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An announcement from McFarlane Lake Mining Limited ( (TSE:MLM) ) is now available.
McFarlane Lake Mining Limited has announced its largest-ever drilling program at the Juby Gold Project, aiming to expand its resource base by targeting 15 to 30 million tonnes of gold mineralization. The exploration strategy has been updated to reflect current economic conditions, including a lower cutoff grade, and is supported by advanced geological modeling. This initiative is part of a broader campaign that includes sampling historic core and conducting environmental studies, positioning McFarlane to enhance its resource estimates and potentially increase shareholder value.
More about McFarlane Lake Mining Limited
McFarlane Lake Mining Limited is a Canadian gold exploration company focused on advancing its flagship Juby Gold Project, located near Gowganda, Ontario, within the established Abitibi Greenstone Belt.
Average Trading Volume: 645,968
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$21.64M
Learn more about MLM stock on TipRanks’ Stock Analysis page.