ML Gold Corp. is pleased to report that it has extended the open-ended mineralization at the Tana Zone on its Stars Project in central BC, Canada. Vein-hosted and disseminated copper mineralization has been intersected in Holes 11, 12 and 13 which were drilled as 100 metre step-out holes from the previously reported hole 10. Additional assays from holes 14, 15 and 16 are currently being processed. Highlights: Hole 13 [...]
ML Gold Corp. is pleased to announce that crews are now back in the field drilling at the Stars project following a temporary break as a result of the abnormal wildfire season in central BC. Drilling is set to continue through October and will target the newly identified porphyry and the related fluid "conduit" responsible for copper mineralization on the Stars project. New hydrothermal breccias identified in drill core [...]
ML Gold Corp. is pleased to announce that its ongoing drilling program at the Stars project has intersected over 400 metres of copper mineralization extending the entire length of Hole 10 , ending in mineralization at a final depth of 490m. The mineralization is characterized by variably silicified and potassic altered feldspar porphyry intrusions containing coarse and fine grained disseminations of chalcopyrite, in a [...]
ML Gold is pleased announce that drill crews have been mobilized on site to begin a 4000 metre, 10 hole summer drilling campaign as part of a follow-up Phase 2 drilling program at the Stars copper porphyry project in central BC. This drill program expands on the successful Phase 1 program completed. Zone 4 Area Following ML Gold's recent financing the Company will continue drilling Hole 8 . The Company previously elected [...]
ML Gold is pleased to announce the closing of its previously announced non-brokered private placement announced June 13, 2018. Proceeds of the closing of the Private Placement are $1,624,000. The Private Placement consisted of the issuance of 12,737,500 non flow-through units at a price of $0.08 per NFT Unit and 6,050,000 flow-through units at $0.10 per FT Unit. Each NFT Unit at $0.08 is comprised of one common share in [...]
ML Gold has provided an update to the terms of the financing it announced on May 10, 2018. The Company is now using its best efforts to raise an aggregate of up to $1,600,000. The total is an increase of $600,000 from that originally announced. The flow-through offering will now be comprised of up to 5,000,000 flow-through units, at a price of $0.10 per flow-through unit, for gross proceeds of up to $500,000. Each [...]
ML Gold announces it has received permits to conduct step-out drilling at the Stars Project in Central BC. The fully permitted drilling will continue to test the newly identified copper-molybdenum-gold-silver porphyry system under-cover at the Stars Property. Drilling will be dual purposed, focusing on expanding the high grade copper mineralization identified within the recently announced DD18SS004 area , and separately [...]
ML Gold is pleased to announce the filing on SEDAR of a technical report supporting its maiden resources estimate for its 100% owned Palmetto Gold Project originally announced October 2, 2017. The Technical Report is entitled "Palmetto Resource Estimation and Technical Report" effective April 26, 2018 . The Technical Report was authored by an independent Qualified Person as defined by National Instrument 43-101 Standards [...]
ML Gold is pleased to announce a non-brokered private placement to raise total gross proceeds of CDN$1,000,000. The Company will issue 4,000,000 non flow-through units at $0.10 per unit and 5,000,000 flow-through units at $0.12 per unit. Each non flow-through unit at $0.10 comprises one common share in the capital of the Company and one full non-transferable share purchase warrant. Each warrant is exercisable into one [...]
ML Gold is pleased to announce it has expanded the footprint of copper and molybdenum mineralization in its first drillhole of the spring program "Hole 7" testing into the new Central Target area. This hole confirms the presence of a large scale porphyry system and potentially significant molybdenum plus copper mineralization indicating a higher temperature setting within the Central Target area. A plan map with drilling [...]
ML Gold is pleased to announce it has recommenced its diamond drilling program at the Stars Property in Central BC. The current drilling program intends to test magnetic targets within the recently identified Central target area and expand the newly discovered Zone 4 where ML Gold's recent drill hole DD18SS004 intersected 204 meters at 0.5% copper equivalent from surface . Current Drilling Targets at Stars Project Central [...]
ML Gold is pleased to announce a new discovery on its Stars project where hole 4 has intersected 0.45% Copper over 204 metres including 1.02% CuEq over 40.2m from surface. New drill sites are currently being planned to expand from hole 4 and test the newly identified "central" target area . The Stars project is ideally located in central British Columbia in the heart of the province's prolific porphyry belt. STARS [...]
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