع بأنه يحتوي على مورد ذهب قريب من السطح (غير متوافق مع NI 43-101).
McFarlane Lake Mining (OTC:MLMLF) 于 2025 年 10 月 6 日向安大略省矿业部提交了一个 勘探许可，用于 Juby 金矿项目，允许最多 10,000 米的钻探，预计在年内前开始。
该勘探将包括 IP 与磁力地球物理勘测以优化目标。McFarlane 还开始了一项 环境基线研究来支持未来许可、推进初步关闭计划，并为可能允许大规模采样和将初始高品位矿石运往场外的 高级勘探许可做准备。预计在未来几天内公布更新的 矿产资源评估。公司将该项目描述为拥有一个近地表的金资源（不符合 NI 43-101）。
- 10,000 metres drilling program planned before year‑end
- Started environmental baseline study to advance permitting
- Geophysics (IP and Magnetic) to refine drill targets
- Expected updated Mineral Resource Estimate in coming days
- Existing gold resource is non‑compliant with NI 43‑101
- Drilling timeline: commence before year‑end (near‑term schedule risk)
- Advanced Exploration Permit (bulk sampling) is not yet granted
TORONTO, ON / ACCESS Newswire / October 6, 2025 / McFarlane Lake Mining Limited (CSE:MLM) ("McFarlane Lake" or the "Company" or "McFarlane") is pleased to announce that it has submitted an Exploration Permit for its flagship Juby Gold Project, located near Gowganda, Ontario, one of the most prospective and underexplored regions within the Abitibi Greenstone Belt. The permit - submitted through the Ontario Ministry of Mines- supports the Company's plans for up to 10,000 metres of drilling that is expected to commence before year-end and target multiple high-priority zones across the property.
The upcoming exploration campaign will also include geophysical surveys, including Induced Polarization (IP) and Magnetic surveys, to refine and expand drill targets and better define near-surface and deeper mineralized trends.
In parallel with exploration permitting, McFarlane has initiated an environmental baseline study, a key step towards responsible development, advancing future production permitting timetables and further de-risking the Juby Gold Project. The study will set the foundation for McFarlane's first closure plan and pave the way toward an Advanced Exploration Permit, a critical step that would allow for bulk sampling and the potential shipment of initial high-grade ore from the Juby Gold Project for processing offsite.
"The submission of our exploration permit marks an important step forward for the Juby Gold Project," said Mark Trevisiol, CEO of McFarlane Lake Mining. "We are aligning our exploration plans with strong environmental stewardship and regulatory compliance as we advance development and de-risk this highly prospective gold asset."
The Juby Gold Project hosts a significant near-surface gold resource (Non-compliant NI 43-101 resource, see note below) with strong potential for expansion both along strike and at depth. The upcoming drill program is designed to expand known mineralization, test high-priority targets, and improve resource confidence across the deposit area.
The Company will provide further updates as they become available.
McFarlane is also expecting to release an updated Mineral Resource Estimate on the property in the coming days.
For further information visit www.mcfarlanelakemining.com, or contact:
Mark Trevisiol,
Chief Executive Officer, President and Director
McFarlane Lake Mining Limited
info@mcfarlanelakemining.com
About McFarlane Lake Mining Limited
McFarlane Lake is a gold exploration company focused on exploring and advancing the Juby Gold project near Gowganda, Ontario. The Juby Gold project has a non-compliant (NI 43-101 compliant) inferred resource of 3.17 Million of gold @ 0.98 gpt of gold and Indicated resources 773,000 ounces of gold @ 1.13 gpt of gold. These resources are detailed in the "Technical Report on the Update Mineral Resource Estimate on the Juby Gold Project", co-authored by GeoVector Management and SGS Geological Services having an effective date of July 14, 2020. McFarlane is currently updating these historical resources to be fully compliant to NI 43-101 standards using current long term gold pricing.
McFarlane's other properties include and the past producing McMillan Gold Mine property and Mongowin gold property located 70 km west of Sudbury, Ontario. The exploration of the High Lake mineral property located immediately east of the Ontario-Manitoba border and the West Hawk Lake mineral property located immediately west of the Ontario-Manitoba border. In addition, McFarlane Lake owns the Michaud/Munro mineral properties 115 km east of Timmins. McFarlane Lake is a "reporting issuer" under applicable securities legislation in the provinces of Ontario, British Columbia and Alberta.
Readers are cautioned to refer to the "Cautionary Note Regarding Historical Estimates," and all other disclaimers included in this news release for important information regarding the limitations and verification status of the data presented above and elsewhere herein.
Additional information on McFarlane Lake can be found by reviewing its profile on SEDAR+ at www.sedarplus.com
Historical Technical Data
Under NI 43-101 guidelines the technical data regarding resources and information which supports these provided in this announcement is considered to be historical. The data and information were taken from a report titled "Technical Report on the Update Mineral Resource Estimate on the Juby Gold Project", co-authored by GeoVector Management and SGS Geological Services having an effective date of July 14, 2020. Per the 2020 report, the Juby property had Inferred resources 1,488,000 ounces of gold @ 0.98 gpt indicated resources 773,000 ounces of gold @ 1.13 gpt.
Qualified Person
The scientific and technical information disclosed in this news release was reviewed and approved by Wesley Whymark P. Geo, consulting geologist to the company and Mark Trevisiol, P.Eng., an officer of the company. Both individuals are a "qualified person" as defined under NI 43-101. Where historical information has not been verified, the report is clearly indicated.
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, including but not limited to the Proposed Acquisition, the terms and timing thereof, any related financing plans, the requirement for shareholder approval, and the anticipated method of obtaining such approval (if required), as well as the Company's intentions with respect to regulatory approvals, including acceptance by the CSE. 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. 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 "Risks Factors" in the Company's Annual Information Form dated as of November 27, 2024, which is available for view on SEDAR+ at www.sedarplus.com. These risks and uncertainties include, but are not limited to, risks related to the ability to obtain necessary regulatory approvals (including final acceptance of the Proposed Acquisition by the CSE), risks related to financing arrangements and market conditions, and risks generally associated with the execution of business transactions in the mining sector.
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
What did McFarlane Lake Mining (MLMLF) file on October 6, 2025?
How much drilling does MLMLF plan at Juby and when will it start?
What surveys will MLMLF run to refine Juby drill targets?
What is the purpose of the environmental baseline study at Juby?
Will MLMLF be able to bulk sample or ship ore from Juby now?
Is the current Juby resource NI 43‑101 compliant?
When will MLMLF publish an updated Mineral Resource Estimate for Juby?
