McFarlane Lake Mining Limited has released promising assay results from its ongoing exploration campaign at the 100%-owned Juby Gold Project, located west of Gowganda, Ontario. The company's latest drilling has uncovered a substantial near-surface gold intersection that has prompted an immediate expansion of the exploration program.
Significant Gold Intersection Details
The company's second drill hole, identified as JU8-26-142, has intersected 6.58 grams per tonne gold over 10.35 metres, all contained within a broader intersection of 3.32 g/t gold over 22.35 metres. What makes this discovery particularly noteworthy is its proximity to surface - the mineralization begins at just 33 metres below ground level.
This drill hole logged an impressive 20 separate occurrences of visible gold, with assays confirming the high-grade nature of the mineralization. The results suggest the gold system demonstrates a higher-grade concentration continuing to the southwest while remaining open along strike, indicating potential for further expansion of the mineralized zone.
Expanded Drilling Program
In response to these encouraging results, McFarlane Lake Mining has announced a significant expansion of its drilling activities. The company had previously announced an additional 500 to 600 metres of drilling in the 826 zone. Today, they have revealed plans to increase drilling by another 400 metres, bringing the total additional drilling in the '826' zone to 1,000 metres.
Furthermore, the company is adding two additional holes of 200 metres each to be drilled along strike and approximately 100 metres step out from hole JU-13-137 in the same zone. This expansion would bring the total drilling in this area under the current program to approximately 1,600 metres.
Project Location and Geological Context
The Juby Gold Project is situated within the southern part of the renowned Abitibi Greenstone Belt, one of Canada's most prolific gold-producing regions. The '826' zone where this discovery was made is approximately 1,400 to 1,500 metres away from the company's existing Juby deposit, with most of this distance having seen no previous exploration drilling.
Drilling was initiated in December 2025 on the property, commencing at the Company's '826' zone. The project represents a significant exploration opportunity in a well-established mining jurisdiction with excellent infrastructure and mining-friendly policies.
Company Leadership Response
"We are enthused by these early results," stated Mark Trevisiol, CEO and Chairman of McFarlane Lake Mining. "Our second hole delivered a high-grade near-surface intersection, which has caused us to pivot from our original drilling plan. We plan to chase this a bit more and follow up with geophysics to try to track this high-grade gold trend."
The company's leadership emphasized that these results represent just the beginning of their exploration efforts in this promising area. The near-surface nature of the mineralization could have significant implications for potential mining economics should the discovery prove to be part of a larger mineralized system.
Technical Details and Future Plans
The drilling program is systematically exploring multiple zones within the Juby Gold Project, including Zones 826, Juby, Golden Lake, Big Dome and Hydro Creek. The current focus on the 826 zone appears to be yielding particularly encouraging results that warrant additional investment and exploration effort.
McFarlane Lake Mining continues to analyze the geological data and plans to integrate geophysical surveys to better understand the orientation and extent of the gold mineralization. The company remains committed to thorough exploration and responsible development practices as they advance their understanding of this promising gold project in Ontario's mineral-rich north.