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Mountain Lake Reports Analytical Results from Drill Program at Little River Gold+/- Antimony Property

Investing News Network
Aug. 18, 2011 10:58AM PST
Gold Investing

Mountain Lake Resources Inc (CVE:MOA) reports the analytical results from the recently completed drill program on the Little River property, Newfoundland.

Mountain Lake Resources Inc (TSXV:MOA) reports the analytical results from the recently completed drill program on the Little River property, Newfoundland.

The press release is quoted as saying:

The 2011 drill campaign focused mainly on further drill testing of areas identified in late 2010, where significant antimony mineralization was intersected.  A total of 1,714 metres (m) were drilled in 20 holes: 989m were drilled in 9 holes in the Le Pouvoir Zone in the north-eastern portion of the Property; a total of 625m were drilled in 9 holes in the South Zone in the south-western portion of the Property; and 2 holes totaling 100m were drilled on a new gold-in-soil anomaly roughly 1.3 km north of the Le Pouvoir Zone. 

 Mountain Lake’s President and CEO, Gary Woods says:

“Results from the South Zone are encouraging as the length of the antimony zone indicates that a significant mineralizing system has been active in the area.  It will take more drilling to determine the extent of the mineralization and whether there is a high-grade plum nearby. Our deepest hole is currently only 90 metres vertical so there’s a lot of potential both along strike and at depth”.

Click here to access the entire news release. 

Click here to access Mountain Lake’s company profile.(TSXV:MOA)

 

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