News Archive
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2010 Releases
Drill results confirm antimony in two areas of interest at Little River Property
New resource estimate completed for Leprechaun Deposit and two drills to commence 25,000 metre drill program in January
Drilling commences on gold and antimony targets at Little River Property
October 28, 2010 (PDF)
Mountain Lake completes $5.16 million financing through Salman Partners for 2011 exploration of its 3 Newfoundland gold projects
Mountain Lake completes acquisition of 100% of Glover Island Gold Property
Leprechaun results from last 6 of 95 holes drilled in 2010 include 6.94 g/t Au over 25m in hole 226 and 2.44 g/t Au over 22m in hole 231; new resource pending
Trenching results reveal numerous gold and antimony drill targets at Little River; drilling to commence at month end
October 13, 2010 (PDF)
Mountain Lake arranges exploration financing led by Salman Partners
Continuing to prove up Leprechaun’s Heart of Gold: Latest results from barge drilling include 6.53 g/t gold over 27 metres
Barge drilling fills 100 metre gap in center of Mountain Lake's Leprechaun Gold Deposit
Mountain Lake acquires 100% of Glover Island Gold Property from New Island
Bedrock samples return grades up to 50% antimony and 24.1 g/t gold at Mountain Lake’s Little River
Initial barge drilling hits more near surface gold mineralization at Mountain Lake’s Leprechaun Deposit
September 1, 2010 (PDF)
Mountain Lake terminates aquisition of New Island Resources
Latest results confirm the Leprechaun Deposit has a high grade Heart of Gold
Initial metallurgical tests on core samples from Leprechaun demonstrate gold recoveries exceeding 90%
August 6, 2010 (PDF)
Mountain Lake completes non-brokered Private Placement financing
Latest results from Leprechaun Deposit confirm extension of New Zone of mineralization along strike and at depth
July 26, 2010 (PDF)
Mountain Lake arranges Private Placement financing of $500,000
July 23, 2010 (PDF)
Mountain Lake and New Island Sign binding definitive agreement
Latest results include 33.54 g/t (0.98 oz/ton) gold over 4 metres at Leprechaun
July 12, 2010 (PDF)
Mountain Lake oversubscribes financing by $404,750 to raise $2,154,750
Step out drilling hits new high grade gold lens at Leprechaun Deposit
June 23, 2010 (PDF)
Mountain Lake increases non-brokered Private Placement financing
June 21, 2010 (PDF)
Mountain Lake arranges non-brokered Private Placement financing
First two holes of spring campaign hit gold mineralization near surface at Leprechaun
Drilling resumes at Valentine Lake to further advance Leprechaun Deposit and define second open pit resource along strike on the property
June 3, 2010 (PDF)
Mountain Lake announces proposed acquisition of New Island Resources
Mountain Lake announces 8,000 metre drill program for Valentine Lake and the Leprechaun Gold Deposit
Leprechaun delivers again with High Grade intervals up to 506 g/t (14.76 oz/t) within broader 9 metre interval of 38.32 g/t (1.12 oz/t) gold
Drilling intersects two High Grade intervals over 105 g/t (3 oz/tonne) gold within broader 25 metre interval of 6.79 g/t at Leprechaun Deposit
Results continue to increase the open pit potential of Leprechaun Gold Deposit and expand the resource
Results continue to confirm gold mineralization near surface and up dip from the current NI 43-101 compliant resource
Positive initial results from the ongoing drill program at Valentine Lake Gold Project
February 12, 2010 (PDF)
Mountain Lake ppoints Robert Harris to the Board of Directors
Drilling commences at Valentine Lake Gold Project
Mountain Lake and Marathon finalize work program for next phase of drilling at Valentine Lake Gold Project
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