Mayo Lake Minerals funds studies to refine Anderson Gold Trend drill targets
Bitget2026/11/04 19:18- Mayo Lake Minerals closed the first tranche of its private placement, raising $231,574.29 to initiate exploration studies.
- Proceeds fund immediate soil geochemistry reprocessing on the Anderson Gold Trend and inverse magnetic modeling across all three properties.
- Studies will refine targets for early 2027 diamond drilling at Anderson Gold Trend and trenching at Carlin West and Roop North.
- Final closing of the $700,000 placement was extended to November 27, 2026, with up to $468,425.71 remaining to raise.
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