MLK Monthly Update
MLK Gold Ltd. (“MLK” or the “Company”) carried out field exploration on the southwestern part of its Caledonia Brook project in southern Newfoundland. At this location the property is underlain by a large area of intense alteration with variable sulphide mineralization and low levels of gold and copper mineralization.
The Company is also in discussion with several 3rd party corporations interested in lithium mineralization. The Company’s lithium property in southern Newfoundland has numerous pegmatites up to 1.5 metres wide and containing coarse grained quartz and feldspar crystals up to 30 cm in length and 10 cm in cross section. Continuing field exploration on this, and other properties will continue as long as weather conditions permit. There is still over 80% of the property left to explore.
The Company is still waiting on a favourable decision from the Town of Conception Bay South regarding its application for an exploration permit on its Manuels low sulphidation, epithermal Gold Project on the Avalon Peninsula of Newfoundland. Management finalized and filed its Q3 filing documents. An assessment report on the Caledonia Brook property is nearing completion and will be submitted to the Newfoundland government in November.