McFarlane Lake Mining is pleased to announce the signing of a definitive asset purchase agreement with Total Metals for the sale of the Company's High Lake and West Hawk Lake properties located in close proximity east and west of the Ontario-Manitoba border. Under the terms of the Agreement, the Company will receive total consideration of $9.25 million, comprised of: $7.25 million in cash, payable on closing; and [...]
McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, is pleased to announce that it closed the final tranche of its previously announced non-brokered private placement offering of units at a price of $0.15 per Unit and flow-through shares of the Company at a price of $0.15 per FT Share . The Company closed the first tranche of the Offering on September 26, 2025. On October 7, 2025, the Company [...]
McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, announces that, further to its news release dated September 22, 2025 regarding its offering under the listed issuer financing exemption pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions, as modified by Coordinated Blanket Order 45-935, the Company has filed an amended and restated offering document on SEDAR+ to [...]
Highlights of Mineral Resource estimate 3.17 million inferred ounces gold at 0.89 gram per tonne gold 1.01 million indicated ounces gold at 0.98 gpt gold using long term gold price of US$2500/oz Resource Sensitivities at US $3750/oz gold yield 5.42 million ounces at 0.87 gpt gold contained in 194 Million tonnes New underground resources defined to augment open pit resources McFarlane applies for exploration permit at Juby [...]
Correction: The Juby Gold project has a non-compliant inferred resource of 1,488,000 ounces at 0.98 gpt gold. McFarlane Lake Mining Ltd. is pleased to announce that it has submitted an Exploration Permit for its flagship Juby Gold Project, located near Gowganda, Ontario, one of the most prospective and underexplored regions within the Abitibi Greenstone Belt. The permit - submitted through the Ontario Ministry of Mines [...]
McFarlane Lake Mining Ltd. is pleased to announce that it has submitted an Exploration Permit for its flagship Juby Gold Project, located near Gowganda, Ontario, one of the most prospective and underexplored regions within the Abitibi Greenstone Belt. The permit - submitted through the Ontario Ministry of Mines- supports the Company's plans for up to 10,000 metres of drilling that is expected to commence before year-end [...]
US$22 McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, is pleased to announce that it has closed the strategic acquisition of a 100% interest in the Juby Gold Project and 25% joint venture interest in the adjacent Knight property from Aris Mining Holdings Corp. , a wholly-owned subsidiary of Aris Mining Corp. , along with the associated financing transactions. Terms of the Acquisition were [...]
MCFARLANE AMENDS C$12.5 McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company,is pleased to announce the signing of a binding agreement with Total Metals Corp. for the sale of the Company's High Lake mineral property located immediately east of the Ontario-Manitoba border and the West Hawk Lake mineral property located immediately west of the Ontario-Manitoba border. The total consideration is [...]
McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, is pleased to announce that, further to its press release of August 25, 2025 , its previously announced US$15 million debt financing is now fully subscribed. The proceeds raised pursuant to the Debt Financing will be used to fund the cash portion of the Company's proposed acquisition of the Juby Properties and an interest in the Knight [...]
McFarlane Lake Mining is pleased to announce that it has entered into an agreement in principle for a bridge financing of up to US$15,000,000 with a syndicate of lenders anchored by a lead institutional investor, and, in addition, intends to complete a concurrent non-brokered equity offering of up to US$10,000,000. Bridge Financing The proceeds raised pursuant to the Bridge Financing will be used to fund the cash portion [...]
McFarlane Lake Mining is pleased to provide an update further to its July 7, 2025, announcement regarding its proposed acquisition of the Juby Gold Project. McFarlane has commenced a mineral resource estimate update at the Juby Gold Project and anticipates a material increase in contained gold ounces by using a gold price of $2400-$2800 per/oz USD, lowering the cut of grade to 0.2 g/t and including approximately 10,000 [...]
Juby Gold Project Highlights: 2020 Historical Indicated mineral resource of 773,000 oz of gold in 21,310,000 tonnes with an average grade of 1.13 g/t gold and an inferred mineral resource containing 1.49 million oz of gold in 47,146,000 tonnes with an average grade of 0.98 g/t gold using a cutoff grade of 0.4 g/t gold. Mineral resources were calculated with a $1450 US gold price with significant potential to increase [...]
