McFarlane Lake Mining Ltd. 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 [...]
US$22 McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, is pleased to announce that it has closed the strategic acquisition of a 100% interest in the Juby Gold Project and 25% joint venture interest in the adjacent Knight property from Aris Mining Holdings Corp. , a wholly-owned subsidiary of Aris Mining Corp. , along with the associated financing transactions. Terms of the Acquisition were [...]
MCFARLANE AMENDS C$12.5 McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company,is pleased to announce the signing of a binding agreement with Total Metals Corp. for the sale of the Company's 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. The total consideration is [...]
McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, is pleased to announce that, further to its press release of August 25, 2025 , its previously announced US$15 million debt financing is now fully subscribed. The proceeds raised pursuant to the Debt Financing will be used to fund the cash portion of the Company's proposed acquisition of the Juby Properties and an interest in the Knight [...]
McFarlane Lake Mining is pleased to announce that it has entered into an agreement in principle for a bridge financing of up to US$15,000,000 with a syndicate of lenders anchored by a lead institutional investor, and, in addition, intends to complete a concurrent non-brokered equity offering of up to US$10,000,000. Bridge Financing The proceeds raised pursuant to the Bridge Financing will be used to fund the cash portion [...]
McFarlane Lake Mining is pleased to provide an update further to its July 7, 2025, announcement regarding its proposed acquisition of the Juby Gold Project. McFarlane has commenced a mineral resource estimate update at the Juby Gold Project and anticipates a material increase in contained gold ounces by using a gold price of $2400-$2800 per/oz USD, lowering the cut of grade to 0.2 g/t and including approximately 10,000 [...]
Juby Gold Project Highlights: 2020 Historical Indicated mineral resource of 773,000 oz of gold in 21,310,000 tonnes with an average grade of 1.13 g/t gold and an inferred mineral resource containing 1.49 million oz of gold in 47,146,000 tonnes with an average grade of 0.98 g/t gold using a cutoff grade of 0.4 g/t gold. Mineral resources were calculated with a $1450 US gold price with significant potential to increase [...]
Aris Mining and McFarlane Lake Mining are pleased to announce the signing of a definitive asset purchase agreement for the sale of Aris Mining's Juby Gold Project and related interests in Ontario, Canada. The total consideration is valued at US$22 million, payable as outlined below. The Juby Gold Project is an exploration-stage gold project located in the Shining Tree area of Ontario's Abitibi greenstone belt. The [...]
McFarlane Lake Mining announces gold assay results from drill hole MLMM-25-11, and announces that it has located a Geophysical Electromagnetic "Superconductor" near hole MLMM-25-11. This drill hole was the last hole of McFarlane's recent exploration drilling program on its 100% owned McMillan Mine property located approximately 70 kilometers west of Sudbury, Ontario. Exploration Highlights Hole MLMM-25-11 intersected 29.5 [...]
McFarlane Lake Minin announces results of recent exploration drilling at its 100% owned McMillan Mine property located approximately 70 kilometres west of Sudbury, Ontario. Exploration Highlights Hole MLMM-25-09 was drilled in an unexplored area west of the McMillan Mine to intersect several overlapping Electro Magnetic Plates or geophysical anomalies . The hole intersected three zones of mineralization returning 13.3 gpt [...]
Following upon the May 5, 2025 announcement McFarlane Lake Mining is pleased to remind shareholders and the investing public that its common shares will begin trading today on the Canadian Securities Exchange under the symbol "MLM" at the opening of markets. The Company's common shares were delisted from the facilities of Cboe Canada Inc. at market close on May 7, 2025. About McFarlane Lake Mining McFarlane Lake is a gold [...]
The common shares of McFarlane Lake Mining have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date. McFarlane Lake Mining Limited is a gold exploration company focused on the exploration and development of its portfolio of properties. The past producing McMillan and Mongowin gold properties, the past producing West Hawk Lake property located [...]
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