on McFarlane Lake Mining Limited (NASDAQ:MLMLF)
McFarlane Lake Mining Advances Exploration at Juby Gold Project
On October 6, 2025, McFarlane Lake Mining Limited announced the submission of an Exploration Permit for the Juby Gold Project in Ontario, Canada. The permit allows for up to 10,000 meters of drilling focused on high-priority zones in the Abitibi Greenstone Belt. The company plans to start drilling before year-end, coupling it with geophysical surveys to refine drill targets.
Simultaneously, an environmental baseline study is underway. This study will guide the development of a closure plan and support future production permits. CEO Mark Trevisiol emphasized the company's commitment to environmental responsibility and regulatory compliance in advancing the Juby Project.
The Juby Gold Project boasts a significant gold resource with room for expansion. McFarlane aims to release an updated Mineral Resource Estimate soon, providing further insights into the project's potential.
R. E.
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