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Project: | TimGinn | |
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Deposit: | TimGinn | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 6/18/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 18-6-2018: McLaren Resources Inc. announces an Exploration/Drilling Update report for its TimGinn deposit at the TimGinn project. Drilling results incl. 1.5m @ 3.95g/t Au from 184.5m. Toronto, Ontario: McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLare | |
Resources: | x | |
CP/QP: | [Overall Report]: Kenneth Guy (Not stated) | |
ABSTRACT: | Toronto, Ontario: McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces that it has recently completed a four-hole, 1,071 metre diamond drill program that was successful in intersecting gold mineralization on the TimGinn Gold Property which is situated adjacent to the Hollinger Mine operated byGoldcorp Inc. ("Goldcorp"). The gold mineralization which was intersected in McLaren's drill program crosses onto the TimGinnGold Property from the Hollinger Mine property. The TimGinn property contains similar geology to that hosting the gold mineralization at the Hollinger and McIntyre gold deposits (30M oz. of Au production). Hydrothermally altered volcanic sequences and quartz-feldspar porphyry are excellent environments for gold deposition and have been intersected in drill holes on the TimGinn Property. The diamond drill program was successful in extending the hydrothermal alteration systems that hosted the gold values in earlier holes, albeit with lower gold values. Attempts to expand the mineralization to the west encountered favourable geology but with lower gold values. Potential remains to expand the mineralization to depth as well as to the west at deeper levels following up on earlier exploration that returned higher grade mineralization such a | |
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