7,000 Metre Resource Upgrade and Expansion Drilling Program Underway on Mountain Lake’s Glover Island Gold Project
Mountain Lake Resources Inc (CVE:MOA) announced that drilling is well underway on its Glover Island gold property, Newfoundland.
The press release is quoted as saying:
The 7,000 metre (m) drill program is the Company’s first since acquiring a 100% interest in the Property last October. Drilling is expected to continue throughout the balance of the summer and the fall with the goal of upgrading and expanding the historical resources to National Instrument 43-101 compliance, and may include drill testing of a few of the highly prospective, undrilled, targets where near surface gold mineralization has been identified.
Mountain Lake’s President and CEO, Gary Woods said:
“We are anticipating a multi-year project and the field camp has been constructed accordingly. I feel confident that the program to re-evaluate the historic resource will be completed this year in spite of the delayed startup, and we are working closely with various government agencies to ensure that our exploration work is conducted in a manner that minimizes any impact on the area.”