McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, today announces that it has been granted an exploration permit from the Ontario Ministry of Mines, for its McMillan Mine property located approximately 70 kilometers east of Sudbury, Ontario . The property is located on the traditional lands of the First Nation communities of Atikameksheng Anishnawbek , Whitefish River FN and Sagamok [...]
Recent field sample of 87.4 gpt gold and 0.59% copper demonstrating strong potential for high grade gold and polymetallic mineralization at past producing McMillan Gold Mine Fully funded 3,000 metre winter drill program commencing in Q4 2024 Drilling to confirm and expand on numerous historic high grade gold intercepts including an intercept of 27.9 m of 6.4 gpt gold containing 8.1 metres of 15.7 gpt gold Multiple [...]
McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, is pleased to announce that on Thursday, June 27, 2024, it closed the final tranche of its previously announced non-brokered private placement offering of units of the Company and flow-through shares of the Company on May 16, 2024 . The Final Tranche consisted of 8,266,666 Units at a price of $0.045 per Unit and 200,000 FT Shares at a price [...]
McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, is pleased to announce it has applied for an early exploration permit on it's McMillan Mine and Mongowin properties' located 70 kilometers west of Sudbury, Ontario . The McMillan Mine and Mill produced over 10,000 ounces of gold in the 1930's. More recently drilling returned high grade historical gold intercepts in areas below old mine [...]
McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, is pleased to announce that on Friday, June 7, 2024, it closed the first tranche of its previously announced non-brokered private placement offering of units of the Company and flow-through shares of the Company on May 16, 2024 . The First Tranche consisted of 10,556,443 Units at a price of $0.045 per Unit and 13,900,000 FT Shares at a price [...]
McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, today announced that it intends to offer for sale, on a non-brokered private placement basis: up to 22,222,222 units of the Company at a price of C$0.045 per Unit; and up to 20,000,000 flow-through shares of the Company at a price of C$0.05 per FT Share, in any combination, to raise collective aggregate gross proceeds of up to C$1,000,000 [...]
McFarlane Lake Mining Ltd. , a Canadian mineral exploration and development company, is pleased to provide an update on the recent exploration activities at its past producing McMillan Gold mine 70 km west of Sudbury. McFarlane contracted Dan Patrie Exploration Ltd. to provide geophysical services to conduct an Induced Polarized geophysical survey on the property. An IP survey is typically used where gold is found within [...]
McFarlane Lake Mining Ltd. , a Canadian mineral exploration and development company, is pleased to provide an update on the recent exploration drilling progress made at the Company's High Lake property in Ontario, near the Ontario-Manitoba Border, 40 kilometers west of Kenora, Ontario. At High Lake Drilling in hole MLHL-23-50 and hole MLHL-24-53 have both intersected gold extending the gold mineralization from its [...]
McFarlane Lake Mining Ltd. , a Canadian mineral exploration and development company, is pleased to announce the completion of a surface and subsurface Prospectivity Analysis performed by Mercator Geological Services on McFarlane's 100% owned High Lake property with the use of Artificial Intelligence . "The information this study provides will be valuable as we continue to work on expanding the resource at High Lake," said [...]
With historical intercept of 168 grams per tonne gold over 2.4 metres McFarlane Lake Mining Ltd. :MLM), a Canadian mineral exploration and development company, is pleased to announce the addition of four additional claims on its High Lake property extending its property position in an area with known gold zones and their extensions in the northwest of the current property package. The claims increase McFarlane's land [...]
Presenting in the Corporate Presentation Forum for Investors on March 5, 2024 McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, announces that it has been selected by the Prospectors & Developers Association of Canada 2024 technical committee to display drill core from its High Lake gold project located near Kenora, Ontario at the PDAC Convention's Core Shack. The Core Shack is a distinct [...]
McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, announces that the Company's board of directors has approved: the grant of 5,650,000 stock options to certain directors, officers and consultants of the Company; and the grant of 3,600,000 restricted shares units to certain consultants of the Company, each in accordance with the rules of Cboe Canada and the applicable plan. The Options are [...]