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2011 Releases
December 22, 2011 (PDF)
Mountain Lakes Completes $2,000,000 Financing for Winter Drilling
December 16, 2011 (PDF)
Financing Arranged for Winter Drilling at Valentine Lake and Glover Island
December 14, 2011 (PDF)
Step-Out Drilling Continues to Encounter Wide Intersections of Gold Mineralization Outside Historical Resource Area at Glover Island Project
Hole LPSE-11-48 intersected 1.34 g/t over 99.3 m 40m west of LPSE-11-44
December 13, 2011 (PDF)
Mountain Lake Signs Letter of Intent to Sell Bobby's Pond Zn-Cu Deposit
Transaction will see Bobby’s Pond and other significant base metals assets in the Buchans Area consolidated into one publicly traded company
December 6, 2011 (PDF)
Initial Drill Testing Intersects Near Surface Gold Intervals in Thick Alteration Envelope at J. Frank Zone 1.5km SW Along Strike from Leprechaun
Style and intensity of mineralization is identical to that of Leprechaun Deposit
November 24, 2011 (PDF)
Initial Drilling Hits Thick Mineralization at Glover Island Gold Project
Step-out hole LPSE-11-44 intersected 0.7 g/t over 130.9 m outside the historical resource boundary
November 11, 2011 (PDF)
Mountain Lake Completes 25,250 m of Drilling in 2011 at Valentine Lake
Results pending for initial 12 holes drilled at newly discovered J. Frank Zone
More High-Grade Gold Intersected in Latest 8 Holes from Leprechaun
Results include 5.99 g/t Au over 10.8 metres in hole VL-11-145
October 20, 2011 (PDF)
New Gold-Bearing Quartz Zone Discovered 1.5km SW Along Strike from Southern Boundary of Leprechaun Deposit
Bedrock trenching samples returned up to 581.88 g/t
October 6, 2011 (PDF)
Mountain Lake Reports Best Gold Intersection to Date at Leprechaun
Hole VL-11-352 returned 13.95 g/t (0.4 oz/t) over true width of 26.1 m in Main Zone
October 3, 2011 (PDF)
Latest Drilling Results From Leprechaun Include Expanded Main Zone and New Hanging Wall Mineralization
Hole VL-11-337 returned 3.46 g/t over true width of 24.7 m down-dip in Main Zone
September 16, 2011 (PDF)
Mountain Lake Closes Financing with Sprott Asset Management
Funds used to continue exploration and resource development on gold projects in Newfoundland including: Valentine Lake & Glover Island where drilling is ongoing
September 12, 2011 (PDF)
7,000 Metre Drilling Program Underway at Glover Island Gold Project
Mountain Lake owns 100% of the Property that hosts historical gold resources
September 8, 2011 (PDF)
Step-Out and Infill Drilling Results Continue to Expand Leprechaun Gold Resource at Valentine Lake
Leprechaun Deposit is situated at the SW end of a 23km long gold-bearing mineralized corridor
August 31, 2011 (PDF)
Mountain Lake Arranges Financing with Sprott Asset Management
$2,015,000 to be raised to continue exploration and development work on gold projects in Newfoundland
August 30, 2011 (PDF)
Resource Confidence and Open Pit Mining Potential Grows at Leprechaun
Results from latest 10 drill holes confirm continuity of mineralized zones along strike between adjacent sections and significant zones of mineralization
Bedrock Samples 1km SW of Leprechaun Deposit Grade up to 3.3 oz/ton Au
Discovery of new vein structure indicates more on-strike potential to southwest of current resource boundary; additional drilling in new area this year
August 18, 2011 (PDF)
Encouraging Results from Discovery Stage Gold +/- Antimony Property
More drilling required to determine extent of mineralization at Little River; northern end of Property is 80 km by road from the Beaver Brook Mine, one of the most significant antimony deposits in the world
Latest Results from Leprechaun Confirm More High-Grade Gold with Intersection of 16.15 g/t Over True Width of 13.3m in Step-Out Hole 306
Heart of Gold: high-grade zone within the 750 metre Leprechaun Deposit continues to expand and now extends for over 200 metres along strike to the NE and is open down dip as well as towards the SW
July 27, 2011 (PDF)
Latest Results from Leprechaun Confirm Continuity of Main Zone and Demonstrate Resource Potential Along Strike and at Depth
Latest intersections include 2.18 g/t Au over true width of 32.2m in VL-11-296
July 26, 2011 (PDF)
Glover Island Project Receives Environmental Assessment Approval
Preparation underway for 7,000 metre summer/fall drill campaign
Summer Drilling in Full Swing with Two Rigs Working at Leprechaun
Initial results include 2.09 g/t Au over 65.6m; new mineralization extends 40m down-dip and 50m along strike from previous results, further expanding resource
May 27, 2011 (PDF)
Glover Island Project Advances to Environmental Assessment Registration
Mountain Lake owns 100% of the Property, which hosts a historic gold resource
May 26, 2011 (PDF)
Drilling Commences on Antimony +/- Gold Targets at Little River
Drill ready targets are in the SW and NE areas of the property and include bedrock samples grading up to 50% antimony
May 4, 2011 (PDF)
Gold Mineralization Intersected Northeast Along Strike from Leprechaun
Latest results include 1.85 g/t Au over 20m near surface in hole 264, 700m beyond the NE boundary of Leprechaun Deposit pit boundary in the Sprite Zone
April 26, 2011 (PDF)
More Near Surface Gold Mineralization Intersected at Leprechaun
Latest results from 25,000m resource expansion and exploration drilling program include 2.57 g/t Au over 20.25m (true width) in hole 282 within 25m of surface
March 29, 2011 (PDF)
Wide Intervals of High Grade Gold Further Expand Leprechaun Deposit Along Strike and Down Dip
Latest results include 9.68 g/t Au over 12.8m in hole 261, 2.80 g/t Au over 34.8m in hole 258; and 4.27 g/t Au over 16.5m in hole 253 (true widths); drilling continues
Mountain Lake Provides Update on Little River Antimony-Gold Project
Antimony continues to reach new all time highs in 2011; up over 50% since August 2010 and 250% since April 2009
March 8, 2011 (PDF)
Valentine Lake JV Continues to Grow the Leprechaun Gold Deposit with Latest Results Intersecting 3.15 g/t Au over 21.5 m (true width) in New Zone
This mineralization represents a down dip extension of the wide zone reported in hole VL-11-246 and will effectively pull the M&I resource down dip
March 2, 2011 (PDF)
Latest Results Include 3.75 g/t Au over 37.5m in Hole VL-11-246 (true width) Includes the discovery of a major mineralized lens in the main zone along the NE edge of the Leprechaun Gold Deposit from depth of 79 to 146 metres
February 18, 2011 (PDF)
Multiple New High-Grade Intercepts at Leprechaun Gold Deposit
6 holes returned wide intervals up to 1.31g/t over 20m (TW) and high grade intervals up to 12.73 g/t over 4m, all intercepts are within 100m of surface
New High-Grade Lens at Valentine Lake's Leprechaun Gold Deposit
Includes 8.15 g/t Au uncut over 20 metres (TW) in Upper Zone of Deposit
February 1, 2011 (PDF)
Mountain Lake Strengthens Team with New Exploration Manager
Paul Smith’s immediate focus will be the exploration and resource confirmation effort on the Company’s 100% owned Glover Island Gold Project
January 25, 2011 (PDF)
Mountain Lake and Marathon Gold Form 50/50 Joint Venture
Consolidate 100% interest in Valentine Lake Property
Mountain Lake Starts 2011 Drilling Campaign at Valentine Lake
Fully funded $6 million budget shared 50/50 with JV partner Marathon Gold
January 13, 2011 (PDF)
Mountain Lake Provides Corporate Review of 2010 and Outlook for 2011
$7 million in the treasury to fund aggressive plans to increase drilling from 12,000 metres in 2010 to over 30,000 metres in 2011 on 3 Newfoundland properties
Click image to download printer firiendly Corporate Summary
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