Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 company focused on the exploration and development of its portfolio of properties. 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. It also owns the Michaud/Munro mineral property situated 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

Bullboard Posts
Post by smcaptraderon Jun 02, 2009 12:06am
306 Views
Post# 16035304

Tamarack + Uncle Sam down the road

Tamarack + Uncle Sam down the road

High grade is the key$ 

Sure  if you had low grade operation you would need to turn 1000 ton a day but when your grades are in (oz per ton) that changes everything. For 3 cents I'll take all I can while other companies are still drilling MLM will be making cash.

There's GOLD in those mountains $$$ Ever think that just maybe with the cash coming in that they might expand?? I can see this little jewel turning some heads once the money starts to flow and they'll be able to sell at today's gold price!! They have the least expensive operation! Big margin $$ on production.


I'll be buying tomorrow!

The Tamarack Property its a former producing, high-grade gold operator in the Tobacco Root Mountains, Madison County, Montana consisting of six (6) patented claims and a further unpatented claim block tying all claims contiguous. The Tamarack Property is accessible year round, 4 miles from the town of Sheridan, on a well maintained gravel road.

UNCLE SAM SUMMARY

The Property is a high grade, former gold producer in the Tobacco Root Mountains, Madison County, Montana.  The Property, accessible year round on a maintained gravel road, is situated ten (10) miles to the east of Sheridan, Montana and just 6 miles to the east of the Tamarack Gold Property (see PR Sept. 19, 2006). Detailed geophysical, geochemical and geological surveys have extended the previous workings to cover a gold/graphite bearing structure over 8,000 feet long.  The investigation has indicated the presence of other lode gold occurrences associated with the known mineralized Uncle Sam Fault zone.  All previous mining has come within or at the Uncle Sam Fault over a width of three (3) to ten (10) feet, adjacent to a competent hanging wall porphyry , that is part of a Fault zone about sixty (60) feet in true thickness.

In the past, (see PR Sept. 9, 1996) Millstream investigated, surveyed and sampled the Property underground workings and surface waste piles. The samples collected and tagged were sent for assaying at Assay Lab, Inc., West Jordan, Utah, USA, Norris Lab., Norris, Montana, USA and Swastika Laboratories, Swastika, Ontario, Canada.  Samples taken from the hanging wall assayed at 36.2 grams (1.164oz) of gold and 82.7 grams (2.66 oz) of silver per ton.  Vein material assayed at 16.04 grams (0.516 oz) of gold and 15.24 grams (0.49 oz) of silver per ton with minor lead and zinc values. The following chart of assays (see PR Aug. 15, 1997) was derived from samples taken from a combination of channels (cs), wall chips (wcs), and channel trenches in broken ore (cts): 

Sample No. Au(opt)   Ag(opt)  Sample Length(ft.)

Sample Type

223259      1.212  5.7    17.0   cts
223260      1.740 2.43  17.0 cts
223261 0.013   0.09   15.0  cts
223262 0.051 0.10  29.0  cts
223263   0.793  1.22  40.0 cts
223264   0.345  0.59  40.0 cts
223265 0.420 0.48    11.0  cts
223266   0.836   0.75 10.0       cs
223267    0.414 0.64   wcs
223268 0.074 0.15    wcs
223269 0.054   0.22 30.0 cs
223270 1.141 1.67    wcs
223271 0.062  0.11   wcs
223272  0.114  0.34 15.0  cs
223273  0.031 0.35  25.0 cs
223274  0.714 1.09    wcs
223275   0.308 0.54 15.0 cs 
223276 0.184  0.67    wcs
223277 0.559 0.26   wcs
Bullboard Posts