McFarlane Lake Mining announced that it intends to offer for sale, on a non-brokered private placement basis: up to 20,000,000 units of the Company at a price of C$0.05 per Unit; and up to 14,285,714 flow-through shares of the Company at a price of C$0.07 per FT Share, to raise collective aggregate gross proceeds of up to C$1,000,000. The FT Shares will qualify as "flow-through shares" within the meaning of subsection 66 [...]
Recent Drilling Highlights McFarlane intersects a second wide zone of gold mineralization in a 50 metre step out approximately 300 m below surface and underneath the past producing McMillan Gold Mine. Hole MLMM-25-04 intersected 2.0 gpt gold over 51.65 m which included 3.1 gpt over 21.1 m. Within the latter intercept were several higher-grade zones namely 5.5 gpt gold over 7.55 metres including 16.1 gpt over 1.6 m [...]
Recent Drilling Highlights McFarlane intersects a wide zone of mineralized quartz sulphide stockwork at the past producing McMillan Gold Mine, hole MLMM 08-05W1 returning 2.7 gram per tonne gold over 31.35 metres including 5.6 gpt gold over 13 metres that contained a higher-grade zone of 10.7 gpt gold over 5 metres. Follow-up hole MLMM-24-04 intersected a 54-metre zone of quartz sulphide stockwork, approximately 300 [...]
McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, today announces that it has commenced drilling on its 100% owned 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, Sagamok Anishnawbek FN and Metis Nation of Ontario. Figure 1 [...]
McFarlane Lake Mining Ltd. , is please to announce that it has awarded a diamond drilling contract for its winter drilling program at its 100% owned McMillan Mine property. The past producing McMillan Gold Mine is located 70 kilometers west of Sudbury, Ontario. It is located within 3 km from major highways and power lines. Located geologically in the Huronian Gold Belt 70 km west of Sudbury , this area of the province has [...]
McFarlane Lake Mining Ltd. , is pleased to announce that it will be attending this year's Fall Mining Conference sponsored by Red Cloud Securities taking place on October 16 th and 17 th this year. McFarlane's CEO - Mark Trevisiol- is scheduled to present their latest exploration plans on their past producing McMillan Gold Mine on October 17 th at 4:00 p.m. at the Sheraton Centre Hotel in downtown Toronto, Ontario. At [...]
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 [...]
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