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    2012 Drilling Underway at Valentine Lake Gold Joint Venture in Central Newfoundland

    Investing News Network
    Jan. 31, 2012 10:17AM PST
    Gold Investing

    The 2012 drilling campaign is now underway at the Valentine Lake Property in Central Newfoundland, a 50/50 Joint Venture between Marathon Gold Corp. and Mountain Lake Resources Inc. (TSXV:MOA). Initial drilling intersected down-dip mineralization in the main zone.

    The 2012 drilling campaign is now underway at the Valentine Lake Property in Central Newfoundland, a 50/50 Joint Venture between Marathon Gold Corp. and Mountain Lake Resources Inc. (TSXV:MOA). Initial drilling intersected down-dip mineralization in the main zone.

    As quoted in the press release:

    Initial analytical results from the 2012 drill program at the Leprechaun Gold Deposit*

    DDH

    Section

    Zone*

    From

    To

    Core Width (m)

    True Width (m)

    Gold

    (g/t)

    VL-12-378

    10225

    HW

    83

    86

    3

    3

    0.69

    MZ

    155

    164

    9

    8.55

    1.94

    Including

    MZ

    162

    163

    1

    0.95

    8.34

    MZ

    186

    189

    3

    2.85

    0.86

    VL-12-379

    10500

    HW

    65

    68

    3

    3

    3.74

    Including

    HW

    67

    68

    1

    1

    10.82

    HW

    84

    87

    3

    3

    1.76

    MZ

    207

    210

    3

    2.25

    0.81

    MZ

    220

    223

    3

    2.25

    7.54

    Including

    MZ

    220

    221

    1

    0.75

    15.79

    MZ

    225

    228

    3

    2.25

    0.93

    FW

    348

    352

    4

    3.2

    1.05

    VL-12-380

    10200

    MZ

    178

    181

    3

    2.55

    0.52

    MZ

    195

    200

    5

    4.25

    6.19

    Including

    MZ

    195

    197

    2

    1.7

    15.25

    MZ

    207

    210

    3

    2.55

    1.05

    *Denotes: MZ – main zone, HW – hanging wall zone, and FW – foot wall zone

    Click here to read the Mountain Lake Resources (TSXV:MOA) press release
    Click here to see the Mountain Lake Resources (TSXV:MOA) profile.

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