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Project: | Stars | |
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Deposit: | Tana Zone | |
Location: | Canada | |
Commodities: | Copper-Gold-Silver-Molybdenum | |
Date: | 8/28/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 28-8-2018: ML Gold Corp. announces an Exploration/Drilling Update report for its Tana Zone deposit at the Stars project. Drilling results incl. 405.38m @ 0.20% Cu, 24ppb Au, 0.754g/t Ag, 0.0082% Mo from 29.57m. ML Gold Corp. (TSX-V: MLG; FSE: XOVN.F) (“ML | |
Resources: | x | |
CP/QP: | [Overall Report]: Adrian Smith (Internal) | |
ABSTRACT: | ML Gold Corp. (TSX-V: MLG; FSE: XOVN.F) (“ML Gold” or the “Company”) is pleased to announce that its ongoing drilling program at the Stars project has intersected over 400 metres of copper mineralization extending the entire length of Hole 10 (DD18-SS010), ending in mineralization at a final depth of 490m. The mineralization is characterized by variably silicified and potassic altered feldspar porphyry intrusions containing coarse and fine grained disseminations of chalcopyrite, in a steeply-dipping mineralized zone. Ongoing drilling continues to expand the known mineralization along strike and at depth. Additional holes have been completed adjacent to DD18-SS010 on a 100 metre spaced drill grid, with assays pending (see drill plan map, Figure 1). ML Gold’s Stars project is ideally located 60km southwest of the resource town of Houston, B.C. The project site is low-elevation, gentle topography, and is accessible by all-season main line resource roads making it ideal for low-cost mine development. | |
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