Copper Lake Resources Ltd. today announced that it has staked the Summit Lake Property, located immediately west of the Company’s high-grade VMS Marshall Lake Property. Summit Lake Property In the summer of 2018, the Company staked additional property as part of a program to expand the Company’s interests with a focus on creating a regional play. The Summit Lake Property was staked based on recommendations [...]
Copper Lake Resources Ltd. is pleased to provide an update on its activities, including the 100% owned Sollas Lake Property. Sollas Lake Property In the summer of 2018, the Company staked additional property as part of a program to expand the Company’s interests with a focus on creating a regional play. The Sollas Lake Property currently consists of 20 claim cells comprising an area of 4.1 square km, is accessible [...]
Copper Lake Resources Ltd. is pleased to provide an update on its high-grade VMS copper, zinc, silver and gold Marshall Lake Project as well as recent and near-term corporate activities. Marshall Lake Project Update The Company completed a drill program in 2018 that was designed to test three VTEM conductors and other targets derived from a comprehensive compilation of historic data undertaken between 2014 and 2017. A [...]
Copper Lake Resources is pleased to announce the results of the recent field program on the previously producing Queen Alexandra Gold Property, located 47 km south of Dryden, Ontario. Figure 1: Queen Alexandra Gold Mine Project Location Figure 2: Location of Historical Production Shaft at QueenAlexandra Gold Mine Project Highlights: Sampling of the veining from the Queen Alexandra shaft returned assays of up to 45.00 g/t [...]
Copper Lake Resources is pleased to announce that prospecting, mapping and trenching has commenced on the optioned Mine Lake gold property located near the community of Savant Lake, Ontario, approximately 230 km northwest of Thunder Bay, Ontario. Selected Project Locations Over Simplified Geology. Mine Lake Property Highlights Contains 3 contiguous prospect areas: Mine Lake, Thomas Lake and Stewart-Contact prospects [...]
Copper Lake Resources today announced that it will begin prospecting, mapping and stripping on their optioned Queen Alexandra Gold Property, a past gold producer, located 47 km south of Dryden, Ontario. Recent grab samples* taken from the waste dump near the old mine shaft returned gold assays of 28.80 g/t Au, 89.30 g/t Au, 140.80 g/t Au and 340.80 g/t Au. Random grab samples taken from a trench located 25 m from the main [...]
TORONTO, June 26, 2018 -- Copper Lake Resources Ltd. today announced that it has increased its land position by staking an additional 192 claim cells on its eastern and western boundaries. The staking consolidates known extensions of the Marshall Lake felsic volcanic complex and overlying iron formation. Encouraging results from the recently completed 14-hole winter drilling program highlight potential of this [...]
TORONTO, May 23, 2018 -- Copper Lake Resources Ltd. today announced results of its winter drilling program on the Marshall Lake copper-zinc-silver-gold property located 250 km northeast of Thunder Bay, Ontario, and comprised of 10,430 hectares. HIGHLIGHTS Massive Sulphides – Billiton Main Zone 30 metre Step Out 1.0 m @ 3.20% Cu, 8.35% Zn, 367.00 g/t Ag and 8.01 g/t Au in hole MAR-18-07 Near Surface Copper Stringer [...]
TORONTO, March 20, 2018 -- Copper Lake Resources today announced that it has engaged CHF Capital Markets , a highly-regarded Canadian investor relations and capital markets firm. Terry MacDonald, CEO of Copper Lake Resources, commented: “We are very excited to begin working with CHF Capital Markets to increase interest in our Company’s activities as we position ourselves to take advantage of the increasing [...]
TORONTO, March 02, 2018 -- Copper Lake Resources Ltd. is pleased to announce that drilling has commenced on its Marshall Lake property located 250 kilometres north East of Thunder Bay, Ontario. The purpose of the program is to test three VTEM conductors identified in a comprehensive compilation of previous work on the property conducted in 2014-2017. Each target is related to previously detected, shallow Cu-Zn-Ag-Au [...]
TORONTO, Feb. 28, 2018 -- Copper Lake Resources Ltd. is pleased to announce that it has closed the second and final tranche of its non-brokered private placement of units first announced on December 14, 2017 raising a total of $770,500 . On December 28, 2017, the Company announced the closing of the first tranche of the private placement for aggregate gross proceeds of $350,000 by way of the issuance and sale of 7,000,000 [...]
TORONTO, Jan. 30, 2018 -- Copper Lake Resources Ltd. is pleased to announce that its previously announced non-brokered private placement has been extended to March 1, 2018, and increased to 12,000,000 Flow-Through Units and 3,000,000 Non Flow-Through Units to raise gross proceeds of up to $750,000 . Each FT Unit will be issued at $0.05 and will consist of one flow-through common share and one-half of one common share [...]