Posted in | News | Gold

Mountain Lake Resources Reports Drilling Results from Glover Island Project

Mountain Lake Resources has announced the latest batch of drilling results from Glover Island gold property, West Newfoundland.

The company continues to encounter mineralized gold in thick intervals and undercut holes show that gold mineralization still exists and stays exposed at depth.

The company has intersected 1.39 g/t gold over 11.70 m in the hole LPSE-11-52, 1.27 g/t gold over 16.00 m and 0.55 g/t gold over 8.00 m in the hole LPSE-11-53, 1.08 g/t gold over 7.00 m and 1.05 g/t gold over 3.00 m in the hole LPSE-11-54, 1.74 g/t gold over 53.50 m in the hole LPSE-11-55, 0.93 g/t gold over 4.00 m and 0.76 g/t gold over 3.00 m in the hole LPSE-11-56, 2.06 g/t gold over 3.20 m and 1.65 g/t gold over 44.70 m in the hole LPSE-11-57, 1.06 g/t gold over 4.22 m in the hole LPSE-11-58, 1.56 g/t gold over 5.00 m and 1.03 g/t gold over 12.40 m in the hole LPSE-11-59. The distribution of gold is very even over wide intervals.

According to the Mountain Lake’s CEO and President, Gary Woods, the company is satisfied with the thickness and grades of the mineralized intervals being encountered. It conducted diamond drilling for 7,227 m, totaling 29 holes, during 2011. The plan of the company is to follow-up wide mineralization intervals continuously, after the drilling permits for 2012 are received. The company is anticipating for the primary 2012 results before the proposed NI 43-101 resource estimation is started.

The company tested all samples at Eastern Analytical Laboratory in Newfoundland. Assaying of samples was done by means of lead collection fire assay along with atomic absorption (AA) finish.

Source: http://www.mountain-lake.com/

Joel Scanlon

Written by

Joel Scanlon

Joel emigrated to Australia in 1995 and worked for five years in the mining industry as an exploration geotechnician, using GIS mapping and CAD software. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm. After that, he ran a successful business providing web services to businesses along the eastern seaboard of Australia. During this time, he developed and launched News-Medical.Net. Joel has been working with AZoNetwork since the company was founded in 2000.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Mountain Lake Resources Inc.. (2019, February 18). Mountain Lake Resources Reports Drilling Results from Glover Island Project. AZoMining. Retrieved on February 03, 2023 from https://www.azomining.com/News.aspx?newsID=5700.

  • MLA

    Mountain Lake Resources Inc.. "Mountain Lake Resources Reports Drilling Results from Glover Island Project". AZoMining. 03 February 2023. <https://www.azomining.com/News.aspx?newsID=5700>.

  • Chicago

    Mountain Lake Resources Inc.. "Mountain Lake Resources Reports Drilling Results from Glover Island Project". AZoMining. https://www.azomining.com/News.aspx?newsID=5700. (accessed February 03, 2023).

  • Harvard

    Mountain Lake Resources Inc.. 2019. Mountain Lake Resources Reports Drilling Results from Glover Island Project. AZoMining, viewed 03 February 2023, https://www.azomining.com/News.aspx?newsID=5700.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit