McFarlane Lake boosts Juby gold resource by 2M oz
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McFarlane Lake boosts Juby gold resource by 2M oz
An update for McFarlane Lake Mining’s (CSE: MLM; US-OTC: MLMLF) Juby gold project in northeastern Ontario has lifted global contained gold by 48% over the initial resource from last October, while... The post McFarlane Lake boosts Juby gold resource by 2M oz appeared first on The Northern Miner.
McFarlane Lake Mining Lifts Juby Gold Resource to 6.2 Million Ounces
McFarlane Lake Mining (CSE: MLM) has substantially expanded the gold inventory at its Juby project, the result of a drilling campaign the company says produced no barren holes. The updated mineral resource estimate includes: Indicated: 37.17 million tonnes grading 0.95 g/t gold for 1.14 million ounces Inferred: 180.67 million tonnes grading 0.87 g/t gold for 5.06 million ounces The estimate assumes a gold price of US$3,600 an ounce, with a 0.25…
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