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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

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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