Drilling Begins at Carlin-Roop Yukon Silver Discovery Mayo Lake Minerals Inc. is pleased to announce the start of its early summer exploration programs beginning on May 25 with prospecting and soil sampling on its Trail-Minto Gold Property followed by a definitive 1,470m diamond drill program to begin this week at its Carlin-Roop Silver Project. At a cost of approximately $900,000, the complete early summer program, which [...]
Mayo Lake Minerals Inc. is pleased to report results received on March 18, 2022 for a soil sampling project completed between September 30 and October 5, 2022 on Mayo's Anderson-Davidson property . A total of 381 samples were collected from 376 separate sites. Two significant gold anomalies were well defined; herein termed the Norman Anomalies. One anomaly yielded soils up to 55ppb Au trending parallel to the Anderson [...]
Mayo Lake Minerals is pleased to announce that it will shortly release its June plans to drill highly prospective targets delineated during its 2021 prospecting and soil sampling program in the Carlin West area of its Carlin-Roop silver project. Carlin-Roop is adjacent to the southern portion of Metallic Minerals' Keno property, Yukon. The results were first released on SEDAR. Thirteen grab samples¹ were collected during [...]
Mayo Lake Minerals is pleased to announce that on May 3rd it closed a private placement consisting of 1,572,637 common share units of the Company issued at a price of $0.12 per Unit for gross proceeds of $188,716.44 and 167,000 flow-through units of the Company issued at a price of $0.18 per FT Unit for a total of $30,060. The Units and FT Units are subject to a statutory hold period of 4 months from closing. Each FT Unit [...]
Mayo Lake Minerals Inc. is pleased to announce that the common shares of the Company will commence trading on the Canadian Securities Exchange effective at the open of business on Thursday, May 5, 2022 under the symbol "MLKM". Mayo Lake Minerals is focussed on the development of five precious metal projects, covering 232 square kilometres in the Tombstone Plutonic Belt of the Tintina Gold Province in the Yukon. It's [...]
Mayo Lake Minerals Inc. is pleased to announce the results of its summer 2021 prospecting and soil sampling program in the Carlin West area of its Carlin Roop silver project bordering on the southern portion of Metallic Minerals' Keno property, Yukon Territory. The results were first released on SEDAR. Thirteen grab samples1 were collected during prospecting at Carlin West. The silver content of seven rock samples ranged [...]
Mayo Lake Minerals is pleased to announce that it has completed the second and final tranche of its initial public offering pursuant to a prospectus dated December 15, 2021. Pursuant to the Offering, the Company issued an aggregate of 2,637,033 units of the Company issued at a price of $0.12 per Unit for gross proceeds of $316,443.93. Together with the Offering, the Company issued an aggregate of 6,287,701 flow-through [...]
Mayo Lake Minerals is pleased to announce that it has completed its initial public offering pursuant to a prospectus dated December 15, 2021. Pursuant to the Offering, the Company issued an aggregate of 6,121,034 flow-through units of the Company issued at a price of $0.15 per FT Unit and 2,003,340 units of the Company issued at a price of $0.12 per Unit for aggregate gross proceeds of $1,158,555.90. StephenAvenue [...]
Mayo Lake Mineral is pleased to report it has filed a final prospectus with the securities regulatory authorities in Ontario, BC, Manitoba, Alberta and the Yukon in connection with a proposed initial public offering of the common shares in the capital of the Company. The Final Prospectus qualifies the distribution of: (i) up to 7,000,000 flow-through units of the Company to be issued at a price of $0.15 per FT Unit and [...]
Mayo Lake Minerals announced today that it intends to close its private placement consisting of Units (The Unit Offering) and Flow Through Units on September 8, 2017 in advance of pending drill results. The decision of the board of directors is based on the best interest of the Company's current shareholders and those that have already subscribed to the present offering. The offering is being completed based on the report [...]
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