on McFarlane Lake Mining Limited (NASDAQ:MLMLF)
McFarlane Lake Mining Updates on Juby Gold Project
McFarlane Lake Mining Limited (CSE: MLM) has released an update on its Juby Gold Project located near Shining Tree, Ontario. The project holds a current Mineral Resource Estimate of 1.01 million ounces of gold in the Indicated category and 3.17 million ounces in the Inferred category. McFarlane has hired local geologists to support upcoming diamond drilling and has engaged with First Nations for potential collaboration on the project.
The company's exploration strategy includes reviewing historic drill cores and initiating a drilling program to expand gold resources around known mineralization. Additionally, McFarlane is pursuing environmental studies to assess water quality for future ore extraction. Concurrently, McFarlane is enhancing its investor relations through Alliance Advisors IR and presenting at the Red Cloud Mining Showcase.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all McFarlane Lake Mining Limited news