Crystal Lake Mining’s Discovery Team Outlines Chachi Corridor
Crystal Lake Mining Corp.
13236 Cliffstone Court
Telephone: +1 (250) 766-1517
Fax: +1 (250) 766-1839
www.crystallakemining.com
Crystal Lake Mining’s Discovery Team Outlines Chachi Corridor
Copper-Gold Target Area at Newmont Lake Project
June 12, 2019, Vancouver, British Columbia - Crystal Lake Mining Corporation (TSXV:
CLM; OTC: SIOCF; FSE: SOG-FF) (”Crystal Lake” or the “Company”) is pleased to announce
that a large copper-gold porphyry target area, with high-grade gold potential, has been outlined on
the eastern side of the Company’s Newmont Lake Project in Northwest B.C.’s Eskay Camp.
The northeast trending Chachi Corridor along the McLymont fault system has a current strike length
of greater than 8 km by 3 km wide as defined by an extensive review of historic data including rocks,
soils and geophysics. The entire corrido r, which features astonishing glacial retreat, is n otably
underexplored and will be one of several primary areas of focus for the 2019 summer exploration
program, now underway.
Location
The Chachi Corridor begins approximately 6 km northeast of the historic Northwest Gold zone
(“NW Zone”) and 20 km northeast of Crystal Lake’s recent drilling discovery at Burgundy Ridge
(March 7, 2019, news release), underscoring both the scale and potential of the entire 430 sq. km
Newmont Lake Project located in the heart of the Golden Triangle.
A broad and flat glacial valley ranging in elevation from 500 to 700 meters begins at the northeast
tip of the Chachi Corridor and continues in a straight direction northeastward for approximately 20
km to the Galore Creek access road west of the Bob Quinn Airstrip. Additionally, infrastructure and
access to the southern portion of the Newmont Lake Project have recently been upgraded with the
completion and power production of AltaGas’ Northwest Hydroelectric facilities, including the 66-
MW McLymont Creek power plant which sits at the southern tip of Crystal Lake’s land package 15
km northwest of Nickel Mountain.
Crystal Lake Mining Corp.
13236 Cliffstone Court
Telephone: +1 (250) 766-1517
Fax: +1 (250) 766-1839
www.crystallakemining.com
Location of Crystal Lake Mining’s Newmont Lake Project in the prolific Eskay Mining Camp of
Northwest BC, Canada
Glacial Retreat Opens Corridor
Based on cross referencing old and new satellite imagery and orthographic photos, glacial retreat of
approximately 2 to 4 kilometers has occurred within the Chachi Corridor since parts of it were last
explored with “boots on the ground” in 2008. Widespread surface alteration, intrusive bodies and
other geological features consistent with large-scale porphyry copper-gold and associated shear vein
gold and/or carbonate replacement gold systems are apparent in the geochemical data compilation.
This plus the newly exposed prospective ground makes the entire Chachi Corridor a high-priority
target.
Satellite image showing the extent of glacial retreat along Chachi Corridor from 2002 to 2018
Crystal Lake Mining Corp.
13236 Cliffstone Court
Telephone: +1 (250) 766-1517
Fax: +1 (250) 766-1839
www.crystallakemining.com
Chachi Corridor Additional Highlights:
• Three separate intense geochemical anomalies (copper, gold and silver), vectoring into vast
unexplored and highly altered terrain, covering an area greater than 8 km by 3 km;
• An approximate 3 km gossanous zone is adjacent to a cluster of dioritic and syenitic
intrusions (typical intrusion types to host large porphyry systems and mineral occurrences in
this region), all spatially associated with the McLymont Fault system of extensional tectonics
in the region;
• A radiometric age-dating study at the University of British Columbia (“UBC”) concluded
late Triassic ages of 203.1 ± 2.0 Ma to 214.1 ± 2.0 Ma on two sampled intrusions to date in
the Chachi Corridor, which puts a copper-gold porphyry system in the Corridor remarkably
similar in age to the Newmont/Teck Galore Creek/Copper Canyon deposits approximately
40 km to the northwest (Assessment Report #30749, B.C. Geological Survey);
• Limited historic rock sampling (late 1980’s) over a strike length of 1 km from an interpreted
epithermal area on the eastern side of the Chachi Corridor returned values ranging from
anomalous to 14.2 g/t Au, with 8 of the 28 samples grading >8 g/t Au (Assessment Report
#18450).
Richard Savage, President and CEO of Crystal Lake, commented: “The right people, the right area,
the right time - we’ve assembled an amazing team that’s planning an expansive initial exploration
program that will be systematic and discovery -driven, applying state -of-the-art exploration
technologies.”
Chachi Phase 1 Exploration Program
A team of approximately 20 people at any given time will be exploring and validating the Chachi
Corridor. A Phase 1 program consisting of extensive prospecting, lithological and alteration
mapping, airborne and ground geophysics, and geochemical and alteration vectoring using the latest
in-field mobile hyperspectral and X-ray Fluorescence (“XRF”) technology should quickly define
priority targets for drill testing this summer.
Corporate Update
Crystal Lake Mining is currently in the process of rebranding and building its new investor website,
corporate presentation, geological and investor maps and more. To find out more about the company
and to be notified when these items are available, email [email protected] or sign-up on
our current website to receive all email alerts.
Crystal Lake Mining Corp.
13236 Cliffstone Court
Telephone: +1 (250) 766-1517
Fax: +1 (250) 766-1839
www.crystallakemining.com
Qualified Person
The technical information in this news release has been reviewed and approved by Mr. Abdul
Razique, PhD., P.Geo., a Qualified Person responsible for the scientific and technical information in
this news release under National Instrument 43-101 standards.
About Crystal Lake Mining
Crystal Lake Mining is a Canadian -based junior exploration company focused on building
shareholder value through high-grade discovery opportunities in British Columbia and Ontario. The
Company has an option to earn a 100% interest in the Newmont Lake Project, one of the largest land
packages among juniors in the broader Eskay region in the heart of Northwest B.C. ’s Golden
Triangle.
This news release may contain certain “forward looking statements”. For ward-looking statements
involve known and unknown risks, uncertainties, assumptions and other factors that may cause the
actual results, performance or achievements of the Company to be materially different from any future
results, performance or achievements expressed or implied by the forward-looking statements. Any
forward-looking statement speaks only as of the date of this news release and, except as may be
required by applicable securities laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future events or results or
otherwise. Neither 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.
On Behalf of the Board of Directors,
CRYSTAL LAKE MINING CORP.
“Richard Savage”
President & CEO
Email: [email protected]
Website: www.crystallakeminingcorp.com
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