Mountain Lake Resources Inc. (CVE:MOA) reports that analytical results from the latest drill program confirm two areas of interest on the Little River gold-antimony property, Newfoundland.
The press release is quoted as saying:
The Little River Property (the “Property”) has a strike length of ~31 kilometres (km) and Mountain Lake has an option to earn a 100% interest in the Property.
The best intercept occurred in drill hole LR-10-16, which contained a 0.92 m interval (all widths are true widths) of 30.6% Sb at a vertical depth of 18 m. Hole LR-10-18, the most northerly hole drilled 100 m to the north of LR-10-16, encountered a 0.5 m interval of 0.52% Sb and a 0.64 m interval of 0.11% Sb, both between 30 and 33 m vertical depth. The highest gold value encountered in this area was 0.25 g/t.
Mountain Lake Resources’ (TSXV:MOA) President and CEO, Gary Woods says:
“The intervals of high grade antimony are significant and are typical of the material being mined at the Beaver Brook Antimony Mine situated 80 km to the north of the Le Pouvoir Vein Zone.”