Mountain Lake Intersects 11.28 g/t over 7.65m at Valentine Lake Gold Joint Venture in Central Newfoundland

Mountain Lake Resources Inc. (TSXV: MOA) reported results from its 2012 drilling at the Leprechaun Gold Deposit area of the Valentine Lake Property in central Newfoundland, with results including 4.31 g/t Au over 13.5m in hole 393, 11.28 g/t over 7.65m in hole 395 and 2.41 g/t over 17m in hole 400; all true widths.

As quoted in the press release:

Current drilling is now focused on expanding the Leprechaun Gold Deposit to the southwest along strike with three drills working the 1.5 kilometre area between the south-western boundary of the current Leprechaun Resource and the J. Frank Zone.

Latest results include:

• 4.31 grams per tonne (g/t) gold (Au) over 13.5 meters (m) including 25.42 g/t Au over 1.8m, and 8.85 g/t Au over 3.6m including 32.31 g/t Au over 0.9m in hole VL-12-393;
• 11.28 g/t Au over 7.65m including 41.80 g/t Au over 1.7m, and 1.75 g/t Au over 14.45m including 17.87 g/t Au over 0.85m in hole VL-12-395;
• 2.41 g/t Au over 17.0m including 16.84 g/t Au over 2.0m and 3.43 g/t Au over 5.7m including 19.61 g/t Au over 0.95m in hole VL-12-400.

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