Mountain Lake Resources Intersects New High-grade Gold Mineralization at Valentine Lake

Step-out drilling at the Mountain Lake Resources Inc. (TSXV:MOA) Leprechaun Gold Deposit intersected new high-grade gold mineralization up to 110 meters down-dip from previously defined Main Zone mineralization.

As quoted in the press release:

Highlights from the Leprechaun Deposit include:

• Intersection of new high-grade Main and Footwall Zone mineralization adds to the development of down-dip underground mining targets with 3.81 grams per tonne (g/t) gold (Au) over 21.6 meters (m) including 10.16 g/t Au over 2.4m, 10.41 g/t Au over 2.4m, and 11.37 g/t Au over 1.6m in VL-12-440, and 6.1 g/t Au over 10.2m including 13.33 g/t Au over 3.4m and 1.57 g/t Au over 12.75m including 3.43 g/t Au over 3.4m in VL-12-437.
• Growth of the high-grade, down-dip Main Zone and Footwall Zone mineralization in the northeast end of the Leprechaun Gold Deposit with 4.42 g/t Au over 9.0m including 39.36 g/t Au over 0.90m and 4.40 g/t Au over 2.55m including 12.79 g/t Au over 0.85m in VL-12-439, and 4.79 g/t Au over 2.4m including 13.43 g/t Au over 0.8m and 5.17 g/t Au over 4.0m including 10.98 g/t Au over 0.8m in VL-12-436.
• Significant new Main Zone intersections southwest of the current Leprechaun Gold Deposit boundary with 6.24 g/t Au over 2.85m including 18.70 g/t Au over 0.95m and 3.70 g/t Au over 2.85m including 11.08 g/t Au over 0.95m in VL-12-435.

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