ML Gold is pleased to announce it has intersected a 230 metre interval with visual copper and molybdenum at its Stars project in Central BC. This hole was drilled into target area B over 1 kilometre west of the previously reported drilling. While observed mineralization in hole 5 is not visually as intense as in hole 4, it is probable that the mineralization is part of the same system identified 1 km to the east [...]
ML Gold is pleased to report it has mobilized a geophysics crew to the Stars Project. The primary focus of the geophysics program will be to collect detailed airborne magnetic data around the recently drilled "hole 4" which intersected significant visible chalcopyrite mineralization over 300 metres . Recent drilling has discovered the presence of a large copper zone within a porphyry system occurring in host rocks similar [...]
ML Gold is pleased to report it has intersected three long intervals with visible copper sulphide in the second, third, and fourth drill holes at its ongoing program at the Stars Project near the Huckleberry Mine in central BC. Significantly, drill hole four, collared 150 metres to the southeast from drill hole one, and drilling east, has intersected a 300 metre interval, from 25.2 to 325.2 metres depth, with visible [...]
ML Gold is pleased to report it has intersected 311 metres of veined and variably disseminated copper sulphide mineralization consisting predominantly of chalcopyrite in the first drill hole on its Stars Project near the Huckleberry mine, in central BC. Highlights of the first drill hole: DD17SS001 entered bedrock at a depth of 24.4 metres with visible copper oxide mineralization at surface. Downhole, copper sulphide [...]
ML Gold is pleased to announce it has commenced a winter drilling program on its recently acquired Stars property. The Stars property is approximately 40 kilometres south-west of Houston, BC and lies within a highly prosperous porphyry belt passing through central BC. Year-round road access and limited snow accumulations make all-season operations possible. Currently, ML Gold has mobilized a diamond drill rig to the [...]
ML Gold is pleased to announce the closing of its previously announced non-brokered private placement announced November 22nd. Proceeds of the closing of the Private Placement were $1,296,830. The Private Placement consisted of the issuance of 5,841,600 non flow-through units at a price of $0.10 per NFT Unit and 5,482,077 flow-through units at $0.13 per FT Unit. Each NFT Unit at $0.10 is comprised of one common share in [...]
ML Gold is pleased to announce it has signed two separate option agreements for options to acquire up to an 80% interest in a total of 2,136 Hectares of prospective mining claims in the Omineca Mining Division located in north central British Columbia, approximately 40 kilometres south - southwest of Houston . Andy Bowering, Chairman of ML Gold comments "This was a unique opportunity to acquire a strong land position with [...]
ML Gold is pleased to provide an update on all the 2017 Exploration Projects including the Palmetto Gold Project in Esmeralda county, Nevada, USA, Pinnacle Reef Copper Gold and Aspen Gold Projects in Central BC, and the Block 103 Iron Ore Project in Newfoundland and Labrador, Canada. Palmetto Gold Project Ground work began early in 2017 on the Palmetto project which included preliminary field examinations and target [...]
ML Gold is pleased to announce a maiden National Instrument 43-101 Inferred Resource Estimate for the 100% owned Palmetto Epithermal Gold Project in Nevada of 10.1 million tonnes grading 0.95 g/t Au, and 7.29 g/t Ag (1.05 g/t AuEq) containing 310,000 ounces of gold, and 2.4 million ounces of silver for a total of 342,000 AuEq ounces in a pit constrained shell. Beneath the pit constrained resource, there is an initial [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 29, 2017) - ML Gold Corp. (TSX VENTURE:MLG)(FRANKFURT:X0VN) ("ML Gold" or the "Company") is pleased to announce that it has initiated the maiden resource estimation on the Company's Palmetto Gold Project in Nevada. The Company engaged the engineering firm WSP Canada Inc. (WSP) to complete the resource estimation and a NI 43-101 Technical Report. WSP has a comprehensive and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 27, 2017) - ML Gold Corp. (TSX VENTURE:MLG)(FRANKFURT:XOVN.F) ("ML Gold" or the "Company") reports results from an additional 4 holes of the phase I drill program at its wholly owned Palmetto Gold Project in Nevada, where a first ever gold resource is being calculated. Drilling by ML Gold has seen a high success ratio with almost all holes encountering significant [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 16, 2017) - ML Gold Corp. (TSX VENTURE:MLG)(FRANKFURT:XOVN.F) ("ML Gold" or the "Company") reports it will complete a non-brokered private placement of flow-through shares to raise aggregate gross proceeds of $306,000. The flow-through offering will comprise 1,800,000 flow-through shares, at a price of 17 cents per flow-through share. The proceeds from the sale of the [...]
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