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Mistango River Resources Inc C.MIS

Mistango River Resources Inc. is an exploration company with a 100% interest in two prospective properties in Kirkland Lake, Ontario. The Omega Property is surrounded by MAG Silver's Larder Lake property and on trend from the Kerr Addison mine that historically produced 12 million ounces. Its Kirkland West property is contiguous with Agnico Eagle's operating Macassa mine, and exploration conducted on the property has shown that structures, including the Amalgamated and Main Breaks, converge with the Cadillac-Larder Lake Break on the Kirkland West property. The Kirkland West is made up of two main zones: The Baldwin Zone and the Eby Zone. It is exploring at its Goldie project, 50 kilometers (km) west of Thunder Bay, within the Shebandowan Greenstone Belt. Its Sackville project is located 50km west of the City of Thunder Bay in Sackville/Aldina Township. Its Ledden Project is in the Chibougamau Mining District. Omega Mine is in the prolific Kirkland Lake / Cadillac-Larder Lake Break.


CSE:MIS - Post by User

Post by jpinkmanon Aug 31, 2021 9:34am
115 Views
Post# 33787172

NEWS

NEWS

Mistango Launches 3-D Geophysical Modeling for Drill Targeting at its Kirkland West Gold Project


Toronto, Ontario – August 31, 2021 – Mistango River Resources Inc. (“Mistango” or the “Company”) (MIS:CSE) is pleased to announce that Mira Geoscience has been commissioned to complete integrated 3-D geophysical and geological modeling on the Kirkland West Gold Project  in the southern Abitibi Greenstone Belt, Ontario. The modeling program is designed to generate high priority drill targets for the upcoming drilling campaign in October 2021.
 
Constrained 3-D geophysical modeling of publicly available aeromagnetic and gravity data will be performed for the Baldwin Zone in the northern part of the Kirkland West Project. The resulting models will serve as a basis to construct 3-D surfaces for the main geological contacts and fault structures. The objective will be to define discrete exploration drill targets that would be associated with geological and structural environments similar to those that host world-class gold deposits such as the Macassa mine, within the Kirkland Lake mining camp that is located a few kilometres to the east.
 
Drilling is expected to kick off in October, 2021 and will represent a total of approximately 5,000 metres. The upcoming drilling campaign will represent an expansion of the 10,000 metre Phase 1 drilling program that was temporarily halted in April, 2021, after approximately 7,000 metres (18 holes) had been completed due to difficult conditions during the spring thaw season (News Release dated July 26, 2021). The constrained 3-D geophysical models and structural interpretations will lead to increased confidence in the definition of high priority targets at the Baldwin Zone.
 
Further information on the Kirkland West Project can be found here.
 
About the Kirkland West Project
The Kirkland West Project is adjacent to Kirkland Lake Gold’s (KL:TSX) Macassa Mine and includes two main zones, the Baldwin Zone and the Eby Zone that are distinguished by different geological settings. The Baldwin Zone includes land holdings in the western Teck, Grenfell and Eby townships and share a similar geological setting with the Kirkland Lake mining camp. The Eby Zone is 3 km to the southwest within Eby township and features a differentiated and highly prospective geological setting.
 
QP Statement
The technical information contained in this news release has been reviewed and approved by Dr. Keith Benn, P.Geo., Vice President Exploration for Mistango, who is a Qualified Person as defined in “National Instrument 43-101, Standards of Disclosure for Mineral Projects.” 
 
About Mistango River Resources Inc.
Mistango is a Canadian-based exploration and development company focused on its Kirkland Lake West and Omega projects in the Kirkland Lake District of Ontario’s Abitibi Greenstone Belt. The Company is listed on the Canadian Securities Exchange (CSE) under the symbol MIS.
 
To Speak to the Company directly, please contact:
Stephen Stewart, Chairman and Director
Phone:  416.644.1567
Email:  info@oregroup.com
www.Mistango.com
 
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