Thursday, October 13, 2011 6:33:09 PM
Mineral Mountain Resources Ltd TSXV:MMV announced assays from its Straw Lake project in northwestern Ontario. Results include
1.4 g/t gold over 1 metre
1.4 g/t over 14 metres (including 2.8 g/t over 4 metres)
45.9 g/t over 1.4 metres
1.2 g/t over 1 metre
3.2 g/t over 1.4 metres (including 13.5 g/t over 0.3 metres)
1.4 g/t over 2 metres
2.4 g/t over 1 metre
2.7 g/t over 2 metres
27.5 g/t over 1 metre
President/CEO Nelson Baker tells ResourceClips.com, “We’d been looking at the area since 2006 when we acquired the Straw Lake project. We liked the area because it’s at the intersection of three major regional breaks or faults. Within that area, our property package consists of an area four kilometres wide by eleven kilometres long. It hosts three different styles of gold mineralization. One is the mine horizon, which is typically a Red Lake or Kirkland Lake-style gold occurrence, where you tend to get high grade. Straw Lake was mined between 1938 and 1941. The old-timers went down on a vertical shear zone that was about a metre wide, and the grades were quite high—anywhere between 0.35 ounces per ton to 0.4 ounces per ton—so the miners focused on that one-metre zone. They put a shaft down to 723 feet and established several levels, and they started production on the first couple of levels. About that time, they needed to get extra electrical power to go deeper with their mining operations, and the Second World War broke out, so they had to stop mining.
Read the interview: http://bit.ly/oK8NQh
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