McFarlane Lake Mining
CSE: MLM
OTCQB: MLMLF
McFarlane Lake Mining Limited (CSE: MLM, OTC: MLMLF) is a Canadian gold exploration company focused on advancing its flagship Juby Gold Project in the Abitibi Greenstone Belt near Gowganda, Ontario.
The project hosts a current NI 43-101 compliant Mineral Resource Estimate (MRE) (September 29, 2025)
1.01 million ounces of gold in the Indicated category grading 0.98 g/t and 3.17 million ounces in the Inferred category grading 0.89 g/t, based on a US$2,500/oz gold price.
At a higher gold price of US$3,750/oz, resources increase to 1.20 million ounces Indicated and 4.23 million ounces Inferred.
McFarlane plans further drilling and technical studies to advance this large-scale gold system. The company also holds 100%-owned gold assets across Ontario, including the McMillan, Mongowin, and Michaud/Munro properties.
Corporate Highlights
Newly Acquired, Transformational Asset
Recent acquisition of the Juby Gold Project positions McFarlane as the owner of a large-scale, NI 43-101– compliant gold resource in Ontario’s Tier-1 Abitibi Belt.
Multi-Million-Oz Gold Resource With Expansion Potential
Over 4 million ounces defined in Indicated and Inferred categories – open at depth and along strike, with clear growth potential through drilling.
Significantly Undervalued Relative to Resource
With the Juby acquisition recently completed, the market has yet to reflect the scale and quality of McFarlane’s portfolio, presenting an opportunity.
+90% Metallurgical Recoveries
Conventional processing with high recoveries provides strong economic fundamentals and optionality.
Proven Team With Tier-1 Track Record
Leadership experienced in exploration, development, and capital markets – advancing the project with technical discipline and execution focus.
Clear Path to Production
Multiple development options supported by excellent local infrastructure.
