Mountain Lake Reports Latest Results from Leprechaun Confirm Continuity of Main Zone and Demonstrate the Deposit Potential along Strike and at Depth

Mountain Lake Resources Inc. (TSXV:MOA) reports significant intervals of gold mineralization in the northeast and southwest sections of the Leprechaun Gold Deposit, Valentine Lake property, Newfoundland.

The press release is quoted as saying:

Drill hole VL-11-296 intersected 2.18 grams per tonne (g/t) gold (Au) over 32.2 metres (m), VL-11-291 intersected 3.53 g/t Au over 14.4m, and VL-11-292 intersected 1.60 g/t over 12.0m. All reported intersections are true widths; see Figure – LP for a plan view of the latest drill holes. The Valentine Lake Project is a 50/50 joint venture between Marathon Gold Corporation (“Marathon”) and Mountain Lake.

Mountain Lake Resources’ President & CEO, Gary Woods says:

“Whenever a hole drilled between two existing holes provides positive results such as VL-11-296, it increases the confidence level of the resource. We are continuing to focus the balance of the 2011 drill program on the Leprechaun Deposit area and drill holes such as VL-11-291 and -294 demonstrate that the Deposit remains open 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)