The Conversation (0)
Mountain Lake Resources Inc. (TSXV:MOA) reported the final batch of drill results from the 2011 drill program at its 100% owned Glover Island Gold Property in western Newfoundland, including Hole LPSE-11-39A with an 18.0 metre interval of 2.35 grams per tonne of gold.
Mountain Lake Resources Inc. (TSXV:MOA) reported the final batch of drill results from the 2011 drill program at its 100% owned Glover Island Gold Property in western Newfoundland, including Hole LPSE-11-39A with an 18.0 metre interval of 2.35 grams per tonne of gold.
As quoted in the press release:
The results include: hole LPSE-11-62, located at the eastern edge of the deposit, where drilling was suspended for the Christmas break and recommenced on January 22 with an additional 111 metres drilled to deepen the hole and undercut LPSE-11-60; and hole LPSE-11-39, one of the earlier holes drilled in 2011, which was also deepened by 40 metres as a result of an increased understanding of the geology.
The best intersection was encountered in hole LPSE-11-39A with an 18.0 metre (m) interval of 2.35 grams per tonne (g/t) gold (Au). This zone further illustrates the continuity of gold mineralization in the deposit as it is located 35m below zones in LPSE-11-41 that contained 11.3m of 1.54 g/t Au, 3.5m of 1.49 g/t Au and 5.8m of 2.2 g/t Au; and 50m above zones in LPSE-11-40 that contained 16.5m of 2.03 g/t Au and 10.5m of 1.99 g/t Au.
Mountain Lake President and CEO Gary Woods, said:
“The grades and widths from hole to hole in the 2011 program have demonstrated excellent overall continuity of gold distribution in the deposit and we look forward to seeing the positive impact they have on the forthcoming NI 43-101 resource estimate.”
Click here to read theMountain Lake Resources (TSXV:MOA) press release
Click here to see the Mountain Lake Resources (TSXV:MOA) profile.