Golden Lake Exploration Inc. reports that its initial Phase 1 reverse circulation drill program on the company's keystone Jewel Ridge gold property, located near the town of Eureka, NV, is proceeding well. All three proposed holes on the Hamburg Mine target have been completed to target depths. The drill has now moved approximately 1.5 kilometers northwest to patented claims on the South Eureka Tunnel Target area [...]
Golden Lake Exploration Inc. is pleased to report that the maiden reverse -circulation drill program is underway on the company's keystone Jewel Ridge gold property, located near the town of Eureka, Nev. The 1st hole was completed on the weekend on the Hamburg Mine target, followed by a short 4-day scheduled break, with drill activities resuming on August 7, 2020. The drill program has been recently expanded from 5,000 ft [...]
Golden Lake Exploration Inc. is pleased to report that site preparations are completed for a minimum 5,000-foot, RC drill program on the company's keystone Jewel Ridge gold property. Site groundwork involved bulldozer and backhoe excavations, location of drill hole collars, and securing water delivery sources as required. Alford Drilling, LLC, of Elko, Nevada, has mobilized the drill from its last job and it is in transit [...]
Golden Lake Exploration Inc. is pleased to report positive gold and silver values from reconnaissance prospecting and geological mapping by the Company's geological team on its keystone Jewel Ridge gold property located near the town of Eureka, Nevada. Strong gold and silver values from selective samples returned up to 5.48 grams per tonne and 324.0 grams per tonne silver from the A & E Target, and up to 14.20 g/t Au and [...]
Geochemical Survey Complete Golden Lake Exploration Inc. is pleased to report that Alford Drilling, LLC, of Spring Creek, NV 89815 has been retained to complete a minimum 5,000 foot, RC drill program on the company's keystone Jewel Ridge gold property, located near the town of Eureka, Nevada. The drill will be mobilized as soon as possible by the contractor with drilling set to commence this month. "With gold hitting new [...]
Golden Lake Exploration Inc. reports that it's geological team has confirmed previous reported results on the Radio Tower target and also has sampled a new mineralized zone designated as the A&E Target on the company's keystone Jewel Ridge gold property located near the town of Eureka, Nevada. Highlights: Radio Tower Target - sampling by Company personnel of dumps from adits, shafts, old trenches and outcrop have returned [...]
Golden Lake Exploration Inc. is pleased to report the initiation of a surface soil geochemical survey over a portion of the company's keystone Jewel Ridge gold property located near the town of Eureka, Nevada. The geochemical survey is being conducted by Rangefront Geological of Elko, Nevada and commenced on June 17, 2020. The proposed soil chemical survey will comprise sampling on 200 ft intervals, on lines spaced [...]
Giulio Bonifacio to the Board of Directors Tom Obradovich to Advisory Board Golden Lake Exploration Inc. is pleased to announce the appointments of Mr. Giulio Bonifacio to its Board of Directors and Mr. Thomas Obradovich to its Advisory Board effective immediately. Giulio Bonifacio Giulio Bonifacio has over 30 years of experience in senior executive roles in the mining industry. Mr. Bonifacio is the Founder and former [...]
Golden Lake Exploration Inc. is pleased to announce that further to its press releases dated May 29th, 2020 the Company has closed the non-brokered private placement. The Company issued 8,166,667 common share units at a price of $0.15 per Unit for aggregate gross proceeds of $1,225,000. The shares and warrants comprising the units are subject to a 4 month hold period expiring October 10th, 2020. Proceeds raised will be [...]
Golden Lake Exploration Inc. announces that it has arranged a non-brokered private placement of up to 5 million units at a price of $0.15 per Unit for aggregate gross proceeds of $750,000.00 . Each Unit will be comprised of one common share and one half of one transferable Share purchase warrant of the Company . Each whole Warrant will entitle the Subscriber to purchase one Warrant Share for a 24-month period after the [...]
Golden Lake Exploration Inc. reports on the identification of a new target on the company's keystone Jewel Ridge gold property located near the town of Eureka, Nevada. Recently, the Company acquired from a third-party, a geochemical data base completed by a major mining company, with a portion of the samples located on the Jewel Ridge property. Highlights include an area not sampled, nor drilled, designated as the "Radio [...]
Golden Lake Exploration Inc. reports that it has completed the high-resolution ground magnetics, at 50 meter-line-spacing, on the Company's keystone Jewel Ridge gold property near Eureka, Nevada. The Company's consulting geophysicist is processing and interpreting the data with preliminary results due in the near future. The magnetic survey was completed by Magee Geophysical Services LLC., based in Reno, Nevada. Magee [...]
