- McFarlane Lake Mining (MLMLF, Financial) discovers high-grade gold mineralization at McMillan Mine.
- Gold mineralization extended 80 meters west and reached a new depth of 530 meters.
- Management changes announced: COO Roger Emdin retiring, Winston Whymark joins as Manager of Exploration.
McFarlane Lake Mining Limited (MLMLF) has announced significant gold discoveries at its McMillan Mine property near Sudbury, Ontario. The company's recent exploration activities have uncovered high-grade gold mineralization across three distinct zones. Drill hole MLMM-25-09 produced promising results, with Zone 1 yielding 8.5 grams per tonne (GPT) gold over 4.10 meters, including 13.3 GPT over 2.60 meters. Zone 2 returned 3.7 GPT over 7.25 meters, highlighted by 32.9 GPT over 0.7 meters, while Zone 3 reported 2.2 GPT over 16.05 meters, including 5.1 GPT over 4.25 meters.
The discovery further extends the known gold mineralization 80 meters to the west and achieves a new maximum exploration depth of 530 meters, surpassing previous records at the site.
In addition to these findings, McFarlane Lake Mining has announced the retirement of its COO, Roger Emdin, effective May 31, 2025. Emdin will continue to contribute as a board member and consultant. Winston Whymark, who has been working as a consultant, will join the company as Manager of Exploration, bringing over 16 years of industry experience, most notably with Argonaut Gold and Inventus Mining.
The McMillan Mine property, wholly owned by McFarlane Lake, is strategically located approximately 70 kilometers west of Sudbury, Ontario. The company's ongoing exploration efforts continue to leverage advanced geophysical techniques to identify further opportunities for development at the site.