McFarlane Lake Receives Offer to Purchase Its High Lake and West Hawk Lake Gold Properties From Total Metals; McFarlane Amends C$12.5 Million Private Placement in Connection With Its Acquisition of the Juby Gold Project
McFarlane Comments on Its Proposed Acquisition of One of Ontario’s Largest Undeveloped Gold Properties – The Juby Gold Project – With a Significant Historical Gold Resource
Our Team at Golden Lake has identified multiple visible gold occurrences in recent core at Juby, with assays up to 55.56 g/t gold, and today’s photo from an interval grading 13.3 g/t gold, adding another high‑grade datapoint to the Golden Lake story.
The Company has initiated an updated NI 43‑101 MRE and is advancing plans for a ~50,000‑tonne bulk sample from near‑surface mineralization at Juby, supported by discussions with regulators and First Nations.
