Crystal Lake Outlines Large-Scale Copper-Gold-Rich System at Burgundy Ridge as Crews Prepare for Diamond Drilling
Crystal Lake Outlines Large-Scale Copper-Gold-Rich System at
Burgundy Ridge as Crews Prepare for Diamond Drilling
July 16, 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 its ongoing Phase
1 exploration program has greatly expanded the target area at Burgundy Ridge, the newest drilling discovery
in Northwest B.C.’s prolific Eskay Camp based on four shallow first-ever drill holes (reverse circulation)
during winter conditions last fall (see March 7, 2019 news release).
Crews will be mobilizing for the maiden diamond drilling program at Burgundy Ridge during the week of
July 22 to aggressively broaden this discovery (high-grade copper plus gold, silver, cobalt and zinc) laterally
and at depth.
Highlights
• Mapping, prospecting, sampling and hyperspectral analysis have delineated a larg e 2 km x 2.5 km
porphyry and skarn-style system open in multiple directions;
• The Burgundy Ridge system features multiple “hot spots” including a significant new surface discovery
600 metres west-southwest of October’s copper-gold-rich intersections – a k-spar epidote altered and
brecciated intrusion containing disseminated copper sulphides in a high temperature alteration zone;
• High-grade mineralization at Burgundy Ridge occurs within breccias and intrusive dykes that are
structurally controlled along the margin of a large dolomitic limestone body which has been intruded by
a variety of porphyries (a 3-metre chip sample by Romios Gold in 2013, which should not be considered
representative of mineralization in the target area, returned 5.1% Cu, 28.5 g/t Au and 89.7 g/t Ag).
Dr. Peter Lightfoot, Crystal Lake Technical Advisor, commented: “The data increasingly suggest that there
is large-scale development at Burgundy Ridge of alkaline porphyritic stockwork vein systems with breccias.
These are very messy alkalic porphyries – exactly the right type of rocks – and they are associated with
carbonate-bearing country rocks.
TSXV: CLM OTC: SIOCF FSE: SOG-FF
Crystal Lake Mining’s Technical Advisor Dr. Peter Lightfoot Comments on the ‘impressive fluid
highway’ indicative at the Newmont Lake project in the Eskay Camp, British Columbia
“Tight correlations between copper and silver, copper and gold, and copper and cobalt are indicative of
significant and coherent underlying mineralization processes at Burgundy Ridge, driven in part by an
impressive fluid highway,” Dr. Lightfoot concluded.
Newmont Lake Project General Update
Crystal Lake will commence its 2019 drilling at the Burgundy Ridge discovery while highly prospective
targets elsewhere throughout the 550 sq. km (55,000 hectare) project, including the newly-defined Chachi
Corridor, continue to be systematically explored and advanced with details expected shortly as more data
becomes available.
• To date, within the last six weeks, over 4,000 rock and soil samples have been collected throughout the
project and have been shipped for assay (includes an intensive chip sampling campaign for hyperspectral
vectoring);
TSXV: CLM OTC: SIOCF FSE: SOG-FF
• Lithological and alteration mapping on the highest priority prospects has been carried out by 35 -year
Golden Triangle veteran Marco Vanwermeskerken who mapped the Eskay Creek deposit pre-to-post
discovery;
• A broad scale geophysics program, including both ground and airborne methods, will soon be launched
by Wolcott & Associates Geophysical Services.
Richard Savage, President and CEO of Crystal Lake, stated: “We are ready to leverage the hard work and
expertise of our discovery -driven teams who have done a remarkable job to position shareholders for a
summer to remember in the Eskay Camp. We’ve got the right people in the right area at the right time -
drilling starts with bullseye targets at Burgundy Ridge to immediately expand the district’s newest
discovery.”
Qualified Person
The technical information in this news release has been reviewed and approved by Mr. Maurizio Napoli, P.
Geo., VP Exploration for Crystal Lake Mining, a Qualified Person responsible for the scientific and technical
information contained herein 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.
On Behalf of the Board of Directors,
CRYSTAL LAKE MINING CORP.
“Richard Savage”
President & CEO
Email: [email protected]
www.crystallakemining.com
For further information please contact:
MarketSmart Communications
Tel: +1 (604) 261-4466
Toll Free: +1 (877) 261-4466
Email: [email protected]
Momentum Public Relations
Tel: +1 (514) 815-7473
Email: [email protected]
This news release may contain certain “forward looking statements”. Forward-looking statements involve known and unknown
risks, uncertainties, assumptions and other factors that may cause the act ual 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.