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McFarlane Lake Mining Ltd V.MLM.H


Primary Symbol: N.MLM Alternate Symbol(s):  MLMLF

McFarlane Lake Mining Limited is a Canada-based gold exploration and development company. The Company’s High Lake mineral property is located immediately east of the Ontario-Manitoba border and the West Hawk Lake mineral property is located immediately west of the Ontario-Manitoba border. In addition, it holds the McMillan and Mongowin mineral properties located approximately 70 kilometers (km) west of Sudbury and owns the Michaud/Munro mineral property 115 km east of Timmins. The West Hawk Lake property is comprised of approximately 23 mining claims totaling 336 hectares. The property is located within Southeastern Manitoba, approximately 53km west of Kenora and 130 km east of Winnipeg. The McMillan Property is comprised of over 12 mining leases totaling 268 hectares. The Mongowin Property is comprised of approximately 122 mining and three patented claims, totaling 2605 hectares.


NEO:MLM - Post by User

Comment by wafertechianon Apr 21, 2018 8:27pm
111 Views
Post# 27922455

RE:Still Suspended WTF # 17

RE:Still Suspended WTF # 17

At this time the company is working to get in compliance with the OSC and the TSX Venture Exchange. It is going about this by the securing of permitting, through its partner, Klondike Bay Resources, from the Ministry (MNDM) for the Potter Mine tailings remediation project. As previously press released (see PR July 4, 2017), upon receipt of permitting, Millstream is to receive $120,000 as an advance payment versus its 5% NSR on the tailings pond metals recovered. These funds will be used to pay the necessary fees and outstanding bills to bring the company into compliance with updated audited financials for the OSC and TSX Venture Exchange continued listing requirements.

 

Expectation at this time is for permitting to arrive later this coming fall.


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