on McFarlane Lake Mining Limited (NASDAQ:MLMLF)
McFarlane Lake Mining Unveils Promising Geophysical Targets at McMillan Mine
On March 27, 2025, McFarlane Lake Mining Limited announced the discovery of new geophysical drill targets at its wholly owned McMillan Mine property in Ontario. A recent borehole electromagnetic survey identified extensive targets at depth and to the west in an unexplored area.
Previously, the company conducted a similar survey that revealed significant mineralization. Notably, drill hole MLMM-25-04 showcased 51.65 meters of 2.0 grams per tonne (gpt) of gold with a higher-grade segment of 7.5 meters of 5.5 gpt gold. The newly discovered EM plates, extending deeper and further west, present potentially larger mineralized zones.
The company's technical team plans to drill these targets soon, aiming to explore deeper and westward extensions of the mineralization. CEO Mark Trevisiol highlighted the property's untapped potential, having explored only a fraction of its total strike length.
R. P.
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