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PRESS RELEASE: Additional Three Drill Holes Intersect Visual Copper Mineralization Including Veins of Massive Copper Sulphides at Stars Project in Central BC

23 Jan 2018 8:01 am

Dow Jones received a payment from EQS/DGAP to publish this press release.
 
 
 DGAP-News: ML Gold Corp. / Key word(s): Miscellaneous 
Additional Three Drill Holes Intersect Visual Copper Mineralization 
Including Veins of Massive Copper Sulphides at Stars Project in Central BC 
 
2018-01-23 / 09:01 
The issuer is solely responsible for the content of this announcement. 
 
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2018) - *ML Gold 
Corp. (TSXV: MLG) ('ML Gold' or the 'Company')* is pleased to report it has 
intersected three long intervals with visible copper sulphide in the second, 
third, and fourth drill holes at its ongoing program at the Stars Project 
near the Huckleberry Mine in central BC. Significantly, drill hole four, 
collared 150 metres to the southeast from drill hole one, and drilling east, 
has intersected a 300 metre interval, from 25.2 to 325.2 metres depth, with 
visible chalcopyrite as veins and disseminations including massive 
chalcopyrite mineralization. 
 
Highlights from drilling: 
 
? All mineralization encountered to date begins at or close to surface, 
hidden by a thin layer of glacial till (average 20-25 metres). 
 
? Multiple events of copper mineralization have been observed, evident 
from cross- cutting relationships of chalcopyrite rich veins. 
 
? Copper mineralization is hosted within volcanics and intrusive rocks 
with an apparent spatial association to various phases of porphyritic and 
apalitic dykes. 
 
? Visually identified mineralization in the first four drill holes is 
comprised predominately of chalcopyrite with little pyrite. 
 
? Chlorite-sericite-muscovite alteration associated with chalcopyrite rich 
quartz veins, possibly indicates current drilling is within a zone above 
or beside higher temperature potassic core. 
 
DD18SS004 enters bedrock at 21.3 metres within mineralized volcanics and 
transitions into mineralized monzodiorite to granodiorite intrusive rock of 
the Bulkley Intrusive Complex (BIC), similar to the host rock at the 
Huckleberry Mine. Visible copper mineralization is observed throughout the 
interval to a depth of 325.2 meters. The hole then remains within the 
intrusive rock to the bottom of the hole at 367.9 metres. 
 
DD18SS003 entered bedrock at a depth of 23.4 metres. Downhole, copper 
sulphide mineralization occurs in veins and as disseminations and blebs of 
chalcopyrite. Visible mineralization occurs throughout the interval to a 
depth of 254.8 metres. The hole remains within intrusive rock to a total 
depth of 438 metres. 
 
DD17SS002 entered bedrock at a depth of 24.1 metres with visible copper 
oxide mineralization at surface. Downhole, copper sulphide mineralization 
occurs in veins ranging in size from 0.1 to 15 centimetres (cm) and as 
disseminations of chalcopyrite and less bornite. Visible mineralization 
occurs throughout the interval to a depth of 300.8 metres. The hole remains 
in intrusive rock to a total depth of 363.3 meters. 
 
Adrian Smith, President of ML Gold commented 'We are extremely pleased with 
first four holes of the program. Hole four is the most impressive hole to 
date and there is no indication we have drilled within the best zone of this 
porphyry system yet.' 
 
True widths of the mineralized zones intersected are unknown at this time. 
Core is being processed and assays will be reported as soon as possible. 
 
For greater information on this project and to view maps, sections, and 
additional pictures from the drill holes, please visit the Company's website 
or follow the URL: 
 
http://www.mlgoldcorp.com/index.php/projects/stars-property [1] 
 
*Qualified Person * 
 
Adrian Smith, P.Geo., is the qualified person for the Company as that term 
is defined in National Instrument 43-101, and has supervised the technical 
information presented within this news release. 
 
*ABOUT ML GOLD CORP. * 
 
ML Gold Corp. is a Canadian company listed on the TSX Venture Exchange, 
focused on creating shareholder value through discoveries and strategic 
development of mineral properties in Canada and the United States. 
 
For additional information please visit the Company's website at 
www.mlgoldcorp.com [2]. You may also email info@mlgoldcorp.com or call 
investor relations at (604) 669-2279. 
 
*ML GOLD CORP.* 
 
_'Andrew Bowering' _ 
 
Andrew Bowering 
 
Chairman 
 
_NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS 
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS 
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE._ 
 
This news release may contain certain 'Forward-Looking Statements' within 
the meaning of the United States Private Securities Litigation Reform Act of 
1995 and applicable Canadian securities laws. When or if used in this news 
release, the words 'anticipate', 'believe', 'estimate', 'expect', 'target', 
'plan', 'forecast', 'may', 'schedule' and similar words or expressions 
identify forward-looking statements or information. These forward-looking 
statements or information may relate to future prices of commodities, 
accuracy of mineral or resource exploration activity, reserves or resources, 
regulatory or government requirements or approvals, the reliability of third 
party information, continued access to mineral properties or infrastructure, 
currency risks including the exchange rate of US$ for CDN$, changes in 
exploration costs and government royalties or taxes in Canada, the United 
States or other jurisdictions and other factors or information. Such 
statements represent the Company's current views with respect to future 
events and are necessarily based upon a number of assumptions and estimates 
that, while considered reasonable by the Company, are inherently subject to 
significant business, economic, competitive, political and social risks, 
contingencies and uncertainties. Many factors, both known and unknown, could 
cause results, performance or achievements to be materially different from 
the results, performance or achievements that are or may be expressed or 
implied by such forward-looking statements. The Company does not intend, and 
does not assume any obligation, to update these forward-looking statements 
or information to reflect changes in assumptions or changes in circumstances 
or any other events affections such statements and information other than as 
required by applicable laws, rules and regulations. 
 
[3] 
 
*Figure 1: Blebby chalcopyrite with quartz hole 4 at Stars Property 
(25.3metres) * 
 
To view an enhanced version of Figure 1, please visit: 
http://orders.newsfilecorp.com/files/5509/32226_figure1.jpg [3] 
 
[4] 
 
*Figure 2: Massive chalcopyrite (copper) with quartz vein in hole 4 at Stars 
Property (64.9metres) * 
 
To view an enhanced version of Figure 2, please visit: 
http://orders.newsfilecorp.com/files/5509/32226_figure2.jpg [4] 
 
[5] 
 
*Figure 3: Massive Chalcopyrite with quartz in hole 4 at Stars Property 
(115.8metres) * 
 
To view an enhanced version of Figure 3, please visit: 
http://orders.newsfilecorp.com/files/5509/32226_figure3.jpg [5] 
 
[6] 
 
*Figure 4: Chalcopyrite in quartz vein in hole 4 at Stars Property 
(315.2meters) * 
 
To view an enhanced version of Figure 4, please visit: 
http://orders.newsfilecorp.com/files/5509/32226_figure4.jpg [6] 
 
Click on, or paste the following link into your web browser, to view the 
associated documents http://www.newsfilecorp.com/release/32226 
 
2018-01-23 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language: English 
Company:  ML Gold Corp. 
 
          Canada 
ISIN:     CA60689H1047 
 
End of News DGAP News Service 
 
647611 2018-01-23 
 
 
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(END) Dow Jones Newswires

January 23, 2018 03:01 ET (08:01 GMT)
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