ML Gold

Overview

ML Gold Corp (TSXV:MLG) is a resource exploration company focused on the development of its flagship project, the Stars property in Northern British Columbia, Canada. ML Gold recently entered into an agreement for options to acquire up to an 80 percent interest in the copper-gold-silver-molybdenum property, which sits 30 kilometers away from the New Nadina Exploration (TSXV:NNA) Silver Queen project. Moving quickly in what they know to be a highly prospective property, ML Gold is kicking off their first phase of exploration on the Stars property in December 2017 with the goal of completing it by February 2018.

In addition to the Stars property, the company also holds four other properties across North America. This includes the Block 103 property in Eastern Quebec, which hosts an iron ore deposit of 7.2 billion tonnes with a grade of 29.2 percent total iron, considered to be the largest wholly owned iron deposit in the world.

The company also has a presence in Nevada through its Palmetto gold project, which hosts an underexplored deposit currently open in all directions. A maiden resource estimate released by ML Gold in 2017 outlined a resource of approximately 350,000 ounces of gold equivalent. The company’s North American portfolio is complemented by two other gold properties in British Columbia, the Pinnacle Reef and Aspen projects, which are both in early stages of exploration.

The company has a tightly held share structure, with 13 million shares held internally, and another 10 million to 15 million held by friends and partners. Among the company’s most significant shareholders sits Andy Bowering—the company’s CEO—who is one of the founders of Millennial Lithium. In ML Gold, he is supported by a management team with vast experience in developing exploration projects towards production.

“We are a proven explorer with an experienced management team that can make quick and concise decisions,” said ML Gold President Adrian Smith. “This allows us to be more agile than other explorers and makes us able to take advantage of the best opportunities as they present themselves.”

ML Gold Investment Highlights

• Five properties in mining-friendly jurisdictions across North America
• Flagship Stars copper-gold-silver-molybdenum property in BC nearby renowned New Nadina Silver Queen prospect
• Historical results on Stars property include 142 meters of 0.25 percent copper and 0.56 percent copper at 110 meters
• Block 103 property hosts the world’s largest wholly owned iron deposit
• Recently completed $2.2 million in financing from non-brokered private placement
• Strong management team with noted experience developing projects through exploration