The Conversation (0)
Drilling has resumed at the Mountain Lake Resources Inc. (TSXV:MOA) 100%-owned Glover Island Gold Property in western Newfoundland. A total of 2,500 metres of drilling is planned this quarter in the Lunch Pond South East Prospect (LPSE) area, the purpose of which is to follow-up the 7,227 metre program completed last month where thick intervals of gold mineralization continue to be encountered and undercut holes are demonstrating that gold mineralization continues and remains open at depth. Â
Drilling has resumed at the Mountain Lake Resources Inc. (TSXV:MOA) 100%-owned Glover Island Gold Property in western Newfoundland. A total of 2,500 metres of drilling is planned this quarter in the Lunch Pond South East Prospect (LPSE) area, the purpose of which is to follow-up the 7,227 metre program completed last month where thick intervals of gold mineralization continue to be encountered and undercut holes are demonstrating that gold mineralization continues and remains open at depth.
Gold distribution continues to be very uniform over broad intervals as the highlights below from the previously reported 2011 drill results demonstrate (all intervals are core widths):
Step-out drill hole LPSE-11-44 intersected 0.7 grams per tonne (g/t) gold (Au) over 130.9 metres (m) from a vertical depth of 135m and in an area outside of the historical LPSE Prospect resource boundary
Step-out hole LPSE-11-48, adjacent to and 40m west of hole LPSE-11-44, intersected 1.34 g/t Au over 99.3m from a vertical depth of 131m.
Step out hole LPSE-11-49, drilled 50m west of LPSE-11-48, intersected 0.54 g/t Au over 40.7m from a vertical depth of 160m, in addition to a deeper interval of 1.53 g/t Au over 7.5m from a vertical depth of 215m.
Step-out hole LPSE-11-50, drilled 80m updip from LPSE-11-49, intersected 1.76 g/t Au over 26.6m from a vertical depth of 115m.
Hole LPSE-11-53 intersected 1.27 g/t Au over 16.0m, and is  located 100m below LPSE-11-41 that contained 11.3m of 1.54 g/t Au, plus 3.5m of 1.49 g/t Au and 5.8m of 2.2 g/t Au over a 32m interval.
Hole LPSE-11-55 intersected 1.74 g/t Au over 53.5 m, and is situated 50m updip from LPSE-11-41.
Drill hole LPSE-11-57, the deepest hole on the section and situated 100m below the above mentioned LPSE-11-53, intersected a 44.7m zone of 1.67 g/t Au as well as a 3.2m zone of 2.06 g/t Au.
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